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Flat 4, Allium House 31, Purley is recorded publicly as a modern leasehold apartment across 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 4, Allium House 31, Purley is £289,186 and its rental estimate is £1,421 per month, given the available information and assuming reasonable condition.
Allium House, Riddlesdown Road is a residential building on Riddlesdown Road, Purley, CR8 and falls within the CR8 postal district and the borough of Croydon.
Flat 4, Allium House 31, Purley has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 4, Allium House 31, Purley, we estimate a market value of £303,645 and a rental value of £1,492 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £268,943 and £1,322 per month respectively.
Over the last year, Flat 4, Allium House 31, Purley has seen its estimated sale value drop by £8,082 (2.8%) and its estimated rental value rise by £51 per month (3.6%). This results in an estimated gross rental yield of 5.9%.
Flat 4, Allium House 31, Purley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Aug 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 4, Allium House 31, Purley completed on 14th July 2023 at £299,000 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 17.4% over the period since July 2023.
Over the past 2 years 3 properties similar to Flat 4, Allium House 31, Purley have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th July 2024, was Flat 3, Allium House 31, Riddlesdown Road, Purley, CR8 1DJ, a leasehold flat which sold for £300,000.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 229 addresses on Riddlesdown Road, Purley, CR8, Flat 4, Allium House 31, Purley comes out as the 226th largest and the 224th most expensive in our analysis of the public data.
It is also £274k less expensive than the average property across the CR8 district.
From Flat 4, Allium House 31, Purley, the nearest station is Purley, 600 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, Allium House 31, Purley, 52.2% of property is privately owned with a mortgage and 41.4% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 4, Allium House 31, Purley, 17.7% of residents are recorded as possessing school level qualifications and 55.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 4, Allium House 31, Purley, the average age was 40.9 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 4, Allium House 31, Purley, 1.1% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 4, Allium House 31, Purley, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
