According to the public record, 5, New Road, Welling is a period house with 957 ft2 of internal area and sits on a 382 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
New Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
5, New Road, Welling has no records in the Land Registry database and a single entry in the EPC database dated October 2020.
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 5 New Road Welling as £420,104 and the rental value as £1,942 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 5 New Road Welling has increased by £4,554 (1.1%) and its rental value has increased by £128 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 5, New Road, Welling is in very good condition we estimate a sale value of £441,109 and rental value of £2,040 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £390,697 and a rental value of £1,807 per month.
If you were able to purchase this property for the estimated value of £420,104, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,065 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, 5, New Road, Welling sits on a plot of 382m2.
We have plot size data on 9 out of 14 other houses in the postcode and 5, New Road, Welling sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, New Road, Welling within a radius of 460 metres over the last 2 years.
The most recent example is 14, Orchard Road, Welling, DA16 1QG, a Freehold house which sold for £388,500 in Aug 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Road, Welling, DA16 has a total of 14 addresses. According to our analysis of all the public data, 5, New Road, Welling is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in DA16.
5, New Road, Welling has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Oct 2020.
The property is connected to mains gas and has mostly double glazing. It is heated using room heaters.
The closest station to 5, New 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 5, New Road, Welling, 44.9% of property is privately rented and 23.6% is socially 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 5, New Road, Welling, 25.0% of residents are recorded as possessing school level qualifications and 37.1% 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 5, New Road, 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 5, New Road, Welling, 0.2% 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 5, New Road, Welling, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.