According to the public record, 22, Okehampton Crescent, Welling is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 624 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Okehampton Crescent, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
22, Okehampton Crescent, Welling has a single entry in the Land Registry database from August 2014 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 22 Okehampton Crescent Welling as £353,143 and the rental value as £1,615 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 22 Okehampton Crescent Welling has increased by £6,533 (1.9%) and its rental value has increased by £118 per month (7.3%).
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, Okehampton Crescent, Welling is in very good condition we estimate a sale value of £370,800 and rental value of £1,696 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £328,423 and a rental value of £1,502 per month.
If you were able to purchase this property for the estimated value of £353,143, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,736 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, 22, Okehampton Crescent, Welling was last sold on 01 Aug 2014 for £198,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2014, the market for similar properties has risen 55.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Okehampton Crescent, Welling within a radius of 510 metres over the last 2 years.
The most recent example is 5, Budleigh Crescent, Welling, DA16 1DX, a Freehold house which sold for £385,000 in Sep 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Okehampton Crescent, Welling, DA16 has a total of 196 addresses. According to our analysis of all the public data, 22, Okehampton Crescent, Welling is the 196th largest and the 196th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in DA16.
The closest station to 22, Okehampton Crescent, Welling is Welling station which is 1.3 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 22, Okehampton Crescent, Welling, 50.4% of property is privately owned with a mortgage and 45.8% 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 22, Okehampton Crescent, Welling, 20.0% of residents are recorded as possessing school level qualifications and 30.2% 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 22, Okehampton Crescent, 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 22, Okehampton Crescent, 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 22, Okehampton Crescent, 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.