According to the public record, Flat 11, Elgar House 20, Kenley is a mid-century leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Elgar House, Station Road, Kenley, CR8.
Station Road, Kenley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 11, Elgar House 20, Kenley has 31 entries in the Land Registry database, most recently in December 2019 and a single entry in the EPC database dated April 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 Flat 11 Elgar House 20 Kenley as £250,511 and the rental value as £1,330 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 11 Elgar House 20 Kenley has increased by £4,040 (1.6%) and its rental value has increased by £62 per month (4.6%).
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 11, Elgar House 20, Kenley is in very good condition we estimate a sale value of £263,037 and rental value of £1,397 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,975 and a rental value of £1,237 per month.
If you were able to purchase this property for the estimated value of £250,511, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,231 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 11, Elgar House 20, Kenley was last sold on 13 Dec 2019 for £245,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2019, the market for similar properties has risen 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Elgar House 20, Kenley within a radius of 690 metres over the last 2 years.
The most recent example is 9 Yateley Court, Hayes Lane, Kenley, CR8 5JS, a Leasehold flat which sold for £292,500 in Nov 2022.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Kenley, CR8 has a total of 37 addresses. According to our analysis of all the public data, Flat 11, Elgar House 20, Kenley is the 28th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £338k less expensive than the average property in CR8.
Flat 11, Elgar House 20, Kenley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 11, Elgar House 20, Kenley is Kenley station which is 100 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 11, Elgar House 20, Kenley, 30.7% of property is socially rented and 23.8% 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 11, Elgar House 20, Kenley, 19.8% of residents are recorded as possessing school level qualifications and 35.1% 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 11, Elgar House 20, Kenley, the average age was 42.1 and the most common age was 52.
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 11, Elgar House 20, Kenley, 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 11, Elgar House 20, Kenley, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.