According to the public record, 42A, Lancing Road, Croydon is a period leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 42, Lancing Road, Croydon, CR0.
Lancing Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
42A, Lancing Road, Croydon has 41 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated February 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 42A Lancing Road Croydon as £250,747 and the rental value as £1,449 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 42A Lancing Road Croydon has increased by £4,242 (1.7%) and its rental value has increased by £33 per month (2.3%).
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 42A, Lancing Road, Croydon is in very good condition we estimate a sale value of £263,284 and rental value of £1,521 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,195 and a rental value of £1,347 per month.
If you were able to purchase this property for the estimated value of £250,747, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,232 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, 42A, Lancing Road, Croydon was last sold on 23 Jun 2017 for £220,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2017, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42A, Lancing Road, Croydon within a radius of 370 metres over the last 2 years.
The most recent example is 74A, Lancing Road, Croydon, CR0 3EL, a Leasehold flat which sold for £215,000 in Oct 2023.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancing Road, Croydon, CR0 has a total of 99 addresses. According to our analysis of all the public data, 42A, Lancing Road, Croydon is the 47th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in CR0.
42A, Lancing Road, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Feb 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 42A, Lancing Road, Croydon is West Croydon station which is 1.5 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 42A, Lancing Road, Croydon, 45.0% of property is privately owned with a mortgage and 30.8% 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 42A, Lancing Road, Croydon, 27.1% of residents are recorded as possessing school level qualifications and 40.0% 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 42A, Lancing Road, Croydon, the average age was 35.2 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 42A, Lancing Road, 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 42A, Lancing Road, 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.