According to the public record, Flat 2, 2, Luna Road, Thornton Heath is a early-century leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 2, Luna Road, Thornton Heath, CR7.
Luna Road, Thornton Heath, CR7 is located in the borough of Croydon within the CR7 postal district.
Flat 2, 2, Luna Road, Thornton Heath has a single entry in the Land Registry database from January 2007 and a single entry in the EPC database dated July 2022.
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 2 2 Luna Road Thornton Heath as £275,746 and the rental value as £1,165 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 2 2 Luna Road Thornton Heath has increased by £4,230 (1.5%) and its rental value has increased by £20 per month (1.8%).
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 2, 2, Luna Road, Thornton Heath is in very good condition we estimate a sale value of £289,533 and rental value of £1,223 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,444 and a rental value of £1,083 per month.
If you were able to purchase this property for the estimated value of £275,746, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,355 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 2, 2, Luna Road, Thornton Heath was last sold on 22 Jan 2007 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2007, the market for similar properties has risen 71.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 2, Luna Road, Thornton Heath within a radius of 350 metres over the last 2 years.
The most recent example is Flat 3, 16, Liverpool Road, Thornton Heath, CR7 8LS, a Leasehold flat which sold for £240,000 in Oct 2023.
Read more about house prices in CR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Luna Road, Thornton Heath, CR7 has a total of 60 addresses. According to our analysis of all the public data, Flat 2, 2, Luna Road, Thornton Heath is the 55th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in CR7.
Flat 2, 2, Luna Road, Thornton Heath has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2022.
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 2, 2, Luna Road, Thornton Heath is Thornton Heath station which is 500 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 2, 2, Luna Road, Thornton Heath, 30.6% of property is privately owned outright and 28.8% 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 2, 2, Luna Road, Thornton Heath, 21.4% of residents are recorded as possessing school level qualifications and 39.8% 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 2, 2, Luna Road, Thornton Heath, the average age was 37.6 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 2, 2, Luna Road, Thornton Heath, 0.6% 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 2, 2, Luna Road, Thornton Heath, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.