Values have been changing and have risen £2,967 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,991 in last 6 months, £27,441 in last 1 year, £38,083 in last 2 years, £43,457 in last 3 years, £42,649 in last 4 years and £45,345 in last 5 years.
Currently average asking price of a property in Upper Wickham Lane, 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 Upper Wickham Lane, Welling, DA16 is £249,881. Average asking price is £318,367 while average price paid is £171,600 which is up by £27,441 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 Upper Wickham Lane, Welling, DA16 area. In last 1 year alone average price buyer paid is around £171,600 based on approximately 5 sales in Upper Wickham Lane, Welling, DA16 area alone. If you compare it to last 3 years sales of 23 properties where buyers paid around £177,750. 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 £173,534 for 36 and average amount paid for purchase of approx. 56 properties sold in last 7 years comes to about £174,999 per sale.