According to the public record, 113B, Downs Court Road, Purley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 813 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 113, Downs Court Road, Purley, CR8.
Downs Court Road, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
113B, Downs Court Road, Purley has 3 entries in the Land Registry database, most recently in July 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 113B Downs Court Road Purley as £318,055 and the rental value as £1,546 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 113B Downs Court Road Purley has increased by £5,784 (1.8%) and its rental value has increased by £75 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 113B, Downs Court Road, Purley is in very good condition we estimate a sale value of £333,958 and rental value of £1,624 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,791 and a rental value of £1,438 per month.
If you were able to purchase this property for the estimated value of £318,055, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,563 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, 113B, Downs Court Road, Purley was last sold on 25 Jul 2008 for £220,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2008, the market for similar properties has risen 48.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 113B, Downs Court Road, Purley within a radius of 620 metres over the last 2 years.
The most recent example is Flat 8, Oakhurst Court 4, Hayes Lane, Kenley, CR8 5GZ, a Leasehold flat which sold for £326,000 in Nov 2023.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Downs Court Road, Purley, CR8 has a total of 131 addresses. According to our analysis of all the public data, 113B, Downs Court Road, Purley is the 108th largest and the 120th most expensive property on the street.
When compared to the postcode district it is £271k less expensive than the average property in CR8.
The closest station to 113B, Downs Court Road, Purley is Riddlesdown 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 113B, Downs Court Road, Purley, 40.5% of property is privately owned with a mortgage and 38.9% 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 113B, Downs Court Road, Purley, 18.4% of residents are recorded as possessing school level qualifications and 47.6% 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 113B, Downs Court Road, 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 113B, Downs Court Road, Purley, 0.9% 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 113B, Downs Court Road, Purley, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.