71, FARADAY ROAD, WELLING, DA16 2ET - £180,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

71 FARADAY ROAD is a midsized flat of 58m², built sometime between 1950 and 1966, which could now be worth an estimated £286,492. It was last sold for £180,000 in July 2007, which was around 18% above the average July 2007 flat price in the Bexley local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was C.

71 FARADAY ROAD Sold Prices

Land registry data shows three sales for 71 FARADAY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Bexley local authority area for the corresponding sale date. All of the three 71 FARADAY ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 13 JUL	£180,000	£152,391	18% above HPI
2001 23 FEB	£98,000	£76,971	27% above HPI
1998 3 JUL	£66,000	£55,676	19% above HPI

What might 71 FARADAY ROAD be worth now?

71 FARADAY ROAD might now be worth an estimated £286,492.

This is based on house price inflation of 59.2%, between July 2007 and April 2026, for flats, in the Bexley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.2% inflationary increase is applied to the most recent sale price for 71 FARADAY ROAD of £180,000 on 13th July 2007. For the value to have increased from £180,000 to £286,492 over the nineteen years and three months to April 2026, the following assumptions must hold true:

• The value of 71 FARADAY ROAD has moved in line with the HPI for flats in the Bexley local authority area.
• The July 2007 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 71 FARADAY ROAD has not materially changed since July 2007.

How Large is 71 FARADAY ROAD?

71 FARADAY ROAD is 58m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 50% of flats in London, based on EPC data. 42% of flats are smaller than 71 FARADAY ROAD, and 57% of flats are larger. Note that EPC data is not available for all properties in London.

71 FARADAY ROAD: Plot

71 FARADAY ROAD sits on a plot of roughly 0.191 of an acre, or 773m².

Where is 71 FARADAY ROAD?

71 FARADAY ROAD is located in WELLING, in the DA16 postcode district.