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According to the public record, 56A, Lancing Road, Croydon is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 482 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 56A, Lancing Road, Croydon is £227,562 and the estimated rental value is £1,359 per month.
The apartment is within 56, Lancing Road, Croydon, CR0.
Lancing Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
56A, Lancing Road, Croydon has 41 entries in the Land Registry , most recently in December 2014 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 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 56A, Lancing Road, Croydon is in very good condition we estimate a sale value of £238,940 and a rental value of £1,427 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,633 and a rental value of £1,264 per month.
Over the last 12 months the sale value of 56A Lancing Road Croydon has decreased by an estimated £3,244 (1.4%) and its rental value has increased by an estimated £42 per month (3.1%), giving an expected gross yield of 7.2%.
According to HM Land Registry, 56A, Lancing Road, Croydon was last sold on 18th December 2014 for £140,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since December 2014, the market for similar properties has risen 26.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56A, Lancing Road, Croydon within a radius of 360 metres over the last 2 years.
The most recent example is 41A, Lancing Road, Croydon, CR0 3EN, a leasehold flat which sold for £227,000 on the 6th March 2024.
Read more about house prices in CR0.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancing Road, Croydon, CR0 has a total of 98 addresses. According to our analysis of all the public data, 56A, Lancing Road, Croydon is the 73rd largest and the 70th most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in CR0.
The nearest school is West Thornton Primary School which is 174 metres away. The nearest train station is West Croydon which is 1.5 kilometres away.
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