Flat 1, 2
Flat 1, 2
Description & Estimates
According to the public record, Flat 1, 2, Peaks Hill, Purley is a modern leasehold apartment with 1,421 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 Flat 1, 2, Peaks Hill, Purley is £605,133 and the estimated rental value is £2,615 per month.
The apartment is within 2, Peaks Hill, Purley, CR8.
Peaks Hill, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Our Data Sources
Flat 1, 2, Peaks Hill, Purley has a single entry in the Land Registry from September 2018 and a single entry in the EPC database dated June 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 Flat 1, 2, Peaks Hill, Purley is in very good condition we estimate a sale value of £635,390 and a rental value of £2,746 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £562,774 and a rental value of £2,432 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 2, Peaks Hill, Purley has dropped by £15,871 (2.6%), while its estimated rental value has risen by £91 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 5.2%.
Energy Efficiency
Flat 1, 2, Peaks Hill, Purley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Jun 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 1, 2, Peaks Hill, Purley was last sold on 17th September 2018 for £815,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2018, the market for similar properties has dropped by 0.5%.
- Sold Sep 2018£815,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 2, Peaks Hill, Purley within a radius of 790 metres over the last 2 years.
The most recent example is Flat 2, 2, Plough Lane, Purley, CR8 3QA, a leasehold flat which sold for £600,000 on the 25th March 2021.
Read more about house prices in CR8.
- Sold Mar 2021£600,000 | 3 Bed Flat2, Plough LaneFlat 2, 2, Plough Lane, Purley, CR8 3QA
- Sold Jul 2020£645,000 | 3 Bed FlatBylands Court 4, Plough LaneFlat 10, Bylands Court 4, Plough Lane, Purley, CR8 3QA
- Sold Oct 2018£625,000 | 3 Bed FlatSerene Court 92, Foxley LaneFlat 3, Serene Court 92, Foxley Lane, Purley, CR8 3NA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Peaks Hill, Purley, CR8 has a total of 53 addresses. According to our analysis of all the public data, Flat 1, 2, Peaks Hill, Purley is the 51st largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in CR8.
More reading links
Schools Nearby
- 600mMargaret Roper Catholic Primary School
- 800mWallington Primary Academy
- 1.2kmSt Elphege's RC Junior School
- 400mThe John Fisher School
- 600mThomas More Catholic School
- 1.5kmWallington High School for Girls
More reading links
Public Transport Nearby
The closest station to Flat 1, 2, Peaks Hill, Purley is Purley station, which is 1.3 kilometres away.
- 1.3kmPurley
- 1.5kmReedham (London)
- 2.1kmPurley Oaks
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
