According to the public record, Flat 12, Redwing Court 2, Purley is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Redwing Court, Sunnydene Road, Purley, CR8.
Sunnydene Road, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 12, Redwing Court 2, Purley has 31 entries in the Land Registry database, most recently in December 2019 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 12 Redwing Court 2 Purley as £261,385 and the rental value as £1,353 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 12 Redwing Court 2 Purley has increased by £4,753 (1.8%) and its rental value has increased by £65 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 Flat 12, Redwing Court 2, Purley is in very good condition we estimate a sale value of £274,454 and rental value of £1,421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,088 and a rental value of £1,258 per month.
If you were able to purchase this property for the estimated value of £261,385, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,285 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 12, Redwing Court 2, Purley was last sold on 09 Dec 2019 for £278,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2019, the market for similar properties has risen 6.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, Redwing Court 2, Purley within a radius of 570 metres over the last 2 years.
The most recent example is 21, Godstone Mount, Purley, CR8 1BA, a Leasehold flat which sold for £285,000 in Aug 2022.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sunnydene Road, Purley, CR8 has a total of 64 addresses. According to our analysis of all the public data, Flat 12, Redwing Court 2, Purley is the 63rd largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £328k less expensive than the average property in CR8.
Flat 12, Redwing Court 2, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Feb 2022.
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 12, Redwing Court 2, Purley is Purley station which is 500 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 12, Redwing Court 2, Purley, 52.6% of property is privately owned with a mortgage and 24.6% 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 12, Redwing Court 2, Purley, 21.2% of residents are recorded as possessing school level qualifications and 49.7% 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 12, Redwing Court 2, 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 Flat 12, Redwing Court 2, Purley, 0.0% 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 12, Redwing Court 2, Purley, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.