According to the public record, 85, Welling Way, Welling is a early-century freehold house with 1,625 ft2 of internal area and sits on a 393 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Welling Way, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
85, Welling Way, Welling has 2 entries in the Land Registry database, most recently in November 2016 and a single entry in the EPC database dated July 2016.
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 85 Welling Way Welling as £650,807 and the rental value as £2,729 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 85 Welling Way Welling has decreased by £5,793 (0.9%) and its rental value has increased by £114 per month (4.2%).
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 85, Welling Way, Welling is in very good condition we estimate a sale value of £683,348 and rental value of £2,865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £605,251 and a rental value of £2,538 per month.
If you were able to purchase this property for the estimated value of £650,807, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,199 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, 85, Welling Way, Welling sits on a plot of 393m2.
We have plot size data on 13 out of 24 other houses in the postcode and 85, Welling Way, Welling sits on the 3rd largest plot.
According to HM Land Registry, 85, Welling Way, Welling was last sold on 07 Nov 2016 for £580,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2016, the market for similar properties has risen 17.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 85, Welling Way, Welling within a radius of 540 metres over the last 2 years.
The most recent example is 106, Welling Way, Welling, DA16 2RR, a Freehold house which sold for £625,000 in Jul 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welling Way, Welling, DA16 has a total of 209 addresses. According to our analysis of all the public data, 85, Welling Way, Welling is the 4th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £202k more expensive than the average property in DA16.
85, Welling Way, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jul 2016.
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 85, Welling Way, Welling is Falconwood station which is 700 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 85, Welling Way, Welling, 53.3% of property is privately owned outright and 39.3% 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 85, Welling Way, Welling, 17.7% of residents are recorded as possessing school level qualifications and 28.4% 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 85, Welling Way, 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 85, Welling Way, Welling, 0.0% 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 85, Welling Way, 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.