According to the public record, Flat 4, Jasmine Lodge 2A, South Croydon is a modern leasehold apartment with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Jasmine Lodge, West Hill, South Croydon, CR2.
West Hill, South Croydon, CR2 is located in the borough of Croydon within the CR2 postal district.
Flat 4, Jasmine Lodge 2A, South Croydon has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated February 2020.
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 good condition, we estimate the current sale value for Flat 4 Jasmine Lodge 2A South Croydon as £549,430 and the rental value as £2,324 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 4 Jasmine Lodge 2A South Croydon has increased by £4,434 (0.8%) and its rental value has increased by £80 per month (3.5%).
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 4, Jasmine Lodge 2A, South Croydon is in very good condition we estimate a sale value of £576,901 and rental value of £2,440 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £510,969 and a rental value of £2,161 per month.
If you were able to purchase this property for the estimated value of £549,430, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,700 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 4, Jasmine Lodge 2A, South Croydon was last sold on 25 Jun 2021 for £600,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Jasmine Lodge 2A, South Croydon within a radius of 620 metres over the last 2 years.
The most recent example is Flat 6, Jasmine Lodge 2A, West Hill, South Croydon, CR2 0SA, a Leasehold flat which sold for £600,000 in Dec 2020.
Read more about house prices in CR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
West Hill, South Croydon, CR2 has a total of 118 addresses. According to our analysis of all the public data, Flat 4, Jasmine Lodge 2A, South Croydon is the 74th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in CR2.
Flat 4, Jasmine Lodge 2A, South Croydon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Feb 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 4, Jasmine Lodge 2A, South Croydon is Sanderstead station which is 400 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 4, Jasmine Lodge 2A, South Croydon, 52.6% of property is privately owned outright and 37.1% 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 4, Jasmine Lodge 2A, South Croydon, 15.1% of residents are recorded as possessing school level qualifications and 54.6% 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 4, Jasmine Lodge 2A, South Croydon, the average age was 44 and the most common age was 42.
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 4, Jasmine Lodge 2A, South Croydon, 2.0% 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 4, Jasmine Lodge 2A, South Croydon, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.