According to the public record, 29, Oak Bank, Croydon is a mid-century leasehold apartment with 1,011 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Oak Bank, New Addington, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
29, Oak Bank, Croydon has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated January 2014.
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 29 Oak Bank Croydon as £244,692 and the rental value as £1,319 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 29 Oak Bank Croydon has increased by £1,161 (0.5%) and its rental value has increased by £56 per month (4.3%).
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 29, Oak Bank, Croydon is in very good condition we estimate a sale value of £256,927 and rental value of £1,385 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,564 and a rental value of £1,226 per month.
If you were able to purchase this property for the estimated value of £244,692, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,203 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, 29, Oak Bank, Croydon was last sold on 14 Nov 2022 for £257,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has dropped 5.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 29, Oak Bank, Croydon within a radius of 520 metres over the last 2 years.
The most recent example is 175, Brierley, Croydon, CR0 9DS, a Leasehold flat which sold for £225,000 in Jul 2018.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Bank, New Addington, Croydon, CR0 has a total of 142 addresses. According to our analysis of all the public data, 29, Oak Bank, Croydon is the 5th largest and the 108th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in CR0.
29, Oak Bank, Croydon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jan 2014.
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 29, Oak Bank, Croydon is Hayes (Kent) station which is 2.8 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 29, Oak Bank, Croydon, 65.8% of property is socially rented and 18.3% 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 29, Oak Bank, Croydon, 31.0% of residents are recorded as possessing school level qualifications and 23.7% 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 29, Oak Bank, Croydon, the average age was 32.8 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 29, Oak Bank, Croydon, 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 29, Oak Bank, Croydon, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.