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Falconwood & Welling House Prices Falconwood & Welling House Prices

The average house price in Falconwood & Welling is £489,692 using HM Land Registry data.

The average property price increased by £63,159 (15.67%) over the last 5 years and increased by £12,652 (2.79%) over the last 12 months.

Over the last year, there were 155 residential property sales – a decrease of 11 transactions (-7.10%) relative to the previous year. The majority of house sales (55) were in the £400,000 - £470,000 range. Then came properties in the £330,000 - £400,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 183 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,314 (-2%).

In January 2025, there were 19 new estate agency instructions, 20 agreed home sales and 14 property price reductions.

Neighbouring Areas: Bexleyheath, East Wickham, Sidcup, Eltham

Postcodes Covered: DA15, DA16, SE9

5-Year Average Property Prices in Falconwood & Welling

15.67%

Property prices in Falconwood & Welling increased by 15.67% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Falconwood & Welling Over the Last Year

2.79%

Property prices in Falconwood & Welling increased by 2.79% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Falconwood & Welling - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Falconwood & Welling

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Falconwood & Welling

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Falconwood & Welling

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Falconwood & Welling since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Falconwood & Welling area since 1995.

Recent Property Sales in Falconwood & Welling

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 South Gipsy Road, Welling, Greater London, DA16 1HP£450,000£430,000-£20,00022 Aug 202412 Dec 2024112 Days
58 Granville Road, Welling, Greater London, DA16 1SQ£475,000£442,500-£32,50028 Feb 202411 Dec 2024287 Days
152 Radnor Avenue, Welling, Greater London, DA16 2BY£490,000£485,000-£5,00008 Apr 202402 Dec 2024238 Days
27 Bradenham Avenue, Welling, Greater London, DA16 2JQ£390,000£390,000£007 May 202420 Aug 2024105 Days
11 St Michaels Road, Welling, Greater London, DA16 2AH£525,000£505,000-£20,00026 Mar 202412 Aug 2024139 Days
6 Dorset Avenue, Welling, Greater London, DA16 2PX£425,000£405,000-£20,00014 Feb 202406 Aug 2024174 Days
54 Westwood Lane, Welling, Greater London, DA16 2HQ£585,000£570,000-£15,00029 Sep 202319 Jul 2024294 Days
2 Woodville Grove, Welling, Greater London, DA16 3QA£130,000£130,000£021 Sep 202319 Jul 2024302 Days
68 Westwood Lane, Welling, Greater London, DA16 2HH£620,000£617,500-£2,50011 Mar 202409 Jul 2024120 Days
11 Faraday Road, Welling, Greater London, DA16 2ET£500,000£500,000£014 Dec 202328 Jun 2024197 Days
35 Cambridge Avenue, Welling, Greater London, DA16 2PH£725,000£712,000-£13,00005 Feb 202420 Jun 2024136 Days
128 Radnor Avenue, Welling, Greater London, DA16 2BY£450,000£400,000-£50,00026 Dec 202331 May 2024157 Days
121 Radnor Avenue, Welling, Greater London, DA16 2DA£380,000£377,500-£2,50026 Sep 202307 May 2024224 Days
91 Buckingham Avenue, Welling, Greater London, DA16 2NB£390,000£370,000-£20,00022 Dec 202329 Apr 2024129 Days
46 Marne Avenue, Welling, Greater London, DA16 2EY£515,000£515,000£002 Aug 202326 Apr 2024268 Days
216 Sutherland Avenue, Welling, Greater London, DA16 2NH£650,000£650,000£030 Oct 202325 Apr 2024178 Days
22 Fairwater Avenue, Welling, Greater London, DA16 2HY£515,000£503,000-£12,00011 Oct 202319 Apr 2024191 Days
49 Wellan Close, Sidcup, Greater London, DA15 9PN£360,000£360,000£010 Jan 202418 Apr 202499 Days
16 Westmoreland Avenue, Welling, Greater London, DA16 2QD£425,000£425,000£015 Jan 202412 Apr 202488 Days
263 Yorkland Avenue, Welling, Greater London, DA16 2LH£450,000£445,000-£5,00012 Oct 202309 Apr 2024180 Days

Most Expensive Streets in Falconwood & Welling

PostcodeStreetAreaAverageNo. of Sales
DA16 1RUDanson MeadWelling£836,4005
DA16 2HQWestwood LaneWelling£658,7504
DA16 2APSelwyn CrescentWelling£623,7504
DA16 2ANSelwyn CrescentWelling£621,6663
DA16 2ARDanson CrescentWelling£608,3333
DA16 1SHMoat CroftWelling£601,0005
DA16 2HXLancelot RoadWelling£598,5717
DA16 2ESMaxwell RoadWelling£594,3005
DA16 2EPCavendish AvenueWelling£585,1003
DA16 2LXBuckingham AvenueWelling£581,6005

Least Expensive Streets in Falconwood & Welling

PostcodeStreetAreaAverageNo. of Sales
DA16 3QAWoodville GroveWelling£158,36025
DA16 1ABEmbassy CourtWelling High Street, Welling£164,5905
DA16 1TAMckinlay CourtPark View Road£189,0318
DA16 2AEPenpool LaneWelling£222,5004
DA16 1SLSharnbrooke CloseWelling£239,1258
DA16 1RXPark View RoadWelling£248,0003
DA16 1SJPark View RoadWelling£264,4003
DA16 3PGBellegrove RoadWelling£290,3333
DA16 2QQMillbrook AvenueWelling£302,4005
DA16 3DNStation Approach SouthWelling£306,6663

Explore Falconwood & Welling and Neighbouring Area House Prices

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