40, POSTMILL CLOSE, CROYDON, CR0 5DY - £490,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 POSTMILL CLOSE is a very small detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £501,492. It was last sold for £490,000 in October 2020, which was around 41% below the average October 2020 detached price in the Croydon local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

40 POSTMILL CLOSE Sold Prices

Land registry data shows one sale for 40 POSTMILL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Croydon local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 19 OCT	£490,000	£827,734	41% below HPI

What might 40 POSTMILL CLOSE be worth now?

40 POSTMILL CLOSE might now be worth an estimated £501,492.

This is based on house price inflation of 2.3%, between October 2020 and April 2026, for detached houses, in the Croydon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.3% inflationary increase is applied to the most recent sale price for 40 POSTMILL CLOSE of £490,000 on 19th October 2020. For the value to have increased from £490,000 to £501,492 over the six years and six months to April 2026, the following assumptions must hold true:

• The value of 40 POSTMILL CLOSE has moved in line with the HPI for detached houses in the Croydon local authority area.
• The October 2020 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 40 POSTMILL CLOSE has not materially changed since October 2020.

How Large is 40 POSTMILL CLOSE?

40 POSTMILL CLOSE is 84m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 10% of detached houses in London, based on EPC data. The below chart shows the distribution of detached houses by size in London, and where 40 POSTMILL CLOSE lies on this distribution: 9% of detached houses are smaller than 40 POSTMILL CLOSE, and 90% of detached houses are larger. Note that EPC data is not available for all properties in London.

40 POSTMILL CLOSE: Plot

40 POSTMILL CLOSE sits on a plot of roughly 0.085 of an acre, or 345m².

Where is 40 POSTMILL CLOSE?

40 POSTMILL CLOSE is located in CROYDON, in the CR0 postcode district.