According to the public record, Apartment 6, 5, Greyfields Close, Purley is a modern apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 5, Greyfields Close, Purley, CR8.
Greyfields Close, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Apartment 6, 5, Greyfields Close, Purley has no records in the Land Registry database and a single entry in the EPC database dated July 2011.
We combine this information with public data 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 Apartment 6 5 Greyfields Close Purley as £271,225 and the rental value as £1,434 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Apartment 6 5 Greyfields Close Purley has increased by £4,932 (1.8%) and its rental value has increased by £69 per month (4.8%).
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 Apartment 6, 5, Greyfields Close, Purley is in very good condition we estimate a sale value of £284,786 and rental value of £1,506 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,239 and a rental value of £1,334 per month.
If you were able to purchase this property for the estimated value of £271,225, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,333 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 6, 5, Greyfields Close, Purley within a radius of 550 metres over the last 2 years.
The most recent example is 77, Partridge Knoll, Purley, CR8 1BT, a Leasehold flat which sold for £257,000 in Sep 2022.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Greyfields Close, Purley, CR8 has a total of 21 addresses. According to our analysis of all the public data, Apartment 6, 5, Greyfields Close, Purley is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £318k less expensive than the average property in CR8.
Apartment 6, 5, Greyfields Close, Purley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jul 2011.
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 Apartment 6, 5, Greyfields Close, Purley is Riddlesdown 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 Apartment 6, 5, Greyfields Close, Purley, 53.0% of property is socially rented and 17.5% 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 Apartment 6, 5, Greyfields Close, Purley, 29.1% of residents are recorded as possessing school level qualifications and 28.5% 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 Apartment 6, 5, Greyfields Close, Purley, the average age was 38.9 and the most common age was 37.
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 Apartment 6, 5, Greyfields Close, Purley, 0.2% 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 Apartment 6, 5, Greyfields Close, 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.