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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, 38, Somerset Avenue, Welling is a early-century freehold house with 839 ft2 of internal area and sits on a 176 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 38, Somerset Avenue, Welling is £428,818 and the estimated rental value is £1,980 per month.
Somerset Avenue, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
38, Somerset Avenue, Welling has 31 entries in the Land Registry , most recently in January 2018 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 5 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 38, Somerset Avenue, Welling is in very good condition we estimate a sale value of £450,258 and a rental value of £2,079 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £398,800 and a rental value of £1,842 per month.
Over the last 12 months the sale value of 38 Somerset Avenue Welling has increased by an estimated £1,781 (0.4%) and its rental value has increased by an estimated £104 per month (5.2%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 38, Somerset Avenue, Welling sits on a plot of 176m2.
We have plot size data on 45 out of 47 other houses in the postcode and 38, Somerset Avenue, Welling sits on the 38th largest plot.
38, Somerset Avenue, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 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, 38, Somerset Avenue, Welling was last sold on 12th January 2018 for £337,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since January 2018, the market for similar properties has risen 22.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Somerset Avenue, Welling within a radius of 480 metres over the last 2 years.
The most recent example is 72, Yorkland Avenue, Welling, DA16 2LW, a freehold house which sold for £445,000 on the 8th February 2024.
Read more about house prices in DA16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Avenue, Welling, DA16 has a total of 48 addresses. According to our analysis of all the public data, 38, Somerset Avenue, Welling is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in DA16.
The nearest school is Danson Primary School which is 600 metres away. The nearest train station is Welling which is 1.1 kilometres away.
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