5 Point Apartments, Welling
5 Point Apartments, Welling
Description & Estimates
Public records show 5 Point Apartments, Welling to be a modern leasehold apartment with 731 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
5 Point Apartments, Welling has an estimated sale value of £371,918 and an estimated rental value of £1,703 per month, assuming reasonable condition and based on the information available.
The apartment sits within Point Apartments, Wickham Street, Welling, DA16.
Wickham Street, Welling, DA16 lies in the borough of Bexley, within the DA16 postal district.
Our Data Sources
5 Point Apartments, Welling has a single entry in the Land Registry from September 2015 and a single entry in the EPC database dated April 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 5 Point Apartments, Welling would be worth £390,514, with a potential rental value of £1,788 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £345,884, with a rental value of £1,584 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5 Point Apartments, Welling has dropped by £2,917 (0.8%) over the last year. During the same period, its estimated monthly rental value has risen by £68 (4.0%). The property's estimated gross yield is currently 5.5%.
Energy Efficiency
5 Point Apartments, Welling has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Apr 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
5 Point Apartments, Welling last changed hands on 30th September 2015, selling for £235,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 22.6% since September 2015.
- Sold Sep 2015£235,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 610 metres of 5 Point Apartments, Welling across the last 2 years.
Most recently, 6 Point Apartments, Wickham Street, Welling, DA16 3DA, a leasehold flat, sold at £280,000 on the 29th January 2016.
Read more about house prices in DA16.
- Sold Jan 2016£280,000 | 2 Bed FlatWickham Street6 Point Apartments, Wickham Street, Welling, DA16 3DA
- Sold Aug 2015£235,500 | 2 Bed FlatWickham Street8 Point Apartments, Wickham Street, Welling, DA16 3DA
- Sold Aug 2015£280,000 | 2 Bed FlatWickham Street9 Point Apartments, Wickham Street, Welling, DA16 3DA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 5 Point Apartments, Welling as the 252nd largest and the 230th most expensive of the 348 addresses on Wickham Street, Welling, DA16.
Against the DA16 postcode district average, it is £79k less expensive than the typical property.
More reading links
Schools Nearby
- 400mEast Wickham Primary Academy
- 900mSt Stephen's Catholic Primary School
- 900mHillsgrove Primary School
- 700mWelling School
- 1.7kmBexley Grammar School
- 1.9kmPlumstead Manor School
More reading links
Public Transport Nearby
Welling station is the nearest stop to 5 Point Apartments, Welling at 900 metres away.
- 900mWelling
- 2.1kmBexleyheath
- 2.3kmAbbey Wood
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
