Flat B, 3
Flat B, 3
Description & Estimates
Flat B, 3, Spencer Road, South Croydon is described in the public record as a period apartment with 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat B, 3, Spencer Road, South Croydon is £241,482 and its rental estimate is £1,277 per month, given the available information and assuming reasonable condition.
3, Spencer Road is a residential building on Spencer Road, South Croydon, CR2 and falls within the CR2 postal district and the borough of Croydon.
Our Data Sources
Flat B, 3, Spencer Road, South Croydon has no records in the the Land Registry and a single entry in the EPC database dated October 2024.
We combine this information with public data 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat B, 3, Spencer Road, South Croydon, we estimate a market value of £253,556 and a rental value of £1,341 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,578 and £1,188 per month respectively.
Recent Market Change
Over the last year, Flat B, 3, Spencer Road, South Croydon has seen its estimated sale value move down by £7,601 (3.1%) and its estimated rental value increase by £40 per month (3.2%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat B, 3, Spencer Road, South Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Oct 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat B, 3, Spencer Road, South Croydon have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2024, was Flat 1, 11, Normanton Road, South Croydon, CR2 7AE, a leasehold flat which sold for £230,000.
Read more about house prices in CR2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 85 addresses on Spencer Road, South Croydon, CR2, Flat B, 3, Spencer Road, South Croydon comes out as the 67th largest and the 66th most expensive in our analysis of the public data.
It is also £237k less expensive than the average property across the CR2 district.
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Schools Nearby
- 600mSt Peter's Primary School
- 800mHarris Primary Academy Haling Park
- 900mHeathfield Academy
- 800mCoombe Wood School
- 800mArchbishop Tenison's CofE High School
- 1.8kmHarris Academy Purley
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Public Transport Nearby
From Flat B, 3, Spencer Road, South Croydon, the nearest station is South Croydon, 500 metres away.
- 500mSouth Croydon
- 1.5kmEast Croydon
- 1.6kmSanderstead
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
