According to the public record, 36, William Foster Lane, Welling is a modern apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
William Foster Lane, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
36, William Foster Lane, Welling has no records in the Land Registry database and a single entry in the EPC database dated February 2012.
We combine this information with public data 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 William Foster Lane Welling as £288,722 and the rental value as £1,420 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 36 William Foster Lane Welling has increased by £3,172 (1.1%) and its rental value has increased by £94 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 36, William Foster Lane, Welling is in very good condition we estimate a sale value of £303,158 and rental value of £1,491 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,511 and a rental value of £1,321 per month.
If you were able to purchase this property for the estimated value of £288,722, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,419 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, William Foster Lane, Welling within a radius of 470 metres over the last 2 years.
The most recent example is 38, William Foster Lane, Welling, DA16 3AT, a Leasehold flat which sold for £307,000 in Jan 2022.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
William Foster Lane, Welling, DA16 has a total of 46 addresses. According to our analysis of all the public data, 36, William Foster Lane, Welling is the 33rd largest and the 34th most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in DA16.
36, William Foster Lane, Welling has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Feb 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric air source heat pump and radiators.
The closest station to 36, William Foster Lane, Welling is Welling station which is 300 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 36, William Foster Lane, Welling, 44.1% of property is socially rented and 24.8% 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, William Foster Lane, Welling, 24.6% of residents are recorded as possessing school level qualifications and 26.9% 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, William Foster Lane, 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 36, William Foster Lane, Welling, 0.5% 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 36, William Foster Lane, 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.