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According to the public record, 24A, Falconwood Parade, Welling is a early-century leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 24A, Falconwood Parade, Welling is £207,313 and the estimated rental value is £1,049 per month.
The apartment is within 24, Falconwood Parade, Welling, DA16.
Falconwood Parade, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
24A, Falconwood Parade, Welling has 31 entries in the Land Registry , most recently in January 2012 and a single entry in the EPC database dated December 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 24A, Falconwood Parade, Welling is in very good condition we estimate a sale value of £217,678 and a rental value of £1,102 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,801 and a rental value of £976 per month.
Over the last 12 months the sale value of 24A Falconwood Parade Welling has decreased by an estimated £602 (0.3%) and its rental value has increased by an estimated £46 per month (4.4%), giving an expected gross yield of 6.1%.
24A, Falconwood Parade, Welling has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Dec 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, 24A, Falconwood Parade, Welling was last sold on 11th January 2012 for £156,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2012, the market for similar properties has risen 77.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 24A, Falconwood Parade, Welling within a radius of 500 metres over the last 2 years.
The most recent example is 27, Falconwood Parade, Welling, DA16 2PG, a leasehold flat which sold for £1,000 on the 1st February 2018.
Read more about house prices in DA16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falconwood Parade, Welling, DA16 has a total of 39 addresses. According to our analysis of all the public data, 24A, Falconwood Parade, Welling is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £243k less expensive than the average property in DA16.
The nearest school is Harris Academy Falconwood which is 300 metres away. The nearest train station is Falconwood which is 1.0 kilometres away.
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