According to the public record, First Floor Flat, 38, Morland Road, Croydon is a mid-century leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 38, Morland Road, Croydon, CR0.
Morland Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
First Floor Flat, 38, Morland Road, Croydon has 2 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated March 2021.
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 First Floor Flat 38 Morland Road Croydon as £344,055 and the rental value as £1,598 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of First Floor Flat 38 Morland Road Croydon has increased by £5,221 (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 First Floor Flat, 38, Morland Road, Croydon is in very good condition we estimate a sale value of £361,257 and rental value of £1,678 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,971 and a rental value of £1,486 per month.
If you were able to purchase this property for the estimated value of £344,055, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,691 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, First Floor Flat, 38, Morland Road, Croydon was last sold on 17 Jun 2022 for £350,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 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 First Floor Flat, 38, Morland Road, Croydon within a radius of 350 metres over the last 2 years.
The most recent example is Flat 5, 2, Nihill Place, Croydon, CR0 6FQ, a Leasehold flat which sold for £325,000 in Dec 2023.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morland Road, Croydon, CR0 has a total of 398 addresses. According to our analysis of all the public data, First Floor Flat, 38, Morland Road, Croydon is the 121st largest and the 164th most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in CR0.
First Floor Flat, 38, Morland Road, Croydon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Mar 2021.
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 First Floor Flat, 38, Morland 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 First Floor Flat, 38, Morland Road, Croydon, 79.1% of property is socially rented and 15.5% 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 First Floor Flat, 38, Morland Road, Croydon, 23.8% of residents are recorded as possessing school level qualifications and 25.7% 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 First Floor Flat, 38, Morland 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 First Floor Flat, 38, Morland Road, 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 First Floor Flat, 38, Morland 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.