According to the public record, 8, Oval Road, Croydon is a period leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 8, Oval Road, Croydon, CR0.
Oval Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
8, Oval Road, Croydon has 31 entries in the Land Registry database, most recently in December 2014 and a single entry in the EPC database dated February 2018.
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 8 Oval Road Croydon as £237,141 and the rental value as £1,084 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Oval Road Croydon has increased by £3,129 (1.3%) and its rental value has increased by £21 per month (1.9%).
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, Oval Road, Croydon is in very good condition we estimate a sale value of £248,998 and rental value of £1,138 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,541 and a rental value of £1,008 per month.
If you were able to purchase this property for the estimated value of £237,141, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,165 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, Oval Road, Croydon was last sold on 15 Dec 2014 for £90,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2014, the market for similar properties has risen 22.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Oval Road, Croydon within a radius of 300 metres over the last 2 years.
The most recent example is 94A, Oval Road, Croydon, CR0 6BL, a Leasehold flat which sold for £280,000 in Jan 2023.
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 300 metres radius of 8, Oval Road, Croydon over the last 2 years.
Most recently Flat 73, Santina Apartments 45, Cherry Orchard Road, Croydon, CR0 6FH, a Leasehold flat let by Saint Andrews Bureau in Nov 2022.
Oval Road, Croydon, CR0 has a total of 267 addresses. According to our analysis of all the public data, 8, Oval Road, Croydon is the 256th largest and the 263rd most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in CR0.
8, Oval Road, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Feb 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 8, Oval Road, Croydon is East Croydon station which is 400 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, Oval Road, Croydon, 47.9% of property is privately rented and 26.4% 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, Oval Road, Croydon, 17.5% of residents are recorded as possessing school level qualifications and 50.0% 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, Oval Road, Croydon, the average age was 36.6 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 8, Oval Road, Croydon, 1.8% 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, Oval Road, Croydon, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.