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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Reservoir Close, Thornton Heath is £131,483 and the estimated rental value is £866 per month.
Reservoir Close, Thornton Heath, CR7 is located in the borough of Croydon within the CR7 postal district.
40, Reservoir Close, Thornton Heath has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 40, Reservoir Close, Thornton Heath is in very good condition we estimate a sale value of £138,057 and a rental value of £909 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £122,279 and a rental value of £805 per month.
Over the last 12 months the sale value of 40 Reservoir Close Thornton Heath has decreased by an estimated £1,491 (1.1%) and its rental value has increased by an estimated £24 per month (2.8%), giving an expected gross yield of 7.9%.
40, Reservoir Close, Thornton Heath has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Reservoir Close, Thornton Heath was last sold on 3rd October 2005 for £156,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Reservoir Close, Thornton Heath within a radius of 360 metres over the last 2 years.
The most recent example is 36, Reservoir Close, Thornton Heath, CR7 8FA, a leasehold flat which sold for £132,500 on the 21st June 2024.
Read more about house prices in CR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reservoir Close, Thornton Heath, CR7 has a total of 32 addresses. According to our analysis of all the public data, 40, Reservoir Close, Thornton Heath is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £250k less expensive than the average property in CR7.
The closest station to 40, Reservoir Close, Thornton Heath is Thornton Heath station which is 500 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Reservoir Close, Thornton Heath, 30.4% of property is privately rented and 28.6% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 40, Reservoir Close, Thornton Heath, 25.7% of residents are recorded as possessing school level qualifications and 39.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Reservoir Close, Thornton Heath, the average age was 37.6 and the most common age was 52.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 40, Reservoir Close, Thornton Heath, 0.2% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 40, Reservoir Close, Thornton Heath, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.