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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, 39, East Road, Welling is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 605 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 39, East Road, Welling is £291,302 and the estimated rental value is £1,325 per month.
East Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
39, East Road, Welling has 2 entries in the Land Registry , most recently in August 2023 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 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 39, East Road, Welling is in very good condition we estimate a sale value of £305,867 and a rental value of £1,392 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,911 and a rental value of £1,233 per month.
Over the last 12 months the sale value of 39 East Road Welling has decreased by an estimated £4,491 (1.5%) and its rental value has increased by an estimated £59 per month (4.4%), giving an expected gross yield of 5.5%.
According to HM Land Registry, 39, East Road, Welling was last sold on 31st August 2023 for £245,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2023, the market for similar properties has dropped 11.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, East Road, Welling within a radius of 480 metres over the last 2 years.
The most recent example is 36, East Road, Welling, DA16 3DT, a leasehold flat which sold for £260,000 on the 12th April 2024.
Read more about house prices in DA16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
East Road, Welling, DA16 has a total of 44 addresses. According to our analysis of all the public data, 39, East Road, Welling is the 31st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in DA16.
The nearest school is Welling School which is 300 metres away. The nearest train station is Welling which is 600 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
