According to the public record, 7, Rodney Close, Croydon is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Rodney Close, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
7, Rodney Close, Croydon has a single entry in the Land Registry database from June 2010 and a single entry in the EPC database dated May 2019.
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 7 Rodney Close Croydon as £214,366 and the rental value as £1,159 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 7 Rodney Close Croydon has increased by £4,604 (2.1%) and its rental value has increased by £33 per month (2.8%).
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 7, Rodney Close, Croydon is in very good condition we estimate a sale value of £225,084 and rental value of £1,217 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,360 and a rental value of £1,078 per month.
If you were able to purchase this property for the estimated value of £214,366, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,054 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 HM Land Registry, 7, Rodney Close, Croydon was last sold on 19 Jun 2010 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2010, the market for similar properties has risen 64.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Rodney Close, Croydon within a radius of 380 metres over the last 2 years.
The most recent example is 1, Rodney Close, Croydon, CR0 3RX, a Leasehold flat which sold for £215,000 in Apr 2021.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 380 metres radius of 7, Rodney Close, Croydon over the last 2 years.
Most recently 1, Cobblestone Place, Croydon, CR0 2TX, a Freehold house let by Your Home Managed in Oct 2022.
Rodney Close, Croydon, CR0 has a total of 33 addresses. According to our analysis of all the public data, 7, Rodney Close, Croydon is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in CR0.
7, Rodney Close, Croydon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 7, Rodney Close, Croydon is West Croydon station which is 300 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 7, Rodney Close, Croydon, 71.3% of property is socially rented and 14.7% is privately rented.
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 7, Rodney Close, Croydon, 28.6% of residents are recorded as possessing school level qualifications and 22.7% 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 7, Rodney Close, Croydon, the average age was 33.4 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 7, Rodney Close, Croydon, 0.0% 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 7, Rodney Close, Croydon, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.