Flat 11, 88 Park Lane, Croydon, CR0 1JY is a leasehold flat built between 1996-2002. The property offers approximately 624 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £289,271 , which equates to approximately £463 per square foot. It was last sold on 23 May 2005 for £174,000. Since then, the value has increased by £115,271, representing a 66.2% increase, or approximately 3.2% per year.

The current estimated value of £289,271 is:

  • 20.0% lower than the average property price on Park Lane
  • 16.5% lower than the average in the CR0 1JY postcode area
  • and 36.3% lower than the average price for Croydon as a whole

At the most recent EPC inspection on 15 March 2014, the property was recorded as owner-occupied.

View sold house prices in CR0 1JY

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£289,271
Price Per sq ft (estimate)
£463
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 11, 88 Park Lane, Croydon, Greater London Authority, CR0 1JY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 15 Mar 2014.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 Jan 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 22.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, off-peak to electric instantaneous at point of use, with its energy efficiency changing from poor to very poor.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Flat, insulated (assumed)
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CR0 1JY

10 th / 14
Price Rank
17% lower than average
7 th / 12
Size Rank
18% smaller than average
7 th / 12
Price Per Sq FT Rank
2% higher than average

Compared to other properties in CR0 1JY , this flat's estimated value ranks 10th out of 14. Based on price per square foot, it ranks 7th out of 12 properties. In terms of size, this home ranks 7th out of 12 properties in its postcode area.

Sale History

Today
£289,271
streetscan.co.uk estimate
+66 %
23 May 2005
£174,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 549 sq ft
sale price: £230,000
sale date: 13 Sep 2023
rooms: 2
size: 624 sq ft
sale price: £165,000
sale date: 16 May 2005
rooms: 2
size: 592 sq ft
sale price: £154,000
sale date: 31 Mar 2005
rooms: 2
size: 581 sq ft
sale price: £215,000
sale date: 26 Mar 2024
rooms: 2
size: 549 sq ft
sale price: £293,000
sale date: 26 Sep 2022

Data Sources

The property at Flat 11, 88 Park Lane, Croydon, Greater London Authority, CR0 1JY appears once in the Land Registry records, with the transaction recorded on 23 May 2005. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 15 Mar 2014. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.