According to the public record, 55, Melfort Road, Thornton Heath is a period freehold house with 1,313 ft2 of internal area and sits on a 181 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Melfort Road, Thornton Heath, CR7 is located in the borough of Croydon within the CR7 postal district.
55, Melfort Road, Thornton Heath has 21 entries in the Land Registry database, most recently in September 2007 and a single entry in the EPC database dated February 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 55 Melfort Road Thornton Heath as £418,233 and the rental value as £2,037 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 55 Melfort Road Thornton Heath has increased by £1,950 (0.5%) and its rental value has increased by £14 per month (0.7%).
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 55, Melfort Road, Thornton Heath is in very good condition we estimate a sale value of £439,144 and rental value of £2,138 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,957 and a rental value of £1,894 per month.
If you were able to purchase this property for the estimated value of £418,233, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,055 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, 55, Melfort Road, Thornton Heath sits on a plot of 181m2.
We have plot size data on 8 out of 17 other houses in the postcode and 55, Melfort Road, Thornton Heath sits on the 10th largest plot.
According to HM Land Registry, 55, Melfort Road, Thornton Heath was last sold on 25 Sep 2007 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2007, the market for similar properties has risen 86.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Melfort Road, Thornton Heath within a radius of 360 metres over the last 2 years.
The most recent example is 87, Melfort Road, Thornton Heath, CR7 7RT, a Freehold house which sold for £425,000 in Jun 2023.
Read more about house prices in CR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melfort Road, Thornton Heath, CR7 has a total of 408 addresses. According to our analysis of all the public data, 55, Melfort Road, Thornton Heath is the 83rd largest and the 144th most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in CR7.
55, Melfort Road, Thornton Heath has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Feb 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 55, Melfort Road, Thornton Heath is Thornton Heath station which is 100 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 55, Melfort Road, Thornton Heath, 37.2% of property is privately rented and 22.1% 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 55, Melfort Road, Thornton Heath, 19.9% of residents are recorded as possessing school level qualifications and 41.2% 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 55, Melfort Road, Thornton Heath, 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 55, Melfort Road, Thornton Heath, 1.2% 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 55, Melfort Road, Thornton Heath, 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.