Flat 2, 88 Park Lane, Croydon, CR0 1JY is a leasehold flat built between 2003-2006. The property offers approximately 549 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £222,317 , which equates to approximately £405 per square foot. It was last sold on 13 Sep 2023 for £230,000. Since then, the value has decreased by £7,683, representing a 3.3% decrease, or approximately 1.5% per year.

The current estimated value of £222,317 is:

  • 38.5% lower than the average property price on Park Lane
  • 35.8% lower than the average in the CR0 1JY postcode area
  • and 51.0% lower than the average price for Croydon as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 6 January 2023, the property was recorded as owner-occupied.

View sold house prices in CR0 1JY

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
549 sq ft
Tenure
Leasehold
Price (estimate)
£222,317
Price Per sq ft (estimate)
£405
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 88 Park Lane, Croydon, Greater London, CR0 1JY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 6 Jan 2023.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 Dec 2012, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 10.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from poor to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to system built, 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
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
System built, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to CR0 1JY

13 th / 14
Price Rank
36% lower than average
10 th / 12
Size Rank
28% smaller than average
6 th / 12
Price Per Sq FT Rank
11% lower than average

Compared to other properties in CR0 1JY , this flat's estimated value ranks 13th out of 14. Based on price per square foot, it ranks 6th out of 12 properties. In terms of size, this home ranks 10th out of 12 properties in its postcode area.

Sale History

Today
£222,317
streetscan.co.uk estimate
-3 %
13 Sep 2023
£230,000
Leasehold
+40.7 %
14 Aug 2013
£163,500
Leasehold
+6.2 %
31 Mar 2005
£154,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 527 sq ft
sale price: £245,000
sale date: 7 Aug 2015
rooms: 2
size: 527 sq ft
sale price: £155,000
sale date: 26 May 2005
rooms: 2
size: 624 sq ft
sale price: £174,000
sale date: 23 May 2005
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

Data Sources

The property at Flat 2, 88 Park Lane, Croydon, CR0 1JY appears three times in the Land Registry records, with the latest transaction recorded on 13 Sep 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Jan 2023. 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.