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According to the public record, Flat 4, 27, Smitham Downs Road, Purley is a modern apartment with 742 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, 27, Smitham Downs Road, Purley is £364,570 and the estimated rental value is £1,611 per month.
The apartment is within 27, Smitham Downs Road, Purley, CR8.
Smitham Downs Road, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 4, 27, Smitham Downs Road, Purley has no records in the the Land Registry and a single entry in the EPC database dated March 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 4, 27, Smitham Downs Road, Purley is in very good condition we estimate a sale value of £382,798 and a rental value of £1,692 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,050 and a rental value of £1,499 per month.
Over the last 12 months the sale value of Flat 4 27 Smitham Downs Road Purley has decreased by an estimated £13,138 (3.6%) and its rental value has increased by an estimated £55 per month (3.4%), giving an expected gross yield of 5.3%.
Flat 4, 27, Smitham Downs Road, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 27, Smitham Downs Road, Purley within a radius of 670 metres over the last 2 years.
The most recent example is Flat 2, Quinton Court 37, Smitham Downs Road, Purley, CR8 4FB, a leasehold flat which sold for £365,000 on the 4th August 2023.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smitham Downs Road, Purley, CR8 has a total of 105 addresses. According to our analysis of all the public data, Flat 4, 27, Smitham Downs Road, Purley is the 84th largest and the 78th most expensive property on the street.
When compared to the postcode district it is £192k less expensive than the average property in CR8.
The nearest school is Woodcote Primary School which is 347 metres away. The nearest train station is Coulsdon Town which is 700 metres away.
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