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According to the public record, Flat 2, 8, Malling Close, Croydon is a modern leasehold apartment with 559 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, 8, Malling Close, Croydon is £269,389 and the estimated rental value is £1,531 per month.
The apartment is within 8, Malling Close, Croydon, CR0.
Malling Close, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
Flat 2, 8, Malling Close, Croydon has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated April 2021.
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 2, 8, Malling Close, Croydon is in very good condition we estimate a sale value of £282,859 and a rental value of £1,608 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,532 and a rental value of £1,424 per month.
Over the last 12 months the sale value of Flat 2 8 Malling Close Croydon has decreased by an estimated £3,840 (1.4%) and its rental value has increased by an estimated £48 per month (3.1%), giving an expected gross yield of 6.8%.
Flat 2, 8, Malling Close, Croydon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Apr 2021.
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 2, 8, Malling Close, Croydon was last sold on 30th March 2023 for £271,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has risen 7.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 8, Malling Close, Croydon within a radius of 440 metres over the last 2 years.
The most recent example is Flat 7, 8, Malling Close, Croydon, CR0 7YD, a leasehold flat which sold for £295,000 on the 22nd May 2023.
Read more about house prices in CR0.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malling Close, Croydon, CR0 has a total of 40 addresses. According to our analysis of all the public data, Flat 2, 8, Malling Close, Croydon is the 37th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in CR0.
The nearest school is Oasis Academy Shirley Park Primary which is 241 metres away. The nearest train station is Elmers End which is 1.3 kilometres away.
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