According to the public record, 229, Wickham Street, Welling is a early-century freehold house with 1,044 ft2 of internal area and sits on a 310 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Wickham Street, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
229, Wickham Street, Welling has a single entry in the Land Registry database from March 2007 and a single entry in the EPC database dated July 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 229 Wickham Street Welling as £510,924 and the rental value as £2,187 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 229 Wickham Street Welling has decreased by £921 (0.2%) and its rental value has increased by £114 per month (5.2%).
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 229, Wickham Street, Welling is in very good condition we estimate a sale value of £536,471 and rental value of £2,296 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £475,160 and a rental value of £2,034 per month.
If you were able to purchase this property for the estimated value of £510,924, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,511 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, 229, Wickham Street, Welling sits on a plot of 310m2.
We have plot size data on 2 out of 6 other houses in the postcode and 229, Wickham Street, Welling sits on the 2nd largest plot.
According to HM Land Registry, 229, Wickham Street, Welling was last sold on 08 Mar 2007 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 95.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 229, Wickham Street, Welling within a radius of 550 metres over the last 2 years.
The most recent example is 257, Wickham Street, Welling, DA16 3LS, a Freehold house which sold for £490,000 in Aug 2022.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wickham Street, Welling, DA16 has a total of 348 addresses. According to our analysis of all the public data, 229, Wickham Street, Welling is the 76th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £62k more expensive than the average property in DA16.
229, Wickham Street, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jul 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 229, Wickham Street, Welling is Welling station which is 500 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 229, Wickham Street, Welling, 46.4% of property is privately owned with a mortgage and 41.1% 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 229, Wickham Street, Welling, 20.1% of residents are recorded as possessing school level qualifications and 38.6% 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 229, Wickham Street, Welling, the average age was 40.9 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 229, Wickham Street, Welling, 2.5% 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 229, Wickham Street, Welling, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.