According to the public record, 11 Point Apartments, Welling is a modern apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Point Apartments, Wickham Street, Welling, DA16.
Wickham Street, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
11 Point Apartments, Welling has no records in the Land Registry database and a single entry in the EPC database dated April 2015.
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 Point Apartments Welling as £316,596 and the rental value as £1,434 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 11 Point Apartments Welling has decreased by £1,226 (0.4%) and its rental value has increased by £70 per month (4.9%).
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 Point Apartments, Welling is in very good condition we estimate a sale value of £332,426 and rental value of £1,506 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,435 and a rental value of £1,334 per month.
If you were able to purchase this property for the estimated value of £316,596, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,556 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 11 Point Apartments, Welling within a radius of 610 metres over the last 2 years.
The most recent example is 4 Point Apartments, Wickham Street, Welling, DA16 3DA, a Leasehold flat which sold for £310,000 in Jan 2022.
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 Point Apartments, Welling is the 309th largest and the 243rd most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in DA16.
11 Point Apartments, Welling has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Apr 2015.
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 11 Point Apartments, Welling is Welling station which is 800 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 Point Apartments, Welling, 41.0% of property is privately owned with a mortgage and 38.1% 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 Point Apartments, Welling, 18.1% of residents are recorded as possessing school level qualifications and 32.5% 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 11 Point Apartments, 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 Point Apartments, Welling, 1.1% 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 Point Apartments, 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.