Flat 3, 25
Flat 3, 25
Description & Estimates
Flat 3, 25, Monahan Avenue, Purley is recorded publicly as a modern leasehold apartment across 1,237 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 3, 25, Monahan Avenue, Purley is £530,788 and its rental estimate is £2,294 per month, given the available information and assuming reasonable condition.
25, Monahan Avenue is a residential building on Monahan Avenue, Purley, CR8 and falls within the CR8 postal district and the borough of Croydon.
Our Data Sources
Flat 3, 25, Monahan Avenue, Purley has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated April 2020.
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.
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 3, 25, Monahan Avenue, Purley, we estimate a market value of £557,327 and a rental value of £2,408 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £493,633 and £2,133 per month respectively.
Recent Market Change
Over the last year, Flat 3, 25, Monahan Avenue, Purley has seen its estimated sale value decline by £13,921 (2.6%) and its estimated rental value climb by £80 per month (3.5%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
Flat 3, 25, Monahan Avenue, Purley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Apr 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 3, 25, Monahan Avenue, Purley completed on 6th November 2020 at £545,000 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 11.0% over the period since November 2020.
- Sold Nov 2020£545,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, 25, Monahan Avenue, Purley have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2024, was Flat 2, 4, Woodcote Valley Road, Purley, CR8 3AG, a leasehold flat which sold for £420,000.
Read more about house prices in CR8.
- Sold Oct 2024£420,000 | 3 Bed Flat4, Woodcote Valley RoadFlat 2, 4, Woodcote Valley Road, Purley, CR8 3AG
- Sold Dec 2022£528,750 | 3 Bed Flat19, Box Ridge AvenueFlat 1, 19, Box Ridge Avenue, Purley, CR8 3AS
- Sold Aug 2022£530,000 | 3 Bed FlatKingsbridge Court 1, Woodcote Valley RoadFlat 8, Kingsbridge Court 1, Woodcote Valley Road, Purley, CR8 3AH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 51 addresses on Monahan Avenue, Purley, CR8, Flat 3, 25, Monahan Avenue, Purley comes out as the 37th largest and the 40th most expensive in our analysis of the public data.
It is also £32k less expensive than the average property across the CR8 district.
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Schools Nearby
- 900mMargaret Roper Catholic Primary School
- 1.1kmBeaumont Primary School
- 1.2kmChrist Church CofE Primary School (Purley)
- 900mThomas More Catholic School
- 1.0kmThe John Fisher School
- 1.3kmWoodcote High School
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Public Transport Nearby
From Flat 3, 25, Monahan Avenue, Purley, the nearest station is Reedham (London), 600 metres away.
- 600mReedham (London)
- 900mPurley
- 1.7kmCoulsdon Town
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
