According to the public record, Flat 2, Langham House 77, Croydon is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Langham House, Park Lane, Croydon, CR0.
Park Lane, Croydon, CR0 is located in the borough of Croydon within the CR0 postal district.
Flat 2, Langham House 77, Croydon has a single entry in the Land Registry database from March 2018 and a single entry in the EPC database dated April 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 2 Langham House 77 Croydon as £302,677 and the rental value as £1,286 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 2 Langham House 77 Croydon has increased by £3,814 (1.3%) and its rental value has increased by £27 per month (2.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, Langham House 77, Croydon is in very good condition we estimate a sale value of £317,811 and rental value of £1,351 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £281,490 and a rental value of £1,196 per month.
If you were able to purchase this property for the estimated value of £302,677, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,488 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 2, Langham House 77, Croydon was last sold on 23 Mar 2018 for £325,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2018, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Langham House 77, Croydon within a radius of 260 metres over the last 2 years.
The most recent example is Flat 164, Leon House 233, High Street, Croydon, CR0 1FX, a Leasehold flat which sold for £275,000 in Jun 2024.
Read more about house prices in CR0.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Croydon, CR0 has a total of 376 addresses. According to our analysis of all the public data, Flat 2, Langham House 77, Croydon is the 248th largest and the 238th most expensive property on the street.
When compared to the postcode district it is £71k less expensive than the average property in CR0.
Flat 2, Langham House 77, Croydon has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Apr 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Flat 2, Langham House 77, Croydon is East Croydon station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Langham House 77, Croydon, 35.6% of property is privately rented and 32.9% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, Langham House 77, Croydon, 17.8% of residents are recorded as possessing school level qualifications and 56.4% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, Langham House 77, Croydon, the average age was 46.3 and the most common age was 57.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, Langham House 77, Croydon, 1.2% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, Langham House 77, Croydon, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.