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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, 7, Watney Close, Purley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 361 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 7, Watney Close, Purley is £89,468 and the estimated rental value is £516 per month.
Watney Close, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
7, Watney Close, Purley has 2 entries in the Land Registry , most recently in August 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 7, Watney Close, Purley is in very good condition we estimate a sale value of £93,941 and a rental value of £542 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £83,205 and a rental value of £480 per month.
Over the last 12 months the sale value of 7 Watney Close Purley has decreased by an estimated £2,467 (2.8%) and its rental value has increased by an estimated £21 per month (4.1%), giving an expected gross yield of 6.9%.
According to HM Land Registry, 7, Watney Close, Purley was last sold on 1st August 2014 for £82,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2014, the market for similar properties has risen 107.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Watney Close, Purley within a radius of 530 metres over the last 2 years.
The most recent example is Flat 5, Holmgrove House 11, Brighton Road, Purley, CR8 2LR, a leasehold flat which sold for £83,000 on the 24th July 2008.
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, 7, Watney Close, Purley is the 103rd largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £467k 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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