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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, 48, Springfield Road, Welling is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,207 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Springfield Road, Welling is £465,601 and the estimated rental value is £2,225 per month.
Springfield Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
48, Springfield Road, Welling has 31 entries in the Land Registry , most recently in August 2016 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 48, Springfield Road, Welling is in very good condition we estimate a sale value of £488,881 and a rental value of £2,336 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £433,009 and a rental value of £2,069 per month.
Over the last 12 months the sale value of 48 Springfield Road Welling has decreased by an estimated £4,765 (1.0%) and its rental value has increased by an estimated £101 per month (4.5%), giving an expected gross yield of 5.7%.
According to HM Land Registry, 48, Springfield Road, Welling was last sold on 5th August 2016 for £390,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2016, the market for similar properties has risen 36.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, 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, 48, Springfield Road, Welling is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £16k 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.
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