According to the public record, 112, Homestead Way, Croydon is a mid-century leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Homestead Way, New Addington, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
112, Homestead Way, Croydon has a single entry in the Land Registry database from March 2017 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 112 Homestead Way Croydon as £251,551 and the rental value as £1,369 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 112 Homestead Way Croydon has increased by £2,669 (1.1%) and its rental value has increased by £67 per month (4.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 112, Homestead Way, Croydon is in very good condition we estimate a sale value of £264,129 and rental value of £1,437 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,943 and a rental value of £1,273 per month.
If you were able to purchase this property for the estimated value of £251,551, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,236 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 112, Homestead Way, Croydon was last sold on 20 Mar 2017 for £182,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2017, the market for similar properties has risen 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 112, Homestead Way, Croydon within a radius of 690 metres over the last 2 years.
The most recent example is 73, Milne Park East, Croydon, CR0 0BE, a Leasehold flat which sold for £275,000 in Mar 2022.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Homestead Way, New Addington, Croydon, CR0 has a total of 246 addresses. According to our analysis of all the public data, 112, Homestead Way, Croydon is the 186th largest and the 186th most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in CR0.
112, Homestead Way, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 May 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 112, Homestead Way, Croydon is Hayes (Kent) station which is 4.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 112, Homestead Way, Croydon, 35.8% of property is socially rented and 30.7% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 112, Homestead Way, Croydon, 20.9% of residents are recorded as possessing school level qualifications and 24.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 112, Homestead Way, Croydon, the average age was 36.8 and the most common age was 12.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 112, Homestead Way, Croydon, 0.3% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 112, Homestead Way, Croydon, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.