According to the public record, Flat 5, 83-85, London Road, Croydon is a period leasehold apartment with 660 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 83-85, London Road, Croydon, CR0.
London Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
Flat 5, 83-85, London Road, Croydon has 3 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated March 2012.
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 5 83-85 London Road Croydon as £221,534 and the rental value as £1,241 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 5 83-85 London Road Croydon has increased by £4,758 (2.1%) and its rental value has increased by £35 per month (2.8%).
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 5, 83-85, London Road, Croydon is in very good condition we estimate a sale value of £232,611 and rental value of £1,303 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,027 and a rental value of £1,154 per month.
If you were able to purchase this property for the estimated value of £221,534, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,089 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 5, 83-85, London Road, Croydon was last sold on 08 Oct 2021 for £222,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2021, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 83-85, London Road, Croydon within a radius of 320 metres over the last 2 years.
The most recent example is 52C, Oakfield Road, Croydon, CR0 2UB, a Leasehold flat which sold for £225,000 in Oct 2023.
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 within a 320 metres radius of Flat 5, 83-85, London Road, Croydon over the last 2 years.
Most recently 1, Cobblestone Place, Croydon, CR0 2TX, a Freehold house let by Your Home Managed in Oct 2022.
London Road, Croydon, CR0 has a total of 1337 addresses. According to our analysis of all the public data, Flat 5, 83-85, London Road, Croydon is the 408th largest and the 752nd most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in CR0.
Flat 5, 83-85, London Road, Croydon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Mar 2012.
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 5, 83-85, London Road, 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 5, 83-85, London Road, Croydon, 68.1% of property is socially rented and 16.0% 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 5, 83-85, London Road, Croydon, 15.4% of residents are recorded as possessing school level qualifications and 25.0% 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 5, 83-85, London Road, 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 5, 83-85, London 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 5, 83-85, London Road, Croydon, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.