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Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 9A, Falconwood Parade, Welling is £241,195 and the estimated rental value is £1,492 per month.
Falconwood Parade, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
9A, Falconwood Parade, Welling has 41 entries in the Land Registry , most recently in March 2007 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 9A, Falconwood Parade, Welling is in very good condition we estimate a sale value of £253,255 and a rental value of £1,566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,312 and a rental value of £1,387 per month.
Over the last 12 months the sale value of 9A Falconwood Parade Welling has decreased by an estimated £2,788 (1.2%) and its rental value has increased by an estimated £55 per month (3.7%), giving an expected gross yield of 7.4%.
9A, Falconwood Parade, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 May 2022.
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, 9A, Falconwood Parade, Welling was last sold on 9th March 2007 for £150,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since March 2007, the market for similar properties has risen 73.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9A, Falconwood Parade, Welling within a radius of 490 metres over the last 2 years.
The most recent example is 14A, Falconwood Parade, Welling, DA16 2PL, a leasehold flat which sold for £430,000 on the 25th September 2023.
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, 9A, Falconwood Parade, Welling is the 11th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £209k less expensive than the average property in DA16.
The nearest school is Harris Academy Falconwood which is 400 metres away. The nearest train station is Welling which is 1.0 kilometres away.
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