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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Sovereign Close, Purley is a modern freehold house with 2,400 ft2 of internal area and sits on a 683 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Sovereign Close, Purley is £1,020,237 and the estimated rental value is £3,136 per month.
Sovereign Close, Purley, CR8 is located in the borough of Sutton within the CR8 postal district.
2, Sovereign Close, Purley has 41 entries in the Land Registry , most recently in August 2018 and a single entry in the EPC database dated May 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2, Sovereign Close, Purley is in very good condition we estimate a sale value of £1,071,249 and a rental value of £3,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £948,821 and a rental value of £2,917 per month.
Over the last 12 months the sale value of 2 Sovereign Close Purley has decreased by an estimated £48,301 (4.7%) and its rental value has increased by an estimated £56 per month (1.8%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 2, Sovereign Close, Purley sits on a plot of 683m2.
We have plot size data on 15 out of 15 other houses in the postcode and 2, Sovereign Close, Purley sits on the largest plot.
2, Sovereign Close, Purley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Sovereign Close, Purley was last sold on 24th August 2018 for £900,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since August 2018, the market for similar properties has risen 3.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Sovereign Close, Purley within a radius of 790 metres over the last 2 years.
The most recent example is 65A, Foxley Lane, Purley, CR8 3EH, a freehold house which sold for £956,000 on the 3rd May 2024.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sovereign Close, Purley, CR8 has a total of 15 addresses. According to our analysis of all the public data, 2, Sovereign Close, Purley is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £463k more expensive than the average property in CR8.
The nearest school is Margaret Roper Catholic Primary School which is 364 metres away. The nearest train station is Purley which is 1.2 kilometres away.
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