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According to the public record, Flat 2, Mitchell House 50, Croydon is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 573 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, Mitchell House 50, Croydon is £253,986 and the estimated rental value is £1,380 per month.
The apartment is within Mitchell House, Coombe Road, Croydon, CR0.
Coombe Road, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
Flat 2, Mitchell House 50, Croydon has 21 entries in the Land Registry , most recently in February 2019 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.
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, Mitchell House 50, Croydon is in very good condition we estimate a sale value of £266,686 and a rental value of £1,449 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,207 and a rental value of £1,284 per month.
Over the last 12 months the sale value of Flat 2 Mitchell House 50 Croydon has decreased by an estimated £3,621 (1.4%) and its rental value has increased by an estimated £43 per month (3.1%), giving an expected gross yield of 6.5%.
According to HM Land Registry, Flat 2, Mitchell House 50, Croydon was last sold on 11th February 2019 for £230,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2019, the market for similar properties has dropped 18.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Mitchell House 50, Croydon within a radius of 440 metres over the last 2 years.
The most recent example is Flat 6, Mitchell House 50, Coombe Road, Croydon, CR0 5SG, a leasehold flat which sold for £243,500 on the 10th August 2017.
Read more about house prices in CR0.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coombe Road, Croydon, CR0 has a total of 329 addresses. According to our analysis of all the public data, Flat 2, Mitchell House 50, Croydon is the 233rd largest and the 162nd most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in CR0.
The nearest school is Park Hill Junior School which is 552 metres away. The nearest train station is South Croydon which is 400 metres away.
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