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According to the public record, 3, Fairbairn Close, Purley is a modern leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Fairbairn Close, Purley is £171,301 and the estimated rental value is £1,014 per month.
Fairbairn Close, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
3, Fairbairn Close, Purley has 61 entries in the Land Registry , most recently in November 2018 and a single entry in the EPC database dated February 2018.
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 3, Fairbairn Close, Purley is in very good condition we estimate a sale value of £179,866 and a rental value of £1,064 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,310 and a rental value of £943 per month.
Over the last 12 months the sale value of 3 Fairbairn Close Purley has decreased by an estimated £3,065 (1.8%) and its rental value has increased by an estimated £46 per month (4.6%), giving an expected gross yield of 7.1%.
3, Fairbairn Close, Purley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Feb 2018.
The property is not connected to mains gas and has full secondary glazing. It is heated using No system present: electric heaters assumed.
According to HM Land Registry, 3, Fairbairn Close, Purley was last sold on 23rd November 2018 for £170,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since November 2018, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Fairbairn Close, Purley within a radius of 530 metres over the last 2 years.
The most recent example is 19, Fairbairn Close, Purley, CR8 4DZ, a leasehold flat which sold for £131,000 on the 17th January 2024.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairbairn Close, Purley, CR8 has a total of 54 addresses. According to our analysis of all the public data, 3, Fairbairn Close, Purley is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £392k less expensive than the average property in CR8.
The nearest school is Beaumont Primary School which is 500 metres away. The nearest train station is Reedham (London) which is 300 metres away.
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