Values have been changing and have risen £3,075 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,320 in last 6 months, £28,445 in last 1 year, £39,476 in last 2 years, £45,047 in last 3 years, £44,209 in last 4 years and £47,002 in last 5 years.
Currently average asking price of a property in Lewis Road, Welling, DA16 is around £318,367 based on approximately 5 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 Lewis Road, Welling, DA16 is £252,856. Average asking price is £318,367 while average price paid is £241,540 which is up by £28,445 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 Lewis Road, Welling, DA16 area. In last 1 year alone average price buyer paid is around £241,540 based on approximately 5 sales in Lewis Road, Welling, DA16 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £211,773. 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 £203,855 for 20 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £201,563 per sale.