Flat 5, 38
Flat 5, 38
Description & Estimates
Flat 5, 38, Grovelands Road, Purley is described in the public record as a period apartment with 441 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 5, 38, Grovelands Road, Purley is £235,428 and its rental estimate is £1,179 per month, given the available information and assuming reasonable condition.
38, Grovelands Road is a residential building on Grovelands Road, Purley, CR8 and falls within the CR8 postal district and the borough of Croydon.
Our Data Sources
Flat 5, 38, Grovelands Road, Purley has no records in the the Land Registry and a single entry in the EPC database dated November 2022.
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.
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 5, 38, Grovelands Road, Purley, we estimate a market value of £247,200 and a rental value of £1,238 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £218,948 and £1,096 per month respectively.
Recent Market Change
Over the last year, Flat 5, 38, Grovelands Road, Purley has seen its estimated sale value fall by £4,176 (1.8%) and its estimated rental value move up by £53 per month (4.5%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
Flat 5, 38, Grovelands Road, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, 38, Grovelands Road, Purley have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th July 2024, was Flat 5, Andrew's House 124, Brighton Road, Purley, CR8 4AB, a leasehold flat which sold for £210,000.
Read more about house prices in CR8.
- Sold Jul 2024£210,000 | 2 Bed FlatAndrew's House 124, Brighton RoadFlat 5, Andrew's House 124, Brighton Road, Purley, CR8 4AB
- Sold Oct 2022£208,500 | 2 Bed Flat163, Brighton RoadFlat 9, 163, Brighton Road, Purley, CR8 4HE
- Sold Jan 2020£215,000 | 1 Bed Flat34, Box Ridge AvenueFlat 2A, 34, Box Ridge Avenue, Purley, CR8 3AQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 116 addresses on Grovelands Road, Purley, CR8, Flat 5, 38, Grovelands Road, Purley comes out as the 113th largest and the 103rd most expensive in our analysis of the public data.
It is also £328k less expensive than the average property across the CR8 district.
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Schools Nearby
- 700mBeaumont Primary School
- 1.1kmMargaret Roper Catholic Primary School
- 1.2kmWoodcote Primary School
- 1.1kmThomas More Catholic School
- 1.2kmWoodcote High School
- 1.4kmThe John Fisher School
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Public Transport Nearby
From Flat 5, 38, Grovelands Road, Purley, the nearest station is Reedham (London), 200 metres away.
- 200mReedham (London)
- 800mPurley
- 1.5kmCoulsdon 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.
