According to the public record, 103, Farnham Road, Welling is a early-century freehold house with 1,194 ft2 of internal area and sits on a 276 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Farnham Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
103, Farnham Road, Welling has 2 entries in the Land Registry database, most recently in December 2018 and a single entry in the EPC database dated August 2016.
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 103 Farnham Road Welling as £593,117 and the rental value as £2,256 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 103 Farnham Road Welling has decreased by £1,777 (0.3%) and its rental value has increased by £109 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 103, Farnham Road, Welling is in very good condition we estimate a sale value of £622,773 and rental value of £2,369 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £551,599 and a rental value of £2,098 per month.
If you were able to purchase this property for the estimated value of £593,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,915 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, 103, Farnham Road, Welling sits on a plot of 276m2.
We have plot size data on 27 out of 52 other houses in the postcode and 103, Farnham Road, Welling sits on the largest plot.
According to HM Land Registry, 103, Farnham Road, Welling was last sold on 07 Dec 2018 for £480,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2018, the market for similar properties has risen 18.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 103, Farnham Road, Welling within a radius of 490 metres over the last 2 years.
The most recent example is 8, Selsey Crescent, Welling, DA16 1EP, a Freehold house which sold for £585,000 in Apr 2024.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farnham Road, Welling, DA16 has a total of 104 addresses. According to our analysis of all the public data, 103, Farnham Road, Welling is the 54th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in DA16.
103, Farnham Road, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2016.
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 103, Farnham Road, Welling is Bexleyheath station which is 1.0 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 103, Farnham Road, Welling, 52.6% of property is privately owned with a mortgage and 40.0% 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 103, Farnham Road, Welling, 24.4% of residents are recorded as possessing school level qualifications and 30.3% 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 103, Farnham Road, 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 103, Farnham Road, 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 103, Farnham Road, Welling, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.