According to the public record, 40, Tower View, Croydon is a early-century freehold house with 1,291 ft2 of internal area and sits on a 265 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Tower View, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
40, Tower View, Croydon has a single entry in the Land Registry database from December 2018 and a single entry in the EPC database dated May 2018.
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 40 Tower View Croydon as £597,098 and the rental value as £2,373 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 40 Tower View Croydon has decreased by £13,640 (2.3%) and its rental value has increased by £1 per month (0.1%).
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 40, Tower View, Croydon is in very good condition we estimate a sale value of £626,953 and rental value of £2,491 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £555,302 and a rental value of £2,206 per month.
If you were able to purchase this property for the estimated value of £597,098, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,935 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 data from HM Land Registry, 40, Tower View, Croydon sits on a plot of 265m2.
We have plot size data on 17 out of 33 other houses in the postcode and 40, Tower View, Croydon sits on the 12th largest plot.
According to HM Land Registry, 40, Tower View, Croydon was last sold on 14 Dec 2018 for £487,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2018, the market for similar properties has risen 11.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Tower View, Croydon within a radius of 610 metres over the last 2 years.
The most recent example is 97, Tower View, Croydon, CR0 7PZ, a Freehold house which sold for £560,000 in Nov 2023.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tower View, Croydon, CR0 has a total of 127 addresses. According to our analysis of all the public data, 40, Tower View, Croydon is the 22nd largest and the 20th most expensive property on the street.
When compared to the postcode district it is £223k more expensive than the average property in CR0.
40, Tower View, Croydon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 May 2018.
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 40, Tower View, Croydon is Eden Park station which is 1.8 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 40, Tower View, Croydon, 47.9% of property is privately owned outright and 42.9% 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 40, Tower View, Croydon, 17.2% of residents are recorded as possessing school level qualifications and 32.6% 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 40, Tower View, Croydon, the average age was 42.8 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 40, Tower View, 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 40, Tower View, Croydon, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.