Flat 1, 62
Flat 1, 62
Description & Estimates
Flat 1, 62, Mayfield Road, South Croydon is recorded publicly as a period leasehold apartment across 914 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 62, Mayfield Road, South Croydon is £315,246 and its rental estimate is £1,656 per month, given the available information and assuming reasonable condition.
62, Mayfield Road is a residential building on Mayfield Road, South Croydon, CR2 and falls within the CR2 postal district and the borough of Croydon.
Our Data Sources
Flat 1, 62, Mayfield Road, South Croydon has a single entry in the Land Registry from July 2008 and a single entry in the EPC database dated January 2022.
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 Flat 1, 62, Mayfield Road, South Croydon, we estimate a market value of £331,009 and a rental value of £1,739 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £293,179 and £1,540 per month respectively.
Recent Market Change
Over the last year, Flat 1, 62, Mayfield Road, South Croydon has seen its estimated sale value move down by £10,298 (3.3%) and its estimated rental value increase by £46 per month (2.8%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 1, 62, Mayfield Road, South Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2022.
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 Flat 1, 62, Mayfield Road, South Croydon completed on 11th July 2008 at £250,000 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 risen by 40.2% over the period since July 2008.
- Sold Jul 2008£250,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 62, Mayfield Road, South Croydon have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th October 2023, was Flat 1, 64, Mayfield Road, South Croydon, CR2 0BF, a leasehold flat which sold for £362,000.
Read more about house prices in CR2.
- Sold Oct 2023£362,000 | 3 Bed FlatFlat 1, 64, Mayfield Road, South Croydon, CR2 0BFFlat 1, 64, Mayfield Road, South Croydon, CR2 0BF
- Sold Jul 2023£305,000 | 2 Bed Flat57A, Mayfield Road, South Croydon, CR2 0BJ57A, Mayfield Road, South Croydon, CR2 0BJ
- Sold May 2017£331,000 | 3 Bed FlatFlat A, 66, Mayfield Road, South Croydon, CR2 0BFFlat A, 66, Mayfield Road, South Croydon, CR2 0BF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 239 addresses on Mayfield Road, South Croydon, CR2, Flat 1, 62, Mayfield Road, South Croydon comes out as the 87th largest and the 104th most expensive in our analysis of the public data.
It is also £163k less expensive than the average property across the CR2 district.
More reading links
Schools Nearby
- 500mPurley Oaks Primary School
- 700mRidgeway Primary School
- 900mSt Peter's Primary School
- 1.2kmHarris Academy Purley
- 1.9kmCoombe Wood School
- 2.1kmThomas More Catholic School
More reading links
Public Transport Nearby
From Flat 1, 62, Mayfield Road, South Croydon, the nearest station is Sanderstead, 200 metres away.
- 200mSanderstead
- 600mPurley Oaks
- 1.5kmSouth Croydon
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
