16A, Merebank Lane
16A, Merebank Lane
Description & Estimates
16A, Merebank Lane, Croydon is recorded publicly as a mid-century leasehold apartment across 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 16A, Merebank Lane, Croydon is £291,139 and its rental estimate is £1,518 per month, given the available information and assuming reasonable condition.
16, Merebank Lane is a residential building on Merebank Lane, Croydon, CR0 and falls within the CR0 postal district and the borough of Sutton.
Our Data Sources
16A, Merebank Lane, Croydon has 31 entries in the Land Registry , most recently in May 2018 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 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 16A, Merebank Lane, Croydon, we estimate a market value of £305,696 and a rental value of £1,594 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £270,760 and £1,412 per month respectively.
Recent Market Change
Over the last year, 16A, Merebank Lane, Croydon has seen its estimated sale value fall by £8,619 (3.0%) and its estimated rental value move up by £41 per month (2.7%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
16A, Merebank Lane, Croydon has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Aug 2017.
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 16A, Merebank Lane, Croydon completed on 11th May 2018 at £253,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 16.2% over the period since May 2018.
- Sold May 2018£253,000
- Sold Oct 2002£134,950
- Sold Jul 1998£59,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16A, Merebank Lane, Croydon have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2024, was 33, Merebank Lane, Croydon, CR0 4NP, a leasehold flat which sold for £335,000.
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 56 addresses on Merebank Lane, Croydon, CR0, 16A, Merebank Lane, Croydon comes out as the 48th largest and the 40th most expensive in our analysis of the public data.
It is also £79k less expensive than the average property across the CR0 district.
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Schools Nearby
- 300mHarris Primary Academy Purley Way
- 600mHigh View Primary School
- 900mAerodrome Primary Academy
- 700mWilson's School
- 1.5kmHarris Academy Purley
- 2.0kmWallington County Grammar School
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Public Transport Nearby
From 16A, Merebank Lane, Croydon, the nearest station is Waddon, 500 metres away.
- 500mWaddon
- 1.9kmSouth Croydon
- 2.1kmWest Croydon
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.
