Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, Flat 4, 40, Russell Hill, Purley is a period leasehold apartment with 731 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, 40, Russell Hill, Purley is £295,461 and the estimated rental value is £1,542 per month.
The apartment is within 40, Russell Hill, Purley, CR8.
Russell Hill, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 4, 40, Russell Hill, Purley has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, 40, Russell Hill, Purley is in very good condition we estimate a sale value of £310,234 and a rental value of £1,620 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,779 and a rental value of £1,434 per month.
Over the last 12 months the sale value of Flat 4 40 Russell Hill Purley has decreased by an estimated £7,132 (2.4%) and its rental value has increased by an estimated £57 per month (3.7%), giving an expected gross yield of 6.3%.
Flat 4, 40, Russell Hill, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Mar 2021.
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 4, 40, Russell Hill, Purley was last sold on 21st June 2023 for £275,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2023, the market for similar properties has dropped 25.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 40, Russell Hill, Purley within a radius of 680 metres over the last 2 years.
The most recent example is Flat 3, 40, Russell Hill, Purley, CR8 2JA, a leasehold flat which sold for £260,000 on the 15th May 2024.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Russell Hill, Purley, CR8 has a total of 249 addresses. According to our analysis of all the public data, Flat 4, 40, Russell Hill, Purley is the 165th largest and the 142nd most expensive property on the street.
When compared to the postcode district it is £268k less expensive than the average property in CR8.
The nearest school is Margaret Roper Catholic Primary School which is 300 metres away. The nearest train station is Purley which is 800 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
