According to the public record, 197, Westwood Lane, Welling is a early-century freehold house with 1,376 ft2 of internal area and sits on a 273 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Westwood Lane, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
197, Westwood Lane, Welling has 21 entries in the Land Registry database, most recently in May 2016 and a single entry in the EPC database dated March 2012.
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 197 Westwood Lane Welling as £591,979 and the rental value as £2,387 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 197 Westwood Lane Welling has decreased by £1,445 (0.2%) and its rental value has increased by £119 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 197, Westwood Lane, Welling is in very good condition we estimate a sale value of £621,578 and rental value of £2,506 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £550,540 and a rental value of £2,220 per month.
If you were able to purchase this property for the estimated value of £591,979, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,909 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, 197, Westwood Lane, Welling sits on a plot of 273m2.
We have plot size data on 11 out of 20 other houses in the postcode and 197, Westwood Lane, Welling sits on the 6th largest plot.
According to HM Land Registry, 197, Westwood Lane, Welling was last sold on 18 May 2016 for £475,670 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2016, the market for similar properties has risen 22.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 197, Westwood Lane, Welling within a radius of 490 metres over the last 2 years.
The most recent example is 95, Merlin Road, Welling, DA16 2JL, a Freehold house which sold for £655,000 in Oct 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, 197, Westwood Lane, Welling is the 36th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £143k more expensive than the average property in DA16.
197, Westwood Lane, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Mar 2012.
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 197, Westwood Lane, Welling is Welling station which is 1.0 kilometres 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 197, Westwood Lane, Welling, 48.8% of property is privately owned with a mortgage and 45.0% 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 197, Westwood Lane, Welling, 18.0% of residents are recorded as possessing school level qualifications and 28.2% 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 197, 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 197, Westwood Lane, Welling, 0.6% 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 197, 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.