According to the public record, Flat 3, Meyrick Court 25, Thornton Heath is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Meyrick Court, Dunheved Road West, Thornton Heath, CR7.
Dunheved Road West, Thornton Heath, CR7 is located in the borough of Croydon within the CR7 postal district.
Flat 3, Meyrick Court 25, Thornton Heath has 21 entries in the Land Registry database, most recently in November 2022 and a single entry in the EPC database dated June 2019.
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 3 Meyrick Court 25 Thornton Heath as £218,906 and the rental value as £1,239 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 3 Meyrick Court 25 Thornton Heath has increased by £4,752 (2.2%) and its rental value has increased by £31 per month (2.5%).
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 3, Meyrick Court 25, Thornton Heath is in very good condition we estimate a sale value of £229,852 and rental value of £1,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £203,583 and a rental value of £1,152 per month.
If you were able to purchase this property for the estimated value of £218,906, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,076 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 3, Meyrick Court 25, Thornton Heath was last sold on 07 Nov 2022 for £180,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2022, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Meyrick Court 25, Thornton Heath within a radius of 370 metres over the last 2 years.
The most recent example is Flat 4, Connaught Towers 682-684, London Road, Thornton Heath, CR7 7HU, a Leasehold flat which sold for £216,000 in Dec 2022.
Read more about house prices in CR7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dunheved Road West, Thornton Heath, CR7 has a total of 46 addresses. According to our analysis of all the public data, Flat 3, Meyrick Court 25, Thornton Heath is the 30th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in CR7.
Flat 3, Meyrick Court 25, Thornton Heath has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jun 2019.
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 3, Meyrick Court 25, Thornton Heath is Thornton Heath station which is 1.4 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 3, Meyrick Court 25, Thornton Heath, 52.2% of property is socially rented and 30.8% is privately 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 3, Meyrick Court 25, Thornton Heath, 28.0% of residents are recorded as possessing school level qualifications and 27.0% 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 3, Meyrick Court 25, Thornton Heath, the average age was 33.3 and the most common age was 37.
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 3, Meyrick Court 25, Thornton Heath, 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 3, Meyrick Court 25, Thornton Heath, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.