According to the public record, 225, Gipsy Road, Welling is a early-century freehold house with 1,022 ft2 of internal area and sits on a 257 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gipsy Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
225, Gipsy Road, Welling has a single entry in the Land Registry database from January 2024 and a single entry in the EPC database dated August 2023.
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 225 Gipsy Road Welling as £481,196 and the rental value as £2,018 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 225 Gipsy Road Welling has increased by £4,155 (0.9%) and its rental value has increased by £117 per month (5.8%).
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 225, Gipsy Road, Welling is in very good condition we estimate a sale value of £505,255 and rental value of £2,119 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £447,512 and a rental value of £1,877 per month.
If you were able to purchase this property for the estimated value of £481,196, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,365 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, 225, Gipsy Road, Welling sits on a plot of 257m2.
We have plot size data on 15 out of 30 other houses in the postcode and 225, Gipsy Road, Welling sits on the 4th largest plot.
According to HM Land Registry, 225, Gipsy Road, Welling was last sold on 31 Jan 2024 for £435,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2024, the market for similar properties has risen 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 225, Gipsy Road, Welling within a radius of 490 metres over the last 2 years.
The most recent example is 223, Gipsy Road, Welling, DA16 1HZ, a Freehold house which sold for £572,000 in May 2022.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gipsy Road, Welling, DA16 has a total of 242 addresses. According to our analysis of all the public data, 225, Gipsy Road, Welling is the 101st largest and the 118th most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in DA16.
225, Gipsy Road, Welling has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Aug 2023.
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 225, Gipsy Road, Welling is Bexleyheath station which is 900 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 225, Gipsy Road, Welling, 55.4% of property is privately owned with a mortgage and 37.5% 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 225, Gipsy Road, Welling, 23.4% of residents are recorded as possessing school level qualifications and 26.6% 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 225, Gipsy Road, Welling, the average age was 41.6 and the most common age was 57.
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 225, Gipsy Road, Welling, 0.7% 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 225, Gipsy Road, Welling, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.