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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 6, Foxley Lane, Purley is £244,391 and the estimated rental value is £1,350 per month.
The apartment is within 6, Foxley Lane, Purley, CR8.
Foxley Lane, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 2, 6, Foxley Lane, Purley has 3 entries in the Land Registry , most recently in May 2018 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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, 6, Foxley Lane, Purley is in very good condition we estimate a sale value of £256,610 and a rental value of £1,418 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,283 and a rental value of £1,256 per month.
Over the last 12 months the sale value of Flat 2 6 Foxley Lane Purley has decreased by an estimated £5,899 (2.4%) and its rental value has increased by an estimated £50 per month (3.7%), giving an expected gross yield of 6.6%.
Flat 2, 6, Foxley Lane, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 6, Foxley Lane, Purley was last sold on 30th May 2018 for £240,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2018, the market for similar properties has dropped 22.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 6, Foxley Lane, Purley within a radius of 450 metres over the last 2 years.
The most recent example is Flat 11, 4, Foxley Lane, Purley, CR8 3EP, a leasehold flat which sold for £292,000 on the 15th November 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, 6, Foxley Lane, Purley is the 507th largest and the 495th most expensive property on the street.
When compared to the postcode district it is £319k less expensive than the average property in CR8.
The nearest school is Margaret Roper Catholic Primary School which is 400 metres away. The nearest train station is Purley which is 600 metres away.
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