According to the public record, 54B, Canning Road, Croydon is a period leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 54, Canning Road, Croydon, CR0.
Canning Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
54B, Canning Road, Croydon has 31 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated January 2014.
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 54B Canning Road Croydon as £249,393 and the rental value as £1,314 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 54B Canning Road Croydon has increased by £3,387 (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 54B, Canning Road, Croydon is in very good condition we estimate a sale value of £261,863 and rental value of £1,380 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,936 and a rental value of £1,222 per month.
If you were able to purchase this property for the estimated value of £249,393, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,226 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, 54B, Canning Road, Croydon was last sold on 29 Jul 2022 for £238,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54B, Canning Road, Croydon within a radius of 320 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.
Canning Road, Croydon, CR0 has a total of 350 addresses. According to our analysis of all the public data, 54B, Canning Road, Croydon is the 190th largest and the 215th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in CR0.
54B, Canning Road, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jan 2014.
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 54B, Canning Road, Croydon is East Croydon station which is 700 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 54B, Canning Road, Croydon, 54.3% of property is privately rented and 20.3% 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 54B, Canning Road, Croydon, 15.6% of residents are recorded as possessing school level qualifications and 52.0% 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 54B, Canning 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 54B, Canning Road, Croydon, 1.0% 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 54B, Canning Road, Croydon, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.