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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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50, Lyme Road, Welling is recorded publicly as an early-century freehold house across 592 ft2 of internal area, sitting on a 186 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 50, Lyme Road, Welling is £366,407 and its rental estimate is £1,678 per month, given the available information and assuming reasonable condition.
Lyme Road, Welling, DA16 falls within the DA16 postal district, in the borough of Bexley.
50, Lyme Road, Welling has 31 entries in the Land Registry , most recently in July 2020 and a single entry in the EPC database dated April 2017.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 50, Lyme Road, Welling, we estimate a market value of £384,727 and a rental value of £1,762 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £340,759 and £1,561 per month respectively.
Over the last year, 50, Lyme Road, Welling has seen its estimated sale value rise by £4,653 (1.3%) and its estimated rental value move up by £99 per month (5.9%). This results in an estimated gross rental yield of 5.5%.
HM Land Registry records the plot of land for 50, Lyme Road, Welling as measuring 186 m2.
That makes it the 2nd largest plot in the postcode, where all 18 other houses have recorded plot data.
50, Lyme Road, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 50, Lyme Road, Welling completed on 1st July 2020 at £351,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 14.5% over the period since July 2020.
Over the past 2 years 3 properties similar to 50, Lyme Road, Welling have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st October 2024, was 28, Lyme Road, Welling, DA16 1RJ, a freehold house which sold for £409,000.
Read more about house prices in DA16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 82 addresses on Lyme Road, Welling, DA16, 50, Lyme Road, Welling comes out as the 82nd largest and the 77th most expensive in our analysis of the public data.
It is also £84k less expensive than the average property across the DA16 district.
From 50, Lyme Road, Welling, the nearest station is Welling, 1.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 50, Lyme Road, Welling, 52.2% of property is privately owned with a mortgage and 38.8% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 50, Lyme Road, Welling, 22.2% of residents are recorded as possessing school level qualifications and 28.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 50, Lyme Road, Welling, the average age was 40 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 50, Lyme Road, Welling, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 50, Lyme Road, Welling, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
