According to the public record, 263, Montrose Avenue, Welling is a early-century freehold house with 871 ft2 of internal area and sits on a 285 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Montrose Avenue, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
263, Montrose Avenue, Welling has a single entry in the Land Registry database from March 2006 and a single entry in the EPC database dated October 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 263 Montrose Avenue Welling as £456,771 and the rental value as £1,957 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 263 Montrose Avenue Welling has increased by £4,814 (1.1%) and its rental value has increased by £121 per month (6.2%).
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 263, Montrose Avenue, Welling is in very good condition we estimate a sale value of £479,609 and rental value of £2,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £424,797 and a rental value of £1,820 per month.
If you were able to purchase this property for the estimated value of £456,771, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,245 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, 263, Montrose Avenue, Welling sits on a plot of 285m2.
We have plot size data on 28 out of 56 other houses in the postcode and 263, Montrose Avenue, Welling sits on the 20th largest plot.
According to HM Land Registry, 263, Montrose Avenue, Welling was last sold on 14 Mar 2006 for £214,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 263, Montrose Avenue, Welling within a radius of 660 metres over the last 2 years.
The most recent example is 269, Montrose Avenue, Welling, DA16 2QU, a Freehold house which sold for £450,000 in Dec 2022.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Montrose Avenue, Welling, DA16 has a total of 281 addresses. According to our analysis of all the public data, 263, Montrose Avenue, Welling is the 149th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in DA16.
263, Montrose Avenue, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Oct 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 263, Montrose Avenue, Welling is Falconwood station which is 400 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 263, Montrose Avenue, Welling, 45.0% of property is privately owned outright and 43.4% 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 263, Montrose Avenue, Welling, 20.1% of residents are recorded as possessing school level qualifications and 31.0% 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 263, Montrose Avenue, Welling, the average age was 39.9 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 263, Montrose Avenue, Welling, 0.8% 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 263, Montrose Avenue, 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.