According to the public record, Flat 3, Russell House 58, Croydon is a modern leasehold apartment with 643 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Russell House, Sydenham Road, Croydon, CR0.
Sydenham Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
Flat 3, Russell House 58, Croydon has 2 entries in the Land Registry database, most recently in December 2021 and a single entry in the EPC database dated December 2011.
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 Russell House 58 Croydon as £290,745 and the rental value as £1,424 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 3 Russell House 58 Croydon has decreased by £1,166 (0.4%) and its rental value has increased by £3 per month (0.2%).
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 3, Russell House 58, Croydon is in very good condition we estimate a sale value of £305,282 and rental value of £1,495 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,393 and a rental value of £1,324 per month.
If you were able to purchase this property for the estimated value of £290,745, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,429 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, Russell House 58, Croydon was last sold on 17 Dec 2021 for £255,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Russell House 58, Croydon within a radius of 330 metres over the last 2 years.
The most recent example is Flat 1, Dunedin Court 60, Sydenham Road, Croydon, CR0 2FH, a Leasehold flat which sold for £220,000 in Nov 2022.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to Flat 3, Russell House 58, Croydon within a radius of 330 metres over the last 2 years.
Most recently Flat 73, Santina Apartments 45, Cherry Orchard Road, Croydon, CR0 6FH, a Leasehold flat let by Saint Andrews Bureau in Nov 2022.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sydenham Road, Croydon, CR0 has a total of 647 addresses. According to our analysis of all the public data, Flat 3, Russell House 58, Croydon is the 227th largest and the 323rd most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in CR0.
Flat 3, Russell House 58, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Dec 2011.
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 3, Russell House 58, 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 3, Russell House 58, Croydon, 53.8% of property is privately rented and 20.3% 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 3, Russell House 58, Croydon, 14.9% of residents are recorded as possessing school level qualifications and 28.9% 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, Russell House 58, Croydon, the average age was 33.4 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 3, Russell House 58, 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 3, Russell House 58, 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.