According to the public record, Flat 5, Horizon Apartments 11, South Croydon is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Horizon Apartments, South Park Hill Road, South Croydon, CR2.
South Park Hill Road, South Croydon, CR2 is located in the borough of Croydon within the CR2 postal district.
Flat 5, Horizon Apartments 11, South Croydon has a single entry in the Land Registry database from November 2020 and a single entry in the EPC database dated January 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 5 Horizon Apartments 11 South Croydon as £396,615 and the rental value as £1,708 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 5 Horizon Apartments 11 South Croydon has increased by £3,345 (0.8%) and its rental value has increased by £41 per month (2.4%).
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, Horizon Apartments 11, South Croydon is in very good condition we estimate a sale value of £416,445 and rental value of £1,793 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,852 and a rental value of £1,588 per month.
If you were able to purchase this property for the estimated value of £396,615, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,949 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, Horizon Apartments 11, South Croydon was last sold on 05 Nov 2020 for £440,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2020, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Horizon Apartments 11, South Croydon within a radius of 400 metres over the last 2 years.
The most recent example is Flat 4, Marlborough Court 2A, Birdhurst Road, South Croydon, CR2 7EA, a Leasehold flat which sold for £350,000 in May 2024.
Read more about house prices in CR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Park Hill Road, South Croydon, CR2 has a total of 215 addresses. According to our analysis of all the public data, Flat 5, Horizon Apartments 11, South Croydon is the 72nd largest and the 51st most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in CR2.
Flat 5, Horizon Apartments 11, South Croydon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 5, Horizon Apartments 11, South Croydon is South Croydon station which is 300 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, Horizon Apartments 11, South Croydon, 48.5% of property is privately rented and 23.9% 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 5, Horizon Apartments 11, South Croydon, 15.3% of residents are recorded as possessing school level qualifications and 44.8% 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, Horizon Apartments 11, South Croydon, the average age was 46.3 and the most common age was 57.
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, Horizon Apartments 11, South Croydon, 0.3% 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, Horizon Apartments 11, South 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.