Flat 2, 161
Flat 2, 161
Description & Estimates
According to the public record, Flat 2, 161, Melfort Road, Thornton Heath is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 659 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 Flat 2, 161, Melfort Road, Thornton Heath is £246,724 and the estimated rental value is £1,564 per month.
The apartment is within 161, Melfort Road, Thornton Heath, CR7.
Melfort Road, Thornton Heath, CR7 is located in the borough of Croydon within the CR7 postal district.
Our Data Sources
Flat 2, 161, Melfort Road, Thornton Heath has a single entry in the Land Registry from December 2012 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 2, 161, Melfort Road, Thornton Heath is in very good condition we estimate a sale value of £259,060 and a rental value of £1,642 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,453 and a rental value of £1,455 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 161, Melfort Road, Thornton Heath has decreased by £2,799 (1.1%), while its estimated rental value has grown by £44 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 7.6%.
Sold Prices
According to HM Land Registry, Flat 2, 161, Melfort Road, Thornton Heath was last sold on 19th December 2012 for £165,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2012, the market for similar properties has risen by 78.6%.
- Sold Dec 2012£165,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 161, Melfort Road, Thornton Heath within a radius of 420 metres over the last 2 years.
The most recent example is 123A, Melfort Road, Thornton Heath, CR7 7RX, a leasehold flat which sold for £320,000 on the 12th April 2024.
Read more about house prices in CR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Melfort Road, Thornton Heath, CR7 has a total of 404 addresses. According to our analysis of all the public data, Flat 2, 161, Melfort Road, Thornton Heath is the 259th largest and the 304th most expensive property on the street.
When compared to the postcode district it is £135k less expensive than the average property in CR7.
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Schools Nearby
- 400mSt James the Great RC Primary and Nursery School
- 600mWinterbourne Junior Girls' School
- 600mWinterbourne Nursery and Infants' School
- 1.0kmNorbury High School for Girls
- 1.5kmHarris Academy Beulah Hill
- 1.8kmHarris Academy Merton
More reading links
Public Transport Nearby
The closest station to Flat 2, 161, Melfort Road, Thornton Heath is Thornton Heath station, which is 600 metres away.
- 600mThornton Heath
- 1.3kmNorbury
- 1.9kmSelhurst
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
