1, Musgrove Close
1, Musgrove Close
Description & Estimates
Public records show 1, Musgrove Close, Purley to be a modern leasehold apartment with 688 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
1, Musgrove Close, Purley has an estimated sale value of £232,144 and an estimated rental value of £1,335 per month, assuming reasonable condition and based on the information available.
Musgrove Close, Purley, CR8 lies in the borough of Croydon, within the CR8 postal district.
Our Data Sources
1, Musgrove Close, Purley has a single entry in the Land Registry from May 2008 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 1, Musgrove Close, Purley would be worth £243,751, with a potential rental value of £1,402 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £215,894, with a rental value of £1,242 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Musgrove Close, Purley has declined by £5,604 (2.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £50 (3.7%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
1, Musgrove Close, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
1, Musgrove Close, Purley last changed hands on 30th May 2008, selling for £247,950. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 66.4% since May 2008.
- Sold May 2008£247,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of 1, Musgrove Close, Purley across the last 2 years.
Most recently, Flat 10, Andrew's House 124, Brighton Road, Purley, CR8 4AB, a leasehold flat, sold at £262,000 on the 4th September 2023.
Read more about house prices in CR8.
- Sold Sep 2023£262,000 | 2 Bed FlatAndrew's House 124, Brighton RoadFlat 10, Andrew's House 124, Brighton Road, Purley, CR8 4AB
- Sold Nov 2022£305,000 | 2 Bed FlatAndrew's House 124, Brighton RoadFlat 18, Andrew's House 124, Brighton Road, Purley, CR8 4AB
- Sold Apr 2020£725,000 | 2 Bed FlatMillen Court 129, Brighton RoadFlat 2, Millen Court 129, Brighton Road, Purley, CR8 4FH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 1, Musgrove Close, Purley as the 14th largest and the 14th most expensive of the 29 addresses on Musgrove Close, Purley, CR8.
Against the CR8 postcode district average, it is £331k less expensive than the typical property.
More reading links
Schools Nearby
- 300mBeaumont Primary School
- 1.0kmWoodcote Primary School
- 1.6kmHarris Primary Academy Kenley
- 1.1kmWoodcote High School
- 1.6kmThomas More Catholic School
- 1.9kmThe John Fisher School
More reading links
Public Transport Nearby
Reedham (London) station is the nearest stop to 1, Musgrove Close, Purley at 300 metres away.
- 300mReedham (London)
- 1.0kmCoulsdon Town
- 1.2kmPurley
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
