According to the public record, Flat 8, The Cascades 18, Kenley is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony and garden.
The apartment is in The Cascades, Valley Road, Kenley, CR8.
Valley Road, Kenley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 8, The Cascades 18, Kenley has 2 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated December 2016.
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 The Cascades 18 Kenley as £288,340 and the rental value as £1,375 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 8 The Cascades 18 Kenley has increased by £2,843 (1.0%) and its rental value has increased by £55 per month (4.0%).
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, The Cascades 18, Kenley is in very good condition we estimate a sale value of £302,757 and rental value of £1,444 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,156 and a rental value of £1,279 per month.
If you were able to purchase this property for the estimated value of £288,340, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,417 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, The Cascades 18, Kenley was last sold on 23 Jun 2017 for £278,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2017, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, The Cascades 18, Kenley within a radius of 900 metres over the last 2 years.
The most recent example is Flat 9, Nightingales 16, Valley Road, Kenley, CR8 5DG, a Leasehold flat which sold for £260,000 in Sep 2023.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Valley Road, Kenley, CR8 has a total of 228 addresses. According to our analysis of all the public data, Flat 8, The Cascades 18, Kenley is the 210th largest and the 199th most expensive property on the street.
When compared to the postcode district it is £301k less expensive than the average property in CR8.
Flat 8, The Cascades 18, Kenley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Dec 2016.
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, The Cascades 18, Kenley is Kenley 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, The Cascades 18, Kenley, 30.7% of property is socially rented and 23.8% 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, The Cascades 18, Kenley, 19.8% of residents are recorded as possessing school level qualifications and 35.1% 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, The Cascades 18, Kenley, the average age was 42.1 and the most common age was 52.
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, The Cascades 18, Kenley, 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, The Cascades 18, Kenley, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.