Flat 2, 65
Flat 2, 65
Description & Estimates
The public record lists Flat 2, 65, Melfort Road, Thornton Heath as a leasehold apartment.
Comparison with its neighbours suggests a period apartment with 618 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 65, Melfort Road, Thornton Heath has an estimated sale value of £286,107 and an estimated rental value of £1,532 per month, assuming reasonable condition and based on the information available.
The apartment sits within 65, Melfort Road, Thornton Heath, CR7.
Melfort Road, Thornton Heath, CR7 lies in the borough of Croydon, within the CR7 postal district.
Our Data Sources
Flat 2, 65, Melfort Road, Thornton Heath has a single entry in the Land Registry from November 2008 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, 65, Melfort Road, Thornton Heath would be worth £300,413, with a potential rental value of £1,609 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £266,080, with a rental value of £1,425 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 65, Melfort Road, Thornton Heath has moved down by £3,245 (1.1%) over the last year. During the same period, its estimated monthly rental value has increased by £43 (2.8%). The property's estimated gross yield is currently 6.4%.
Sold Prices
Flat 2, 65, Melfort Road, Thornton Heath last changed hands on 28th November 2008, selling for £135,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 60.2% since November 2008.
- Sold Nov 2008£135,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 360 metres of Flat 2, 65, Melfort Road, Thornton Heath across the last 2 years.
Most recently, 39B , Melfort Road, Thornton Heath, CR7 7RS, a leasehold flat, sold at £320,000 on the 13th September 2024.
Read more about house prices in CR7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 2, 65, Melfort Road, Thornton Heath as the 295th largest and the 229th most expensive of the 404 addresses on Melfort Road, Thornton Heath, CR7.
Against the CR7 postcode district average, it is £95k less expensive than the typical property.
More reading links
Schools Nearby
- 600mBeulah Infants' School
- 600mBeulah Junior School
- 800mEcclesbourne Primary School
- 1.6kmNorbury High School for Girls
- 1.7kmHarris Academy Beulah Hill
- 1.9kmHarris Academy South Norwood
More reading links
Public Transport Nearby
Thornton Heath station is the nearest stop to Flat 2, 65, Melfort Road, Thornton Heath at 100 metres away.
- 100mThornton Heath
- 1.3kmSelhurst
- 1.9kmNorwood Junction
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
