According to the public record, 36, Langley Road, Welling is a mid-century leasehold apartment with 530 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Langley Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
36, Langley Road, Welling has a single entry in the Land Registry database from December 2009 and a single entry in the EPC database dated July 2009.
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 36 Langley Road Welling as £236,350 and the rental value as £1,371 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 36 Langley Road Welling has increased by £4,204 (1.8%) and its rental value has increased by £89 per month (6.5%).
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 36, Langley Road, Welling is in very good condition we estimate a sale value of £248,167 and rental value of £1,440 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,805 and a rental value of £1,275 per month.
If you were able to purchase this property for the estimated value of £236,350, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,162 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, 36, Langley Road, Welling was last sold on 16 Dec 2009 for £110,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2009, the market for similar properties has risen 95.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Langley Road, Welling within a radius of 600 metres over the last 2 years.
The most recent example is 27, Langley Road, Welling, DA16 1BH, a Leasehold flat which sold for £210,000 in Jan 2018.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Langley Road, Welling, DA16 has a total of 54 addresses. According to our analysis of all the public data, 36, Langley Road, Welling is the 40th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £213k less expensive than the average property in DA16.
36, Langley Road, Welling has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jul 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using room heaters.
The closest station to 36, Langley Road, Welling is Abbey Wood station which is 1.5 kilometres 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 36, Langley Road, Welling, 44.4% of property is socially rented and 27.4% 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 36, Langley Road, Welling, 24.2% of residents are recorded as possessing school level qualifications and 27.5% 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 36, Langley 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 36, Langley Road, Welling, 0.0% 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 36, Langley Road, 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.