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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, 5, Somerset Avenue, Welling is a early-century freehold house with 1,033 ft2 of internal area and sits on a 179 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Somerset Avenue, Welling is £474,273 and the estimated rental value is £2,137 per month.
Somerset Avenue, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
5, Somerset Avenue, Welling has 2 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated September 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 5, Somerset Avenue, Welling is in very good condition we estimate a sale value of £497,987 and a rental value of £2,244 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £441,074 and a rental value of £1,988 per month.
Over the last 12 months the sale value of 5 Somerset Avenue Welling has increased by an estimated £1,970 (0.4%) and its rental value has increased by an estimated £112 per month (5.2%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 5, Somerset Avenue, Welling sits on a plot of 179m2.
We have plot size data on 45 out of 47 other houses in the postcode and 5, Somerset Avenue, Welling sits on the 35th largest plot.
5, Somerset Avenue, Welling has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Sep 2015.
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, 5, Somerset Avenue, Welling was last sold on 27th September 2021 for £438,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2021, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Somerset Avenue, Welling within a radius of 480 metres over the last 2 years.
The most recent example is 135, Yorkland Avenue, Welling, DA16 2LQ, a freehold house which sold for £485,000 on the 14th July 2023.
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, 5, Somerset Avenue, Welling is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £24k 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.
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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