According to the public record, 7, Monkton Road, Welling is a early-century freehold house with 1,463 ft2 of internal area and sits on a 266 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Monkton Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
7, Monkton Road, Welling has 21 entries in the Land Registry database, most recently in October 2008 and a single entry in the EPC database dated May 2022.
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 7 Monkton Road Welling as £592,569 and the rental value as £2,478 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 7 Monkton Road Welling has decreased by £1,068 (0.2%) and its rental value has increased by £129 per month (5.2%).
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, Monkton Road, Welling is in very good condition we estimate a sale value of £622,197 and rental value of £2,602 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £551,089 and a rental value of £2,305 per month.
If you were able to purchase this property for the estimated value of £592,569, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,912 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, 7, Monkton Road, Welling sits on a plot of 266m2.
We have plot size data on 22 out of 36 other houses in the postcode and 7, Monkton Road, Welling sits on the 8th largest plot.
According to HM Land Registry, 7, Monkton Road, Welling was last sold on 31 Oct 2008 for £280,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2008, the market for similar properties has risen 121.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Monkton Road, Welling within a radius of 530 metres over the last 2 years.
The most recent example is 45, Central Avenue, Welling, DA16 3BQ, a Freehold house which sold for £551,000 in Jul 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monkton Road, Welling, DA16 has a total of 36 addresses. According to our analysis of all the public data, 7, Monkton Road, Welling is the largest and the most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in DA16.
7, Monkton Road, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 May 2022.
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 7, Monkton Road, Welling is Welling station which is 400 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, Monkton Road, Welling, 46.4% of property is privately owned with a mortgage and 41.1% 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 7, Monkton Road, Welling, 20.1% of residents are recorded as possessing school level qualifications and 38.6% 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, Monkton Road, Welling, the average age was 40.9 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 7, Monkton Road, Welling, 2.5% 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, Monkton Road, Welling, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.