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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 3, 131, Mead Way, Coulsdon is £348,635 and the estimated rental value is £1,757 per month.
The apartment is within 131, Mead Way, Coulsdon, CR5.
Mead Way, Coulsdon, CR5 is located in the borough of Croydon within the CR5 postal district.
Flat 3, 131, Mead Way, Coulsdon has 2 entries in the Land Registry , most recently in December 2011 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 3, 131, Mead Way, Coulsdon is in very good condition we estimate a sale value of £366,067 and a rental value of £1,845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,231 and a rental value of £1,634 per month.
Over the last 12 months the sale value of Flat 3 131 Mead Way Coulsdon has decreased by an estimated £9,041 (2.6%) and its rental value has increased by an estimated £71 per month (4.0%), giving an expected gross yield of 6%.
Flat 3, 131, Mead Way, Coulsdon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 3, 131, Mead Way, Coulsdon was last sold on 2nd December 2011 for £220,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2011, the market for similar properties has risen 69.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 131, Mead Way, Coulsdon within a radius of 810 metres over the last 2 years.
The most recent example is 1B The Parade, Coulsdon Road, Coulsdon, CR5 1EH, a leasehold flat which sold for £9,000 on the 8th January 2019.
Read more about house prices in CR5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mead Way, Coulsdon, CR5 has a total of 142 addresses. According to our analysis of all the public data, Flat 3, 131, Mead Way, Coulsdon is the 107th largest and the 140th most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in CR5.
The nearest school is Coulsdon CofE Primary School which is 200 metres away. The nearest train station is Coulsdon South which is 1.3 kilometres away.
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