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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
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According to the public record, 34, Faraday Road, Welling is a early-century freehold house with 2,529 ft2 of internal area and sits on a 514 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 34, Faraday Road, Welling is £894,472 and the estimated rental value is £3,535 per month.
Faraday Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
34, Faraday Road, Welling has 21 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated May 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 34, Faraday Road, Welling is in very good condition we estimate a sale value of £939,196 and a rental value of £3,712 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £831,859 and a rental value of £3,288 per month.
Over the last 12 months the sale value of 34 Faraday Road Welling has decreased by an estimated £24,064 (2.7%) and its rental value has increased by an estimated £100 per month (2.8%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 34, Faraday Road, Welling sits on a plot of 514m2.
We have plot size data on 55 out of 57 other houses in the postcode and 34, Faraday Road, Welling sits on the 2nd largest plot.
34, Faraday Road, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 May 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 34, Faraday Road, Welling was last sold on 4th November 2022 for £875,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2022, the market for similar properties has dropped 8.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 34, Faraday Road, Welling within a radius of 480 metres over the last 2 years.
The most recent example is 4, Maxwell Road, Welling, DA16 2ER, a freehold house which sold for £300,000 on the 3rd December 2012.
Read more about house prices in DA16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Faraday Road, Welling, DA16 has a total of 59 addresses. According to our analysis of all the public data, 34, Faraday Road, Welling is the largest and the most expensive property on the street.
When compared to the postcode district it is £445k more expensive than the average property in DA16.
The nearest school is Hook Lane Primary School which is 2 metres away. The nearest train station is Welling which is 300 metres away.
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