According to the public record, 3, Elsa Road, Welling is a early-century freehold house with 1,119 ft2 of internal area and sits on a 187 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Elsa Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
3, Elsa Road, Welling has 41 entries in the Land Registry database, most recently in November 2013 and a single entry in the EPC database dated July 2013.
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 3 Elsa Road Welling as £487,055 and the rental value as £2,192 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 3 Elsa Road Welling has decreased by £97 (0.0%) and its rental value has increased by £117 per month (5.3%).
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 3, Elsa Road, Welling is in very good condition we estimate a sale value of £511,408 and rental value of £2,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £452,962 and a rental value of £2,038 per month.
If you were able to purchase this property for the estimated value of £487,055, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,394 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, 3, Elsa Road, Welling sits on a plot of 187m2.
We have plot size data on 10 out of 22 other houses in the postcode and 3, Elsa Road, Welling sits on the 4th largest plot.
According to HM Land Registry, 3, Elsa Road, Welling was last sold on 13 Nov 2013 for £239,995 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Nov 2013, the market for similar properties has risen 70.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Elsa Road, Welling within a radius of 470 metres over the last 2 years.
The most recent example is 47, Elsa Road, Welling, DA16 1JZ, a Freehold house which sold for £500,000 in Jul 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elsa Road, Welling, DA16 has a total of 191 addresses. According to our analysis of all the public data, 3, Elsa Road, Welling is the 20th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in DA16.
3, Elsa Road, Welling has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Jul 2013.
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 3, Elsa Road, Welling is Welling station which is 800 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 3, Elsa Road, Welling, 35.5% of property is privately owned with a mortgage and 29.0% 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 3, Elsa Road, Welling, 21.6% of residents are recorded as possessing school level qualifications and 40.4% 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 3, Elsa 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 3, Elsa Road, Welling, 1.2% 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 3, Elsa Road, Welling, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.