According to the public record, Flat 8, 32, Outram Road, Croydon is a mid-century leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 32, Outram Road, Croydon, CR0.
Outram Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
Flat 8, 32, Outram Road, Croydon has 3 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated August 2023.
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 8 32 Outram Road Croydon as £226,889 and the rental value as £1,153 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 8 32 Outram Road Croydon has increased by £4,673 (2.1%) and its rental value has increased by £31 per month (2.7%).
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 8, 32, Outram Road, Croydon is in very good condition we estimate a sale value of £238,234 and rental value of £1,211 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,007 and a rental value of £1,072 per month.
If you were able to purchase this property for the estimated value of £226,889, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,115 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 8, 32, Outram Road, Croydon was last sold on 24 Mar 2023 for £180,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2023, the market for similar properties has risen 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 32, Outram Road, Croydon within a radius of 390 metres over the last 2 years.
The most recent example is Flat 8, Brook House 33, Havelock Road, Croydon, CR0 6QQ, a Leasehold flat which sold for £220,000 in Jun 2023.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Outram Road, Croydon, CR0 has a total of 229 addresses. According to our analysis of all the public data, Flat 8, 32, Outram Road, Croydon is the 186th largest and the 168th most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in CR0.
Flat 8, 32, Outram Road, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Aug 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 8, 32, Outram Road, Croydon is East Croydon station which is 1.1 kilometres 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 8, 32, Outram Road, Croydon, 43.3% of property is privately rented and 24.1% 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 8, 32, Outram Road, Croydon, 14.1% of residents are recorded as possessing school level qualifications and 46.1% 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 8, 32, Outram Road, 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 8, 32, Outram 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 8, 32, Outram Road, 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.