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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
According to the public record, 40, Springfield Road, Welling is a period freehold house with 1,194 ft2 of internal area.
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, Springfield Road, Welling is £462,906 and the estimated rental value is £2,216 per month.
Springfield Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
40, Springfield Road, Welling has 31 entries in the Land Registry , most recently in March 2020 and a single entry in the EPC database dated May 2019.
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 40, Springfield Road, Welling is in very good condition we estimate a sale value of £486,051 and a rental value of £2,327 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,503 and a rental value of £2,061 per month.
Over the last 12 months the sale value of 40 Springfield Road Welling has decreased by an estimated £4,738 (1.0%) and its rental value has increased by an estimated £101 per month (4.5%), giving an expected gross yield of 5.7%.
40, Springfield Road, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 May 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Springfield Road, Welling was last sold on 16th March 2020 for £400,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2020, the market for similar properties has risen 28.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Springfield Road, Welling within a radius of 470 metres over the last 2 years.
The most recent example is 7, New Road, Welling, DA16 1QJ, a freehold house which sold for £460,000 on the 21st March 2025.
Read more about house prices in DA16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, Welling, DA16 has a total of 58 addresses. According to our analysis of all the public data, 40, Springfield Road, Welling is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in DA16.
The nearest school is St Stephen's Catholic Primary School which is 442 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.
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