45, Parchmore Road
45, Parchmore Road
Description & Estimates
45, Parchmore Road, Thornton Heath appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a period apartment with 707 ft2 of internal area and a garden.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 45, Parchmore Road, Thornton Heath is £255,313 and its rental estimate is £1,610 per month, given the available information and assuming reasonable condition.
45, Parchmore Road is a residential building on Parchmore Road, Thornton Heath, CR7 and falls within the CR7 postal district and the borough of Croydon.
Our Data Sources
45, Parchmore Road, Thornton Heath has a single entry in the Land Registry from July 2009 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 2 out of 5 and is considered of medium 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 45, Parchmore Road, Thornton Heath, we estimate a market value of £268,079 and a rental value of £1,690 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £237,441 and £1,497 per month respectively.
Recent Market Change
Over the last year, 45, Parchmore Road, Thornton Heath has seen its estimated sale value fall by £3,001 (1.2%) and its estimated rental value move up by £46 per month (2.9%). This results in an estimated gross rental yield of 7.6%.
Sold Prices
The most recent sale of 45, Parchmore Road, Thornton Heath completed on 3rd July 2009 at £157,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 85.4% over the period since July 2009.
- Sold Jul 2009£157,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 45, Parchmore Road, Thornton Heath have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2024, was 224, Bensham Manor Road, Thornton Heath, CR7 7AW, a leasehold flat which sold for £248,000.
Read more about house prices in CR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 504 addresses on Parchmore Road, Thornton Heath, CR7, 45, Parchmore Road, Thornton Heath comes out as the 206th largest and the 243rd most expensive in our analysis of the public data.
It is also £126k less expensive than the average property across the CR7 district.
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Schools Nearby
- 300mBeulah Infants' School
- 300mBeulah Junior School
- 600mSt James the Great RC Primary and Nursery School
- 1.4kmHarris Academy Beulah Hill
- 1.5kmNorbury High School for Girls
- 1.8kmHarris Academy South Norwood
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Public Transport Nearby
From 45, Parchmore Road, Thornton Heath, the nearest station is Thornton Heath, 300 metres away.
- 300mThornton Heath
- 1.4kmSelhurst
- 1.8kmNorwood Junction
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.
