According to the public record, 3, Rosebay Apartments 1, Purley is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Rosebay Apartments, Russell Hill, Purley, CR8.
Russell Hill, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
3, Rosebay Apartments 1, Purley has 3 entries in the Land Registry database, most recently in May 2023 and a single entry in the EPC database dated November 2016.
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 3 Rosebay Apartments 1 Purley as £138,996 and the rental value as £734 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 3 Rosebay Apartments 1 Purley has decreased by £565 (0.4%) and its rental value has increased by £17 per month (2.4%).
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 3, Rosebay Apartments 1, Purley is in very good condition we estimate a sale value of £145,946 and rental value of £770 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,266 and a rental value of £682 per month.
If you were able to purchase this property for the estimated value of £138,996, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £683 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, 3, Rosebay Apartments 1, Purley was last sold on 19 May 2023 for £145,250 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2023, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Rosebay Apartments 1, Purley within a radius of 500 metres over the last 2 years.
The most recent example is 1, Rosebay Apartments 1, Russell Hill, Purley, CR8 2JB, a Leasehold flat which sold for £150,000 in Feb 2022.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Russell Hill, Purley, CR8 has a total of 222 addresses. According to our analysis of all the public data, 3, Rosebay Apartments 1, Purley is the 130th largest and the 218th most expensive property on the street.
When compared to the postcode district it is £450k less expensive than the average property in CR8.
3, Rosebay Apartments 1, Purley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Nov 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 3, Rosebay Apartments 1, Purley is Purley station which is 800 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 3, Rosebay Apartments 1, Purley, 52.6% of property is privately owned outright and 43.0% is privately owned with a mortgage.
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 3, Rosebay Apartments 1, Purley, 16.4% of residents are recorded as possessing school level qualifications and 62.7% 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 3, Rosebay Apartments 1, Purley, the average age was 40.9 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 3, Rosebay Apartments 1, Purley, 2.6% 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 3, Rosebay Apartments 1, Purley, there are an average of 1.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.