According to the public record, 112, Westwood Lane, Welling is a early-century freehold house with 1,334 ft2 of internal area and sits on a 427 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Westwood Lane, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
112, Westwood Lane, Welling has a single entry in the Land Registry database from January 2023 and a single entry in the EPC database dated October 2022.
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 112 Westwood Lane Welling as £569,111 and the rental value as £2,373 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 112 Westwood Lane Welling has decreased by £2,487 (0.4%) and its rental value has increased by £114 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 112, Westwood Lane, Welling is in very good condition we estimate a sale value of £597,566 and rental value of £2,491 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £529,273 and a rental value of £2,207 per month.
If you were able to purchase this property for the estimated value of £569,111, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,797 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, 112, Westwood Lane, Welling sits on a plot of 427m2.
We have plot size data on 22 out of 43 other houses in the postcode and 112, Westwood Lane, Welling sits on the 9th largest plot.
According to HM Land Registry, 112, Westwood Lane, Welling was last sold on 24 Jan 2023 for £550,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 112, Westwood Lane, Welling within a radius of 490 metres over the last 2 years.
The most recent example is 13, Buckingham Avenue, Welling, DA16 2LY, a Freehold house which sold for £565,000 in Dec 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westwood Lane, Welling, DA16 has a total of 265 addresses. According to our analysis of all the public data, 112, Westwood Lane, Welling is the 45th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £120k more expensive than the average property in DA16.
112, Westwood Lane, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Oct 2022.
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 112, Westwood Lane, Welling is Welling station which is 700 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 112, Westwood Lane, Welling, 53.8% of property is privately owned outright and 41.2% is privately owned with a mortgage.
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 112, Westwood Lane, Welling, 14.2% of residents are recorded as possessing school level qualifications and 25.0% 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 112, Westwood Lane, 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 112, Westwood Lane, Welling, 1.4% 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 112, Westwood Lane, Welling, there are an average of 1.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.