According to the public record, Flat 1, Belvoir Heights 14, Purley is a mid-century leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Belvoir Heights, Russell Green Close, Purley, CR8.
Russell Green Close, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 1, Belvoir Heights 14, Purley has 21 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated February 2022.
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 Flat 1 Belvoir Heights 14 Purley as £441,626 and the rental value as £1,891 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 1 Belvoir Heights 14 Purley has increased by £9,934 (2.2%) and its rental value has increased by £96 per month (5.1%).
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 Flat 1, Belvoir Heights 14, Purley is in very good condition we estimate a sale value of £463,707 and rental value of £1,986 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,712 and a rental value of £1,759 per month.
If you were able to purchase this property for the estimated value of £441,626, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,170 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, Belvoir Heights 14, Purley was last sold on 06 May 2022 for £508,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Belvoir Heights 14, Purley within a radius of 580 metres over the last 2 years.
The most recent example is Flat 7, Belvoir Heights 14, Russell Green Close, Purley, CR8 2NR, a Leasehold flat which sold for £400,000 in Mar 2023.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Russell Green Close, Purley, CR8 has a total of 62 addresses. According to our analysis of all the public data, Flat 1, Belvoir Heights 14, Purley is the 49th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in CR8.
Flat 1, Belvoir Heights 14, Purley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, Belvoir Heights 14, Purley is Purley station which is 800 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, Belvoir Heights 14, Purley, 48.7% of property is privately owned outright and 43.7% 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 Flat 1, Belvoir Heights 14, Purley, 22.4% of residents are recorded as possessing school level qualifications and 53.9% 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, Belvoir Heights 14, 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, Belvoir Heights 14, Purley, 2.1% 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, Belvoir Heights 14, 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.