According to the public record, 123A, King Henrys Drive, Croydon is a mid-century leasehold apartment with 725 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 123, King Henrys Drive, New Addington, Croydon, CR0.
King Henrys Drive, New Addington, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
123A, King Henrys Drive, Croydon has a single entry in the Land Registry database from August 2011 and a single entry in the EPC database dated October 2010.
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 123A King Henrys Drive Croydon as £262,035 and the rental value as £1,442 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 123A King Henrys Drive Croydon has increased by £1,027 (0.4%) and its rental value has increased by £61 per month (4.2%).
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 123A, King Henrys Drive, Croydon is in very good condition we estimate a sale value of £275,137 and rental value of £1,514 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,693 and a rental value of £1,341 per month.
If you were able to purchase this property for the estimated value of £262,035, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,288 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, 123A, King Henrys Drive, Croydon was last sold on 12 Aug 2011 for £163,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2011, the market for similar properties has risen 55.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 123A, King Henrys Drive, Croydon within a radius of 490 metres over the last 2 years.
The most recent example is 83, King Henrys Drive, Croydon, CR0 0PH, a Leasehold flat which sold for £270,000 in Feb 2020.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
King Henrys Drive, New Addington, Croydon, CR0 has a total of 429 addresses. According to our analysis of all the public data, 123A, King Henrys Drive, Croydon is the 366th largest and the 368th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in CR0.
123A, King Henrys Drive, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 2010.
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 123A, King Henrys Drive, Croydon is Hayes (Kent) station which is 3.4 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 123A, King Henrys Drive, Croydon, 35.4% of property is privately owned with a mortgage and 31.9% 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 123A, King Henrys Drive, Croydon, 24.2% of residents are recorded as possessing school level qualifications and 19.0% 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 123A, King Henrys 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 123A, King Henrys Drive, Croydon, 0.2% 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 123A, King Henrys Drive, Croydon, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.