According to the public record, 8, Fiveacre Close, Thornton Heath is a modern apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Fiveacre Close, Thornton Heath, CR7 is located in the borough of Croydon within the CR7 postal district.
8, Fiveacre Close, Thornton Heath has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2022.
We combine this information with public data 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 8 Fiveacre Close Thornton Heath as £212,474 and the rental value as £1,064 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 8 Fiveacre Close Thornton Heath has increased by £5,908 (2.8%) and its rental value has increased by £33 per month (3.1%).
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 8, Fiveacre Close, Thornton Heath is in very good condition we estimate a sale value of £223,098 and rental value of £1,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,601 and a rental value of £990 per month.
If you were able to purchase this property for the estimated value of £212,474, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,044 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, 8, Fiveacre Close, Thornton Heath was last sold on 14 Jan 2003 for £113,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Fiveacre Close, Thornton Heath within a radius of 330 metres over the last 2 years.
The most recent example is Flat 34, City House 420, London Road, Croydon, CR0 2NS, a Leasehold flat which sold for £175,000 in Dec 2018.
Read more about house prices in CR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fiveacre Close, Thornton Heath, CR7 has a total of 25 addresses. According to our analysis of all the public data, 8, Fiveacre Close, Thornton Heath is the 23rd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £173k less expensive than the average property in CR7.
8, Fiveacre Close, Thornton Heath has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Mar 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric ceiling heating.
The closest station to 8, Fiveacre Close, Thornton Heath is West Croydon station which is 1.3 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 8, Fiveacre Close, Thornton Heath, 53.1% of property is privately rented and 30.0% is socially 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 8, Fiveacre Close, Thornton Heath, 29.7% of residents are recorded as possessing school level qualifications and 33.3% 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 8, Fiveacre Close, Thornton Heath, the average age was 33.3 and the most common age was 37.
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 8, Fiveacre Close, Thornton Heath, 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 8, Fiveacre Close, Thornton Heath, 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.