According to the public record, 7, Warwick Road, Welling is a period freehold house with 957 ft2 of internal area and sits on a 151 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Warwick Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
7, Warwick Road, Welling has 21 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated September 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 7 Warwick Road Welling as £408,386 and the rental value as £1,888 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 7 Warwick Road Welling has increased by £4,745 (1.2%) and its rental value has increased by £120 per month (6.4%).
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, Warwick Road, Welling is in very good condition we estimate a sale value of £428,805 and rental value of £1,983 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,799 and a rental value of £1,756 per month.
If you were able to purchase this property for the estimated value of £408,386, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,007 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, Warwick Road, Welling sits on a plot of 151m2.
We have plot size data on 34 out of 51 other houses in the postcode and 7, Warwick Road, Welling sits on the 17th largest plot.
According to HM Land Registry, 7, Warwick Road, Welling was last sold on 23 Nov 2018 for £380,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2018, the market for similar properties has risen 19.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Warwick Road, Welling within a radius of 510 metres over the last 2 years.
The most recent example is 15, Warwick Road, Welling, DA16 1SP, a Freehold house which sold for £364,000 in Jun 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Warwick Road, Welling, DA16 has a total of 54 addresses. According to our analysis of all the public data, 7, Warwick Road, Welling is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in DA16.
7, Warwick Road, Welling has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Sep 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 7, Warwick Road, Welling is Welling station which is 1.1 kilometres 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, Warwick Road, Welling, 43.0% of property is privately owned outright and 43.0% is privately owned with a mortgage.
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, Warwick Road, Welling, 20.5% of residents are recorded as possessing school level qualifications and 36.1% 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, Warwick Road, Welling, the average age was 41.1 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, Warwick Road, 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 7, Warwick Road, Welling, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.