According to the public record, 932B, Brighton Road, Purley is a period leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 932, Brighton Road, Purley, CR8.
Brighton Road, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
932B, Brighton Road, Purley has 41 entries in the Land Registry database, most recently in January 2024 and a single entry in the EPC database dated May 2023.
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 932B Brighton Road Purley as £304,036 and the rental value as £1,605 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 932B Brighton Road Purley has increased by £3,475 (1.1%) and its rental value has increased by £66 per month (4.1%).
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 932B, Brighton Road, Purley is in very good condition we estimate a sale value of £319,237 and rental value of £1,686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,753 and a rental value of £1,493 per month.
If you were able to purchase this property for the estimated value of £304,036, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,494 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, 932B, Brighton Road, Purley was last sold on 10 Jan 2024 for £300,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2024, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 932B, Brighton Road, Purley within a radius of 480 metres over the last 2 years.
The most recent example is 958B, Brighton Road, Purley, CR8 2LP, a Leasehold flat which sold for £295,000 in May 2023.
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, 932B, Brighton Road, Purley is the 246th largest and the 430th most expensive property on the street.
When compared to the postcode district it is £285k less expensive than the average property in CR8.
932B, Brighton Road, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 May 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 932B, Brighton Road, Purley is Purley station which is 300 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 932B, Brighton Road, Purley, 48.3% of property is privately owned with a mortgage and 42.5% 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 932B, Brighton Road, Purley, 20.7% of residents are recorded as possessing school level qualifications and 60.6% 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 932B, Brighton Road, 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 932B, Brighton Road, Purley, 3.4% 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 932B, Brighton Road, Purley, there are an average of 1.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.