According to the public record, 43, Westmoreland Avenue, Welling is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 700 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Westmoreland Avenue, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
43, Westmoreland Avenue, Welling has a single entry in the Land Registry database from February 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 43 Westmoreland Avenue Welling as £378,651 and the rental value as £1,751 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 43 Westmoreland Avenue Welling has increased by £4,476 (1.2%) and its rental value has increased by £109 per month (6.2%).
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 43, Westmoreland Avenue, Welling is in very good condition we estimate a sale value of £397,584 and rental value of £1,839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £352,145 and a rental value of £1,629 per month.
If you were able to purchase this property for the estimated value of £378,651, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,861 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, 43, Westmoreland Avenue, Welling was last sold on 17 Feb 2022 for £315,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Westmoreland Avenue, Welling within a radius of 520 metres over the last 2 years.
The most recent example is 58, Westmoreland Avenue, Welling, DA16 2QD, a Freehold house which sold for £430,000 in Jun 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westmoreland Avenue, Welling, DA16 has a total of 91 addresses. According to our analysis of all the public data, 43, Westmoreland Avenue, Welling is the 84th largest and the 85th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in DA16.
The closest station to 43, Westmoreland Avenue, Welling is Falconwood station which is 900 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 43, Westmoreland Avenue, Welling, 60.0% of property is privately owned with a mortgage and 29.3% 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 43, Westmoreland Avenue, Welling, 22.4% of residents are recorded as possessing school level qualifications and 34.3% 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 43, Westmoreland Avenue, Welling, the average age was 39.9 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 43, Westmoreland Avenue, Welling, 1.5% 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 43, Westmoreland Avenue, Welling, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.