According to the public record, Flat 1, 7, Colworth Road, Croydon is a period leasehold apartment with 644 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 7, Colworth Road, Croydon, CR0.
Colworth Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
Flat 1, 7, Colworth Road, Croydon has 51 entries in the Land Registry database, most recently in February 2020 and a single entry in the EPC database dated January 2011.
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 7 Colworth Road Croydon as £281,630 and the rental value as £1,516 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 1 7 Colworth Road Croydon has increased by £3,124 (1.1%) and its rental value has increased by £25 per month (1.6%).
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, 7, Colworth Road, Croydon is in very good condition we estimate a sale value of £295,712 and rental value of £1,592 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,916 and a rental value of £1,410 per month.
If you were able to purchase this property for the estimated value of £281,630, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,384 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, 7, Colworth Road, Croydon was last sold on 03 Feb 2020 for £275,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Feb 2020, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 7, Colworth Road, Croydon within a radius of 400 metres over the last 2 years.
The most recent example is Flat 18, Kenley House, Ashburton Road, Croydon, CR0 6AQ, a Leasehold flat which sold for £267,500 in Jun 2022.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colworth Road, Croydon, CR0 has a total of 34 addresses. According to our analysis of all the public data, Flat 1, 7, Colworth Road, Croydon is the 18th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in CR0.
Flat 1, 7, Colworth Road, Croydon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jan 2011.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, 7, Colworth Road, Croydon is East Croydon station which is 1.5 kilometres 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, 7, Colworth Road, Croydon, 31.2% of property is privately rented and 26.8% 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 Flat 1, 7, Colworth Road, Croydon, 21.9% of residents are recorded as possessing school level qualifications and 43.4% 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, 7, Colworth Road, Croydon, the average age was 41.4 and the most common age was 57.
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, 7, Colworth Road, Croydon, 1.1% 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, 7, Colworth Road, Croydon, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.