According to the public record, 18 Purley Court, Purley is a early-century leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Purley Court, Brighton Road, Purley, CR8.
Brighton Road, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
18 Purley Court, Purley has 3 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated October 2022.
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 18 Purley Court Purley as £273,650 and the rental value as £1,459 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 18 Purley Court Purley has increased by £5,099 (1.9%) and its rental value has increased by £67 per month (4.6%).
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 18 Purley Court, Purley is in very good condition we estimate a sale value of £287,332 and rental value of £1,532 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,494 and a rental value of £1,357 per month.
If you were able to purchase this property for the estimated value of £273,650, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,345 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, 18 Purley Court, Purley was last sold on 29 Sep 2023 for £281,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2023, the market for similar properties has risen 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18 Purley Court, Purley within a radius of 520 metres over the last 2 years.
The most recent example is 8 Purley Court, Brighton Road, Purley, CR8 2BL, a Leasehold flat which sold for £265,000 in Mar 2023.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brighton Road, Purley, CR8 has a total of 1031 addresses. According to our analysis of all the public data, 18 Purley Court, Purley is the 501st largest and the 557th most expensive property on the street.
When compared to the postcode district it is £315k less expensive than the average property in CR8.
18 Purley Court, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 18 Purley Court, Purley is Purley station which is 700 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 18 Purley Court, Purley, 37.3% of property is privately owned with a mortgage and 34.9% is privately rented.
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 18 Purley Court, Purley, 20.9% of residents are recorded as possessing school level qualifications and 44.7% 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 18 Purley Court, Purley, the average age was 36.6 and the most common age was 32.
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 18 Purley Court, Purley, 0.0% 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 18 Purley Court, Purley, 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.