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According to the public record, 50A, Smitham Bottom Lane, Purley is a early-century leasehold apartment with 1,743 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 50A, Smitham Bottom Lane, Purley is £518,868 and the estimated rental value is £2,482 per month.
The apartment is within 50, Smitham Bottom Lane, Purley, CR8.
Smitham Bottom Lane, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
50A, Smitham Bottom Lane, Purley has 21 entries in the Land Registry , most recently in June 2015 and a single entry in the EPC database dated April 2014.
We combine this information with that 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 50A, Smitham Bottom Lane, Purley is in very good condition we estimate a sale value of £544,812 and a rental value of £2,606 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £482,548 and a rental value of £2,308 per month.
Over the last 12 months the sale value of 50A Smitham Bottom Lane Purley has decreased by an estimated £13,608 (2.6%) and its rental value has increased by an estimated £86 per month (3.5%), giving an expected gross yield of 5.7%.
50A, Smitham Bottom Lane, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Apr 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 50A, Smitham Bottom Lane, Purley was last sold on 30th June 2015 for £440,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2015, the market for similar properties has dropped 18.5%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 50A, Smitham Bottom Lane, Purley within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 8, Kingsmead Court 10, Smitham Downs Road, Purley, CR8 4FG, a leasehold flat which sold for £485,000 on the 12th December 2024.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smitham Bottom Lane, Purley, CR8 has a total of 143 addresses. According to our analysis of all the public data, 50A, Smitham Bottom Lane, Purley is the 72nd largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in CR8.
The nearest school is Woodcote High School which is 300 metres away. The nearest train station is Reedham (London) which is 1.1 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
