According to the public record, 42, Westwood Lane, Welling is a early-century house with 1,216 ft2 of internal area and sits on a 665 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Westwood Lane, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
42, Westwood Lane, Welling has no records in the Land Registry database and a single entry in the EPC database dated May 2023.
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 42 Westwood Lane Welling as £623,703 and the rental value as £2,288 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 42 Westwood Lane Welling has decreased by £2,883 (0.5%) and its rental value has increased by £113 per month (4.9%).
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 42, Westwood Lane, Welling is in very good condition we estimate a sale value of £654,888 and rental value of £2,403 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £580,044 and a rental value of £2,128 per month.
If you were able to purchase this property for the estimated value of £623,703, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,065 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, 42, Westwood Lane, Welling sits on a plot of 665m2.
We have plot size data on 11 out of 16 other houses in the postcode and 42, Westwood Lane, Welling sits on the 6th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Westwood Lane, Welling within a radius of 500 metres over the last 2 years.
The most recent example is 13, Huxley Road, Welling, DA16 2EN, a Freehold house which sold for £582,000 in Sep 2022.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westwood Lane, Welling, DA16 has a total of 265 addresses. According to our analysis of all the public data, 42, Westwood Lane, Welling is the 60th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £175k more expensive than the average property in DA16.
42, Westwood Lane, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 May 2023.
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 42, Westwood Lane, Welling is Welling station which is 500 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 42, Westwood Lane, Welling, 34.9% of property is privately owned with a mortgage and 32.9% is privately rented.
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 42, Westwood Lane, Welling, 20.0% of residents are recorded as possessing school level qualifications and 33.3% 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 42, Westwood Lane, Welling, the average age was 40.1 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 42, Westwood Lane, Welling, 0.7% 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 42, Westwood Lane, 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.