According to the public record, 367, Lower Addiscombe Road, Croydon is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 762 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Lower Addiscombe Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
367, Lower Addiscombe Road, Croydon has a single entry in the Land Registry database from February 2023 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 367 Lower Addiscombe Road Croydon as £251,872 and the rental value as £1,371 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 367 Lower Addiscombe Road Croydon has increased by £3,569 (1.4%) and its rental value has increased by £23 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 367, Lower Addiscombe Road, Croydon is in very good condition we estimate a sale value of £264,465 and rental value of £1,440 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,241 and a rental value of £1,275 per month.
If you were able to purchase this property for the estimated value of £251,872, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,238 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, 367, Lower Addiscombe Road, Croydon was last sold on 10 Feb 2023 for £305,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2023, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 367, Lower Addiscombe Road, Croydon within a radius of 460 metres over the last 2 years.
The most recent example is Ground Floor Flat, 373, Lower Addiscombe Road, Croydon, CR0 6RJ, a Leasehold flat which sold for £277,000 in Feb 2018.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Addiscombe Road, Croydon, CR0 has a total of 936 addresses. According to our analysis of all the public data, 367, Lower Addiscombe Road, Croydon is the 322nd largest and the 543rd most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in CR0.
The closest station to 367, Lower Addiscombe Road, Croydon is Norwood Junction station which is 1.7 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 367, Lower Addiscombe Road, Croydon, 45.0% of property is privately rented and 22.9% 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 367, Lower Addiscombe Road, Croydon, 24.5% of residents are recorded as possessing school level qualifications and 33.9% 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 367, Lower Addiscombe Road, Croydon, the average age was 41.4 and the most common age was 57.
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 367, Lower Addiscombe Road, Croydon, 0.5% 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 367, Lower Addiscombe Road, Croydon, 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.