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According to the public record, 4, Monmouth Close, Welling is a early-century freehold house with 1,280 ft2 of internal area and sits on a 224 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Monmouth Close, Welling is £570,867 and the estimated rental value is £2,320 per month.
Monmouth Close, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
4, Monmouth Close, Welling has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated January 2023.
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 4, Monmouth Close, Welling is in very good condition we estimate a sale value of £599,411 and a rental value of £2,436 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £530,906 and a rental value of £2,158 per month.
Over the last 12 months the sale value of 4 Monmouth Close Welling has decreased by an estimated £5,843 (1.0%) and its rental value has increased by an estimated £105 per month (4.5%), giving an expected gross yield of 4.9%.
According to data from HM Land Registry, 4, Monmouth Close, Welling sits on a plot of 224m2.
We have plot size data on 36 out of 45 other houses in the postcode and 4, Monmouth Close, Welling sits on the 27th largest plot.
4, Monmouth Close, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 2023.
The property is connected to mains gas and has mostly triple glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Monmouth Close, Welling was last sold on 7th July 2023 for £515,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2023, the market for similar properties has dropped 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Monmouth Close, Welling within a radius of 490 metres over the last 2 years.
The most recent example is 105, Hook Lane, Welling, DA16 2DW, a freehold house which sold for £517,000 on the 1st November 2022.
Read more about house prices in DA16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monmouth Close, Welling, DA16 has a total of 47 addresses. According to our analysis of all the public data, 4, Monmouth Close, Welling is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £121k more expensive than the average property in DA16.
The nearest school is Hook Lane Primary School which is 261 metres away. The nearest train station is Welling which is 600 metres away.
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