150B, Wellmeadow Road
150B, Wellmeadow Road
Description & Estimates
150B, Wellmeadow Road is recorded publicly as a period leasehold apartment across 441 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 150B, Wellmeadow Road is £325,483 and its rental estimate is £1,486 per month, given the available information and assuming reasonable condition.
150, Wellmeadow Road is a residential building on Wellmeadow Road, London, SE6 and falls within the SE6 postal district and the London Borough of Lewisham.
Our Data Sources
150B, Wellmeadow Road has 51 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated December 2023.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 150B, Wellmeadow Road, we estimate a market value of £341,757 and a rental value of £1,560 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £302,699 and £1,382 per month respectively.
Recent Market Change
Over the last year, 150B, Wellmeadow Road has seen its estimated sale value climb by £1,663 (0.5%) and its estimated rental value rise by £83 per month (5.6%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
150B, Wellmeadow Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Dec 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 150B, Wellmeadow Road completed on 14th June 2024 at £350,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 14.5% over the period since June 2024.
- Sold Jun 2024£350,000
- Sold Aug 2016£290,000
- Sold Nov 2009£142,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 150B, Wellmeadow Road have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st February 2024, was Flat C, 129, Wellmeadow Road, London, SE6 1HN, a leasehold flat which sold for £300,000.
Read more about house prices in SE6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 255 addresses on Wellmeadow Road, London, SE6, 150B, Wellmeadow Road comes out as the 215th largest and the 185th most expensive in our analysis of the public data.
It is also £124k less expensive than the average property across the SE6 district.
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Schools Nearby
- 300mSandhurst Primary School
- 600mTorridon Primary School
- 800mForster Park Primary School
- 1.2kmConisborough College
- 1.6kmBonus Pastor Catholic College
- 1.7kmHaberdashers' Knights Academy
More reading links
Public Transport Nearby
From 150B, Wellmeadow Road, the nearest station is Lee (London), 1.2 kilometres away.
- 1.2kmLee (London)
- 1.3kmHither Green
- 1.8kmBellingham
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
