According to the public record, 1, Bruce Close, Welling is a mid-century apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Bruce Close, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
1, Bruce Close, Welling has no records in the Land Registry database and a single entry in the EPC database dated July 2012.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Bruce Close Welling as £249,729 and the rental value as £1,324 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 1 Bruce Close Welling has increased by £2,912 (1.2%) and its rental value has increased by £87 per month (6.6%).
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 1, Bruce Close, Welling is in very good condition we estimate a sale value of £262,216 and rental value of £1,390 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,248 and a rental value of £1,231 per month.
If you were able to purchase this property for the estimated value of £249,729, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,227 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Bruce Close, Welling within a radius of 480 metres over the last 2 years.
The most recent example is 2, Chalkstone Close, Welling, DA16 3DJ, a Leasehold flat which sold for £245,000 in Apr 2022.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bruce Close, Welling, DA16 has a total of 63 addresses. According to our analysis of all the public data, 1, Bruce Close, Welling is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £199k less expensive than the average property in DA16.
1, Bruce Close, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jul 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Bruce Close, Welling is Welling station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Bruce Close, Welling, 39.2% of property is socially rented and 26.7% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Bruce Close, Welling, 14.6% of residents are recorded as possessing school level qualifications and 25.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Bruce Close, Welling, the average age was 40 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Bruce Close, Welling, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Bruce Close, Welling, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.