According to the public record, 31B, Wellington Parade, Sidcup is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 951 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Wellington Parade, Sidcup, DA15 is located in the borough of Bexley within the DA15 postal district.
31B, Wellington Parade, Sidcup has a single entry in the Land Registry database from January 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 31B Wellington Parade Sidcup as £328,046 and the rental value as £1,518 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 31B Wellington Parade Sidcup has increased by £4,450 (1.4%) and its rental value has increased by £87 per month (5.7%).
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 31B, Wellington Parade, Sidcup is in very good condition we estimate a sale value of £344,448 and rental value of £1,594 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,083 and a rental value of £1,412 per month.
If you were able to purchase this property for the estimated value of £328,046, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,612 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, 31B, Wellington Parade, Sidcup was last sold on 30 Jan 2008 for £275,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2008, the market for similar properties has risen 88.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31B, Wellington Parade, Sidcup within a radius of 460 metres over the last 2 years.
The most recent example is 17, Groombridge Close, Welling, DA16 2BP, a Freehold house which sold for £360,000 in Apr 2022.
Read more about house prices in DA15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellington Parade, Sidcup, DA15 has a total of 38 addresses. According to our analysis of all the public data, 31B, Wellington Parade, Sidcup is the 3rd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in DA15.
The closest station to 31B, Wellington Parade, Sidcup is Welling station which is 1.6 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 31B, Wellington Parade, Sidcup, 38.7% of property is privately rented and 31.5% 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 31B, Wellington Parade, Sidcup, 21.5% of residents are recorded as possessing school level qualifications and 22.9% 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 31B, Wellington Parade, Sidcup, the average age was 39.8 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 31B, Wellington Parade, Sidcup, 1.0% 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 31B, Wellington Parade, Sidcup, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.