Flat 8, 88 Park Lane, Croydon, CR0 1JY is a leasehold flat built between 2003-2006. The property offers approximately 624 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £274,309 , which equates to approximately £439 per square foot. It was last sold on 16 May 2005 for £165,000. Since then, the value has increased by £109,309, representing a 66.2% increase, or approximately 3.2% per year.

The current estimated value of £274,309 is:

  • 24.1% lower than the average property price on Park Lane
  • 20.8% lower than the average in the CR0 1JY postcode area
  • and 39.6% lower than the average price for Croydon as a whole

At the most recent EPC inspection on 11 December 2020, the property was recorded as rented.

View sold house prices in CR0 1JY

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
624 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£274,309
Price Per sq ft (estimate)
£439
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 8, 88 Park Lane, Croydon, Greater London, CR0 1JY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 11 Dec 2020.

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 13 May 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 3.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • 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 system built, 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 17% of fixed outlets to low energy lighting in 54% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 54% of fixed outlets
Good

Compared to CR0 1JY

11 th / 14
Price Rank
21% lower than average
8 th / 12
Size Rank
18% smaller than average
9 th / 12
Price Per Sq FT Rank
3% lower than average

Compared to other properties in CR0 1JY , this flat's estimated value ranks 11th out of 14. Based on price per square foot, it ranks 9th out of 12 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 8th out of 12 properties in its postcode area.

Sale History

Today
£274,309
streetscan.co.uk estimate
+66 %
16 May 2005
£165,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 2, 88 Park Lane, Croydon, CR0 1JY
rooms: 2
size: 549 sq ft
sale price: £230,000
sale date: 13 Sep 2023
Flat 11, 88 Park Lane, Croydon, CR0 1JY
rooms: 2
size: 624 sq ft
sale price: £174,000
sale date: 23 May 2005
Flat 1, 88 Park Lane, Croydon, CR0 1JY
rooms: 2
size: 592 sq ft
sale price: £154,000
sale date: 31 Mar 2005
Flat 16, 82 Park Lane, Croydon, CR0 1JW
rooms: 2
size: 581 sq ft
sale price: £215,000
sale date: 26 Mar 2024
Flat 2, 82 Park Lane, Croydon, CR0 1JW
rooms: 2
size: 549 sq ft
sale price: £293,000
sale date: 26 Sep 2022

Data Sources

The property at Flat 8, 88 Park Lane, Croydon, Greater London, CR0 1JY appears once in the Land Registry records, with the transaction recorded on 16 May 2005. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Dec 2020. 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.
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