According to the public record, 68, Falconwood Avenue, Welling is a early-century freehold house with 1,033 ft2 of internal area and sits on a 323 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Falconwood Avenue, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
68, Falconwood Avenue, Welling has 31 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated June 2020.
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 68 Falconwood Avenue Welling as £549,538 and the rental value as £2,161 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 68 Falconwood Avenue Welling has decreased by £2,464 (0.4%) and its rental value has increased by £99 per month (4.6%).
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 68, Falconwood Avenue, Welling is in very good condition we estimate a sale value of £577,015 and rental value of £2,269 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £511,070 and a rental value of £2,010 per month.
If you were able to purchase this property for the estimated value of £549,538, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,701 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, 68, Falconwood Avenue, Welling sits on a plot of 323m2.
We have plot size data on 20 out of 41 other houses in the postcode and 68, Falconwood Avenue, Welling sits on the 6th largest plot.
According to HM Land Registry, 68, Falconwood Avenue, Welling was last sold on 09 Oct 2020 for £520,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2020, the market for similar properties has risen 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 68, Falconwood Avenue, Welling within a radius of 590 metres over the last 2 years.
The most recent example is 11, Falconwood Avenue, Welling, DA16 2SH, a Freehold house which sold for £618,000 in Oct 2022.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falconwood Avenue, Welling, DA16 has a total of 116 addresses. According to our analysis of all the public data, 68, Falconwood Avenue, Welling is the 84th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £101k more expensive than the average property in DA16.
68, Falconwood Avenue, Welling has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 68, Falconwood Avenue, Welling is Welling station which is 800 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 68, Falconwood Avenue, Welling, 54.4% of property is privately owned with a mortgage and 38.4% 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 68, Falconwood Avenue, Welling, 18.3% of residents are recorded as possessing school level qualifications and 34.2% 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 68, Falconwood 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 68, Falconwood Avenue, Welling, 0.3% 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 68, Falconwood Avenue, Welling, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.