According to the public record, 11, Merlin Road North, Welling is a early-century house with 602 ft2 of internal area and sits on a 277 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Merlin Road North, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
11, Merlin Road North, Welling has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2019.
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 11 Merlin Road North Welling as £338,235 and the rental value as £1,586 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 11 Merlin Road North Welling has increased by £6,682 (2.0%) and its rental value has increased by £118 per month (7.5%).
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, Merlin Road North, Welling is in very good condition we estimate a sale value of £355,147 and rental value of £1,666 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,559 and a rental value of £1,475 per month.
If you were able to purchase this property for the estimated value of £338,235, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,662 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, 11, Merlin Road North, Welling sits on a plot of 277m2.
We have plot size data on 3 out of 8 other houses in the postcode and 11, Merlin Road North, Welling sits on the largest plot.
According to HM Land Registry, 11, Merlin Road North, Welling was last sold on 18 May 2000 for £120,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Merlin Road North, Welling within a radius of 490 metres over the last 2 years.
The most recent example is 31, Hook Lane, Welling, DA16 2DW, a Freehold house which sold for £410,000 in Nov 2022.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merlin Road North, Welling, DA16 has a total of 40 addresses. According to our analysis of all the public data, 11, Merlin Road North, Welling is the 38th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in DA16.
11, Merlin Road North, Welling has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Mar 2019.
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, Merlin Road North, Welling is Welling station which is 600 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, Merlin Road North, Welling, 48.8% 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 11, Merlin Road North, Welling, 18.2% of residents are recorded as possessing school level qualifications and 32.4% 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, Merlin Road North, Welling, the average age was 40.1 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, Merlin Road North, Welling, 1.3% 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, Merlin Road North, Welling, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.