According to the public record, Flat 2, Gateway Apartments 31, Croydon is a period leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Gateway Apartments, Alpha Road, Croydon, CR0.
Alpha Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
Flat 2, Gateway Apartments 31, Croydon has a single entry in the Land Registry database from September 2006 and a single entry in the EPC database dated December 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 Gateway Apartments 31 Croydon as £293,522 and the rental value as £1,496 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 2 Gateway Apartments 31 Croydon has increased by £3,900 (1.3%) and its rental value has increased by £29 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, Gateway Apartments 31, Croydon is in very good condition we estimate a sale value of £308,198 and rental value of £1,571 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,975 and a rental value of £1,391 per month.
If you were able to purchase this property for the estimated value of £293,522, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,443 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, Gateway Apartments 31, Croydon was last sold on 01 Sep 2006 for £146,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Gateway Apartments 31, Croydon within a radius of 330 metres over the last 2 years.
The most recent example is Flat 2, 44, Alexandra Road, Croydon, CR0 6EU, a Leasehold flat which sold for £290,000 in Jun 2022.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alpha Road, Croydon, CR0 has a total of 48 addresses. According to our analysis of all the public data, Flat 2, Gateway Apartments 31, Croydon is the 39th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £80k less expensive than the average property in CR0.
Flat 2, Gateway Apartments 31, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Dec 2022.
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 2, Gateway Apartments 31, Croydon is East Croydon station which is 600 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, Gateway Apartments 31, Croydon, 41.0% of property is privately rented and 26.5% is privately owned outright.
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, Gateway Apartments 31, Croydon, 21.0% of residents are recorded as possessing school level qualifications and 45.6% 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, Gateway Apartments 31, 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, Gateway Apartments 31, Croydon, 0.5% 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, Gateway Apartments 31, Croydon, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.