According to the public record, 14, Hook Lane, Welling is a mid-century leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 14, Hook Lane, Welling, DA16.
Hook Lane, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
14, Hook Lane, Welling has a single entry in the Land Registry database from October 2016 and a single entry in the EPC database dated February 2017.
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 14 Hook Lane Welling as £304,619 and the rental value as £1,425 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 14 Hook Lane Welling has increased by £3,453 (1.1%) and its rental value has increased by £94 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 14, Hook Lane, Welling is in very good condition we estimate a sale value of £319,850 and rental value of £1,496 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,296 and a rental value of £1,325 per month.
If you were able to purchase this property for the estimated value of £304,619, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,497 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, 14, Hook Lane, Welling was last sold on 07 Oct 2016 for £272,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2016, the market for similar properties has risen 9.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Hook Lane, Welling within a radius of 470 metres over the last 2 years.
The most recent example is 26A, Churchfield Road, Welling, DA16 2AA, a Leasehold flat which sold for £340,000 in Mar 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hook Lane, Welling, DA16 has a total of 237 addresses. According to our analysis of all the public data, 14, Hook Lane, Welling is the 179th largest and the 230th most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in DA16.
14, Hook Lane, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Feb 2017.
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 14, Hook Lane, Welling is Welling station which is 500 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 14, Hook Lane, Welling, 32.2% of property is privately rented and 31.7% 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 14, Hook Lane, Welling, 22.6% of residents are recorded as possessing school level qualifications and 35.5% 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 14, Hook 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 14, Hook Lane, Welling, 0.8% 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 14, Hook Lane, 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.