According to the public record, 40, Welcomes Road, Kenley is a mid-century freehold house with 2,755 ft2 of internal area and sits on a 900 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Welcomes Road, Kenley, CR8 is located in the borough of Croydon within the CR8 postal district.
40, Welcomes Road, Kenley has a single entry in the Land Registry database from January 2019 and a single entry in the EPC database dated June 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 Welcomes Road Kenley as £1,202,216 and the rental value as £3,137 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 40 Welcomes Road Kenley has decreased by £26,036 (2.2%) and its rental value has increased by £24 per month (0.8%).
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, Welcomes Road, Kenley is in very good condition we estimate a sale value of £1,262,327 and rental value of £3,294 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,118,061 and a rental value of £2,918 per month.
If you were able to purchase this property for the estimated value of £1,202,216, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,909 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, Welcomes Road, Kenley sits on a plot of 900m2.
We have plot size data on 26 out of 33 other houses in the postcode and 40, Welcomes Road, Kenley sits on the 24th largest plot.
According to HM Land Registry, 40, Welcomes Road, Kenley was last sold on 29 Jan 2019 for £1,069,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2019, the market for similar properties has risen 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Welcomes Road, Kenley within a radius of 780 metres over the last 2 years.
The most recent example is 38, Kenley Lane, Kenley, CR8 5DD, a Freehold house which sold for £950,000 in Oct 2018.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welcomes Road, Kenley, CR8 has a total of 143 addresses. According to our analysis of all the public data, 40, Welcomes Road, Kenley is the 41st largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £613k more expensive than the average property in CR8.
40, Welcomes Road, Kenley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jun 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 40, Welcomes Road, Kenley is Kenley station which is 500 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 40, Welcomes Road, Kenley, 33.8% of property is privately owned with a mortgage and 31.8% 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 40, Welcomes Road, Kenley, 23.3% of residents are recorded as possessing school level qualifications and 51.4% 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, Welcomes Road, Kenley, the average age was 42.1 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 40, Welcomes Road, Kenley, 0.8% 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, Welcomes Road, Kenley, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.