According to the public record, 4, Godstone Mount, Purley is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Godstone Mount, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
4, Godstone Mount, Purley has a single entry in the Land Registry database from September 2006 and a single entry in the EPC database dated November 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 4 Godstone Mount Purley as £268,483 and the rental value as £1,315 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 4 Godstone Mount Purley has increased by £5,469 (2.0%) and its rental value has increased by £66 per month (5.0%).
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 4, Godstone Mount, Purley is in very good condition we estimate a sale value of £281,907 and rental value of £1,381 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,689 and a rental value of £1,223 per month.
If you were able to purchase this property for the estimated value of £268,483, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,320 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, 4, Godstone Mount, Purley was last sold on 28 Sep 2006 for £153,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Godstone Mount, Purley within a radius of 560 metres over the last 2 years.
The most recent example is 21, Godstone Mount, Purley, CR8 1BA, a Leasehold flat which sold for £285,000 in Aug 2022.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Godstone Mount, Purley, CR8 has a total of 27 addresses. According to our analysis of all the public data, 4, Godstone Mount, Purley is the 13th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £320k less expensive than the average property in CR8.
4, Godstone Mount, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Nov 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 4, Godstone Mount, Purley is Purley station which is 400 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 4, Godstone Mount, Purley, 27.0% of property is privately owned outright and 25.3% 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 4, Godstone Mount, Purley, 18.0% of residents are recorded as possessing school level qualifications and 43.7% 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 4, Godstone Mount, 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 4, Godstone Mount, Purley, 0.5% 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 4, Godstone Mount, Purley, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.