According to the public record, Flat 8, Cumberland Court 21, Croydon is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Cumberland Court, Cross Road, Croydon, CR0.
Cross Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
Flat 8, Cumberland Court 21, Croydon has a single entry in the Land Registry database from March 2016 and a single entry in the EPC database dated November 2022.
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 Cumberland Court 21 Croydon as £228,260 and the rental value as £1,280 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 8 Cumberland Court 21 Croydon has increased by £3,384 (1.5%) and its rental value has increased by £27 per month (2.1%).
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, Cumberland Court 21, Croydon is in very good condition we estimate a sale value of £239,673 and rental value of £1,345 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,282 and a rental value of £1,191 per month.
If you were able to purchase this property for the estimated value of £228,260, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,122 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, Cumberland Court 21, Croydon was last sold on 31 Mar 2016 for £183,300 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has dropped 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Cumberland Court 21, Croydon within a radius of 300 metres over the last 2 years.
The most recent example is Flat 43, Cumberland Court 21, Cross Road, Croydon, CR0 6TE, a Leasehold flat which sold for £221,000 in Jan 2021.
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 300 metres radius of Flat 8, Cumberland Court 21, Croydon over the last 2 years.
Most recently Flat 73, Santina Apartments 45, Cherry Orchard Road, Croydon, CR0 6FH, a Leasehold flat let by Saint Andrews Bureau in Nov 2022.
Cross Road, Croydon, CR0 has a total of 222 addresses. According to our analysis of all the public data, Flat 8, Cumberland Court 21, Croydon is the 163rd largest and the 126th most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in CR0.
Flat 8, Cumberland Court 21, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Nov 2022.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 8, Cumberland Court 21, Croydon is East Croydon station which is 500 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 8, Cumberland Court 21, Croydon, 47.9% of property is privately rented and 26.4% 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 8, Cumberland Court 21, Croydon, 17.5% of residents are recorded as possessing school level qualifications and 50.0% 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 8, Cumberland Court 21, 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, Cumberland Court 21, Croydon, 1.8% 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, Cumberland Court 21, Croydon, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.