According to the public record, 56, Palace View, Croydon is a early-century freehold house with 1,442 ft2 of internal area and sits on a 383 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Palace View, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
56, Palace View, Croydon has 21 entries in the Land Registry database, most recently in November 2014 and a single entry in the EPC database dated April 2014.
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 56 Palace View Croydon as £639,568 and the rental value as £2,457 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 56 Palace View Croydon has decreased by £16,842 (2.6%) and its rental value has increased by £18 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 56, Palace View, Croydon is in very good condition we estimate a sale value of £671,547 and rental value of £2,580 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £594,799 and a rental value of £2,285 per month.
If you were able to purchase this property for the estimated value of £639,568, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,143 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, 56, Palace View, Croydon sits on a plot of 383m2.
We have plot size data on 14 out of 29 other houses in the postcode and 56, Palace View, Croydon sits on the 9th largest plot.
According to HM Land Registry, 56, Palace View, Croydon was last sold on 17 Nov 2014 for £480,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2014, the market for similar properties has risen 22.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Palace View, Croydon within a radius of 700 metres over the last 2 years.
The most recent example is 84, Palace View, Croydon, CR0 8QN, a Freehold house which sold for £645,000 in Oct 2023.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palace View, Croydon, CR0 has a total of 82 addresses. According to our analysis of all the public data, 56, Palace View, Croydon is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £266k more expensive than the average property in CR0.
56, Palace View, Croydon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Apr 2014.
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 56, Palace View, Croydon is West Wickham station which is 2.1 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 56, Palace View, Croydon, 61.7% of property is privately owned outright and 34.2% 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 56, Palace View, Croydon, 17.3% of residents are recorded as possessing school level qualifications and 35.6% 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 56, Palace View, Croydon, the average age was 38 and the most common age was 12.
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 56, Palace View, Croydon, 1.7% 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 56, Palace View, Croydon, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.