According to the public record, 22, Cornwall Avenue, Welling is a early-century freehold house with 1,108 ft2 of internal area and sits on a 341 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cornwall Avenue, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
22, Cornwall Avenue, Welling has 3 entries in the Land Registry database, most recently in February 2020 and a single entry in the EPC database dated April 2014.
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 22 Cornwall Avenue Welling as £540,671 and the rental value as £2,179 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 22 Cornwall Avenue Welling has decreased by £2,362 (0.4%) and its rental value has increased by £105 per month (4.8%).
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 22, Cornwall Avenue, Welling is in very good condition we estimate a sale value of £567,704 and rental value of £2,288 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £502,824 and a rental value of £2,026 per month.
If you were able to purchase this property for the estimated value of £540,671, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,657 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, 22, Cornwall Avenue, Welling sits on a plot of 341m2.
We have plot size data on 18 out of 51 other houses in the postcode and 22, Cornwall Avenue, Welling sits on the 11th largest plot.
According to HM Land Registry, 22, Cornwall Avenue, Welling was last sold on 27 Feb 2020 for £472,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2020, the market for similar properties has risen 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Cornwall Avenue, Welling within a radius of 520 metres over the last 2 years.
The most recent example is 95, Northumberland Avenue, Welling, DA16 2PZ, a Freehold house which sold for £521,000 in Sep 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornwall Avenue, Welling, DA16 has a total of 54 addresses. According to our analysis of all the public data, 22, Cornwall Avenue, Welling is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £92k more expensive than the average property in DA16.
22, Cornwall Avenue, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2014.
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 22, Cornwall Avenue, 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 22, Cornwall Avenue, Welling, 53.0% of property is privately owned outright and 43.3% is privately owned with a mortgage.
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 22, Cornwall Avenue, Welling, 19.3% of residents are recorded as possessing school level qualifications and 35.1% 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 22, Cornwall Avenue, 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 22, Cornwall Avenue, Welling, 0.0% 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 22, Cornwall Avenue, Welling, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.