Flat 2, 45
Flat 2, 45
Description & Estimates
According to the public record, Flat 2, 45, Old Lodge Lane, Purley is a modern apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 45, Old Lodge Lane, Purley is £371,418 and the estimated rental value is £1,652 per month.
The apartment is within 45, Old Lodge Lane, Purley, CR8.
Old Lodge Lane, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Our Data Sources
Flat 2, 45, Old Lodge Lane, Purley has no records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, 45, Old Lodge Lane, Purley is in very good condition we estimate a sale value of £389,989 and a rental value of £1,734 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,418 and a rental value of £1,536 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 45, Old Lodge Lane, Purley has fallen by £8,966 (2.4%), while its estimated rental value has moved up by £61 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Energy Efficiency
Flat 2, 45, Old Lodge Lane, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 45, Old Lodge Lane, Purley within a radius of 690 metres over the last 2 years.
The most recent example is Flat 7, 58, Old Lodge Lane, Purley, CR8 4ET, a leasehold flat which sold for £412,000 on the 30th October 2023.
Read more about house prices in CR8.
- Sold Oct 2023£412,000 | 2 Bed FlatFlat 7, 58, Old Lodge Lane, Purley, CR8 4ETFlat 7, 58, Old Lodge Lane, Purley, CR8 4ET
- Sold Apr 2022£480,000 | 2 Bed FlatFlat 1, Fairmont House 19, Hartley Old Road, Purley, CR8 4FJFlat 1, Fairmont House 19, Hartley Old Road, Purley, CR8 4FJ
- Sold Mar 2022£415,000 | 2 Bed FlatFlat 6, Fairmont House 19, Hartley Old Road, Purley, CR8 4FJFlat 6, Fairmont House 19, Hartley Old Road, Purley, CR8 4FJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Old Lodge Lane, Purley, CR8 has a total of 413 addresses. According to our analysis of all the public data, Flat 2, 45, Old Lodge Lane, Purley is the 316th largest and the 299th most expensive property on the street.
When compared to the postcode district it is £192k less expensive than the average property in CR8.
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Schools Nearby
- 200mBeaumont Primary School
- 1.2kmHarris Primary Academy Kenley
- 1.3kmWoodcote Primary School
- 1.4kmWoodcote High School
- 1.9kmThomas More Catholic School
- 2.3kmThe John Fisher School
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Public Transport Nearby
The closest station to Flat 2, 45, Old Lodge Lane, Purley is Reedham (London) station, which is 600 metres away.
- 600mReedham (London)
- 1.0kmCoulsdon Town
- 1.3kmPurley
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
