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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, 16A, Welling Way, Welling is a mid-century apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16A, Welling Way, Welling is £273,327 and the estimated rental value is £1,394 per month.
The apartment is within 16, Welling Way, Welling, DA16.
Welling Way, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
16A, Welling Way, Welling has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
We combine this information with public data of neighbouring properties to estimate the property 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 16A, Welling Way, Welling is in very good condition we estimate a sale value of £286,994 and a rental value of £1,464 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,195 and a rental value of £1,297 per month.
Over the last 12 months the sale value of 16A Welling Way Welling has decreased by an estimated £2,729 (1.0%) and its rental value has increased by an estimated £68 per month (4.9%), giving an expected gross yield of 6.1%.
16A, Welling Way, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16A, Welling Way, Welling within a radius of 520 metres over the last 2 years.
The most recent example is 220, Bellegrove Road, Welling, DA16 3RT, a leasehold flat which sold for £325,000 on the 10th February 2023.
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, 16A, Welling Way, Welling is the 204th largest and the 203rd most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in DA16.
The nearest school is Bishop Ridley Church of England VA Primary School which is 619 metres away. The nearest train station is Welling which is 600 metres away.
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