According to the public record, 15, Ridge Park, Purley is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,564 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Ridge Park, Purley, CR8 is located in the borough of Sutton within the CR8 postal district.
15, Ridge Park, Purley has 21 entries in the Land Registry database, most recently in May 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15 Ridge Park Purley as £821,916 and the rental value as £2,434 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 15 Ridge Park Purley has increased by £3,273 (0.4%) and its rental value has increased by £73 per month (3.0%).
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 15, Ridge Park, Purley is in very good condition we estimate a sale value of £863,012 and rental value of £2,556 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £764,382 and a rental value of £2,264 per month.
If you were able to purchase this property for the estimated value of £821,916, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,039 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 HM Land Registry, 15, Ridge Park, Purley was last sold on 16 May 2008 for £480,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2008, the market for similar properties has risen 89.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Ridge Park, Purley within a radius of 770 metres over the last 2 years.
The most recent example is 3, Ridge Park, Purley, CR8 3PN, a Freehold house which sold for £935,000 in Feb 2023.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridge Park, Purley, CR8 has a total of 23 addresses. According to our analysis of all the public data, 15, Ridge Park, Purley is the 20th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £233k more expensive than the average property in CR8.
The closest station to 15, Ridge Park, Purley is Wallington station which is 1.8 kilometres 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 15, Ridge Park, Purley, 66.3% of property is privately owned outright and 31.6% is privately owned with a mortgage.
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 15, Ridge Park, Purley, 15.3% of residents are recorded as possessing school level qualifications and 52.7% 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 15, Ridge Park, Purley, the average age was 42 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 15, Ridge Park, Purley, 3.5% 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 15, Ridge Park, Purley, there are an average of 1.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.