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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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The public record describes 24, Russell Hill, Purley as a period apartment with 1,603 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
24, Russell Hill, Purley has an estimated sale value of £477,602 and an estimated rental value of £2,332 per month, assuming reasonable condition and based on the information available.
The apartment sits within 24, Russell Hill, Purley, CR8.
Russell Hill, Purley, CR8 lies in the borough of Croydon, within the CR8 postal district.
24, Russell Hill, Purley has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2019.
We combine this information with public data 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.
In very good condition, we estimate 24, Russell Hill, Purley would be worth £501,482, with a potential rental value of £2,449 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £444,170, with a rental value of £2,169 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 24, Russell Hill, Purley has fallen by £14,045 (2.9%) over the last year. During the same period, its estimated monthly rental value has moved up by £82 (3.5%). The property's estimated gross yield is currently 5.9%.
24, Russell Hill, Purley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
24, Russell Hill, Purley last changed hands on 1st July 2005, selling for £250,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 24, Russell Hill, Purley across the last 2 years.
Most recently, Flat 9, 32A, Russell Hill, Purley, CR8 2JA, a leasehold flat, sold at £596,000 on the 12th July 2023.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 24, Russell Hill, Purley as the 30th largest and the 47th most expensive of the 249 addresses on Russell Hill, Purley, CR8.
Against the CR8 postcode district average, it is £86k less expensive than the typical property.
Purley station is the nearest stop to 24, Russell Hill, Purley at 800 metres away.
Ofcom's latest figures show standard broadband available in this area.
According to recent data from Ofcom, Standard broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 24, Russell Hill, Purley, 36.8% of property is privately owned with a mortgage and 34.1% is privately owned outright.
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 24, Russell Hill, Purley, 24.0% of residents are recorded as possessing school level qualifications and 57.4% 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 24, Russell Hill, 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 24, Russell Hill, Purley, 1.6% 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 24, Russell Hill, Purley, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
