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According to the public record, 8B, Bingham Road, Croydon is a modern leasehold apartment with 527 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 8B, Bingham Road, Croydon is £277,246 and the estimated rental value is £1,307 per month.
The apartment is within 8, Bingham Road, Croydon, CR0.
Bingham Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
8B, Bingham Road, Croydon has a single entry in the Land Registry from June 2014 and a single entry in the EPC database dated December 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 8B, Bingham Road, Croydon is in very good condition we estimate a sale value of £291,109 and a rental value of £1,372 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,839 and a rental value of £1,215 per month.
Over the last 12 months the sale value of 8B Bingham Road Croydon has decreased by an estimated £3,952 (1.4%) and its rental value has increased by an estimated £41 per month (3.1%), giving an expected gross yield of 5.7%.
8B, Bingham Road, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Dec 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8B, Bingham Road, Croydon was last sold on 12th June 2014 for £225,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2014, the market for similar properties has risen 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8B, Bingham Road, Croydon within a radius of 400 metres over the last 2 years.
The most recent example is Flat 6, Baroque Court 60, Outram Road, Croydon, CR0 6FX, a leasehold flat which sold for £266,000 on the 24th June 2024.
Read more about house prices in CR0.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bingham Road, Croydon, CR0 has a total of 223 addresses. According to our analysis of all the public data, 8B, Bingham Road, Croydon is the 190th largest and the 173rd most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in CR0.
The nearest school is Woodside Primary School which is 669 metres away. The nearest train station is East Croydon which is 1.5 kilometres away.
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