Flat 2, 58
Flat 2, 58
Description & Estimates
Flat 2, 58, Parchmore Road, Thornton Heath appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 617 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 58, Parchmore Road, Thornton Heath is £254,929 and its rental estimate is £1,538 per month, given the available information and assuming reasonable condition.
58, Parchmore Road is a residential building on Parchmore Road, Thornton Heath, CR7 and falls within the CR7 postal district and the borough of Croydon.
Our Data Sources
Flat 2, 58, Parchmore Road, Thornton Heath has 3 entries in the Land Registry , most recently in July 2017 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 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 2, 58, Parchmore Road, Thornton Heath, we estimate a market value of £267,676 and a rental value of £1,615 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £237,084 and £1,430 per month respectively.
Recent Market Change
Over the last year, Flat 2, 58, Parchmore Road, Thornton Heath has seen its estimated sale value fall by £2,892 (1.1%) and its estimated rental value move up by £43 per month (2.8%). This results in an estimated gross rental yield of 7.2%.
Sold Prices
The most recent sale of Flat 2, 58, Parchmore Road, Thornton Heath completed on 11th July 2017 at £240,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 0.2% over the period since July 2017.
- Sold Jul 2017£240,000
- Sold Jul 2016£210,000
- Sold Mar 2008£150,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 58, Parchmore Road, Thornton Heath have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 1, Sunderland Court 2A, Norbury Avenue, Thornton Heath, CR7 8AA, a leasehold flat which sold for £190,000.
Read more about house prices in CR7.
- Sold Sep 2024£190,000 | 2 Bed FlatSunderland Court 2A, Norbury Avenue1, Sunderland Court 2A, Norbury Avenue, Thornton Heath, CR7 8AA
- Sold Aug 2024£260,000 | 2 Bed Flat32, Beulah RoadFlat 1, 32, Beulah Road, Thornton Heath, CR7 8JE
- Sold Apr 2022£150,000 | 2 Bed FlatBeulah Road84C, Beulah Road, Thornton Heath, CR7 8JF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 504 addresses on Parchmore Road, Thornton Heath, CR7, Flat 2, 58, Parchmore Road, Thornton Heath comes out as the 297th largest and the 247th most expensive in our analysis of the public data.
It is also £126k less expensive than the average property across the CR7 district.
More reading links
Schools Nearby
- 200mBeulah Infants' School
- 300mBeulah Junior School
- 600mSt James the Great RC Primary and Nursery School
- 1.4kmHarris Academy Beulah Hill
- 1.5kmNorbury High School for Girls
- 1.7kmHarris Academy South Norwood
More reading links
Public Transport Nearby
From Flat 2, 58, Parchmore Road, Thornton Heath, the nearest station is Thornton Heath, 300 metres away.
- 300mThornton Heath
- 1.4kmSelhurst
- 1.8kmNorwood Junction
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
