According to the public record, 15, Norfolk Place, Welling is a mid-century freehold house with 807 ft2 of internal area and sits on a 219 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Norfolk Place, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
15, Norfolk Place, Welling has a single entry in the Land Registry database from April 2021 and a single entry in the EPC database dated November 2020.
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 15 Norfolk Place Welling as £411,383 and the rental value as £1,906 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 15 Norfolk Place Welling has increased by £4,581 (1.1%) and its rental value has increased by £126 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 15, Norfolk Place, Welling is in very good condition we estimate a sale value of £431,953 and rental value of £2,001 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,587 and a rental value of £1,772 per month.
If you were able to purchase this property for the estimated value of £411,383, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,022 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, 15, Norfolk Place, Welling sits on a plot of 219m2.
We have plot size data on 13 out of 24 other houses in the postcode and 15, Norfolk Place, Welling sits on the 11th largest plot.
According to HM Land Registry, 15, Norfolk Place, Welling was last sold on 08 Apr 2021 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has risen 7.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Norfolk Place, Welling within a radius of 510 metres over the last 2 years.
The most recent example is 76, Lovel Avenue, Welling, DA16 3JG, a Freehold house which sold for £467,250 in Jan 2022.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norfolk Place, Welling, DA16 has a total of 24 addresses. According to our analysis of all the public data, 15, Norfolk Place, Welling is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in DA16.
15, Norfolk Place, Welling has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 05 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric heaters.
The closest station to 15, Norfolk Place, Welling is Welling station which is 200 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 15, Norfolk Place, Welling, 32.5% of property is socially rented and 31.7% 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 15, Norfolk Place, Welling, 18.7% of residents are recorded as possessing school level qualifications and 23.3% 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 15, Norfolk Place, Welling, the average age was 40 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 15, Norfolk Place, Welling, 0.7% 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 15, Norfolk Place, Welling, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.