Flat 3, Burns House
Flat 3, Burns House
Description & Estimates
Flat 3, Burns House, Welling is recorded publicly as a mid-century leasehold apartment across 635 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, Burns House, Welling is £249,217 and its rental estimate is £1,334 per month, given the available information and assuming reasonable condition.
Burns House, Axminster Crescent is a residential building on Axminster Crescent, Welling, DA16 and falls within the DA16 postal district and the borough of Bexley.
Our Data Sources
Flat 3, Burns House, Welling has 2 entries in the Land Registry , most recently in September 2016 and a single entry in the EPC database dated August 2021.
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
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 Flat 3, Burns House, Welling, we estimate a market value of £261,678 and a rental value of £1,401 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £231,772 and £1,241 per month respectively.
Recent Market Change
Over the last year, Flat 3, Burns House, Welling has seen its estimated sale value drop by £3,842 (1.5%) and its estimated rental value rise by £59 per month (4.4%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
Flat 3, Burns House, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Aug 2021.
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 Flat 3, Burns House, Welling completed on 14th September 2016 at £232,355 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 0.7% over the period since September 2016.
- Sold Sep 2016£232,355
- Sold Apr 2008£151,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, Burns House, Welling have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th November 2023, was Flat 5, Burns House, Axminster Crescent, Welling, DA16 1EY, a leasehold flat which sold for £240,000.
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 2019£247,500 | 2 Bed FlatBurns House, Axminster CrescentFlat 6, Burns House, Axminster Crescent, Welling, DA16 1EY
- Sold Jul 2018£248,000 | 2 Bed FlatBurns House, Axminster CrescentFlat 1, Burns House, Axminster Crescent, Welling, DA16 1EY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 196 addresses on Axminster Crescent, Welling, DA16, Flat 3, Burns House, Welling comes out as the 186th largest and the 187th most expensive in our analysis of the public data.
It is also £201k less expensive than the average property across the DA16 district.
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
From Flat 3, Burns House, Welling, the nearest station is Bexleyheath, 1.3 kilometres away.
- 1.3kmBexleyheath
- 1.5kmWelling
- 2.1kmAbbey Wood
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
