According to the public record, 60, Sorrel Bank, Croydon is a mid-century freehold house with 592 ft2 of internal area and sits on a 136 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Sorrel Bank, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
60, Sorrel Bank, Croydon has a single entry in the Land Registry database from July 2016 and a single entry in the EPC database dated December 2015.
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 60 Sorrel Bank Croydon as £288,083 and the rental value as £1,512 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 60 Sorrel Bank Croydon has increased by £6,607 (2.3%) and its rental value has increased by £76 per month (5.0%).
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 60, Sorrel Bank, Croydon is in very good condition we estimate a sale value of £302,487 and rental value of £1,588 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,917 and a rental value of £1,407 per month.
If you were able to purchase this property for the estimated value of £288,083, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,416 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, 60, Sorrel Bank, Croydon sits on a plot of 136m2.
We have plot size data on 17 out of 32 other houses in the postcode and 60, Sorrel Bank, Croydon sits on the 10th largest plot.
According to HM Land Registry, 60, Sorrel Bank, Croydon was last sold on 08 Jul 2016 for £305,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2016, the market for similar properties has risen 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Sorrel Bank, Croydon within a radius of 510 metres over the last 2 years.
The most recent example is 30, Sorrel Bank, Croydon, CR0 9LU, a Freehold house which sold for £300,000 in Jul 2021.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sorrel Bank, Croydon, CR0 has a total of 182 addresses. According to our analysis of all the public data, 60, Sorrel Bank, Croydon is the 142nd largest and the 119th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in CR0.
60, Sorrel Bank, Croydon has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Dec 2015.
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 60, Sorrel Bank, Croydon is Sanderstead station which is 3.4 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 60, Sorrel Bank, Croydon, 35.0% of property is privately owned with a mortgage and 32.5% 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 60, Sorrel Bank, Croydon, 25.5% of residents are recorded as possessing school level qualifications and 34.3% 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 60, Sorrel Bank, Croydon, the average age was 40.4 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 60, Sorrel Bank, 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 60, Sorrel Bank, Croydon, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.