According to the public record, 18, Oxleas Close, Welling is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,149 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Oxleas Close, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
18, Oxleas Close, Welling has a single entry in the Land Registry database from February 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 18 Oxleas Close Welling as £575,148 and the rental value as £2,307 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 18 Oxleas Close Welling has decreased by £2,578 (0.4%) and its rental value has increased by £106 per month (4.6%).
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 18, Oxleas Close, Welling is in very good condition we estimate a sale value of £603,905 and rental value of £2,422 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £534,888 and a rental value of £2,145 per month.
If you were able to purchase this property for the estimated value of £575,148, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,827 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, 18, Oxleas Close, Welling was last sold on 28 Feb 2006 for £295,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Oxleas Close, Welling within a radius of 840 metres over the last 2 years.
The most recent example is 393, Bellegrove Road, Welling, DA16 3RN, a Freehold house which sold for £490,000 in Nov 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oxleas Close, Welling, DA16 has a total of 23 addresses. According to our analysis of all the public data, 18, Oxleas Close, Welling is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £126k more expensive than the average property in DA16.
The closest station to 18, Oxleas Close, Welling is Falconwood 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 18, Oxleas Close, Welling, 47.0% of property is privately owned with a mortgage and 44.4% 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, Oxleas Close, Welling, 17.7% 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 18, Oxleas Close, Welling, the average age was 39.9 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, Oxleas Close, Welling, 0.9% 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, Oxleas Close, 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.