According to the public record, 2, Godfrey Court 425, South Croydon is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 630 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Godfrey Court, Brighton Road, South Croydon, CR2.
Brighton Road, South Croydon, CR2 is located in the borough of Croydon within the CR2 postal district.
2, Godfrey Court 425, South Croydon has 21 entries in the Land Registry database, most recently in December 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Godfrey Court 425 South Croydon as £251,711 and the rental value as £1,362 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 2 Godfrey Court 425 South Croydon has increased by £2,038 (0.8%) and its rental value has increased by £47 per month (3.5%).
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 2, Godfrey Court 425, South Croydon is in very good condition we estimate a sale value of £264,296 and rental value of £1,431 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,091 and a rental value of £1,267 per month.
If you were able to purchase this property for the estimated value of £251,711, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,237 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, 2, Godfrey Court 425, South Croydon was last sold on 03 Dec 2007 for £170,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2007, the market for similar properties has risen 46.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Godfrey Court 425, South Croydon within a radius of 460 metres over the last 2 years.
The most recent example is Flat 2, 2, Parrs Close, South Croydon, CR2 0QX, a Leasehold flat which sold for £275,000 in Dec 2022.
Read more about house prices in CR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brighton Road, South Croydon, CR2 has a total of 660 addresses. According to our analysis of all the public data, 2, Godfrey Court 425, South Croydon is the 328th largest and the 417th most expensive property on the street.
When compared to the postcode district it is £244k less expensive than the average property in CR2.
The closest station to 2, Godfrey Court 425, South Croydon is Purley Oaks station which is 200 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 2, Godfrey Court 425, South Croydon, 33.1% of property is privately owned with a mortgage and 23.1% 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 2, Godfrey Court 425, South Croydon, 25.2% of residents are recorded as possessing school level qualifications and 41.3% 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 2, Godfrey Court 425, South Croydon, the average age was 36.6 and the most common age was 32.
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 2, Godfrey Court 425, South 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 2, Godfrey Court 425, South Croydon, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.