According to the public record, Flat 22, 130, Brighton Road, Purley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 846 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 130, Brighton Road, Purley, CR8.
Brighton Road, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 22, 130, Brighton Road, Purley has 2 entries in the Land Registry database, most recently in July 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 22 130 Brighton Road Purley as £300,625 and the rental value as £1,556 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 22 130 Brighton Road Purley has increased by £3,858 (1.3%) and its rental value has increased by £66 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 22, 130, Brighton Road, Purley is in very good condition we estimate a sale value of £315,656 and rental value of £1,634 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,581 and a rental value of £1,447 per month.
If you were able to purchase this property for the estimated value of £300,625, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,477 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 22, 130, Brighton Road, Purley was last sold on 06 Jul 2020 for £306,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, 130, Brighton Road, Purley within a radius of 570 metres over the last 2 years.
The most recent example is Flat 23, 130, Brighton Road, Purley, CR8 4EX, a Leasehold flat which sold for £297,500 in Nov 2022.
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, Flat 22, 130, Brighton Road, Purley is the 324th largest and the 442nd most expensive property on the street.
When compared to the postcode district it is £288k less expensive than the average property in CR8.
The closest station to Flat 22, 130, Brighton Road, Purley is Reedham (London) station which is 100 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 22, 130, Brighton Road, Purley, 38.5% of property is privately rented and 29.2% 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 22, 130, Brighton Road, Purley, 18.7% of residents are recorded as possessing school level qualifications and 41.7% 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 22, 130, Brighton Road, 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 22, 130, Brighton Road, Purley, 0.9% 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 22, 130, Brighton Road, Purley, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.