Sold STC Bungalow

24 EDISON ROAD

WELLING, GREATER LONDON DA16 3NG

2 beds 1 baths 753 sq ft Listed 10 May 2022 (-1509d)

£450,000

Guide Price

Save

# 2 bedroom bungalow for sale (DA16 3NG)

## Property Details

| Key | Value |
|-----|-------|
| Address | 24 EDISON ROAD, WELLING, GREATER LONDON DA16 3NG |
| Price | £450,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | D |
| Construction age | England and Wales: 1930-1949 |
| Floor area | 70 m² |
| Last sold | £470,000 Oct 2022 |

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** B
- **Expiry date:** 10/07/2029
- **Est. upgrade cost to C:** £22,765

### Recommendations
- Q (£4,000 - £14,000)
- W1 (£800 - £1,200)
- E (£15)
- I (£2,200 - £3,000)
- T2 (£400 - £900)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9898-5021-7283-4791-2984)

## Description

** GUIDE PRICE £450,000 - £475,000 **

Acorn are delighted to welcome to the market this spacious two double bedroom detached bungalow on a popular road in Welling.

The accommodation comprises entrance hall, front reception room, two double bedrooms, modern shower room and kitchen/diner.

Externally the property offers a 33ft rear garden with garage.

Edison Road is well located for transport links with Welling Station being within 0.5 miles. There are also a number of good local schools and shops within easy reach. East Wickham Open Space is also within a short walk.

London Borough of Bexley - Council Tax Band D

Energy Efficiency Rating - E

## Property Photos

- ![External ](/listings/photos/123214634/400182) - External 
- ![Lounge ](/listings/photos/123214634/400183) - Lounge 
- ![Kitchen ](/listings/photos/123214634/400186) - Kitchen 
- ![Bedroom ](/listings/photos/123214634/400195) - Bedroom 
- ![Garden ](/listings/photos/123214634/400198) - Garden 
- ![Garden ](/listings/photos/123214634/400199) - Garden 
- ![Bathroom ](/listings/photos/123214634/400201) - Bathroom 
- ![Dining ](/listings/photos/123214634/400203) - Dining 
- ![Dining Area ](/listings/photos/123214634/400205) - Dining Area 
- ![Conservatory ](/listings/photos/123214634/400208) - Conservatory 
- ![Bedroom ](/listings/photos/123214634/400209) - Bedroom 
- ![Bedroom ](/listings/photos/123214634/400213) - Bedroom 
- ![Lounge ](/listings/photos/123214634/400216) - Lounge

## Floorplans

- ![Floorplan ](/listings/photos/123214634/400221) - Floorplan

## EPC Graphs

- ![Energy Performanc...](/listings/photos/123214634/400226) - Energy Performanc...

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 24 EDISON ROAD, WELLING, BEXLEY, GREATER LONDON, DA16 3NG | £470,000 | 28/10/2022 | Semi-detached |
| 24 EDISON ROAD, WELLING, BEXLEY, GREATER LONDON, DA16 3NG | £373,000 | 16/12/2019 | Semi-detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 3 WHITING CLOSE, WELLING, BEXLEY, GREATER LONDON, DA16 3LX | £500,000 | 24/10/2024 | Detached |
| 36 WORDSWORTH ROAD, WELLING, BEXLEY, GREATER LONDON, DA16 3NU | £350,000 | 18/05/2022 | Detached |

**Area average:** £425,000 (2 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £500,000 (1 Detached, DA16, 2024–2026)
- **Deviation:** -10%

## Rental Range

*ONS Price Index of Private Rents (Bexley). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,375/mo
- **Realistic:** £1,528/mo
- **Optimistic:** £1,681/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Outer South East London (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,296/mo

## 1% Rule

- **Rent ratio:** 0.34% (weak for cashflow)
- **Max investor price (0.8%):** £191,000
- **Target investor price (1%):** £152,800

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Price per Square Metre

- **£/m²:** £6,429/m²

## House Price Index (HM Land Registry)

*Official index for Bexley; Detached series; as of March 2026.*

- **1y growth (index):** 2.4%
- **5y growth (index):** 15.2%
- **10y growth (index):** 31.9%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

External Lounge Kitchen Bedroom Garden Garden Bathroom Dining Dining Area Conservatory Bedroom Bedroom Lounge

/ 13

Property details

Tenure

FREEHOLD

Floor area

70 m²

Council tax band

EPC rating

Year built

England and Wales: 1930-1949

Last sold

£470,000 Oct 2022

Price per m²

£6,429/m²

Local average

£500,000 (-10%)

Deprivation

Decile 5 (16,332 of 33,755)

Street crime

307 incidents within 1 mile (Apr 2026)

Key features

Detached Bungalow
Two Bedrooms
Kitchen/Diner
Garage
Close to Amenities
33ft Garden
Shower Room
Energy Efficiency Rating - E

Additional details

Parking: Yes
Garden: Private garden

Description

GUIDE PRICE £450,000 - £475,000

Acorn are delighted to welcome to the market this spacious two double bedroom detached bungalow on a popular road in Welling.

The accommodation comprises entrance hall, front reception room, two double bedrooms, modern shower room and kitchen/diner.

Externally the property offers a 33ft rear garden with garage.

Edison Road is well located for transport links with Welling Station being within 0.5 miles. There are also a number of good local schools and shops within easy reach. East Wickham Open Space is also within a short walk.

London Borough of Bexley - Council Tax Band D

Energy Efficiency Rating - E

Listed by

Welling

Leaders and Romans Group

Reference: 123214634

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: B

Inspection date: 11/07/2019

Expiry date: 10/07/2029

Est. upgrade cost to C: £22,765

EPC E or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

50 mm internal or external wall insulation (£4,000 - £14,000)
Floor insulation (suspended floor) (£800 - £1,200)
Low energy lighting for all fixed outlets (£15)
Replace boiler with new condensing boiler (£2,200 - £3,000)
Flue gas heat recovery in conjunction with boiler (£400 - £900)
Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

Energy Performanc...

Price history

26% since 2019

Event	Date	Price	% change
Sold	28/10/2022 (3 years ago)	£470,000	+26%
Sold	16/12/2019 (6 years ago)	£373,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
3 WHITING CLOSE, WELLING, BEXLEY, GREATER LONDON, DA16 3LX	£500,000	24/10/2024	Detached
36 WORDSWORTH ROAD, WELLING, BEXLEY, GREATER LONDON, DA16 3NU	£350,000	18/05/2022	Detached

Area average: £425,000 (2 sales)

Capital growth trend

House Price Index (HM Land Registry — official index, not sold-price averages): Bexley. Series: Detached. As of March 2026.

1y (index) 2.4%

5y (index) 15.2%

10y (index) 31.9%

Rental Range

Estimated market rent for Bexley. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,375/mo

Realistic £1,528/mo

Optimistic £1,681/mo

Based on Local Authority from postcode lookup → Bexley.

LHA (30th percentile) floor for Outer South East London: £1,296/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View DA16 3NG

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Chaucer Road	0.0 miles
Train station	Welling	0.5 miles
Shop	Budgens	0.5 miles
Shop	Tech & Vape Zone	0.6 miles
Train station	Falconwood	1.1 miles
University	University of Greenwich Avery Hill Campus	1.9 miles
Hospital	Neonatal Unit, L1 Z2	4.4 miles
Hospital	Rainbow Ward	4.5 miles
University	University of Greenwich	4.5 miles

Street-level crime

Category	Count
Violence and sexual offences	83
Anti-social behaviour	74
Shoplifting	33
Vehicle crime	23
Criminal damage and arson	19
Other theft	19
Public order	16
Drugs	15
Burglary	9
Other crime	5
Theft from the person	5
Robbery	3
Possession of weapons	2
Bicycle theft	1
Total incidents	307

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
ADO River Valley School	Other	0.2 miles	Good — 22 Oct 2023
Willow Dene School	Other	0.3 miles	Outstanding — 13 Dec 2022
East Wickham Primary Academy	Primary	0.3 miles	Good — 18 May 2016
Timbercroft Primary School	Primary	0.5 miles	Good — 30 Nov 2012
Rockliffe Manor Primary School	Primary	0.5 miles	Good — 9 Oct 2013

Rental Comparables

Rental listings exist nearby, but none matched the 2-bedroom count for this property.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.34%

Max investor price (0.8%) £191,000

Target investor price (1%) £152,800

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).