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According to the public record, Flat 2, 40, Foxley Lane, Purley is a period leasehold apartment with 1,065 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 2, 40, Foxley Lane, Purley is £317,151 and the estimated rental value is £1,737 per month.
The apartment is within 40, Foxley Lane, Purley, CR8.
Foxley Lane, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 2, 40, Foxley Lane, Purley has 3 entries in the Land Registry , most recently in December 2022 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 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, 40, Foxley Lane, Purley is in very good condition we estimate a sale value of £333,008 and a rental value of £1,824 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,950 and a rental value of £1,616 per month.
Over the last 12 months the sale value of Flat 2 40 Foxley Lane Purley has decreased by an estimated £8,318 (2.6%) and its rental value has increased by an estimated £60 per month (3.5%), giving an expected gross yield of 6.6%.
Flat 2, 40, Foxley Lane, Purley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Apr 2014.
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, 40, Foxley Lane, Purley was last sold on 2nd December 2022 for £325,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2022, the market for similar properties has dropped 23.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 40, Foxley Lane, Purley within a radius of 670 metres over the last 2 years.
The most recent example is Flat 4, 10, Plough Lane, Purley, CR8 3QA, a leasehold flat which sold for £300,000 on the 16th February 2024.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Foxley Lane, Purley, CR8 has a total of 549 addresses. According to our analysis of all the public data, Flat 2, 40, Foxley Lane, Purley is the 178th largest and the 380th most expensive property on the street.
When compared to the postcode district it is £246k less expensive than the average property in CR8.
The nearest school is Margaret Roper Catholic Primary School which is 500 metres away. The nearest train station is Purley which is 1.0 kilometres away.
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