According to the public record, Flat 5, Walker House 55A, Purley is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Walker House, Partridge Knoll, Purley, CR8.
Partridge Knoll, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 5, Walker House 55A, Purley has a single entry in the Land Registry database from October 2018 and a single entry in the EPC database dated November 2012.
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 5 Walker House 55A Purley as £133,781 and the rental value as £743 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 5 Walker House 55A Purley has increased by £503 (0.4%) and its rental value has increased by £25 per month (3.3%).
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 5, Walker House 55A, Purley is in very good condition we estimate a sale value of £140,471 and rental value of £780 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,417 and a rental value of £691 per month.
If you were able to purchase this property for the estimated value of £133,781, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £657 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 5, Walker House 55A, Purley was last sold on 25 Oct 2018 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2018, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Walker House 55A, Purley within a radius of 570 metres over the last 2 years.
The most recent example is Flat 10, Walker House 55A, Partridge Knoll, Purley, CR8 1AY, a Leasehold flat which sold for £100,000 in Jun 2023.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Partridge Knoll, Purley, CR8 has a total of 127 addresses. According to our analysis of all the public data, Flat 5, Walker House 55A, Purley is the 104th largest and the 127th most expensive property on the street.
When compared to the postcode district it is £455k less expensive than the average property in CR8.
Flat 5, Walker House 55A, Purley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Nov 2012.
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 5, Walker House 55A, Purley is Purley station which is 600 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 5, Walker House 55A, Purley, 53.0% of property is socially rented and 17.5% 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 5, Walker House 55A, Purley, 29.1% of residents are recorded as possessing school level qualifications and 28.5% 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 5, Walker House 55A, 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 5, Walker House 55A, Purley, 0.2% 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 5, Walker House 55A, Purley, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.