According to the public record, 7, Danson Crescent, Welling is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 615 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Danson Crescent, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
7, Danson Crescent, Welling has 31 entries in the Land Registry database, most recently in April 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 7 Danson Crescent Welling as £303,077 and the rental value as £1,492 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 7 Danson Crescent Welling has increased by £3,207 (1.1%) and its rental value has increased by £98 per month (6.5%).
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 7, Danson Crescent, Welling is in very good condition we estimate a sale value of £318,231 and rental value of £1,567 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £281,862 and a rental value of £1,388 per month.
If you were able to purchase this property for the estimated value of £303,077, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,490 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, 7, Danson Crescent, Welling was last sold on 13 Apr 2007 for £166,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2007, the market for similar properties has risen 71.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Danson Crescent, Welling within a radius of 470 metres over the last 2 years.
The most recent example is 27, Danson Crescent, Welling, DA16 2AX, a Leasehold flat which sold for £351,000 in Jan 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Danson Crescent, Welling, DA16 has a total of 96 addresses. According to our analysis of all the public data, 7, Danson Crescent, Welling is the 93rd largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in DA16.
The closest station to 7, Danson Crescent, Welling is Welling station which is 500 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 7, Danson Crescent, 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 7, Danson Crescent, 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 7, Danson Crescent, 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 7, Danson Crescent, 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 7, Danson Crescent, 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.