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According to the public record, 1, The Pines, Purley is a mid-century leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, The Pines, Purley is £244,858 and the estimated rental value is £1,415 per month.
The Pines, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
1, The Pines, Purley has a single entry in the Land Registry from March 2014 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 1, The Pines, Purley is in very good condition we estimate a sale value of £257,101 and a rental value of £1,486 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,718 and a rental value of £1,316 per month.
Over the last 12 months the sale value of 1 The Pines Purley has decreased by an estimated £5,911 (2.4%) and its rental value has increased by an estimated £53 per month (3.7%), giving an expected gross yield of 6.9%.
1, The Pines, Purley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 1, The Pines, Purley was last sold on 2nd March 2014 for £167,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2014, the market for similar properties has risen 44.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, The Pines, Purley within a radius of 590 metres over the last 2 years.
The most recent example is 34, The Pines, Purley, CR8 2DZ, a leasehold flat which sold for £300,000 on the 3rd May 2024.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Pines, Purley, CR8 has a total of 54 addresses. According to our analysis of all the public data, 1, The Pines, Purley is the 49th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £318k less expensive than the average property in CR8.
The nearest school is Harris Primary Academy Kenley which is 500 metres away. The nearest train station is Riddlesdown which is 600 metres away.
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