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Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 11, 2, Nihill Place, Croydon is £273,085 and the estimated rental value is £1,386 per month.
The apartment is within 2, Nihill Place, Croydon, CR0.
Nihill Place, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
Flat 11, 2, Nihill Place, Croydon has 2 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated May 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 Flat 11, 2, Nihill Place, Croydon is in very good condition we estimate a sale value of £286,739 and a rental value of £1,456 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,969 and a rental value of £1,289 per month.
Over the last 12 months the sale value of Flat 11 2 Nihill Place Croydon has decreased by an estimated £4,825 (1.8%) and its rental value has increased by an estimated £29 per month (2.1%), giving an expected gross yield of 6.1%.
Flat 11, 2, Nihill Place, Croydon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 May 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 11, 2, Nihill Place, Croydon was last sold on 9th May 2022 for £258,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has dropped 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, 2, Nihill Place, Croydon within a radius of 320 metres over the last 2 years.
The most recent example is Flat 11, 3, Nihill Place, Croydon, CR0 6FR, a leasehold flat which sold for £275,000 on the 14th July 2023.
Read more about house prices in CR0.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nihill Place, Croydon, CR0 has a total of 72 addresses. According to our analysis of all the public data, Flat 11, 2, Nihill Place, Croydon is the 55th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £100k less expensive than the average property in CR0.
The nearest school is Ark Blake Academy which is 255 metres away. The nearest train station is East Croydon which is 1.0 kilometres away.
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