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By comparing it to neighbours, we estimate that it is a modern apartment with 907 ft2 of internal area and a balcony.
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 2, 33A, Smitham Bottom Lane, Purley is £382,383 and the estimated rental value is £1,854 per month.
The apartment is within 33A, Smitham Bottom Lane, Purley, CR8.
Smitham Bottom Lane, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 2, 33A, Smitham Bottom Lane, Purley has a single entry in the Land Registry from August 2023 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 1 out of 5 and is considered of low 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, 33A, Smitham Bottom Lane, Purley is in very good condition we estimate a sale value of £401,502 and a rental value of £1,947 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £355,616 and a rental value of £1,725 per month.
Over the last 12 months the sale value of Flat 2 33A Smitham Bottom Lane Purley has decreased by an estimated £8,925 (2.3%) and its rental value has increased by an estimated £67 per month (3.6%), giving an expected gross yield of 5.8%.
According to HM Land Registry, Flat 2, 33A, Smitham Bottom Lane, Purley was last sold on 2nd August 2023 for £480,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2023, the market for similar properties has dropped 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 33A, Smitham Bottom Lane, Purley within a radius of 1.0 kilometres over the last 2 years.
The most recent example is Flat 9, 33A, Smitham Bottom Lane, Purley, CR8 3ES, a leasehold flat which sold for £495,000 on the 25th October 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, Flat 2, 33A, Smitham Bottom Lane, Purley is the 109th largest and the 121st most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in CR8.
The nearest school is Woodcote High School which is 500 metres away. The nearest train station is Reedham (London) which is 1.2 kilometres away.
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