According to the public record, Flat 1, Quinton Court 37, Purley is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Quinton Court, Smitham Downs Road, Purley, CR8.
Smitham Downs Road, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 1, Quinton Court 37, Purley has a single entry in the Land Registry database from July 2020 and a single entry in the EPC database dated June 2020.
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 good condition, we estimate the current sale value for Flat 1 Quinton Court 37 Purley as £397,773 and the rental value as £1,699 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 1 Quinton Court 37 Purley has increased by £5,079 (1.3%) and its rental value has increased by £73 per month (4.3%).
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, Quinton Court 37, Purley is in very good condition we estimate a sale value of £417,661 and rental value of £1,784 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,928 and a rental value of £1,580 per month.
If you were able to purchase this property for the estimated value of £397,773, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,955 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, Quinton Court 37, Purley was last sold on 17 Jul 2020 for £420,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2020, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Quinton Court 37, Purley within a radius of 740 metres over the last 2 years.
The most recent example is Flat 2, Quinton Court 37, Smitham Downs Road, Purley, CR8 4FB, a Leasehold flat which sold for £365,000 in Aug 2023.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smitham Downs Road, Purley, CR8 has a total of 78 addresses. According to our analysis of all the public data, Flat 1, Quinton Court 37, Purley is the 69th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £191k less expensive than the average property in CR8.
Flat 1, Quinton Court 37, Purley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Jun 2020.
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, Quinton Court 37, Purley is Coulsdon Town 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, Quinton Court 37, Purley, 53.7% of property is privately owned with a mortgage and 26.9% 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 Flat 1, Quinton Court 37, Purley, 19.1% of residents are recorded as possessing school level qualifications and 51.6% 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 Flat 1, Quinton Court 37, Purley, the average age was 42.8 and the most common age was 57.
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, Quinton Court 37, Purley, 1.0% 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, Quinton Court 37, Purley, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.