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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 10, Plough Lane, Purley is £304,926 and the estimated rental value is £1,583 per month.
The apartment is within 10, Plough Lane, Purley, CR8.
Plough Lane, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 2, 10, Plough Lane, Purley has a single entry in the Land Registry from January 2014 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 Flat 2, 10, Plough Lane, Purley is in very good condition we estimate a sale value of £320,172 and a rental value of £1,662 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,581 and a rental value of £1,472 per month.
Over the last 12 months the sale value of Flat 2 10 Plough Lane Purley has decreased by an estimated £7,361 (2.4%) and its rental value has increased by an estimated £59 per month (3.7%), giving an expected gross yield of 6.2%.
Flat 2, 10, Plough Lane, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 10, Plough Lane, Purley was last sold on 21st January 2014 for £320,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2014, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 10, Plough Lane, Purley within a radius of 650 metres over the last 2 years.
The most recent example is Flat 7, 10, Plough Lane, Purley, CR8 3QA, a leasehold flat which sold for £302,500 on the 23rd August 2024.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Plough Lane, Purley, CR8 has a total of 133 addresses. According to our analysis of all the public data, Flat 2, 10, Plough Lane, Purley is the 113th largest and the 117th most expensive property on the street.
When compared to the postcode district it is £258k less expensive than the average property in CR8.
The nearest school is Margaret Roper Catholic Primary School which is 400 metres away. The nearest train station is Purley which is 900 metres away.
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