According to the public record, 124, Homestead Way, Croydon is a mid-century apartment with 731 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.
124, Homestead Way, Croydon has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2016.
We combine this information with public data 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 124 Homestead Way Croydon as £246,290 and the rental value as £1,353 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 124 Homestead Way Croydon has increased by £2,613 (1.1%) and its rental value has increased by £66 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 124, Homestead Way, Croydon is in very good condition we estimate a sale value of £258,604 and rental value of £1,420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,050 and a rental value of £1,258 per month.
If you were able to purchase this property for the estimated value of £246,290, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,210 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, 124, Homestead Way, Croydon was last sold on 13 Feb 1998 for £53,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 124, 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, 124, Homestead Way, Croydon is the 193rd largest and the 192nd most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in CR0.
124, Homestead Way, Croydon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jun 2016.
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 124, 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 124, 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 124, 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 124, 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 124, 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 124, 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.