According to the public record, Flat 2A, 27-29, Nicholson Road, Croydon is a modern leasehold apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 27-29, Nicholson Road, Croydon, CR0.
Nicholson Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
Flat 2A, 27-29, Nicholson Road, Croydon has a single entry in the Land Registry database from July 2020 and a single entry in the EPC database dated February 2024.
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 2A 27-29 Nicholson Road Croydon as £180,937 and the rental value as £1,056 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 2A 27-29 Nicholson Road Croydon has increased by £3,727 (2.1%) and its rental value has increased by £28 per month (2.7%).
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 2A, 27-29, Nicholson Road, Croydon is in very good condition we estimate a sale value of £189,984 and rental value of £1,108 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,272 and a rental value of £982 per month.
If you were able to purchase this property for the estimated value of £180,937, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £889 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 2A, 27-29, Nicholson Road, Croydon was last sold on 09 Jul 2020 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2020, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2A, 27-29, Nicholson Road, Croydon within a radius of 330 metres over the last 2 years.
The most recent example is Flat 6, 88, Outram Road, Croydon, CR0 6XF, a Leasehold flat which sold for £220,000 in May 2023.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nicholson Road, Croydon, CR0 has a total of 88 addresses. According to our analysis of all the public data, Flat 2A, 27-29, Nicholson Road, Croydon is the 77th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £193k less expensive than the average property in CR0.
Flat 2A, 27-29, Nicholson Road, Croydon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Feb 2024.
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 2A, 27-29, Nicholson Road, Croydon is East Croydon station which is 1.2 kilometres 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 2A, 27-29, Nicholson Road, Croydon, 56.9% of property is privately rented and 19.4% 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 2A, 27-29, Nicholson Road, Croydon, 15.2% of residents are recorded as possessing school level qualifications and 41.6% 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 2A, 27-29, Nicholson 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 2A, 27-29, Nicholson Road, Croydon, 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 2A, 27-29, Nicholson 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.