Flat 4, 15
Flat 4, 15
Description & Estimates
According to the public record, Flat 4, 15, Grovelands Road, Purley is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 648 ft2 of internal area.
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 4, 15, Grovelands Road, Purley is £282,688 and the estimated rental value is £1,469 per month.
The apartment is within 15, Grovelands Road, Purley, CR8.
Grovelands Road, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Our Data Sources
Flat 4, 15, Grovelands Road, Purley has 2 entries in the Land Registry , most recently in August 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 4, 15, Grovelands Road, Purley is in very good condition we estimate a sale value of £296,822 and a rental value of £1,542 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £262,900 and a rental value of £1,366 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, 15, Grovelands Road, Purley has dropped by £6,824 (2.4%), while its estimated rental value has risen by £55 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Sold Prices
According to HM Land Registry, Flat 4, 15, Grovelands Road, Purley was last sold on 14th August 2013 for £193,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2013, the market for similar properties has risen by 42.8%.
- Sold Aug 2013£193,000
- Sold Jun 2007£187,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 15, Grovelands Road, Purley within a radius of 630 metres over the last 2 years.
The most recent example is Flat 4, Sanctum Apartments 74, Brighton Road, Purley, CR8 2LJ, a leasehold flat which sold for £290,000 on the 7th February 2024.
Read more about house prices in CR8.
- Sold Feb 2024£290,000 | 2 Bed FlatSanctum Apartments 74, Brighton RoadFlat 4, Sanctum Apartments 74, Brighton Road, Purley, CR8 2LJ
- Sold Sep 2023£262,000 | 2 Bed FlatAndrew's House 124, Brighton RoadFlat 10, Andrew's House 124, Brighton Road, Purley, CR8 4AB
- Sold Jun 2023£352,650 | 2 Bed Flat15, Grovelands RoadFlat 12, 15, Grovelands Road, Purley, CR8 4LB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Grovelands Road, Purley, CR8 has a total of 116 addresses. According to our analysis of all the public data, Flat 4, 15, Grovelands Road, Purley is the 85th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £280k less expensive than the average property in CR8.
More reading links
Schools Nearby
- 800mBeaumont Primary School
- 900mWoodcote Primary School
- 1.3kmMargaret Roper Catholic Primary School
- 1.0kmWoodcote High School
- 1.3kmThomas More Catholic School
- 1.4kmThe John Fisher School
More reading links
Public Transport Nearby
The closest station to Flat 4, 15, Grovelands Road, Purley is Reedham (London) station, which is 300 metres away.
- 300mReedham (London)
- 1.1kmPurley
- 1.3kmCoulsdon Town
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
