According to the public record, Flat 1, 38, Bensham Lane, Croydon is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 38, Bensham Lane, Croydon, CR0.
Bensham Lane, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
Flat 1, 38, Bensham Lane, Croydon has 3 entries in the Land Registry database, most recently in December 2023 and a single entry in the EPC database dated June 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 Flat 1 38 Bensham Lane Croydon as £270,230 and the rental value as £1,426 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 1 38 Bensham Lane Croydon has increased by £5,182 (1.9%) and its rental value has increased by £33 per month (2.3%).
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 Flat 1, 38, Bensham Lane, Croydon is in very good condition we estimate a sale value of £283,742 and rental value of £1,498 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,314 and a rental value of £1,327 per month.
If you were able to purchase this property for the estimated value of £270,230, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,328 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, Flat 1, 38, Bensham Lane, Croydon was last sold on 15 Dec 2023 for £284,650 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2023, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 38, Bensham Lane, Croydon within a radius of 290 metres over the last 2 years.
The most recent example is 30B, Lodge Road, Croydon, CR0 2PB, a Leasehold flat which sold for £280,000 in Dec 2023.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bensham Lane, Croydon, CR0 has a total of 165 addresses. According to our analysis of all the public data, Flat 1, 38, Bensham Lane, Croydon is the 108th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in CR0.
Flat 1, 38, Bensham Lane, Croydon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jun 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 Flat 1, 38, Bensham Lane, Croydon is West 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 Flat 1, 38, Bensham Lane, Croydon, 34.5% of property is privately rented and 28.4% is socially 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 Flat 1, 38, Bensham Lane, Croydon, 30.1% of residents are recorded as possessing school level qualifications and 38.1% 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 Flat 1, 38, Bensham Lane, 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 Flat 1, 38, Bensham Lane, 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 Flat 1, 38, Bensham Lane, Croydon, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.