221, Franklin Way
221, Franklin Way
Description & Estimates
221, Franklin Way, Croydon is recorded publicly as a modern leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 221, Franklin Way, Croydon is £267,985 and its rental estimate is £1,543 per month, given the available information and assuming reasonable condition.
Franklin Way, Croydon, CR0 falls within the CR0 postal district, in the borough of Croydon.
Our Data Sources
221, Franklin Way, Croydon has 21 entries in the Land Registry , most recently in January 2015 and a single entry in the EPC database dated July 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 221, Franklin Way, Croydon, we estimate a market value of £281,384 and a rental value of £1,620 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £249,226 and £1,435 per month respectively.
Recent Market Change
Over the last year, 221, Franklin Way, Croydon has seen its estimated sale value drop by £7,934 (3.0%) and its estimated rental value rise by £42 per month (2.7%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
221, Franklin Way, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jul 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 221, Franklin Way, Croydon completed on 15th January 2015 at £217,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 15.5% over the period since January 2015.
- Sold Jan 2015£217,500
- Sold Aug 1998£75,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 221, Franklin Way, Croydon have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2023, was 156, Franklin Way, Croydon, CR0 4UW, a leasehold flat which sold for £275,000.
Read more about house prices in CR0.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 187 addresses on Franklin Way, Croydon, CR0, 221, Franklin Way, Croydon comes out as the 50th largest and the 63rd most expensive in our analysis of the public data.
It is also £102k less expensive than the average property across the CR0 district.
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Schools Nearby
- 600mWest Thornton Primary School
- 900mHarris Primary Academy Croydon
- 1.3kmGonville Academy
- 700mThe Archbishop Lanfranc Academy
- 1.8kmHarris Invictus Academy Croydon
- 2.0kmHarris Academy Merton
More reading links
Public Transport Nearby
From 221, Franklin Way, Croydon, the nearest station is Hackbridge, 1.9 kilometres away.
- 1.9kmHackbridge
- 2.0kmWest Croydon
- 2.1kmWaddon
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
