Values have been changing and have risen £3,030 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,184 in last 6 months, £28,032 in last 1 year, £38,903 in last 2 years, £44,392 in last 3 years, £43,566 in last 4 years and £46,318 in last 5 years.
Currently average asking price of a property in Douglas Road, Welling, DA16 is around £318,367 based on approximately 2 properties for sale. Same is the case with rental options based on 24 properties up for rent, average asking rent is around £1,023 per month.
Estimated property value in Douglas Road, Welling, DA16 is £247,038. Average asking price is £318,367 while average price paid is £235,000 which is up by £28,032 and Avg. asking rent £1,023.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Douglas Road, Welling, DA16 area. In last 1 year alone average price buyer paid is around £235,000 based on approximately 2 sales in Douglas Road, Welling, DA16 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £193,200. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £187,285 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £189,000 per sale.