9, Parchmore Way
9, Parchmore Way
Description & Estimates
9, Parchmore Way, Thornton Heath is recorded publicly as an early-century leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 9, Parchmore Way, Thornton Heath is £244,632 and its rental estimate is £1,493 per month, given the available information and assuming reasonable condition.
Parchmore Way, Thornton Heath, CR7 falls within the CR7 postal district, in the borough of Croydon.
Our Data Sources
9, Parchmore Way, Thornton Heath has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated August 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 9, Parchmore Way, Thornton Heath, we estimate a market value of £256,863 and a rental value of £1,567 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £227,508 and £1,388 per month respectively.
Recent Market Change
Over the last year, 9, Parchmore Way, Thornton Heath has seen its estimated sale value move down by £2,875 (1.2%) and its estimated rental value increase by £43 per month (2.9%). This results in an estimated gross rental yield of 7.3%.
Energy Efficiency
9, Parchmore Way, Thornton Heath has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Aug 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 9, Parchmore Way, Thornton Heath completed on 4th August 2017 at £173,800 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 dropped by 12.4% over the period since August 2017.
- Sold Aug 2017£173,800
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 9, Parchmore Way, Thornton Heath have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th December 2024, was 41A, Windsor Road, Thornton Heath, CR7 8HG, a leasehold flat which sold for £285,000.
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 21 addresses on Parchmore Way, Thornton Heath, CR7, 9, Parchmore Way, Thornton Heath comes out as the 19th largest and the 20th most expensive in our analysis of the public data.
It is also £137k less expensive than the average property across the CR7 district.
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Schools Nearby
- 200mSt James the Great RC Primary and Nursery School
- 400mBeulah Junior School
- 400mSt Cyprian's Greek Orthodox Primary Academy
- 1.0kmNorbury High School for Girls
- 1.0kmHarris Academy Beulah Hill
- 1.6kmSt Joseph's College
More reading links
Public Transport Nearby
From 9, Parchmore Way, Thornton Heath, the nearest station is Thornton Heath, 800 metres away.
- 800mThornton Heath
- 1.4kmNorbury
- 2.0kmSelhurst
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.
