According to the public record, Flat 7, Hornbeam House 447, South Croydon is a modern apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Hornbeam House, Brighton Road, South Croydon, CR2.
Brighton Road, South Croydon, CR2 is located in the borough of Croydon within the CR2 postal district.
Flat 7, Hornbeam House 447, South Croydon has no records in the Land Registry database and a single entry in the EPC database dated February 2015.
We combine this information with public data 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 7 Hornbeam House 447 South Croydon as £257,408 and the rental value as £1,389 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 7 Hornbeam House 447 South Croydon has increased by £2,084 (0.8%) and its rental value has increased by £48 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 7, Hornbeam House 447, South Croydon is in very good condition we estimate a sale value of £270,278 and rental value of £1,459 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,389 and a rental value of £1,292 per month.
If you were able to purchase this property for the estimated value of £257,408, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,265 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Hornbeam House 447, South Croydon within a radius of 490 metres over the last 2 years.
The most recent example is Flat 153, Rosemont Court, Montpelier Road, Purley, CR8 2QG, a Leasehold flat which sold for £283,000 in Nov 2023.
Read more about house prices in CR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brighton Road, South Croydon, CR2 has a total of 660 addresses. According to our analysis of all the public data, Flat 7, Hornbeam House 447, South Croydon is the 308th largest and the 408th most expensive property on the street.
When compared to the postcode district it is £238k less expensive than the average property in CR2.
Flat 7, Hornbeam House 447, South Croydon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Feb 2015.
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 7, Hornbeam House 447, South Croydon is Purley Oaks 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 7, Hornbeam House 447, South Croydon, 33.1% of property is privately owned with a mortgage and 23.1% is privately owned outright.
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 7, Hornbeam House 447, South Croydon, 25.2% of residents are recorded as possessing school level qualifications and 41.3% 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 7, Hornbeam House 447, South Croydon, the average age was 36.6 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 7, Hornbeam House 447, 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 7, Hornbeam House 447, South Croydon, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.