Flat 1, Burns House
Flat 1, Burns House
Description & Estimates
According to the public record, Flat 1, Burns House, Welling is a mid-century leasehold apartment with 635 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 Flat 1, Burns House, Welling is £249,217 and the estimated rental value is £1,334 per month.
The apartment is within Burns House, Axminster Crescent, Welling, DA16.
Axminster Crescent, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
Our Data Sources
Flat 1, Burns House, Welling has 31 entries in the Land Registry , most recently in December 2014 and a single entry in the EPC database dated June 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 Flat 1, Burns House, Welling is in very good condition we estimate a sale value of £261,678 and a rental value of £1,401 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,772 and a rental value of £1,241 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, Burns House, Welling has declined by £3,842 (1.5%), while its estimated rental value has climbed by £59 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 6.4%.
Energy Efficiency
Flat 1, Burns House, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jun 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 1, Burns House, Welling was last sold on 12th December 2014 for £164,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2014, the market for similar properties has risen by 26.1%.
- Sold Dec 2014£164,000
- Sold May 2007£157,000
- Sold Nov 2003£125,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Burns House, Welling within a radius of 470 metres over the last 2 years.
The most recent example is Flat 5, Burns House, Axminster Crescent, Welling, DA16 1EY, a leasehold flat which sold for £240,000 on the 16th November 2023.
Read more about house prices in DA16.
- Sold Nov 2023£240,000 | 2 Bed FlatBurns House, Axminster CrescentFlat 5, Burns House, Axminster Crescent, Welling, DA16 1EY
- Sold Mar 2020£252,500 | 2 Bed FlatBurns House, Axminster CrescentFlat 3, Burns House, Axminster Crescent, Welling, DA16 1EY
- Sold Mar 2019£247,500 | 2 Bed FlatBurns House, Axminster CrescentFlat 6, Burns House, Axminster Crescent, Welling, DA16 1EY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Axminster Crescent, Welling, DA16 has a total of 196 addresses. According to our analysis of all the public data, Flat 1, Burns House, Welling is the 187th largest and the 188th most expensive property on the street.
When compared to the postcode district it is £201k less expensive than the average property in DA16.
More reading links
Schools Nearby
- 300mSt Michael's East Wickham Church of England Primary School
- 400mHillsgrove Primary School
- 700mBrampton Primary Academy
- 600mWelling School
- 2.0kmBexley Grammar School
- 2.3kmLift Bexleyheath
More reading links
Public Transport Nearby
The closest station to Flat 1, Burns House, Welling is Bexleyheath station, which is 1.3 kilometres away.
- 1.3kmBexleyheath
- 1.5kmWelling
- 2.1kmAbbey Wood
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
