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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, 40, Somerset Avenue, Welling is a early-century freehold house with 1,151 ft2 of internal area and sits on a 298 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 40, Somerset Avenue, Welling is £515,679 and the estimated rental value is £2,330 per month.
Somerset Avenue, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
40, Somerset Avenue, Welling has 21 entries in the Land Registry , most recently in June 2016 and a single entry in the EPC database dated October 2015.
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 40, Somerset Avenue, Welling is in very good condition we estimate a sale value of £541,463 and a rental value of £2,446 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £479,581 and a rental value of £2,167 per month.
Over the last 12 months the sale value of 40 Somerset Avenue Welling has decreased by an estimated £6,083 (1.2%) and its rental value has increased by an estimated £86 per month (3.7%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 40, Somerset Avenue, Welling sits on a plot of 298m2.
We have plot size data on 45 out of 47 other houses in the postcode and 40, Somerset Avenue, Welling sits on the 5th largest plot.
40, Somerset Avenue, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Oct 2015.
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, 40, Somerset Avenue, Welling was last sold on 6th June 2016 for £475,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2016, the market for similar properties has risen 28.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Somerset Avenue, Welling within a radius of 480 metres over the last 2 years.
The most recent example is 175, Yorkland Avenue, Welling, DA16 2LQ, a freehold house which sold for £467,000 on the 19th July 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, 40, Somerset Avenue, Welling is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £65k more 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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