According to the public record, 8, Sharnbrooke Close, Welling is a mid-century leasehold apartment with 523 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Sharnbrooke Close, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
8, Sharnbrooke Close, Welling has 2 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated July 2009.
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 8 Sharnbrooke Close Welling as £224,390 and the rental value as £1,265 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 8 Sharnbrooke Close Welling has increased by £2,497 (1.1%) and its rental value has increased by £84 per month (6.6%).
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 8, Sharnbrooke Close, Welling is in very good condition we estimate a sale value of £235,610 and rental value of £1,328 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,683 and a rental value of £1,176 per month.
If you were able to purchase this property for the estimated value of £224,390, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,103 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, 8, Sharnbrooke Close, Welling was last sold on 29 Jun 2017 for £195,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2017, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Sharnbrooke Close, Welling within a radius of 570 metres over the last 2 years.
The most recent example is 1, Sharnbrooke Close, Welling, DA16 1SL, a Leasehold flat which sold for £247,500 in Dec 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sharnbrooke Close, Welling, DA16 has a total of 46 addresses. According to our analysis of all the public data, 8, Sharnbrooke Close, Welling is the 42nd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £225k less expensive than the average property in DA16.
8, Sharnbrooke Close, Welling has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jul 2009.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 8, Sharnbrooke Close, Welling is Bexleyheath 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 8, Sharnbrooke Close, Welling, 35.1% of property is socially rented and 27.5% 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 8, Sharnbrooke Close, Welling, 8.3% of residents are recorded as possessing school level qualifications and 33.7% 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 8, Sharnbrooke Close, 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 8, Sharnbrooke Close, Welling, 0.5% 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 8, Sharnbrooke Close, Welling, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.