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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 2, Norcot, South Croydon is a period leasehold apartment with 1,194 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Norcot, South Croydon is £382,572 and the estimated rental value is £1,897 per month.
The apartment is within Norcot, Sanderstead Road, South Croydon, CR2.
Sanderstead Road, South Croydon, CR2 is located in the borough of Croydon within the CR2 postal district.
Flat 2, Norcot, South Croydon has 21 entries in the Land Registry , most recently in May 2015 and a single entry in the EPC database dated June 2023.
We combine this information with that of neighbouring properties to estimate the property 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, Norcot, South Croydon is in very good condition we estimate a sale value of £401,701 and a rental value of £1,991 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £355,792 and a rental value of £1,764 per month.
Over the last 12 months the sale value of Flat 2 Norcot South Croydon has decreased by an estimated £11,100 (2.9%) and its rental value has increased by an estimated £59 per month (3.1%), giving an expected gross yield of 5.9%.
Flat 2, Norcot, South Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jun 2023.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, Flat 2, Norcot, South Croydon was last sold on 6th May 2015 for £335,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2015, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Norcot, South Croydon within a radius of 630 metres over the last 2 years.
The most recent example is Flat 1, Norcot, Sanderstead Road, South Croydon, CR2 0AG, a leasehold flat which sold for £420,000 on the 3rd July 2023.
Read more about house prices in CR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sanderstead Road, South Croydon, CR2 has a total of 339 addresses. According to our analysis of all the public data, Flat 2, Norcot, South Croydon is the 27th largest and the 68th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in CR2.
The closest station to Flat 2, Norcot, South Croydon is Sanderstead station which is 600 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Norcot, South Croydon, 54.0% of property is privately owned outright and 41.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, Norcot, South Croydon, 18.6% of residents are recorded as possessing school level qualifications and 58.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, Norcot, South Croydon, the average age was 44 and the most common age was 42.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, Norcot, South Croydon, 3.6% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, Norcot, South Croydon, there are an average of 1.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
