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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
According to the public record, 2B, Lulworth Road, Welling is a mid-century leasehold apartment with 581 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 2B, Lulworth Road, Welling is £283,969 and the estimated rental value is £1,290 per month.
The apartment is within 2, Lulworth Road, Welling, DA16.
Lulworth Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
2B, Lulworth Road, Welling has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated August 2020.
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 2B, Lulworth Road, Welling is in very good condition we estimate a sale value of £298,167 and a rental value of £1,355 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,091 and a rental value of £1,200 per month.
Over the last 12 months the sale value of 2B Lulworth Road Welling has decreased by an estimated £4,378 (1.5%) and its rental value has increased by an estimated £57 per month (4.4%), giving an expected gross yield of 5.5%.
2B, Lulworth Road, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2020.
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, 2B, Lulworth Road, Welling was last sold on 12th January 2022 for £283,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2022, the market for similar properties has dropped 16.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2B, Lulworth Road, Welling within a radius of 490 metres over the last 2 years.
The most recent example is 166, Bellegrove Road, Welling, DA16 3RD, a leasehold flat which sold for £313,000 on the 18th November 2022.
Read more about house prices in DA16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lulworth Road, Welling, DA16 has a total of 58 addresses. According to our analysis of all the public data, 2B, Lulworth Road, Welling is the 57th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in DA16.
The nearest school is East Wickham Primary Academy which is 500 metres away. The nearest train station is Welling which is 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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