73, FARADAY ROAD, WELLING, DA16 2ET - £310,000

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.

73 FARADAY ROAD is a small flat of 56m², built sometime between 1930 and 1949, which could now be worth an estimated £293,760. It was last sold for £310,000 in November 2022, which was around 21% above the average November 2022 flat price in the Bexley local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

73 FARADAY ROAD Sold Prices

Land registry data shows four sales for 73 FARADAY ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Bexley local authority area for the corresponding sale date. Most of the four 73 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
2022 26 NOV	£310,000	£256,994	21% above HPI
2021 7 OCT	£9,000	£239,651	96% below HPI
2012 1 JUN	£175,000	£135,478	29% above HPI
2007 3 AUG	£161,000	£151,686	6% above HPI

What might 73 FARADAY ROAD be worth now?

73 FARADAY ROAD might now be worth an estimated £293,760.

This is based on house price deflation of 5.2%, between November 2022 and May 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 5.2% deflationary decrease is applied to the most recent sale price for 73 FARADAY ROAD of £310,000 on 26th November 2022. For the value to have decreased from £310,000 to £293,760 over the four years and six months to May 2026, the following assumptions must hold true:

• The value of 73 FARADAY ROAD has moved in line with the HPI for flats in the Bexley local authority area.
• The November 2022 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 73 FARADAY ROAD has not materially changed since November 2022.

How Large is 73 FARADAY ROAD?

73 FARADAY ROAD is 56m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 40% of flats in London, based on EPC data. 38% of flats are smaller than 73 FARADAY ROAD, and 60% of flats are larger. Note that EPC data is not available for all properties in London.

73 FARADAY ROAD: Plot

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

Where is 73 FARADAY ROAD?

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