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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, 6, Drive Mead, Coulsdon is a mid-century leasehold apartment with 592 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 6, Drive Mead, Coulsdon is £268,893 and the estimated rental value is £1,365 per month.
Drive Mead, Coulsdon, CR5 is located in the borough of Croydon within the CR5 postal district.
6, Drive Mead, Coulsdon has 3 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated March 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 6, Drive Mead, Coulsdon is in very good condition we estimate a sale value of £282,338 and a rental value of £1,434 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,071 and a rental value of £1,270 per month.
Over the last 12 months the sale value of 6 Drive Mead Coulsdon has decreased by an estimated £8,157 (3.0%) and its rental value has increased by an estimated £51 per month (3.7%), giving an expected gross yield of 6.1%.
6, Drive Mead, Coulsdon has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 6, Drive Mead, Coulsdon was last sold on 28th October 2022 for £315,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since October 2022, the market for similar properties has risen 12.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Drive Mead, Coulsdon within a radius of 580 metres over the last 2 years.
The most recent example is 13, Drive Mead, Coulsdon, CR5 2BD, a leasehold flat which sold for £269,500 on the 25th March 2022.
Read more about house prices in CR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drive Mead, Coulsdon, CR5 has a total of 16 addresses. According to our analysis of all the public data, 6, Drive Mead, Coulsdon is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £284k less expensive than the average property in CR5.
The nearest school is Woodcote Primary School which is 602 metres away. The nearest train station is Coulsdon Town which is 300 metres away.
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