Flats/Maisonettes 2 sales on record

59 GILLETT ROAD

THORNTON HEATH, CROYDON, GREATER LONDON, CR7 8RL

£145,000

Location

Map view View on Google Maps View on OpenStreetMap Street View CR7 8RL

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Cornfield Bakera 0.1 miles
Bus stop Thornton Heath Clock Tower 0.1 miles
Train station Thornton Heath 0.2 miles
Hospital Gynaecology Department 0.8 miles
University Horton Halls Reception 4.4 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

1

Floor area

51 m²

EPC rating

C

Year built

England and Wales: 1900-1929

Last sold

£145,000 May 2026

Price per m²

£2,843/m²

Local average

£254,674 (23 sales)

Street crime

790 incidents within 1 mile (Jul 2026)

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 21/05/2026

Expiry date: 20/05/2036

Current heating cost: £611/year

Potential heating cost: £391/year

Est. upgrade cost to C: £16,750

Recommendations

  • 50 mm internal or external wall insulation (£7,500 - £11,000)
  • Floor insulation (suspended floor) (£5,000 - £10,000)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 07/05/2026 £145,000 Flat -14.7% £145,163 to June 2026 View transaction
Sold 28/02/2007 £170,000 Flat — £250,778 to June 2026 View transaction

Historic listings

Listing and sale events only where we matched the listing page to a Land Registry sale already on record for this address.

Event Date Price
listed 23/03/2026 £135,000
sold 01/01/2026 £145,000
sold 01/01/2007 £170,000

Photos · Open listing

Open image 1 from listing 173569763 Open image 2 from listing 173569763 Open image 3 from listing 173569763 Open image 4 from listing 173569763 Open image 5 from listing 173569763 Open image 6 from listing 173569763 Open image 7 from listing 173569763 Open image 8 from listing 173569763 Open image 9 from listing 173569763 Open image 10 from listing 173569763 Open image 11 from listing 173569763 Open image 12 from listing 173569763

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
5 GILLETT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 8RL £240,000 14/07/2023 Flat
27 PRIDHAM ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 8RS £179,500 06/06/2023 Flat
11 GILLETT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 8RL £280,000 31/01/2023 Flat
29 GILLETT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 8RL £255,000 15/06/2022 Flat
60A HIGH STREET, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 8LF £237,000 04/05/2022 Flat
50 FIRST FLOOR FLAT PRIDHAM ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 8RS £275,000 30/03/2022 Flat
THE MEWS, 64A FLAT 5 HIGH STREET, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 8LF £187,000 17/11/2021 Flat
9 FLAT 1 STUART ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 8RA £239,840 28/09/2021 Flat
67 GILLETT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 8RL £192,000 27/09/2021 Flat

Area average: £231,704 (9 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 5.9%
10y growth 17.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Croydon. Series: Flats and maisonettes. As of June 2026.

1y (index) -3.4%
5y (index) -7.2%
10y (index) -0.8%

Rental Range

Estimated market rent for Croydon. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,423/mo
Realistic £1,581/mo
Optimistic £1,739/mo

Based on Local Authority from postcode lookup → Croydon.

LHA (30th percentile) floor for Peterborough: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
Studio Flat, Gillett Road, CR7 £1,100/mo 1 0.07 miles OpenRent

Average rent: £1,100/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

This street 5.9% gross yield avg £222,400 sale, £1,100/mo rent
Rent ratio 0.76%
Max investor price (0.8%) £137,500
Target investor price (1%) £110,000
Gross yield 9.1%
Cost-to-rent ratio 11×
Monthly cashflow £394/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 11.2%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~143 m² (0.04 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Street-level crime

Category Count
Violence and sexual offences 274
Anti-social behaviour 181
Other theft 54
Vehicle crime 54
Public order 48
Shoplifting 42
Drugs 38
Burglary 34
Robbery 25
Other crime 12
Theft from the person 12
Possession of weapons 10
Bicycle theft 6
Total incidents 790

Within 1 mile during Jul 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Thornton Heath Nursery School Nursery 0.1 miles Good — 27 Nov 2023
Whitehorse Manor Infant School Primary 0.2 miles Good — 2 May 2024
Whitehorse Manor Junior School Primary 0.2 miles Good — 10 Sep 2012
Bensham Manor School Other 0.3 miles Outstanding — 3 Jul 2024
Beulah Infants' School Primary 0.4 miles Good — 12 Sep 2017

FENSA

No FENSA certificates found for this address.