According to the public record, 21B, Elgin Road, Croydon is a period leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 21, Elgin Road, Croydon, CR0.
Elgin Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
21B, Elgin Road, Croydon has a single entry in the Land Registry database from August 2020 and a single entry in the EPC database dated April 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 21B Elgin Road Croydon as £253,293 and the rental value as £1,305 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 21B Elgin Road Croydon has increased by £3,440 (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 21B, Elgin Road, Croydon is in very good condition we estimate a sale value of £265,958 and rental value of £1,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,563 and a rental value of £1,213 per month.
If you were able to purchase this property for the estimated value of £253,293, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,245 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, 21B, Elgin Road, Croydon was last sold on 21 Aug 2020 for £270,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2020, 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 21B, Elgin Road, Croydon within a radius of 330 metres over the last 2 years.
The most recent example is 48A, Clyde Road, Croydon, CR0 6SU, a Leasehold flat which sold for £240,000 in Apr 2023.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elgin Road, Croydon, CR0 has a total of 212 addresses. According to our analysis of all the public data, 21B, Elgin Road, Croydon is the 102nd largest and the 110th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in CR0.
21B, Elgin Road, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Apr 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 21B, Elgin Road, Croydon is East Croydon station which is 900 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 21B, Elgin Road, Croydon, 60.7% of property is privately rented and 22.1% 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 21B, Elgin Road, Croydon, 18.9% of residents are recorded as possessing school level qualifications and 45.5% 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 21B, Elgin Road, Croydon, the average age was 36.6 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 21B, Elgin Road, Croydon, 0.3% 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 21B, Elgin 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.