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According to the public record, 173, Franklin Way, Croydon is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 696 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 173, Franklin Way, Croydon is £265,197 and the estimated rental value is £1,555 per month.
Franklin Way, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
173, Franklin Way, Croydon has 31 entries in the Land Registry , most recently in January 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 173, Franklin Way, Croydon is in very good condition we estimate a sale value of £278,457 and a rental value of £1,633 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,633 and a rental value of £1,446 per month.
Over the last 12 months the sale value of 173 Franklin Way Croydon has decreased by an estimated £7,851 (3.0%) and its rental value has increased by an estimated £42 per month (2.7%), giving an expected gross yield of 7%.
According to HM Land Registry, 173, Franklin Way, Croydon was last sold on 17th January 2007 for £167,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2007, the market for similar properties has risen 53.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 173, Franklin Way, Croydon within a radius of 640 metres over the last 2 years.
The most recent example is 156, Franklin Way, Croydon, CR0 4UW, a leasehold flat which sold for £275,000 on the 20th December 2023.
Read more about house prices in CR0.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Franklin Way, Croydon, CR0 has a total of 187 addresses. According to our analysis of all the public data, 173, Franklin Way, Croydon is the 24th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in CR0.
The nearest school is West Thornton Primary School which is 600 metres away. The nearest train station is Hackbridge which is 1.9 kilometres away.
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