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Public records show Flat 7, Allium House 31, Purley to be a modern leasehold apartment with 548 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 7, Allium House 31, Purley has an estimated sale value of £289,186 and an estimated rental value of £1,421 per month, assuming reasonable condition and based on the information available.
The apartment sits within Allium House, Riddlesdown Road, Purley, CR8.
Riddlesdown Road, Purley, CR8 lies in the borough of Croydon, within the CR8 postal district.
Flat 7, 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.
In very good condition, we estimate Flat 7, Allium House 31, Purley would be worth £303,645, with a potential rental value of £1,492 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £268,943, with a rental value of £1,322 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 7, Allium House 31, Purley has decreased by £8,082 (2.8%) over the last year. During the same period, its estimated monthly rental value has grown by £51 (3.6%). The property's estimated gross yield is currently 5.9%.
Flat 7, Allium House 31, Purley has an Energy Performance Rating (EPC) of A. 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.
Flat 7, Allium House 31, Purley last changed hands on 31st July 2023, selling for £297,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 17.4% since July 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of Flat 7, Allium House 31, Purley across the last 2 years.
Most recently, Flat 3, Allium House 31, Riddlesdown Road, Purley, CR8 1DJ, a leasehold flat, sold at £300,000 on the 26th July 2024.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 7, Allium House 31, Purley as the 225th largest and the 223rd most expensive of the 229 addresses on Riddlesdown Road, Purley, CR8.
Against the CR8 postcode district average, it is £274k less expensive than the typical property.
Purley station is the nearest stop to Flat 7, Allium House 31, Purley at 600 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, 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 7, 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 7, 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 7, 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 7, 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.
