According to the public record, 148, Westwood Lane, Welling is a early-century freehold house with 979 ft2 of internal area and sits on a 417 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Westwood Lane, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
148, Westwood Lane, Welling has 21 entries in the Land Registry database, most recently in May 2013 and a single entry in the EPC database dated February 2013.
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 148 Westwood Lane Welling as £497,321 and the rental value as £2,048 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 148 Westwood Lane Welling has increased by £3,020 (0.6%) and its rental value has increased by £120 per month (5.9%).
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 148, Westwood Lane, Welling is in very good condition we estimate a sale value of £522,187 and rental value of £2,151 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £462,509 and a rental value of £1,905 per month.
If you were able to purchase this property for the estimated value of £497,321, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,444 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, 148, Westwood Lane, Welling sits on a plot of 417m2.
We have plot size data on 8 out of 20 other houses in the postcode and 148, Westwood Lane, Welling sits on the 3rd largest plot.
According to HM Land Registry, 148, Westwood Lane, Welling was last sold on 29 May 2013 for £285,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2013, the market for similar properties has risen 84.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 148, Westwood Lane, Welling within a radius of 480 metres over the last 2 years.
The most recent example is 187, Hook Lane, Welling, DA16 2NX, a Freehold house which sold for £470,000 in Jul 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, 148, Westwood Lane, Welling is the 145th largest and the 101st most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in DA16.
148, Westwood Lane, Welling has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Feb 2013.
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 148, Westwood Lane, 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 148, Westwood Lane, Welling, 52.5% of property is privately owned with a mortgage and 37.6% 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 148, Westwood Lane, Welling, 19.2% of residents are recorded as possessing school level qualifications and 30.9% 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 148, 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 148, Westwood Lane, Welling, 0.3% 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 148, Westwood Lane, Welling, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.