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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 3, Penpool Lane, Welling is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 934 ft2 of internal area and sits on a 289 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Penpool Lane, Welling is £472,513 and the estimated rental value is £2,031 per month.
Penpool Lane, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
3, Penpool Lane, Welling has a single entry in the Land Registry from December 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Penpool Lane, Welling is in very good condition we estimate a sale value of £496,138 and a rental value of £2,132 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,437 and a rental value of £1,888 per month.
Over the last 12 months the sale value of 3 Penpool Lane Welling has increased by an estimated £2,916 (0.6%) and its rental value has increased by an estimated £115 per month (5.6%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 3, Penpool Lane, Welling sits on a plot of 289m2.
We have plot size data on 13 out of 14 other houses in the postcode and 3, Penpool Lane, Welling sits on the 7th largest plot.
According to HM Land Registry, 3, Penpool Lane, Welling was last sold on 9th December 2011 for £209,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2011, the market for similar properties has risen 101.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Penpool Lane, Welling within a radius of 540 metres over the last 2 years.
The most recent example is 18, Roseacre Road, Welling, DA16 2AD, a freehold house which sold for £467,000 on the 31st January 2025.
Read more about house prices in DA16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penpool Lane, Welling, DA16 has a total of 22 addresses. According to our analysis of all the public data, 3, Penpool Lane, Welling is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in DA16.
The nearest school is Danson Primary School which is 569 metres away. The nearest train station is Welling which is 900 metres away.
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