According to the public record, 47, Montrose Avenue, Welling is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 993 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Montrose Avenue, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
47, Montrose Avenue, Welling has 2 entries in the Land Registry database, most recently in December 2016 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 47 Montrose Avenue Welling as £433,763 and the rental value as £1,998 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 47 Montrose Avenue Welling has increased by £4,571 (1.1%) and its rental value has increased by £124 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 47, Montrose Avenue, Welling is in very good condition we estimate a sale value of £455,451 and rental value of £2,097 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £403,400 and a rental value of £1,858 per month.
If you were able to purchase this property for the estimated value of £433,763, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,132 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, 47, Montrose Avenue, Welling was last sold on 02 Dec 2016 for £360,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2016, the market for similar properties has risen 19.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Montrose Avenue, Welling within a radius of 520 metres over the last 2 years.
The most recent example is 20, Montrose Close, Welling, DA16 2QR, a Freehold house which sold for £480,000 in Jul 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Montrose Avenue, Welling, DA16 has a total of 281 addresses. According to our analysis of all the public data, 47, Montrose Avenue, Welling is the 94th largest and the 181st most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in DA16.
The closest station to 47, Montrose Avenue, Welling is Welling station which is 700 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 47, Montrose Avenue, Welling, 47.6% of property is privately owned with a mortgage and 38.7% 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 47, Montrose Avenue, Welling, 20.3% of residents are recorded as possessing school level qualifications and 31.5% 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 47, Montrose 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 47, Montrose Avenue, Welling, 0.0% 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 47, Montrose Avenue, Welling, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.