According to the public record, 5A, The Parade, Croydon is a period leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The Parade, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
5A, The Parade, Croydon has a single entry in the Land Registry database from May 2008 and a single entry in the EPC database dated March 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 5A The Parade Croydon as £286,725 and the rental value as £1,420 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 5A The Parade Croydon has increased by £4,298 (1.5%) and its rental value has increased by £31 per month (2.2%).
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 5A, The Parade, Croydon is in very good condition we estimate a sale value of £301,061 and rental value of £1,491 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,654 and a rental value of £1,321 per month.
If you were able to purchase this property for the estimated value of £286,725, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,409 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, 5A, The Parade, Croydon was last sold on 02 May 2008 for £105,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 67.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5A, The Parade, Croydon within a radius of 480 metres over the last 2 years.
The most recent example is 285, Franklin Way, Croydon, CR0 4UY, a Leasehold flat which sold for £252,000 in May 2024.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Parade, Croydon, CR0 has a total of 9 addresses. According to our analysis of all the public data, 5A, The Parade, Croydon is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in CR0.
5A, The Parade, Croydon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Mar 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 5A, The Parade, Croydon is West Croydon station which is 1.9 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 5A, The Parade, Croydon, 37.8% of property is privately owned with a mortgage and 27.4% 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 5A, The Parade, Croydon, 26.9% of residents are recorded as possessing school level qualifications and 34.9% 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 5A, The Parade, 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 5A, The Parade, Croydon, 0.7% 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 5A, The Parade, 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.