According to the public record, 116A, Headley Drive, Croydon is a mid-century apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Headley Drive, New Addington, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
116A, Headley Drive, Croydon has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 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 116A Headley Drive Croydon as £179,997 and the rental value as £992 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 116A Headley Drive Croydon has increased by £1,989 (1.1%) and its rental value has increased by £47 per month (4.7%).
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 116A, Headley Drive, Croydon is in very good condition we estimate a sale value of £188,997 and rental value of £1,041 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,397 and a rental value of £922 per month.
If you were able to purchase this property for the estimated value of £179,997, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £885 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, 116A, Headley Drive, Croydon was last sold on 10 Jun 1998 for £90,000 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 116A, Headley Drive, Croydon within a radius of 450 metres over the last 2 years.
The most recent example is 98, Walton Green, Croydon, CR0 0TW, a Leasehold flat which sold for £110,000 in Feb 2013.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Headley Drive, New Addington, Croydon, CR0 has a total of 225 addresses. According to our analysis of all the public data, 116A, Headley Drive, Croydon is the 171st largest and the 219th most expensive property on the street.
When compared to the postcode district it is £194k less expensive than the average property in CR0.
116A, Headley Drive, Croydon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Nov 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 116A, Headley Drive, Croydon is West Wickham station which is 3.2 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 116A, Headley Drive, Croydon, 40.7% of property is socially rented and 21.2% 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 116A, Headley Drive, Croydon, 25.8% of residents are recorded as possessing school level qualifications and 22.5% 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 116A, Headley Drive, Croydon, the average age was 37.8 and the most common age was 12.
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 116A, Headley Drive, 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 116A, Headley Drive, Croydon, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.