According to the public record, 18, Montrose Close, Welling is a mid-century freehold house with 1,431 ft2 of internal area and sits on a 455 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Montrose Close, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
18, Montrose Close, Welling has a single entry in the Land Registry database from July 2019 and a single entry in the EPC database dated September 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 18 Montrose Close Welling as £603,528 and the rental value as £2,449 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 18 Montrose Close Welling has decreased by £1,859 (0.3%) and its rental value has increased by £122 per month (5.0%).
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 18, Montrose Close, Welling is in very good condition we estimate a sale value of £633,704 and rental value of £2,571 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £561,281 and a rental value of £2,277 per month.
If you were able to purchase this property for the estimated value of £603,528, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,966 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, 18, Montrose Close, Welling sits on a plot of 455m2.
We have plot size data on 13 out of 21 other houses in the postcode and 18, Montrose Close, Welling sits on the 2nd largest plot.
According to HM Land Registry, 18, Montrose Close, Welling was last sold on 25 Jul 2019 for £550,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2019, the market for similar properties has risen 18.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Montrose Close, Welling within a radius of 510 metres over the last 2 years.
The most recent example is 3, Cornwall Avenue, Welling, DA16 2PR, a Freehold house which sold for £705,000 in Aug 2022.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Montrose Close, Welling, DA16 has a total of 21 addresses. According to our analysis of all the public data, 18, Montrose Close, Welling is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £155k more expensive than the average property in DA16.
18, Montrose Close, Welling has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Sep 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 18, Montrose Close, 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 18, Montrose Close, Welling, 39.6% of property is privately rented and 23.1% 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 18, Montrose Close, Welling, 17.9% of residents are recorded as possessing school level qualifications and 26.9% 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 18, Montrose Close, 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 18, Montrose Close, Welling, 1.0% 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 18, Montrose Close, Welling, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.