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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
According to the public record, Flat 2, 28, Grasmere Road, Purley is a modern leasehold apartment with 990 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 28, Grasmere Road, Purley is £423,500 and the estimated rental value is £1,845 per month.
The apartment is within 28, Grasmere Road, Purley, CR8.
Grasmere Road, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 2, 28, Grasmere Road, Purley has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated June 2020.
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 Flat 2, 28, Grasmere Road, Purley is in very good condition we estimate a sale value of £444,675 and a rental value of £1,938 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £393,855 and a rental value of £1,716 per month.
Over the last 12 months the sale value of Flat 2 28 Grasmere Road Purley has decreased by an estimated £9,885 (2.3%) and its rental value has increased by an estimated £67 per month (3.6%), giving an expected gross yield of 5.2%.
Flat 2, 28, Grasmere Road, Purley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Jun 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 28, Grasmere Road, Purley was last sold on 30th June 2021 for £455,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has dropped 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 28, Grasmere Road, Purley within a radius of 530 metres over the last 2 years.
The most recent example is Flat 2, 55, Selcroft Road, Purley, CR8 1AJ, a leasehold flat which sold for £425,000 on the 21st June 2023.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grasmere Road, Purley, CR8 has a total of 83 addresses. According to our analysis of all the public data, Flat 2, 28, Grasmere Road, Purley is the 60th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in CR8.
The nearest school is Christ Church CofE Primary School (Purley) which is 400 metres away. The nearest train station is Purley which is 500 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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