According to the public record, 8, Oakmont Close, Kenley is a modern freehold house with 1,065 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oakmont Close, Kenley, CR8 is located in the borough of Croydon within the CR8 postal district.
8, Oakmont Close, Kenley has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated March 2022.
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 good condition, we estimate the current sale value for 8 Oakmont Close Kenley as £558,453 and the rental value as £2,442 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 8 Oakmont Close Kenley has increased by £12,678 (2.3%) and its rental value has increased by £131 per month (5.4%).
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, Oakmont Close, Kenley is in very good condition we estimate a sale value of £586,375 and rental value of £2,564 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £519,361 and a rental value of £2,271 per month.
If you were able to purchase this property for the estimated value of £558,453, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,745 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, Oakmont Close, Kenley was last sold on 14 Jun 2022 for £600,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Oakmont Close, Kenley within a radius of 750 metres over the last 2 years.
The most recent example is 4, Oakmont Close, Kenley, CR8 5FQ, a Freehold house which sold for £600,000 in Apr 2022.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakmont Close, Kenley, CR8 has a total of 8 addresses. According to our analysis of all the public data, 8, Oakmont Close, Kenley is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in CR8.
8, Oakmont Close, Kenley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 8, Oakmont Close, Kenley is Kenley station which is 700 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 8, Oakmont Close, Kenley, 46.6% of property is privately owned outright and 42.4% 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 8, Oakmont Close, Kenley, 10.4% of residents are recorded as possessing school level qualifications and 42.8% 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, Oakmont Close, Kenley, the average age was 42.1 and the most common age was 52.
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, Oakmont Close, Kenley, 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 8, Oakmont Close, Kenley, there are an average of 1.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.