According to the public record, 656, Brighton Road, Purley is a mid-century leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Brighton Road, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
656, Brighton Road, Purley has 21 entries in the Land Registry database, most recently in May 2015 and a single entry in the EPC database dated January 2015.
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 656 Brighton Road Purley as £252,185 and the rental value as £1,379 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 656 Brighton Road Purley has increased by £4,699 (1.9%) and its rental value has increased by £63 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 656, Brighton Road, Purley is in very good condition we estimate a sale value of £264,794 and rental value of £1,448 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,532 and a rental value of £1,283 per month.
If you were able to purchase this property for the estimated value of £252,185, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,239 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, 656, Brighton Road, Purley was last sold on 29 May 2015 for £240,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2015, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 656, Brighton Road, Purley within a radius of 530 metres over the last 2 years.
The most recent example is 125, Kingsdown Avenue, South Croydon, CR2 6QL, a Leasehold flat which sold for £260,000 in Jul 2021.
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, 656, Brighton Road, Purley is the 741st largest and the 729th most expensive property on the street.
When compared to the postcode district it is £337k less expensive than the average property in CR8.
656, Brighton Road, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jan 2015.
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 656, Brighton Road, Purley is Purley Oaks 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 656, Brighton Road, Purley, 46.8% of property is privately owned with a mortgage and 20.2% 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 656, Brighton Road, Purley, 26.7% of residents are recorded as possessing school level qualifications and 39.8% 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 656, Brighton Road, 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 656, Brighton Road, 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 656, Brighton Road, 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.