Flat 8, Nova Apartments 16
Flat 8, Nova Apartments 16
Description & Estimates
Flat 8, Nova Apartments 16, Purley is recorded publicly as an early-century Leasehold apartment across 635 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 8, Nova Apartments 16, Purley is £303,796 and its rental estimate is £1,542 per month, given the available information and assuming reasonable condition.
Nova Apartments, Smitham Downs Road is a residential building on Smitham Downs Road, Purley, CR8 and falls within the CR8 postal district and the borough of Croydon.
Our Data Sources
Flat 8, Nova Apartments 16, Purley has a single entry in the Land Registry from January 2015 and a single entry in the EPC database dated May 2024.
We combine this information with that 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 8, Nova Apartments 16, Purley, we estimate a market value of £318,986 and a rental value of £1,619 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £282,530 and £1,434 per month respectively.
Recent Market Change
Over the last year, Flat 8, Nova Apartments 16, Purley has seen its estimated sale value decrease by £7,334 (2.4%) and its estimated rental value grow by £57 per month (3.7%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
Flat 8, Nova Apartments 16, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 May 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, electric.
Sold Prices
The most recent sale of Flat 8, Nova Apartments 16, Purley completed on 13th January 2015 at £720,000 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 risen by 3.8% over the period since January 2015.
- Sold Jan 2015£720,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 8, Nova Apartments 16, Purley have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th March 2025, was Flat 1, 223, Brighton Road, Purley, CR8 4HF, a leasehold flat which sold for £328,000.
Read more about house prices in CR8.
- Sold Mar 2025£328,000 | 2 Bed Flat223, Brighton RoadFlat 1, 223, Brighton Road, Purley, CR8 4HF
- Sold Oct 2024£320,000 | 2 Bed FlatQuinton Court 37, Smitham Downs RoadFlat 7, Quinton Court 37, Smitham Downs Road, Purley, CR8 4FB
- Sold Jun 2024£300,000 | 2 Bed FlatKingsmead Court 10, Smitham Downs Road3, Kingsmead Court 10, Smitham Downs Road, Purley, CR8 4FG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 106 addresses on Smitham Downs Road, Purley, CR8, Flat 8, Nova Apartments 16, Purley comes out as the 98th largest and the 104th most expensive in our analysis of the public data.
It is also £259k less expensive than the average property across the CR8 district.
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Schools Nearby
- 500mWoodcote Primary School
- 800mBeaumont Primary School
- 1.4kmSmitham Primary School
- 600mWoodcote High School
- 1.8kmThe John Fisher School
- 1.9kmThomas More Catholic School
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Public Transport Nearby
From Flat 8, Nova Apartments 16, Purley, the nearest station is Reedham (London), 700 metres away.
- 700mReedham (London)
- 700mCoulsdon Town
- 1.5kmCoulsdon South
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.
