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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, 55, Selcroft Road, Purley is £418,785 and the estimated rental value is £1,906 per month.
The apartment is within 55, Selcroft Road, Purley, CR8.
Selcroft Road, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 2, 55, Selcroft Road, Purley has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, 55, Selcroft Road, Purley is in very good condition we estimate a sale value of £439,724 and a rental value of £2,002 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £389,470 and a rental value of £1,773 per month.
Over the last 12 months the sale value of Flat 2 55 Selcroft Road Purley has decreased by an estimated £10,983 (2.6%) and its rental value has increased by an estimated £66 per month (3.5%), giving an expected gross yield of 5.5%.
Flat 2, 55, Selcroft Road, Purley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat 2, 55, Selcroft Road, Purley was last sold on 21st June 2023 for £425,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has dropped 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 55, Selcroft Road, Purley within a radius of 520 metres over the last 2 years.
The most recent example is Flat 55, Astoria Court 116, High Street, Purley, CR8 2XT, a leasehold flat which sold for £500,000 on the 14th October 2024.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Selcroft Road, Purley, CR8 has a total of 112 addresses. According to our analysis of all the public data, Flat 2, 55, Selcroft Road, Purley is the 75th largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in CR8.
The nearest school is Christ Church CofE Primary School (Purley) which is 600 metres away. The nearest train station is Purley which is 300 metres away.
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