Flats/Maisonettes 2 sales on record

MALAN APARTMENTS

123 FLAT 3 OLD LODGE LANE, PURLEY, CROYDON, GREATER LONDON, CR8 4AU

£410,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Lodge Hill 0.1 miles
Shop Old Lodge Lane Post Office 0.4 miles
Train station Coulsdon Town 0.7 miles
Hospital Croydon Heart Centre 4.7 miles
University University for the Creative Arts, Epsom Campus 6.4 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

3

Bathrooms

2

Last sold

£410,000 Mar 2026

Local average

£289,714 (35 sales)

Street crime

158 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 13/03/2026 £410,000 Flat -12.8% £417,497 to April 2026 View transaction
Sold 30/03/2020 £470,000 Flat £464,268 to April 2026 View transaction

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
MALAN APARTMENTS, 123 FLAT 2 OLD LODGE LANE, PURLEY, CROYDON, GREATER LONDON, CR8 4AU £352,000 22/09/2022 Flat
SATIN HEIGHTS, 9B FLAT 3 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG £430,000 11/07/2022 Flat
SATIN HEIGHTS, 9B FLAT 2 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG £350,000 28/06/2022 Flat
SATIN HEIGHTS, 9B FLAT 1 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG £442,500 28/06/2022 Flat
SATIN HEIGHTS, 9B FLAT 8 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG £430,000 22/06/2022 Flat
SATIN HEIGHTS, 9B FLAT 9 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG £530,475 20/06/2022 Flat
SATIN HEIGHTS, 9B FLAT 7 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG £560,000 10/06/2022 Flat
SATIN HEIGHTS, 9B FLAT 4 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG £440,000 09/06/2022 Flat
SATIN HEIGHTS, 9B FLAT 6 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG £319,000 09/06/2022 Flat
SATIN HEIGHTS, 9B FLAT 5 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG £485,000 09/06/2022 Flat

Area average: £433,898 (10 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -18.1%
10y growth -5.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Croydon. Series: Flats and maisonettes. As of April 2026.

1y (index) -3%
5y (index) -6.8%
10y (index) 2.8%

Rental Range

Estimated market rent for Croydon. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,415/mo
Realistic £1,572/mo
Optimistic £1,729/mo

Based on Local Authority from postcode lookup → Croydon.

LHA (30th percentile) floor for Outer North London: Apr 2025 – Mar 2026

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 3-bedroom count for this property). Student lets are excluded.

Title Rent Beds Distance As seen on
1 Bed Flat, Reedham Drive, CR8 £875/mo 1 0.58 miles OpenRent
5 Bed Detached House, Woodcote Grove Road, CR5 £650/mo 5 0.93 miles OpenRent

Average rent: £763/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.19%
Max investor price (0.8%) £95,375
Target investor price (1%) £76,300
Gross yield 2.2%
Cost-to-rent ratio 44.8×
Monthly cashflow £-953/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -9.6%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Not in Flood Risk Area (no data)

Street-level crime

Category Count
Violence and sexual offences 50
Anti-social behaviour 34
Shoplifting 20
Vehicle crime 20
Other theft 10
Burglary 7
Public order 6
Drugs 4
Other crime 2
Possession of weapons 2
Bicycle theft 1
Robbery 1
Theft from the person 1
Total incidents 158

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
New Valley Primary School Primary 0.4 miles Good — 12 Jul 2017
The Hayes Primary School Primary 0.5 miles Good — 6 Jul 2023
Beaumont Primary School Primary 0.5 miles Outstanding — 17 Jan 2018
St Nicholas School Other 0.6 miles Requires improvement — 27 Jun 2024
Harris Primary Academy Kenley Primary 0.7 miles Outstanding — 15 Jul 2015

FENSA

No FENSA certificates found for this address.