According to the public record, 38, Farnley Road, London is a period leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 38, Farnley Road, London, SE25.
Farnley Road, London, SE25 is located in the borough of Croydon within the SE25 postal district.
38, Farnley Road, London has 21 entries in the Land Registry database, most recently in March 2016 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 38 Farnley Road London as £335,749 and the rental value as £1,586 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 38 Farnley Road London has increased by £3,564 (1.1%) and its rental value has increased by £16 per month (1.0%).
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 38, Farnley Road, London is in very good condition we estimate a sale value of £352,536 and rental value of £1,665 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,247 and a rental value of £1,475 per month.
If you were able to purchase this property for the estimated value of £335,749, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,650 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, 38, Farnley Road, London was last sold on 11 Mar 2016 for £240,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2016, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Farnley Road, London within a radius of 380 metres over the last 2 years.
The most recent example is Upper Floor, 28, Farnley Road, London, SE25 6NZ, a Leasehold flat which sold for £325,000 in Apr 2024.
Read more about house prices in SE25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farnley Road, London, SE25 has a total of 138 addresses. According to our analysis of all the public data, 38, Farnley Road, London is the 95th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in SE25.
38, Farnley Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 May 2021.
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 38, Farnley Road, London is Selhurst station which is 600 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 38, Farnley Road, London, 50.0% of property is privately rented and 24.4% 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 38, Farnley Road, London, 28.7% of residents are recorded as possessing school level qualifications and 37.9% 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 38, Farnley Road, London, the average age was 37.3 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 38, Farnley Road, London, 0.2% 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 38, Farnley Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.