According to the public record, 50, John Newton Court, Welling is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 573 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
John Newton Court, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
50, John Newton Court, Welling has a single entry in the Land Registry database from June 2007 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 50 John Newton Court Welling as £250,046 and the rental value as £1,336 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 50 John Newton Court Welling has increased by £2,782 (1.1%) and its rental value has increased by £88 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 50, John Newton Court, Welling is in very good condition we estimate a sale value of £262,548 and rental value of £1,403 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,543 and a rental value of £1,242 per month.
If you were able to purchase this property for the estimated value of £250,046, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,229 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, 50, John Newton Court, Welling was last sold on 01 Jun 2007 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2007, the market for similar properties has risen 63.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, John Newton Court, Welling within a radius of 540 metres over the last 2 years.
The most recent example is 1, Sharnbrooke Close, Welling, DA16 1SL, a Leasehold flat which sold for £247,500 in Dec 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
John Newton Court, Welling, DA16 has a total of 132 addresses. According to our analysis of all the public data, 50, John Newton Court, Welling is the 109th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £199k less expensive than the average property in DA16.
The closest station to 50, John Newton Court, Welling is Welling 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 50, John Newton Court, Welling, 71.2% of property is socially rented and 9.1% 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 50, John Newton Court, Welling, 36.5% of residents are recorded as possessing school level qualifications and 26.7% 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 50, John Newton Court, 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 50, John Newton Court, 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 50, John Newton Court, Welling, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.