According to the public record, Flat 2, 48, Canning Road, Croydon is a period leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 48, Canning Road, Croydon, CR0.
Canning Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
Flat 2, 48, Canning Road, Croydon has 51 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated April 2018.
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 48 Canning Road Croydon as £254,500 and the rental value as £1,333 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 2 48 Canning Road Croydon has increased by £3,457 (1.4%) and its rental value has increased by £26 per month (2.0%).
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, 48, Canning Road, Croydon is in very good condition we estimate a sale value of £267,225 and rental value of £1,400 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,685 and a rental value of £1,240 per month.
If you were able to purchase this property for the estimated value of £254,500, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,251 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, 48, Canning Road, Croydon was last sold on 13 Jan 2023 for £270,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jan 2023, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 48, Canning Road, Croydon within a radius of 320 metres over the last 2 years.
The most recent example is 54B, Canning Road, Croydon, CR0 6QF, a Leasehold flat which sold for £238,000 in Jul 2022.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Canning Road, Croydon, CR0 has a total of 350 addresses. According to our analysis of all the public data, Flat 2, 48, Canning Road, Croydon is the 179th largest and the 195th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in CR0.
Flat 2, 48, Canning Road, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Apr 2018.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, 48, Canning Road, Croydon is East Croydon station which is 700 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, 48, Canning Road, Croydon, 54.3% of property is privately rented and 20.3% 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, 48, Canning Road, Croydon, 15.6% of residents are recorded as possessing school level qualifications and 52.0% 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, 48, Canning 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 Flat 2, 48, Canning Road, Croydon, 1.0% 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 2, 48, Canning Road, Croydon, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.