148, Mersham Road
148, Mersham Road
Description & Estimates
148, Mersham Road, Thornton Heath is recorded publicly as a period leasehold apartment across 850 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 148, Mersham Road, Thornton Heath is £341,855 and its rental estimate is £1,921 per month, given the available information and assuming reasonable condition.
Mersham Road, Thornton Heath, CR7 falls within the CR7 postal district, in the borough of Croydon.
Our Data Sources
148, Mersham Road, Thornton Heath has 31 entries in the Land Registry , most recently in May 2015 and a single entry in the EPC database dated October 2014.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 148, Mersham Road, Thornton Heath, we estimate a market value of £358,948 and a rental value of £2,017 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £317,925 and £1,786 per month respectively.
Recent Market Change
Over the last year, 148, Mersham Road, Thornton Heath has seen its estimated sale value move down by £5,741 (1.7%) and its estimated rental value increase by £47 per month (2.4%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
148, Mersham Road, Thornton Heath has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 148, Mersham Road, Thornton Heath completed on 15th May 2015 at £260,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 12.8% over the period since May 2015.
- Sold May 2015£260,000
- Sold Mar 2003£139,000
- Sold Jul 2001£82,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 148, Mersham Road, Thornton Heath have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st November 2024, was 124, Mersham Road, Thornton Heath, CR7 8NQ, a leasehold flat which sold for £338,000.
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
Of the 260 addresses on Mersham Road, Thornton Heath, CR7, 148, Mersham Road, Thornton Heath comes out as the 93rd largest and the 91st most expensive in our analysis of the public data.
It is also £40k less expensive than the average property across the CR7 district.
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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
From 148, Mersham Road, Thornton Heath, the nearest station is Thornton Heath, 1.0 kilometres away.
- 1.0kmThornton Heath
- 1.4kmNorwood Junction
- 1.6kmSelhurst
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
