According to the public record, Flat 3, Gemini Court 852, Purley is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Gemini Court, Brighton Road, Purley, CR8.
Brighton Road, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 3, Gemini Court 852, Purley has 2 entries in the Land Registry database, most recently in July 2021 and a single entry in the EPC database dated June 2021.
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 3 Gemini Court 852 Purley as £323,713 and the rental value as £1,637 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 3 Gemini Court 852 Purley has decreased by £161 (0.0%) and its rental value has increased by £47 per month (2.9%).
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 3, Gemini Court 852, Purley is in very good condition we estimate a sale value of £339,899 and rental value of £1,719 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,053 and a rental value of £1,523 per month.
If you were able to purchase this property for the estimated value of £323,713, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,591 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 3, Gemini Court 852, Purley was last sold on 06 Jul 2021 for £280,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2021, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Gemini Court 852, Purley within a radius of 460 metres over the last 2 years.
The most recent example is Flat 32, Gemini Court 852, Brighton Road, Purley, CR8 2FD, a Leasehold flat which sold for £337,500 in Mar 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 3, Gemini Court 852, Purley is the 401st largest and the 328th most expensive property on the street.
When compared to the postcode district it is £265k less expensive than the average property in CR8.
Flat 3, Gemini Court 852, Purley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jun 2021.
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 3, Gemini Court 852, 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 3, Gemini Court 852, Purley, 32.9% of property is shared ownership and 32.9% 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 3, Gemini Court 852, Purley, 15.4% of residents are recorded as possessing school level qualifications and 54.4% 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 3, Gemini Court 852, 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 3, Gemini Court 852, 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 3, Gemini Court 852, Purley, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.