According to the public record, 1, Fairweather Close, Welling is a modern freehold house with 1,334 ft2 of internal area and sits on a 173 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Fairweather Close, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
1, Fairweather Close, Welling has a single entry in the Land Registry database from April 2016 and a single entry in the EPC database dated November 2014.
We combine this information with that 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 Fairweather Close Welling as £544,299 and the rental value as £2,334 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 1 Fairweather Close Welling has increased by £159 (0.0%) and its rental value has increased by £113 per month (4.8%).
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, Fairweather Close, Welling is in very good condition we estimate a sale value of £571,514 and rental value of £2,451 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £506,198 and a rental value of £2,171 per month.
If you were able to purchase this property for the estimated value of £544,299, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,675 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 data from HM Land Registry, 1, Fairweather Close, Welling sits on a plot of 173m2.
We have plot size data on 8 out of 8 other houses in the postcode and 1, Fairweather Close, Welling sits on the 2nd largest plot.
According to HM Land Registry, 1, Fairweather Close, Welling was last sold on 06 Apr 2016 for £435,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2016, the market for similar properties has risen 22.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Fairweather Close, Welling within a radius of 470 metres over the last 2 years.
The most recent example is 55, Sutherland Avenue, Welling, DA16 2NN, a Freehold house which sold for £482,000 in Dec 2020.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairweather Close, Welling, DA16 has a total of 8 addresses. According to our analysis of all the public data, 1, Fairweather Close, Welling is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £95k more expensive than the average property in DA16.
1, Fairweather Close, Welling has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Nov 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 1, Fairweather Close, Welling is Welling station which is 1.4 kilometres 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, Fairweather Close, Welling, 40.6% of property is privately owned with a mortgage and 24.6% 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, Fairweather Close, Welling, 24.7% of residents are recorded as possessing school level qualifications and 27.5% 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, Fairweather Close, Welling, the average age was 39.8 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, Fairweather Close, Welling, 0.7% 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, Fairweather Close, Welling, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.