Average Price for property in Faraday Road, Welling, DA16 is around £359,647 which varies based on type of property you are interested in and ranges from £449,838 for detached house to around £362,790 for semi-detached. Similarly terraced house is around £353,416 and a flat is worth £225,396. Values have been changing and have risen £4,296 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £13,021 in last 6 months, £39,740 in last 1 year, £55,151 in last 2 years, £62,931 in last 3 years, £61,758 in last 4 years and £65,658 in last 5 years.
Currently average asking price of a property in Faraday Road, Welling, DA16 is around £318,367 based on approximately 1 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 Faraday Road, Welling, DA16 is £359,647. Average asking price is £318,367 while average price paid is £333,000 which is up by £39,740 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 Faraday Road, Welling, DA16 area. In last 1 year alone average price buyer paid is around £333,000 based on approximately 1 sales in Faraday Road, Welling, DA16 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £243,600. 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 £258,110 for 9 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £271,713 per sale.