According to the public record, 1A, Nodia Mansions 7, Thornton Heath is a modern leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Nodia Mansions, Heath Road, Thornton Heath, CR7.
Heath Road, Thornton Heath, CR7 is located in the borough of Croydon within the CR7 postal district.
1A, Nodia Mansions 7, Thornton Heath has 2 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated May 2021.
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 1A Nodia Mansions 7 Thornton Heath as £391,216 and the rental value as £1,573 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 1A Nodia Mansions 7 Thornton Heath has increased by £5,986 (1.5%) and its rental value has increased by £28 per month (1.8%).
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 1A, Nodia Mansions 7, Thornton Heath is in very good condition we estimate a sale value of £410,777 and rental value of £1,652 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £363,831 and a rental value of £1,463 per month.
If you were able to purchase this property for the estimated value of £391,216, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,923 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, 1A, Nodia Mansions 7, Thornton Heath was last sold on 08 Apr 2022 for £370,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A, Nodia Mansions 7, Thornton Heath within a radius of 340 metres over the last 2 years.
The most recent example is 7B, Sandfield Road, Thornton Heath, CR7 8AW, a Leasehold flat which sold for £395,000 in Aug 2023.
Read more about house prices in CR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heath Road, Thornton Heath, CR7 has a total of 107 addresses. According to our analysis of all the public data, 1A, Nodia Mansions 7, Thornton Heath is the 48th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in CR7.
1A, Nodia Mansions 7, Thornton Heath has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to 1A, Nodia Mansions 7, Thornton Heath is Thornton Heath station which is 400 metres 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 1A, Nodia Mansions 7, Thornton Heath, 42.0% of property is privately rented and 25.5% is privately owned with a mortgage.
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 1A, Nodia Mansions 7, Thornton Heath, 22.0% of residents are recorded as possessing school level qualifications and 36.2% 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 1A, Nodia Mansions 7, Thornton Heath, the average age was 36.2 and the most common age was 52.
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 1A, Nodia Mansions 7, Thornton Heath, 0.0% 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 1A, Nodia Mansions 7, Thornton Heath, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.