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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, 7, Welling Way, Welling is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 662 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Welling Way, Welling is £300,726 and the estimated rental value is £1,534 per month.
The apartment is within 7, Welling Way, Welling, DA16.
Welling Way, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
7, Welling Way, Welling has a single entry in the Land Registry from December 2009 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 3 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 7, Welling Way, Welling is in very good condition we estimate a sale value of £315,763 and a rental value of £1,611 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,675 and a rental value of £1,427 per month.
Over the last 12 months the sale value of 7 Welling Way Welling has decreased by an estimated £5,163 (1.7%) and its rental value has increased by an estimated £56 per month (3.7%), giving an expected gross yield of 6.1%.
According to HM Land Registry, 7, Welling Way, Welling was last sold on 18th December 2009 for £165,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2009, the market for similar properties has risen 55.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Welling Way, Welling within a radius of 510 metres over the last 2 years.
The most recent example is 206, Bellegrove Road, Welling, DA16 3RT, a leasehold flat which sold for £335,000 on the 8th August 2024.
Read more about house prices in DA16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welling Way, Welling, DA16 has a total of 209 addresses. According to our analysis of all the public data, 7, Welling Way, Welling is the 182nd largest and the 177th most expensive property on the street.
When compared to the postcode district it is £149k less expensive than the average property in DA16.
The nearest school is Bishop Ridley Church of England VA Primary School which is 610 metres away. The nearest train station is Welling which is 600 metres away.
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