As updated by Your Home Managed in May 2024, Flat 264, Pinnacle Apartments 11, Croydon is a modern 986 year lease apartment with 538 ft2 of internal area comprising 1 bedroom .
There are 986 years remaining on the lease.
The apartment is in Pinnacle Apartments, Saffron Central Square, Croydon, CR0.
Saffron Central Square, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
Based on both the data supplied by Your Home Managed and the public information available in the area, we estimate the current sale value for Flat 264 Pinnacle Apartments 11 Croydon as £278,293 and the rental value as £1,445 per month giving an expected gross yield of 6.2%.
Your Home Managed described the decorative condition as fair in May 2024.
Over the last 12 months the sale value of Flat 264 Pinnacle Apartments 11 Croydon has increased by £4,439 (1.6%) and its rental value has increased by £32 per month (2.2%).
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 264, Pinnacle Apartments 11, Croydon is in very good condition we estimate a sale value of £292,208 and rental value of £1,517 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,813 and a rental value of £1,344 per month.
If you were able to purchase this property for the estimated value of £278,293, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,368 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 264, Pinnacle Apartments 11, Croydon was last sold on 10 Apr 2017 for £318,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2017, the market for similar properties has dropped 3.5%
According to Your Home Managed , Flat 264, Pinnacle Apartments 11, Croydon was let once since 2021 with the latest being in May 2024 for an undisclosed price.
Since May 2024, the market values of similar properties has risen -0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 264, Pinnacle Apartments 11, Croydon within a radius of 250 metres over the last 2 years.
The most recent example is Flat 67, Tennyson Apartments 1, Saffron Central Square, Croydon, CR0 2FW, a Leasehold flat which sold for £92,000 in Jan 2024.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Saffron Central Square, Croydon, CR0 has a total of 783 addresses. According to our analysis of all the public data, Flat 264, Pinnacle Apartments 11, Croydon is the 367th largest and the 404th most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in CR0.
Flat 264, Pinnacle Apartments 11, Croydon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Feb 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 264, Pinnacle Apartments 11, Croydon is West Croydon station which is 200 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 264, Pinnacle Apartments 11, Croydon, 55.0% of property is privately rented and 17.6% is socially rented.
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 264, Pinnacle Apartments 11, Croydon, 20.8% of residents are recorded as possessing school level qualifications and 50.4% 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 264, Pinnacle Apartments 11, Croydon, the average age was 46.3 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 264, Pinnacle Apartments 11, Croydon, 0.3% 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 264, Pinnacle Apartments 11, 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.