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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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According to the public record, 5, Musgrove Close, Purley is a modern apartment with 742 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 5, Musgrove Close, Purley is £241,547 and the estimated rental value is £1,372 per month.
Musgrove Close, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
5, Musgrove Close, Purley has no records in the the Land Registry and a single entry in the EPC database dated January 2023.
We combine this information with public data 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.
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 5, Musgrove Close, Purley is in very good condition we estimate a sale value of £253,624 and a rental value of £1,441 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,639 and a rental value of £1,276 per month.
Over the past 12 months, the estimated sale value of 5, Musgrove Close, Purley has declined by £5,831 (2.4%), while its estimated rental value has climbed by £51 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 6.8%.
5, Musgrove Close, Purley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jan 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Musgrove Close, Purley within a radius of 560 metres over the last 2 years.
The most recent example is 7, Musgrove Close, Purley, CR8 4ES, a leasehold flat which sold for £315,000 on the 2nd December 2022.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Musgrove Close, Purley, CR8 has a total of 29 addresses. According to our analysis of all the public data, 5, Musgrove Close, Purley is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £322k less expensive than the average property in CR8.
The closest station to 5, Musgrove Close, Purley is Reedham (London) station, which is 300 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Musgrove Close, Purley, 41.3% of property is socially rented and 24.7% is privately rented.
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 5, Musgrove Close, Purley, 23.0% of residents are recorded as possessing school level qualifications and 37.0% 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 5, Musgrove Close, Purley, the average age was 38.7 and the most common age was 37.
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 5, Musgrove Close, Purley, 0.7% 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 5, Musgrove Close, Purley, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
