Flat 5, 55
Flat 5, 55
Description & Estimates
Flat 5, 55, Selcroft Road, Purley is recorded publicly as a modern leasehold apartment across 678 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 5, 55, Selcroft Road, Purley is £316,942 and its rental estimate is £1,519 per month, given the available information and assuming reasonable condition.
55, Selcroft Road is a residential building on Selcroft Road, Purley, CR8 and falls within the CR8 postal district and the borough of Croydon.
Our Data Sources
Flat 5, 55, Selcroft Road, Purley has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, 55, Selcroft Road, Purley, we estimate a market value of £332,789 and a rental value of £1,595 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £294,756 and £1,413 per month respectively.
Recent Market Change
Over the last year, Flat 5, 55, Selcroft Road, Purley has seen its estimated sale value fall by £7,651 (2.4%) and its estimated rental value move up by £56 per month (3.7%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
Flat 5, 55, Selcroft Road, Purley has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 20 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
Sold Prices
The most recent sale of Flat 5, 55, Selcroft Road, Purley completed on 11th March 2022 at £397,500 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 20.1% over the period since March 2022.
- Sold Mar 2022£397,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, 55, Selcroft Road, Purley have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st October 2022, was Flat 3, 55, Selcroft Road, Purley, CR8 1AJ, a leasehold flat which sold for £380,000.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 112 addresses on Selcroft Road, Purley, CR8, Flat 5, 55, Selcroft Road, Purley comes out as the 100th largest and the 104th most expensive in our analysis of the public data.
It is also £246k less expensive than the average property across the CR8 district.
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Schools Nearby
- 600mChrist Church CofE Primary School (Purley)
- 1.1kmMargaret Roper Catholic Primary School
- 1.3kmHarris Primary Academy Kenley
- 1.1kmThomas More Catholic School
- 1.8kmHarris Academy Purley
- 1.9kmRiddlesdown Collegiate
More reading links
Public Transport Nearby
From Flat 5, 55, Selcroft Road, Purley, the nearest station is Purley, 300 metres away.
- 300mPurley
- 800mRiddlesdown
- 1.2kmReedham (London)
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.
