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According to the public record, Flat 9, 3, Russell Hill, Purley is a modern leasehold apartment with 1,237 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 9, 3, Russell Hill, Purley is £539,324 and the estimated rental value is £2,330 per month.
The apartment is within 3, Russell Hill, Purley, CR8.
Russell Hill, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Flat 9, 3, Russell Hill, Purley has a single entry in the Land Registry from August 2015 and a single entry in the EPC database dated August 2017.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 9, 3, Russell Hill, Purley is in very good condition we estimate a sale value of £566,291 and a rental value of £2,447 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £501,572 and a rental value of £2,167 per month.
Over the last 12 months the sale value of Flat 9 3 Russell Hill Purley has decreased by an estimated £12,589 (2.3%) and its rental value has increased by an estimated £85 per month (3.6%), giving an expected gross yield of 5.2%.
Flat 9, 3, Russell Hill, Purley has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Aug 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 9, 3, Russell Hill, Purley was last sold on 4th August 2015 for £580,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2015, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, 3, Russell Hill, Purley within a radius of 490 metres over the last 2 years.
The most recent example is Flat 9, Moreland Mansions 2, More Close, Purley, CR8 2FX, a leasehold flat which sold for £515,550 on the 12th May 2022.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Russell Hill, Purley, CR8 has a total of 249 addresses. According to our analysis of all the public data, Flat 9, 3, Russell Hill, Purley is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in CR8.
The nearest school is Margaret Roper Catholic Primary School which is 300 metres away. The nearest train station is Purley which is 800 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
