According to the public record, Hollybank, Welling is a period house with 947 ft2 of internal area and sits on a 372 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Springfield Road, Welling, DA16 is located in the borough of Bexley within the DA16 postal district.
Hollybank, Welling has no records in the Land Registry database and a single entry in the EPC database dated October 2018.
We combine this information with public data 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 Hollybank Welling as £437,383 and the rental value as £2,020 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Hollybank Welling has increased by £4,741 (1.1%) and its rental value has increased by £133 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 Hollybank, Welling is in very good condition we estimate a sale value of £459,252 and rental value of £2,120 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £406,766 and a rental value of £1,878 per month.
If you were able to purchase this property for the estimated value of £437,383, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,150 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, Hollybank, Welling sits on a plot of 372m2.
We have plot size data on 17 out of 26 other houses in the postcode and Hollybank, Welling sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Hollybank, Welling within a radius of 470 metres over the last 2 years.
The most recent example is 14, Orchard Road, Welling, DA16 1QG, a Freehold house which sold for £388,500 in Aug 2023.
Read more about house prices in DA16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, Welling, DA16 has a total of 59 addresses. According to our analysis of all the public data, Hollybank, Welling is the 37th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in DA16.
Hollybank, Welling has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Oct 2018.
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 Hollybank, Welling is Welling station which is 600 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 Hollybank, Welling, 47.6% of property is privately owned with a mortgage and 26.9% 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 Hollybank, Welling, 24.1% of residents are recorded as possessing school level qualifications and 46.0% 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 Hollybank, 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 Hollybank, Welling, 0.2% 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 Hollybank, 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.