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

## Property details

- Slug: `5512e0b` (address key hash: `5512e0b78b73ea3163f3bc07f629623398c9d8ee`)
- Postcode: CR8 4AU
- Transactions on record: 2

- 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)

## Latest sale

- Price: £410,000
- Date: 2026-03-13
- Type: F
- Tenure: L

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-03-13 | £410,000 | Flat | -12.8% | £417,497 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/50d10b84-5c18-b8d0-e063-4704a8c08d98) |
| Sold | 2020-03-30 | £470,000 | Flat | — | £464,268 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/b0a9d11b-bdad-4c1f-e053-6c04a8c0d716) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| MALAN APARTMENTS, 123 FLAT 3 OLD LODGE LANE, PURLEY, CROYDON, GREATER LONDON, CR8 4AU | £410,000 | 13/03/2026 | Flat |
| MALAN APARTMENTS, 123 FLAT 3 OLD LODGE LANE, PURLEY, CROYDON, GREATER LONDON, CR8 4AU | £470,000 | 30/03/2020 | Flat |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [162193265](http://87.117.209.195:8080/listings/3a49700)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £410,000 |
| listed | 2025-05-20 | £425,000 |
| sold | 2020-01-01 | £470,000 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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 5 HAYDN AVENUE, PURLEY, CROYDON, GREATER LONDON, CR8 4AG | £485,000 | 09/06/2022 | 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 |

**Area average:** £433,898 (10 sales)

## Capital growth trend

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

- **5y growth:** -17.6%
- **10y growth:** -5.9%

## House Price Index (HM Land Registry)

*Official index for Croydon; Flats and maisonettes series; as of April 2026.*

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

## Rental Range

*ONS Price Index of Private Rents (Croydon). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,415/mo
- **Realistic:** £1,572/mo
- **Optimistic:** £1,729/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent 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)**

## 1% Rule

- **Rent ratio:** 0.19% (weak for cashflow)
- **Max investor price (0.8%):** £95,375
- **Target investor price (1%):** £76,300

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £763/mo).*

- **Gross yield:** 2.2%
- **Cost-to-rent:** 44.8×
- **Monthly cashflow:** £-953/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -9.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## 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.*

| 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 |