According to the public record, Flat 8, New Place, Croydon is a mid-century leasehold apartment with 502 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in New Place, Addington Village Road, Croydon, CR0.
Addington Village Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
Flat 8, New Place, Croydon has 31 entries in the Land Registry database, most recently in April 2013 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 8 New Place Croydon as £231,490 and the rental value as £1,303 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 8 New Place Croydon has increased by £2,725 (1.2%) and its rental value has increased by £55 per month (4.2%).
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, New Place, Croydon is in very good condition we estimate a sale value of £243,065 and rental value of £1,368 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,286 and a rental value of £1,212 per month.
If you were able to purchase this property for the estimated value of £231,490, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,138 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, New Place, Croydon was last sold on 02 Apr 2013 for £132,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2013, the market for similar properties has risen 51.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, New Place, Croydon within a radius of 950 metres over the last 2 years.
The most recent example is Flat 6, New Place, Addington Village Road, Croydon, CR0 5AQ, a Leasehold flat which sold for £200,000 in Feb 2024.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Addington Village Road, Croydon, CR0 has a total of 56 addresses. According to our analysis of all the public data, Flat 8, New Place, Croydon is the 55th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in CR0.
Flat 8, New Place, Croydon has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Mar 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to Flat 8, New Place, Croydon is West Wickham station which is 2.7 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, New Place, Croydon, 51.5% of property is privately owned outright and 33.8% 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, New Place, Croydon, 14.2% of residents are recorded as possessing school level qualifications and 35.8% 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 8, New Place, Croydon, the average age was 40.4 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 8, New Place, Croydon, 1.3% 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 8, New Place, Croydon, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.