According to the public record, 12, Silver Lane, Purley is a period freehold house with 6,167 ft2 of internal area and sits on a 4,552 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Silver Lane, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
12, Silver Lane, Purley has 2 entries in the Land Registry database, most recently in July 2019 and a single entry in the EPC database dated June 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 12 Silver Lane Purley as £2,716,038 and the rental value as £7,088 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 12 Silver Lane Purley has decreased by £52,364 (1.9%) and its rental value has increased by £54 per month (0.8%).
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 12, Silver Lane, Purley is in very good condition we estimate a sale value of £2,851,839 and rental value of £7,442 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,525,915 and a rental value of £6,592 per month.
If you were able to purchase this property for the estimated value of £2,716,038, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £13,348 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 12, Silver Lane, Purley sits on a plot of 4552m2.
We have plot size data on 8 out of 11 other houses in the postcode and 12, Silver Lane, Purley sits on the 2nd largest plot.
According to HM Land Registry, 12, Silver Lane, Purley was last sold on 10 Jul 2019 for £2,900,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2019, the market for similar properties has risen 12.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Silver Lane, Purley within a radius of 850 metres over the last 2 years.
The most recent example is 1, Briar Hill, Purley, CR8 3LF, a Freehold house which sold for £2,600,000 in Aug 2023.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Silver Lane, Purley, CR8 has a total of 24 addresses. According to our analysis of all the public data, 12, Silver Lane, Purley is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £2.127m more expensive than the average property in CR8.
12, Silver Lane, Purley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 12, Silver Lane, Purley is Reedham (London) station which is 800 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Silver Lane, Purley, 48.3% of property is privately owned with a mortgage and 42.5% 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 12, Silver Lane, Purley, 20.7% of residents are recorded as possessing school level qualifications and 60.6% 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 12, Silver Lane, Purley, the average age was 42.8 and the most common age was 57.
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 12, Silver Lane, Purley, 3.4% 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 12, Silver Lane, Purley, there are an average of 1.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.