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

Floor area

51 m²

EPC rating

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

Checking public listings for past sale and let events matched to this address. Refresh in a few minutes.

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 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. Bedroom counts vary — use the Beds column to compare like-for-like lets. 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)

INSPIRE registered land data is not available for this location yet.

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

Checking FENSA certificates for this address. Refresh in a few minutes.

# 59 GILLETT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 8RL

## Property details

- Slug: `5918157` (address key hash: `5918157d604edb8bed0bef46352f0ad0febd3f38`)
- Postcode: CR7 8RL
- Transactions on record: 2

- Tenure: Leasehold
- Property type: Flat
- 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)

## Latest sale

- Price: £145,000
- Date: 2026-05-07
- Type: F
- Tenure: L

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 20/05/2036
- **Current heating cost:** £611/year
- **Est. upgrade cost to C:** £16,750

### Recommendations
- Q (£7,500 - £11,000)
- W1 (£5,000 - £10,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/3836-8825-8600-0389-2226)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-05-07 | £145,000 | Flat | -14.7% | £145,163 (to June 2026) | [View](http://87.117.209.195:8080/house-prices/5340b1c5-bb6f-8052-e063-4804a8c06ee4) |
| Sold | 2007-02-28 | £170,000 | Flat | — | £250,778 (to June 2026) | [View](http://87.117.209.195:8080/house-prices/7f99c9fe-f3e4-4f66-a08f-7a9788bdebcc) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 59 GILLETT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 8RL | £145,000 | 07/05/2026 | Flat |
| 59 GILLETT ROAD, THORNTON HEATH, CROYDON, GREATER LONDON, CR7 8RL | £170,000 | 28/02/2007 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Capital growth trend

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

- **5y growth:** 5.9%
- **10y growth:** 17.5%

## House Price Index (HM Land Registry)

*Official index for Croydon; Flats and maisonettes series; as of June 2026.*

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

## Rental Range

*ONS Price Index of Private Rents (Croydon). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,423/mo
- **Realistic:** £1,581/mo
- **Optimistic:** £1,739/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Peterborough (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. 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)**

## 1% Rule

- **Rent ratio:** 0.76% (weak for cashflow)
- **Max investor price (0.8%):** £137,500
- **Target investor price (1%):** £110,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

- **This street:** 5.9% gross yield (avg £222,400 sale, £1,100/mo rent)
*Based on OpenRent comparables (median £1,100/mo).*

- **Gross yield:** 9.1%
- **Cost-to-rent:** 11×
- **Monthly cashflow:** £394/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 11.2%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## 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.*

| 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 |