According to the public record, Flat 1, Norcliff Court 87A, Welling is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,070 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Norcliff Court, Bellegrove Road, Welling, DA16.
Bellegrove Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
Flat 1, Norcliff Court 87A, Welling has 21 entries in the Land Registry database, most recently in December 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 Flat 1 Norcliff Court 87A Welling as £414,634 and the rental value as £1,716 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 1 Norcliff Court 87A Welling has decreased by £2,400 (0.6%) and its rental value has increased by £83 per month (4.8%).
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 Flat 1, Norcliff Court 87A, Welling is in very good condition we estimate a sale value of £435,366 and rental value of £1,802 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,610 and a rental value of £1,596 per month.
If you were able to purchase this property for the estimated value of £414,634, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,038 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, Flat 1, Norcliff Court 87A, Welling was last sold on 19 Dec 2008 for £290,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2008, the market for similar properties has risen 93.8%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 1, Norcliff Court 87A, Welling within a radius of 490 metres over the last 2 years.
The most recent example is 6, Bains Court 197, Bellegrove Road, Welling, DA16 3AH, a Leasehold flat which sold for £197,000 in May 2007.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bellegrove Road, Welling, DA16 has a total of 435 addresses. According to our analysis of all the public data, Flat 1, Norcliff Court 87A, Welling is the 136th largest and the 148th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in DA16.
The closest station to Flat 1, Norcliff Court 87A, Welling is Welling station which is 200 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 Flat 1, Norcliff Court 87A, 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 Flat 1, Norcliff Court 87A, 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 Flat 1, Norcliff Court 87A, 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 Flat 1, Norcliff Court 87A, 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 Flat 1, Norcliff Court 87A, 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.