Flat 2, 57
Flat 2, 57
Description & Estimates
Flat 2, 57, Woodcrest Road, Purley is recorded publicly as a modern leasehold apartment across 1,054 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 2, 57, Woodcrest Road, Purley is £451,919 and its rental estimate is £1,953 per month, given the available information and assuming reasonable condition.
57, Woodcrest Road is a residential building on Woodcrest Road, Purley, CR8 and falls within the CR8 postal district and the borough of Croydon.
Our Data Sources
Flat 2, 57, Woodcrest Road, Purley has a single entry in the Land Registry from January 2021 and a single entry in the EPC database dated August 2020.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, 57, Woodcrest Road, Purley, we estimate a market value of £474,515 and a rental value of £2,050 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £420,285 and £1,816 per month respectively.
Recent Market Change
Over the last year, Flat 2, 57, Woodcrest Road, Purley has seen its estimated sale value fall by £10,548 (2.3%) and its estimated rental value move up by £71 per month (3.6%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
Flat 2, 57, Woodcrest Road, Purley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, 57, Woodcrest Road, Purley completed on 15th January 2021 at £500,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 12.0% over the period since January 2021.
- Sold Jan 2021£500,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 57, Woodcrest Road, Purley have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th February 2021, was Flat 5, 57, Woodcrest Road, Purley, CR8 4JD, a leasehold flat which sold for £547,500.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 94 addresses on Woodcrest Road, Purley, CR8, Flat 2, 57, Woodcrest Road, Purley comes out as the 77th largest and the 77th most expensive in our analysis of the public data.
It is also £111k less expensive than the average property across the CR8 district.
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Schools Nearby
- 700mBeaumont Primary School
- 700mWoodcote Primary School
- 1.6kmMargaret Roper Catholic Primary School
- 800mWoodcote High School
- 1.6kmThomas More Catholic School
- 1.6kmThe John Fisher School
More reading links
Public Transport Nearby
From Flat 2, 57, Woodcrest Road, Purley, the nearest station is Reedham (London), 400 metres away.
- 400mReedham (London)
- 1.0kmCoulsdon Town
- 1.3kmPurley
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
