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According to the public record, 62, Watney Close, Purley is a modern leasehold apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 62, Watney Close, Purley is £138,175 and the estimated rental value is £764 per month.
Watney Close, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
62, Watney Close, Purley has a single entry in the Land Registry from November 2007 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 62, Watney Close, Purley is in very good condition we estimate a sale value of £145,084 and a rental value of £802 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,503 and a rental value of £711 per month.
Over the last 12 months the sale value of 62 Watney Close Purley has decreased by an estimated £4,881 (3.5%) and its rental value has increased by an estimated £23 per month (3.0%), giving an expected gross yield of 6.6%.
62, Watney Close, Purley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Sep 2022.
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, 62, Watney Close, Purley was last sold on 26th November 2007 for £92,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2007, the market for similar properties has risen 36.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 530 metres radius of 62, Watney Close, Purley over the last 2 years.
The most recent example is 61, Watney Close, Purley, CR8 4BS, a leasehold flat which sold for £90,000 on the 30th September 2024.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watney Close, Purley, CR8 has a total of 108 addresses. According to our analysis of all the public data, 62, Watney Close, Purley is the 7th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £419k less expensive than the average property in CR8.
The nearest school is Beaumont Primary School which is 464 metres away. The nearest train station is Reedham (London) which is 200 metres away.
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