According to the public record, 27, Queens Road, Welling is a period leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Queens Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
27, Queens Road, Welling has 61 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated May 2020.
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 27 Queens Road Welling as £317,934 and the rental value as £1,539 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 27 Queens Road Welling has increased by £3,478 (1.1%) and its rental value has increased by £101 per month (6.6%).
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 27, Queens Road, Welling is in very good condition we estimate a sale value of £333,831 and rental value of £1,616 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,679 and a rental value of £1,431 per month.
If you were able to purchase this property for the estimated value of £317,934, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,563 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, 27, Queens Road, Welling was last sold on 20 Dec 2023 for £282,500 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Dec 2023, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Queens Road, Welling within a radius of 480 metres over the last 2 years.
The most recent example is 21, Queens Road, Welling, DA16 3EA, a Leasehold flat which sold for £305,000 in Oct 2022.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Queens Road, Welling, DA16 has a total of 60 addresses. According to our analysis of all the public data, 27, Queens Road, Welling is the 36th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in DA16.
27, Queens Road, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 May 2020.
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 27, Queens Road, Welling is Welling station which is 600 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 27, Queens Road, Welling, 31.0% of property is privately owned with a mortgage and 28.9% is privately rented.
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 27, Queens Road, Welling, 22.6% of residents are recorded as possessing school level qualifications and 31.1% 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 27, Queens Road, 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 27, Queens Road, Welling, 0.6% 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 27, Queens Road, Welling, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.