According to the public record, 87, Lancaster Road, London is a early-century freehold house with 1,044 ft2 of internal area and sits on a 193 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lancaster Road, London, SE25 is located in the borough of Croydon within the SE25 postal district.
87, Lancaster Road, London has a single entry in the Land Registry database from December 2015 and a single entry in the EPC database dated July 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 87 Lancaster Road London as £577,823 and the rental value as £2,089 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 87 Lancaster Road London has decreased by £4,592 (0.8%) and its rental value has decreased by £21 per month (1.0%).
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 87, Lancaster Road, London is in very good condition we estimate a sale value of £606,714 and rental value of £2,193 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £537,375 and a rental value of £1,942 per month.
If you were able to purchase this property for the estimated value of £577,823, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,840 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, 87, Lancaster Road, London sits on a plot of 193m2.
We have plot size data on 18 out of 25 other houses in the postcode and 87, Lancaster Road, London sits on the 18th largest plot.
According to HM Land Registry, 87, Lancaster Road, London was last sold on 04 Dec 2015 for £465,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2015, the market for similar properties has risen 15.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 87, Lancaster Road, London within a radius of 470 metres over the last 2 years.
The most recent example is 83, Lancaster Road, London, SE25 4BL, a Freehold house which sold for £618,000 in Jan 2023.
Read more about house prices in SE25.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Road, London, SE25 has a total of 248 addresses. According to our analysis of all the public data, 87, Lancaster Road, London is the 33rd largest and the 26th most expensive property on the street.
When compared to the postcode district it is £207k more expensive than the average property in SE25.
87, Lancaster Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jul 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 87, Lancaster Road, London is Norwood Junction station which is 600 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 87, Lancaster Road, London, 52.9% of property is privately owned with a mortgage and 39.7% 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 87, Lancaster Road, London, 19.9% of residents are recorded as possessing school level qualifications and 48.4% 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 87, Lancaster Road, London, the average age was 38.4 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 87, Lancaster Road, London, 0.6% 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 87, Lancaster Road, London, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.