Values have been changing and have risen £2,915 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,835 in last 6 months, £26,964 in last 1 year, £37,421 in last 2 years, £42,701 in last 3 years, £41,909 in last 4 years and £44,557 in last 5 years.
Currently average asking price of a property in Queens Road, Welling, DA16 is around £318,367 based on approximately 4 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 Queens Road, Welling, DA16 is £255,076. Average asking price is £318,367 while average price paid is £206,875 which is up by £26,964 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 Queens Road, Welling, DA16 area. In last 1 year alone average price buyer paid is around £206,875 based on approximately 4 sales in Queens Road, Welling, DA16 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £186,437. 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 £175,250 for 10 and average amount paid for purchase of approx. 13 properties sold in last 7 years comes to about £171,153 per sale.