According to the public record, 223, Parchmore Road, Thornton Heath is a early-century leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Parchmore Road, Thornton Heath, CR7 is located in the borough of Croydon within the CR7 postal district.
223, Parchmore Road, Thornton Heath has 21 entries in the Land Registry database, most recently in March 2013 and a single entry in the EPC database dated January 2024.
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 223 Parchmore Road Thornton Heath as £328,659 and the rental value as £1,468 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 223 Parchmore Road Thornton Heath has increased by £4,608 (1.4%) and its rental value has increased by £25 per month (1.7%).
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 223, Parchmore Road, Thornton Heath is in very good condition we estimate a sale value of £345,092 and rental value of £1,541 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,653 and a rental value of £1,365 per month.
If you were able to purchase this property for the estimated value of £328,659, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,615 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, 223, Parchmore Road, Thornton Heath was last sold on 28 Mar 2013 for £136,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2013, the market for similar properties has risen 72.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 223, Parchmore Road, Thornton Heath within a radius of 420 metres over the last 2 years.
The most recent example is 84, Windsor Road, Thornton Heath, CR7 8HF, a Leasehold flat which sold for £360,000 in Aug 2023.
Read more about house prices in CR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parchmore Road, Thornton Heath, CR7 has a total of 498 addresses. According to our analysis of all the public data, 223, Parchmore Road, Thornton Heath is the 291st largest and the 161st most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in CR7.
223, Parchmore Road, Thornton Heath has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jan 2024.
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 223, Parchmore Road, Thornton Heath is Thornton Heath station which is 900 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 223, Parchmore Road, Thornton Heath, 31.2% of property is privately owned with a mortgage and 28.4% 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 223, Parchmore Road, Thornton Heath, 29.6% of residents are recorded as possessing school level qualifications and 30.8% 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 223, Parchmore Road, 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 223, Parchmore Road, 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 223, Parchmore Road, Thornton Heath, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.