Flat 5, Ikon House 2
Flat 5, Ikon House 2
Description & Estimates
Flat 5, Ikon House 2, Croydon is recorded publicly as a modern leasehold apartment across 721 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 5, Ikon House 2, Croydon is £306,242 and its rental estimate is £1,590 per month, given the available information and assuming reasonable condition.
Ikon House, Purley Way is a residential building on Purley Way, Croydon, CR0 and falls within the CR0 postal district and the borough of Croydon.
Our Data Sources
Flat 5, Ikon House 2, Croydon has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 5, Ikon House 2, Croydon, we estimate a market value of £321,554 and a rental value of £1,670 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £284,805 and £1,479 per month respectively.
Recent Market Change
Over the last year, Flat 5, Ikon House 2, Croydon has seen its estimated sale value decline by £10,368 (3.4%) and its estimated rental value climb by £38 per month (2.4%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
Flat 5, Ikon House 2, Croydon has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 5, Ikon House 2, Croydon completed on 22nd February 2021 at £360,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 4.9% over the period since February 2021.
- Sold Feb 2021£360,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, Ikon House 2, Croydon have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd March 2026, was Flat 10, Ikon House 2, Purley Way, Croydon, CR0 3FA, a leasehold flat which sold for £315,000.
Read more about house prices in CR0.
- Sold Mar 2026£315,000 | 2 Bed FlatFlat 10, Ikon House 2, Purley Way, Croydon, CR0 3FAFlat 10, Ikon House 2, Purley Way, Croydon, CR0 3FA
- Sold May 2025£265,000 | 2 Bed FlatFlat 19, 18, Purley Way, Croydon, CR0 3FLFlat 19, 18, Purley Way, Croydon, CR0 3FL
- Sold Aug 2024£366,500 | 2 Bed FlatFlat 9, 369, Mitcham Road, Croydon, CR0 3HPFlat 9, 369, Mitcham Road, Croydon, CR0 3HP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 561 addresses on Purley Way, Croydon, CR0, Flat 5, Ikon House 2, Croydon comes out as the 230th largest and the 211th most expensive in our analysis of the public data.
It is also £64k less expensive than the average property across the CR0 district.
More reading links
Schools Nearby
- 200mWest Thornton Primary School
- 500mHarris Primary Academy Croydon
- 1.1kmGonville Academy
- 900mThe Archbishop Lanfranc Academy
- 1.4kmHarris Invictus Academy Croydon
- 1.7kmSt Mary's Catholic High School
More reading links
Public Transport Nearby
From Flat 5, Ikon House 2, Croydon, the nearest station is West Croydon, 1.5 kilometres away.
- 1.5kmWest Croydon
- 2.0kmWaddon
- 2.1kmThornton Heath
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
