According to the public record, 2A, Lamberts Place, Croydon is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 2, Lamberts Place, Croydon, CR0.
Lamberts Place, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
2A, Lamberts Place, Croydon has 2 entries in the Land Registry database, most recently in April 2018 and a single entry in the EPC database dated November 2023.
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 2A Lamberts Place Croydon as £212,008 and the rental value as £1,113 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 2A Lamberts Place Croydon has increased by £4,331 (2.0%) and its rental value has increased by £30 per month (2.7%).
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 2A, Lamberts Place, Croydon is in very good condition we estimate a sale value of £222,608 and rental value of £1,169 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,167 and a rental value of £1,035 per month.
If you were able to purchase this property for the estimated value of £212,008, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,042 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, 2A, Lamberts Place, Croydon was last sold on 18 Apr 2018 for £194,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2018, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Lamberts Place, Croydon within a radius of 330 metres over the last 2 years.
The most recent example is 32A, Alexandra Road, Croydon, CR0 6EU, a Leasehold flat which sold for £216,000 in Mar 2024.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lamberts Place, Croydon, CR0 has a total of 21 addresses. According to our analysis of all the public data, 2A, Lamberts Place, Croydon is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in CR0.
2A, Lamberts Place, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Nov 2023.
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 2A, Lamberts Place, Croydon is East Croydon 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 2A, Lamberts Place, Croydon, 53.8% of property is privately rented and 20.3% is socially rented.
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 2A, Lamberts Place, Croydon, 14.9% of residents are recorded as possessing school level qualifications and 28.9% 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 2A, Lamberts Place, Croydon, the average age was 33.4 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 2A, Lamberts Place, 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 2A, Lamberts Place, Croydon, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.