251, Franklin Way
251, Franklin Way
Description & Estimates
251, Franklin Way, Croydon is recorded publicly as a modern leasehold apartment across 635 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 251, Franklin Way, Croydon is £253,340 and its rental estimate is £1,507 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
251, Franklin Way, Croydon has 31 entries in the Land Registry , most recently in July 2011 and a single entry in the EPC database dated May 2009.
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 251, Franklin Way, Croydon, we estimate a market value of £266,007 and a rental value of £1,582 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £235,606 and £1,401 per month respectively.
Recent Market Change
Over the last year, 251, Franklin Way, Croydon has seen its estimated sale value decline by £7,500 (3.0%) and its estimated rental value climb by £41 per month (2.7%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
251, Franklin Way, Croydon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 May 2009.
The property is 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 251, Franklin Way, Croydon completed on 8th July 2011 at £139,000 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 60.2% over the period since July 2011.
- Sold Jul 2011£139,000
- Sold Jul 2003£145,750
- Sold Nov 1998£72,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 251, Franklin Way, Croydon have sold within a radius of 600 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, 251, Franklin Way, Croydon comes out as the 65th largest and the 74th most expensive in our analysis of the public data.
It is also £117k less expensive than the average property across the CR0 district.
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Schools Nearby
- 600mWest Thornton Primary School
- 800mHarris Primary Academy Croydon
- 1.3kmBeddington Park Academy
- 800mThe Archbishop Lanfranc Academy
- 1.8kmHarris Invictus Academy Croydon
- 2.0kmHarris Academy Merton
More reading links
Public Transport Nearby
From 251, Franklin Way, Croydon, the nearest station is Hackbridge, 1.9 kilometres away.
- 1.9kmHackbridge
- 1.9kmWest Croydon
- 2.0kmWaddon
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.
