124, Mersham Road
124, Mersham Road
Description & Estimates
According to the public record, 124, Mersham Road, Thornton Heath is a period leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 124, Mersham Road, Thornton Heath is £337,291 and the estimated rental value is £1,899 per month.
Mersham Road, Thornton Heath, CR7 is located in the borough of Croydon within the CR7 postal district.
Our Data Sources
124, Mersham Road, Thornton Heath has 31 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 124, Mersham Road, Thornton Heath is in very good condition we estimate a sale value of £354,156 and a rental value of £1,993 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,681 and a rental value of £1,766 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 124, Mersham Road, Thornton Heath has declined by £5,664 (1.7%), while its estimated rental value has climbed by £46 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 6.8%.
Energy Efficiency
124, Mersham Road, Thornton Heath has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 124, Mersham Road, Thornton Heath was last sold on 1st November 2024 for £338,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2024, the market for similar properties has dropped by 6.7%.
- Sold Nov 2024£338,000
- Sold Oct 2020£285,000
- Sold Feb 1999£52,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 124, Mersham Road, Thornton Heath within a radius of 390 metres over the last 2 years.
The most recent example is 171, Mersham Road, Thornton Heath, CR7 8NT, a leasehold flat which sold for £325,000 on the 1st August 2024.
Read more about house prices in CR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mersham Road, Thornton Heath, CR7 has a total of 260 addresses. According to our analysis of all the public data, 124, Mersham Road, Thornton Heath is the 107th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in CR7.
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Schools Nearby
- 500mBeulah Junior School
- 500mBeulah Infants' School
- 600mDavid Livingstone Academy
- 900mHarris Academy Beulah Hill
- 1.2kmHarris City Academy Crystal Palace
- 1.3kmHarris Academy South Norwood
More reading links
Public Transport Nearby
The closest station to 124, Mersham Road, Thornton Heath is Thornton Heath station, which is 1.0 kilometres away.
- 1.0kmThornton Heath
- 1.4kmNorwood Junction
- 1.6kmSelhurst
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
