According to the public record, Flat 1, 1A, Wilmot Road, Purley is a early-century apartment with 1,205 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1A, Wilmot Road, Purley, CR8.
Wilmot Road, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 1, 1A, Wilmot Road, Purley has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2014.
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 Flat 1 1A Wilmot Road Purley as £383,759 and the rental value as £1,920 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 1 1A Wilmot Road Purley has increased by £4,690 (1.2%) and its rental value has increased by £80 per month (4.2%).
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 Flat 1, 1A, Wilmot Road, Purley is in very good condition we estimate a sale value of £402,947 and rental value of £2,016 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,896 and a rental value of £1,786 per month.
If you were able to purchase this property for the estimated value of £383,759, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,886 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, Flat 1, 1A, Wilmot Road, Purley was last sold on 20 Feb 2004 for £238,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 1A, Wilmot Road, Purley within a radius of 500 metres over the last 2 years.
The most recent example is 19A , Dale Road, Purley, CR8 2ED, a Leasehold flat which sold for £390,000 in Jan 2023.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilmot Road, Purley, CR8 has a total of 23 addresses. According to our analysis of all the public data, Flat 1, 1A, Wilmot Road, Purley is the 4th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £205k less expensive than the average property in CR8.
Flat 1, 1A, Wilmot Road, Purley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Nov 2014.
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 Flat 1, 1A, Wilmot Road, 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 Flat 1, 1A, Wilmot Road, Purley, 36.6% of property is privately owned with a mortgage and 34.2% 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 Flat 1, 1A, Wilmot Road, Purley, 15.0% of residents are recorded as possessing school level qualifications and 47.9% 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 Flat 1, 1A, Wilmot 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 Flat 1, 1A, Wilmot Road, Purley, 0.7% 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 Flat 1, 1A, Wilmot Road, 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.