According to the public record, 4, East Road, Welling is a period freehold house with 699 ft2 of internal area and sits on a 70.9 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
East Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
4, East Road, Welling has 51 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated April 2022.
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 4 East Road Welling as £391,035 and the rental value as £1,802 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 4 East Road Welling has increased by £4,355 (1.1%) and its rental value has increased by £119 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 4, East Road, Welling is in very good condition we estimate a sale value of £410,587 and rental value of £1,892 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £363,663 and a rental value of £1,676 per month.
If you were able to purchase this property for the estimated value of £391,035, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,922 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, 4, East Road, Welling sits on a plot of 71m2.
We have plot size data on 16 out of 30 other houses in the postcode and 4, East Road, Welling sits on the 10th largest plot.
According to HM Land Registry, 4, East Road, Welling was last sold on 18 Sep 2020 for £295,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Sep 2020, the market for similar properties has risen 13.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, East Road, Welling within a radius of 480 metres over the last 2 years.
The most recent example is 3, Church Road, Welling, DA16 3DY, a Freehold house which sold for £330,000 in Mar 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
East Road, Welling, DA16 has a total of 44 addresses. According to our analysis of all the public data, 4, East Road, Welling is the 24th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in DA16.
4, East Road, Welling has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Apr 2022.
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 4, East 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 4, East Road, Welling, 36.2% of property is privately rented and 27.5% 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 4, East Road, Welling, 22.2% of residents are recorded as possessing school level qualifications and 36.5% 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 4, East 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 4, East Road, Welling, 1.7% 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 4, East 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.