According to the public record, 118B, Lodge Road, Croydon is a period leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 118, Lodge Road, Croydon, CR0.
Lodge Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
118B, Lodge Road, Croydon has 31 entries in the Land Registry database, most recently in May 2007 and a single entry in the EPC database dated May 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 118B Lodge Road Croydon as £379,885 and the rental value as £1,660 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 118B Lodge Road Croydon has increased by £5,355 (1.4%) and its rental value has increased by £28 per month (1.7%).
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 118B, Lodge Road, Croydon is in very good condition we estimate a sale value of £398,879 and rental value of £1,743 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,293 and a rental value of £1,544 per month.
If you were able to purchase this property for the estimated value of £379,885, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,867 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, 118B, Lodge Road, Croydon was last sold on 01 May 2007 for £160,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2007, the market for similar properties has risen 62.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 118B, Lodge Road, Croydon within a radius of 360 metres over the last 2 years.
The most recent example is 2, Canmore Court 113, Queens Road, Croydon, CR0 2PT, a Leasehold flat which sold for £361,500 in Dec 2020.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lodge Road, Croydon, CR0 has a total of 176 addresses. According to our analysis of all the public data, 118B, Lodge Road, Croydon is the 63rd largest and the 49th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in CR0.
118B, Lodge Road, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2023.
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 118B, Lodge Road, Croydon is West Croydon station which is 1.2 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 118B, Lodge Road, Croydon, 51.8% of property is privately rented and 19.6% is privately owned with a mortgage.
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 118B, Lodge Road, Croydon, 24.4% of residents are recorded as possessing school level qualifications and 37.1% 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 118B, Lodge Road, Croydon, the average age was 33.3 and the most common age was 37.
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 118B, Lodge Road, Croydon, 0.5% 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 118B, Lodge Road, Croydon, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.