Flat 7 Merstham House, 3 Iron Railway Close

    FLAT 7 MERSTHAM HOUSE, 3, IRON RAILWAY CLOSE, COULSDON, CR5 3LF

    This flat/maisonette leasehold property on Iron Railway Close last sold in September 2023 for £240,000. Based on price growth in the CR5 district since then, its estimated current value is £228,393 — placing it in the 32nd percentile nationally and the 4th percentile within CR5. The property covers 66 m² (710 sq ft), giving an estimated value of £3,461 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    710 sq ft

    66 m²

    Last Sale Price

    £240,000

    Sept 2023

    Estimated Valuation

    £228,393

    Est. £/sq ft

    £322/sq ft

    £3,461/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area710 sq ft (66 m²)
    EPC dateApr 2018
    WallsAverage thermal transmittance 0.20 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Sept 2023

    £240,000

    Key Metrics

    Estimated valuation£228,393
    Value per sq ft / m²£322/sq ft (£3,461/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    CR5 district percentile4th percentile
    National percentile32nd percentile

    District Context — CR5

    CR5 covers areas in south London and its surroundings, positioned in the outer commuter belt. It is a family-oriented district with a strong owner-occupied housing base and a professional, affluent demographic profile.

    Average Property Price - CR5

    £581,967

    88

    National percentile

    Average Net Household Income - CR5

    £58,641

    97

    National percentile

    10-Year Annualised Price Growth - CR5

    2.9%

    25

    National percentile

    10-Year Annualised Rent Growth - CR

    3.5%

    21

    National percentile

    View full analysis for CR5

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