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Flat 3, 88, Park Lane, Croydon is described in the public record as a modern apartment with 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 3, 88, Park Lane, Croydon is £223,716 and its rental estimate is £1,282 per month, given the available information and assuming reasonable condition.
88, Park Lane is a residential building on Park Lane, Croydon, CR0 and falls within the CR0 postal district and the borough of Croydon.
Flat 3, 88, Park Lane, Croydon has no records in the the Land Registry and a single entry in the EPC database dated November 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 3, 88, Park Lane, Croydon, we estimate a market value of £234,902 and a rental value of £1,346 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £208,056 and £1,192 per month respectively.
Over the last year, Flat 3, 88, Park Lane, Croydon has seen its estimated sale value decline by £7,574 (3.4%) and its estimated rental value climb by £31 per month (2.4%). This results in an estimated gross rental yield of 6.9%.
Flat 3, 88, Park Lane, Croydon has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Nov 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Over the past 2 years 3 properties similar to Flat 3, 88, Park Lane, Croydon have sold within a radius of 260 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th March 2024, was Flat 181, Centrillion Point 2, Masons Avenue, Croydon, CR0 9WY, a leasehold flat which sold for £150,000.
Read more about house prices in CR0.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 402 addresses on Park Lane, Croydon, CR0, Flat 3, 88, Park Lane, Croydon comes out as the 370th largest and the 374th most expensive in our analysis of the public data.
It is also £147k less expensive than the average property across the CR0 district.
From Flat 3, 88, Park Lane, Croydon, the nearest station is South Croydon, 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 88, Park Lane, Croydon, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 3, 88, Park Lane, Croydon, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 3, 88, Park Lane, Croydon, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 3, 88, Park Lane, Croydon, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.