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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Merebank Lane, Croydon is a mid-century leasehold apartment with 645 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 2, Merebank Lane, Croydon is £238,757 and the estimated rental value is £1,257 per month.
The apartment is within 2, Merebank Lane, Croydon, CR0.
Merebank Lane, Croydon, CR0 is located in the borough of Sutton within the CR0 postal district.
2, Merebank Lane, Croydon has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated April 2022.
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.
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 2, Merebank Lane, Croydon is in very good condition we estimate a sale value of £250,695 and a rental value of £1,320 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,044 and a rental value of £1,169 per month.
Over the last 12 months the sale value of 2 Merebank Lane Croydon has decreased by an estimated £7,068 (3.0%) and its rental value has increased by an estimated £34 per month (2.7%), giving an expected gross yield of 6.3%.
2, Merebank Lane, Croydon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, mains gas.
According to HM Land Registry, 2, Merebank Lane, Croydon was last sold on 11th November 2022 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has dropped 19.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Merebank Lane, Croydon within a radius of 530 metres over the last 2 years.
The most recent example is Apartment 7, Courtyard Apartments 281, Stafford Road, Croydon, CR0 4GQ, a leasehold flat which sold for £400,000 on the 2nd August 2024.
Read more about house prices in CR0.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merebank Lane, Croydon, CR0 has a total of 56 addresses. According to our analysis of all the public data, 2, Merebank Lane, Croydon is the 54th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in CR0.
The nearest school is Harris Primary Academy Purley Way which is 300 metres away. The nearest train station is Waddon which is 500 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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