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According to the public record, 86, Merlin Road, Welling is a early-century freehold house with 1,453 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 86, Merlin Road, Welling is £574,813 and the estimated rental value is £2,447 per month.
Merlin Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
86, Merlin Road, Welling has 31 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated February 2018.
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.
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 86, Merlin Road, Welling is in very good condition we estimate a sale value of £603,553 and a rental value of £2,569 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £534,576 and a rental value of £2,276 per month.
Over the last 12 months the sale value of 86 Merlin Road Welling has decreased by an estimated £5,883 (1.0%) and its rental value has increased by an estimated £111 per month (4.5%), giving an expected gross yield of 5.1%.
86, Merlin Road, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 86, Merlin Road, Welling was last sold on 20th September 2024 for £571,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2024, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 86, Merlin Road, Welling within a radius of 550 metres over the last 2 years.
The most recent example is 28, Cowper Close, Welling, DA16 2JT, a freehold house which sold for £530,000 on the 31st October 2023.
Read more about house prices in DA16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merlin Road, Welling, DA16 has a total of 109 addresses. According to our analysis of all the public data, 86, Merlin Road, Welling is the 2nd largest and the 8th most expensive property on the street.
When compared to the postcode district it is £125k more expensive than the average property in DA16.
The nearest school is Bexley Grammar School which is 145 metres away. The nearest train station is Welling which is 1.1 kilometres away.
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