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According to the public record, Flat 8, 3, Olden Lane, Purley is a modern apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 8, 3, Olden Lane, Purley is £385,990 and the estimated rental value is £1,757 per month.
The apartment is within 3, Olden Lane, Purley, CR8.
Olden Lane, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 8, 3, Olden Lane, Purley has no records in the the Land Registry and a single entry in the EPC database dated January 2022.
We combine this information with public data 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.
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 8, 3, Olden Lane, Purley is in very good condition we estimate a sale value of £405,289 and a rental value of £1,844 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,971 and a rental value of £1,634 per month.
Over the last 12 months the sale value of Flat 8 3 Olden Lane Purley has decreased by an estimated £10,123 (2.6%) and its rental value has increased by an estimated £61 per month (3.5%), giving an expected gross yield of 5.5%.
Flat 8, 3, Olden Lane, Purley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 3, Olden Lane, Purley within a radius of 520 metres over the last 2 years.
The most recent example is Flat 1, 3, Northwood Avenue, Purley, CR8 2ER, a leasehold flat which sold for £500,000 on the 5th June 2024.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Olden Lane, Purley, CR8 has a total of 25 addresses. According to our analysis of all the public data, Flat 8, 3, Olden Lane, Purley is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in CR8.
The nearest school is Beaumont Primary School which is 800 metres away. The nearest train station is Purley which is 400 metres away.
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