According to the public record, 43B, Morland Avenue, Croydon is a period leasehold apartment with 936 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 43, Morland Avenue, Croydon, CR0.
Morland Avenue, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
43B, Morland Avenue, Croydon has 31 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated October 2020.
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 43B Morland Avenue Croydon as £327,547 and the rental value as £1,626 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 43B Morland Avenue Croydon has increased by £4,971 (1.5%) and its rental value has increased by £34 per month (2.1%).
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 43B, Morland Avenue, Croydon is in very good condition we estimate a sale value of £343,924 and rental value of £1,707 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,619 and a rental value of £1,512 per month.
If you were able to purchase this property for the estimated value of £327,547, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,610 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, 43B, Morland Avenue, Croydon was last sold on 02 Jul 2021 for £270,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2021, the market for similar properties has dropped 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43B, Morland Avenue, Croydon within a radius of 350 metres over the last 2 years.
The most recent example is 8A, Vincent Road, Croydon, CR0 6ED, a Leasehold flat which sold for £352,000 in Jun 2021.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morland Avenue, Croydon, CR0 has a total of 90 addresses. According to our analysis of all the public data, 43B, Morland Avenue, Croydon is the 23rd largest and the 26th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in CR0.
43B, Morland Avenue, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Oct 2020.
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 43B, Morland Avenue, 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 43B, Morland Avenue, Croydon, 50.5% of property is privately rented and 25.2% is privately owned outright.
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 43B, Morland Avenue, Croydon, 13.8% of residents are recorded as possessing school level qualifications and 44.3% 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 43B, Morland Avenue, 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 43B, Morland Avenue, 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 43B, Morland Avenue, 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.