According to the public record, 4A, Parsons Mead, Croydon is a period leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 4, Parsons Mead, Croydon, CR0.
Parsons Mead, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
4A, Parsons Mead, Croydon has a single entry in the Land Registry database from March 2012 and a single entry in the EPC database dated January 2024.
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 4A Parsons Mead Croydon as £227,554 and the rental value as £1,265 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 4A Parsons Mead Croydon has increased by £3,171 (1.4%) and its rental value has increased by £26 per month (2.0%).
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 4A, Parsons Mead, Croydon is in very good condition we estimate a sale value of £238,932 and rental value of £1,328 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,625 and a rental value of £1,177 per month.
If you were able to purchase this property for the estimated value of £227,554, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,118 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, 4A, Parsons Mead, Croydon was last sold on 27 Mar 2012 for £65,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2012, the market for similar properties has risen 70.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4A, Parsons Mead, Croydon within a radius of 360 metres over the last 2 years.
The most recent example is Flat 3, 62, London Road, Croydon, CR0 2TB, a Leasehold flat which sold for £268,000 in Mar 2022.
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 2 lets within a 360 metres radius of 4A, Parsons Mead, Croydon over the last 2 years.
Most recently Flat 264, Pinnacle Apartments 11, Saffron Central Square, Croydon, CR0 2GH, a Leasehold flat let by Your Home Managed in May 2024.
Parsons Mead, Croydon, CR0 has a total of 85 addresses. According to our analysis of all the public data, 4A, Parsons Mead, Croydon is the 35th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in CR0.
4A, Parsons Mead, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jan 2024.
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 4A, Parsons Mead, Croydon is West Croydon station which is 300 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 4A, Parsons Mead, Croydon, 68.1% of property is socially rented and 16.0% is privately 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 4A, Parsons Mead, Croydon, 15.4% of residents are recorded as possessing school level qualifications and 25.0% 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 4A, Parsons Mead, 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 4A, Parsons Mead, 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 4A, Parsons Mead, Croydon, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.