According to the public record, 11 Elmfield Court, Welling is a mid-century leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Elmfield Court, Wickham Street, Welling, DA16.
Wickham Street, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
11 Elmfield Court, Welling has 21 entries in the Land Registry database, most recently in June 2007 and a single entry in the EPC database dated December 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 11 Elmfield Court Welling as £287,921 and the rental value as £1,478 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 11 Elmfield Court Welling has increased by £3,454 (1.2%) and its rental value has increased by £97 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 11 Elmfield Court, Welling is in very good condition we estimate a sale value of £302,317 and rental value of £1,552 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,767 and a rental value of £1,375 per month.
If you were able to purchase this property for the estimated value of £287,921, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,415 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 HM Land Registry, 11 Elmfield Court, Welling was last sold on 12 Jun 2007 for £175,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2007, the market for similar properties has risen 64.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11 Elmfield Court, Welling within a radius of 570 metres over the last 2 years.
The most recent example is 5 Elmfield Court, Wickham Street, Welling, DA16 3DF, a Leasehold flat which sold for £325,000 in Jul 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wickham Street, Welling, DA16 has a total of 348 addresses. According to our analysis of all the public data, 11 Elmfield Court, Welling is the 191st largest and the 279th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in DA16.
11 Elmfield Court, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Dec 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 11 Elmfield Court, 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 11 Elmfield Court, Welling, 31.6% of property is privately owned with a mortgage and 29.8% is privately rented.
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 11 Elmfield Court, Welling, 17.7% 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 11 Elmfield Court, Welling, the average age was 40.9 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 11 Elmfield Court, 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 11 Elmfield Court, Welling, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.