According to the public record, 40, Elsa Road, Welling is a mid-century house with 1,431 ft2 of internal area and sits on a 64,361 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.
40, Elsa Road, Welling has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2015.
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 40 Elsa Road Welling as £541,907 and the rental value as £2,387 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 40 Elsa Road Welling has decreased by £108 (0.0%) and its rental value has increased by £127 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 40, Elsa Road, Welling is in very good condition we estimate a sale value of £569,002 and rental value of £2,506 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £503,973 and a rental value of £2,220 per month.
If you were able to purchase this property for the estimated value of £541,907, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,663 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, 40, Elsa Road, Welling sits on a plot of 64361m2.
We have plot size data on 16 out of 20 other houses in the postcode and 40, Elsa Road, Welling sits on the largest plot.
According to HM Land Registry, 40, Elsa Road, Welling was last sold on 22 Jul 2005 for £188,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Elsa Road, Welling within a radius of 470 metres over the last 2 years.
The most recent example is 237, Upper Wickham Lane, Welling, DA16 3AP, a Freehold house which sold for £565,000 in Jul 2022.
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, 40, Elsa Road, Welling is the 2nd largest and the 13th most expensive property on the street.
When compared to the postcode district it is £93k more expensive than the average property in DA16.
40, Elsa Road, Welling has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Nov 2015.
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 40, 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 40, 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 40, 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 40, 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 40, 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 40, 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.