Average Price for property in Penpool Lane, Welling, DA16 is around £312,378 e.g. average price for semi-detached is around 312,378. Values have been changing and have risen £3,780 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £11,458 in last 6 months, £34,970 in last 1 year, £48,532 in last 2 years, £55,380 in last 3 years, £54,347 in last 4 years and £57,779 in last 5 years.
Currently average asking price of a property in Penpool Lane, Welling, DA16 is around £318,367 based on approximately 0 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 Penpool Lane, Welling, DA16 is £312,378. Average asking price is £318,367 while average price paid is £212,250 which is up by £55,380 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 Penpool Lane, Welling, DA16 area. In last 3 years alone average price buyer paid is around £212,250 based on approximately 2 sales in Penpool Lane, Welling, DA16 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £212,250. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £203,500 for 3 per sale.