According to the public record, 6, Storer Drive, Welling is a modern leasehold house with 1,237 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Storer Drive, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
6, Storer Drive, Welling has a single entry in the Land Registry database from June 2024 and a single entry in the EPC database dated March 2015.
We combine this information with that 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 6 Storer Drive Welling as £528,875 and the rental value as £2,289 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 6 Storer Drive Welling has increased by £1,131 (0.2%) and its rental value has increased by £129 per month (5.7%).
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 6, Storer Drive, Welling is in very good condition we estimate a sale value of £555,319 and rental value of £2,403 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £491,854 and a rental value of £2,128 per month.
If you were able to purchase this property for the estimated value of £528,875, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,599 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, 6, Storer Drive, Welling was last sold on 14 Jun 2024 for £545,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Jun 2024, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Storer Drive, Welling within a radius of 470 metres over the last 2 years.
The most recent example is 16, Storer Drive, Welling, DA16 1AA, a Freehold house which sold for £562,500 in Jun 2021.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Storer Drive, Welling, DA16 has a total of 26 addresses. According to our analysis of all the public data, 6, Storer Drive, Welling is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in DA16.
6, Storer Drive, Welling has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Mar 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 6, Storer Drive, 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 6, Storer Drive, Welling, 47.6% of property is privately owned with a mortgage and 26.9% 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 6, Storer Drive, Welling, 24.1% of residents are recorded as possessing school level qualifications and 46.0% 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 6, Storer Drive, 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 6, Storer Drive, 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 6, Storer Drive, Welling, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.