Flat 2, 53
Flat 2, 53
Description & Estimates
Flat 2, 53, Crown Lane is recorded publicly as a modern leasehold apartment across 635 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 53, Crown Lane is £432,869 and its rental estimate is £1,920 per month, given the available information and assuming reasonable condition.
53, Crown Lane is a residential building on Crown Lane, London, SW16 and falls within the SW16 postal district and the London Borough of Croydon.
Our Data Sources
Flat 2, 53, Crown Lane has a single entry in the Land Registry from March 2008 and a single entry in the EPC database dated May 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.
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 2, 53, Crown Lane, we estimate a market value of £454,513 and a rental value of £2,016 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £402,568 and £1,785 per month respectively.
Recent Market Change
Over the last year, Flat 2, 53, Crown Lane has seen its estimated sale value decrease by £3,915 (0.9%) and its estimated rental value grow by £104 per month (5.4%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
Flat 2, 53, Crown Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 May 2023.
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 2, 53, Crown Lane completed on 19th March 2008 at £245,000 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 86.9% over the period since March 2008.
- Sold Mar 2008£245,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 53, Crown Lane have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th December 2023, was Flat 2, Homestead House 112, Gibsons Hill, London, SW16 3ER, a leasehold flat which sold for £435,000.
Read more about house prices in SW16.
- Sold Dec 2023£435,000 | 2 Bed FlatHomestead House 112, Gibsons HillFlat 2, Homestead House 112, Gibsons Hill, London, SW16 3ER
- Sold Jul 2023£459,950 | 2 Bed FlatHomestead House 112, Gibsons HillFlat 3, Homestead House 112, Gibsons Hill, London, SW16 3ER
- Sold Feb 2008£215,000 | 2 Bed Flat53, Crown LaneFlat 5, 53, Crown Lane, London, SW16 3JF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 66 addresses on Crown Lane, London, SW16, Flat 2, 53, Crown Lane comes out as the 55th largest and the 23rd most expensive in our analysis of the public data.
It is also £100k less expensive than the average property across the SW16 district.
More reading links
Schools Nearby
- 200mCrown Lane Primary School
- 900mSunnyhill Primary School
- 900mSt Joseph's RC Junior School
- 500mSt Joseph's College
- 500mBishop Thomas Grant Catholic Secondary School
- 900mThe Norwood School
More reading links
Public Transport Nearby
From Flat 2, 53, Crown Lane, the nearest station is West Norwood, 1.1 kilometres away.
- 1.1kmWest Norwood
- 1.4kmStreatham (Greater London)
- 1.4kmNorbury
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
