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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, 8, Groombridge Close, Welling is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 840 ft2 of internal area and sits on a 256 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Groombridge Close, Welling is £401,124 and the estimated rental value is £1,929 per month.
Groombridge Close, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
8, Groombridge Close, Welling has 21 entries in the Land Registry , most recently in August 2012 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 4 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 8, Groombridge Close, Welling is in very good condition we estimate a sale value of £421,180 and a rental value of £2,026 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,045 and a rental value of £1,794 per month.
Over the last 12 months the sale value of 8 Groombridge Close Welling has increased by an estimated £2,476 (0.6%) and its rental value has increased by an estimated £109 per month (5.6%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 8, Groombridge Close, Welling sits on a plot of 256m2.
We have plot size data on 24 out of 34 other houses in the postcode and 8, Groombridge Close, Welling sits on the 7th largest plot.
According to HM Land Registry, 8, Groombridge Close, Welling was last sold on 10th August 2012 for £182,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2012, the market for similar properties has risen 116.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Groombridge Close, Welling within a radius of 480 metres over the last 2 years.
The most recent example is 53, Groombridge Close, Welling, DA16 2BP, a freehold house which sold for £370,000 on the 29th October 2024.
Read more about house prices in DA16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Groombridge Close, Welling, DA16 has a total of 71 addresses. According to our analysis of all the public data, 8, Groombridge Close, Welling is the 51st largest and the 34th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in DA16.
The nearest school is Bexley Grammar School which is 424 metres away. The nearest train station is Welling which is 1.4 kilometres away.
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