According to the public record, 14A, Hook Lane, Welling is a mid-century leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 14, Hook Lane, Welling, DA16.
Hook Lane, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
14A, Hook Lane, Welling has 51 entries in the Land Registry database, most recently in December 2014 and a single entry in the EPC database dated November 2023.
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 14A Hook Lane Welling as £293,650 and the rental value as £1,402 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 14A Hook Lane Welling has increased by £3,328 (1.1%) and its rental value has increased by £93 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 14A, Hook Lane, Welling is in very good condition we estimate a sale value of £308,332 and rental value of £1,472 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,094 and a rental value of £1,304 per month.
If you were able to purchase this property for the estimated value of £293,650, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,443 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, 14A, Hook Lane, Welling was last sold on 18 Dec 2014 for £225,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Dec 2014, the market for similar properties has risen 41.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14A, Hook Lane, Welling within a radius of 470 metres over the last 2 years.
The most recent example is Flat 5, Norcliff Court 87A, Bellegrove Road, Welling, DA16 3PG, a Leasehold flat which sold for £295,000 in Jun 2021.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hook Lane, Welling, DA16 has a total of 237 addresses. According to our analysis of all the public data, 14A, Hook Lane, Welling is the 195th largest and the 233rd most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in DA16.
14A, Hook Lane, Welling has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Nov 2023.
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 14A, Hook Lane, 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 14A, Hook Lane, Welling, 32.2% of property is privately rented and 31.7% 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 14A, Hook Lane, Welling, 22.6% of residents are recorded as possessing school level qualifications and 35.5% 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 14A, Hook Lane, 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 14A, Hook Lane, Welling, 0.8% 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 14A, Hook Lane, Welling, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.