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Company No. 11113204
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According to the public record, 51B, Lyme Road, Welling is a early-century leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 51B, Lyme Road, Welling is £324,229 and the estimated rental value is £1,677 per month.
The apartment is within 51, Lyme Road, Welling, DA16.
Lyme Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
51B, Lyme Road, Welling has 91 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated March 2019.
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 51B, Lyme Road, Welling is in very good condition we estimate a sale value of £340,441 and a rental value of £1,761 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,533 and a rental value of £1,560 per month.
Over the last 12 months the sale value of 51B Lyme Road Welling has decreased by an estimated £2,929 (0.9%) and its rental value has increased by an estimated £63 per month (3.8%), giving an expected gross yield of 6.2%.
51B, Lyme Road, Welling has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 2019.
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, 51B, Lyme Road, Welling was last sold on 31st October 2022 for £355,000 and was recorded as a leasehold flat.
The property has had 9 sales since 1995.
Since October 2022, the market for similar properties has dropped 10.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51B, Lyme Road, Welling within a radius of 490 metres over the last 2 years.
The most recent example is 5 Elmfield Court, Wickham Street, Welling, DA16 3DF, a leasehold flat which sold for £325,000 on the 28th July 2023.
Read more about house prices in DA16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lyme Road, Welling, DA16 has a total of 82 addresses. According to our analysis of all the public data, 51B, Lyme Road, Welling is the 30th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in DA16.
The nearest school is Welling School which is 300 metres away. The nearest train station is Welling which is 1.1 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
