According to the public record, 16, Smitham Bottom Lane, Purley is a modern freehold house with 3,046 ft2 of internal area and sits on a 643 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Smitham Bottom Lane, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
16, Smitham Bottom Lane, Purley has 3 entries in the Land Registry database, most recently in April 2014 and a single entry in the EPC database dated March 2014.
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 16 Smitham Bottom Lane Purley as £1,291,838 and the rental value as £3,371 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 16 Smitham Bottom Lane Purley has decreased by £22,970 (1.8%) and its rental value has increased by £35 per month (1.0%).
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 16, Smitham Bottom Lane, Purley is in very good condition we estimate a sale value of £1,356,430 and rental value of £3,540 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,201,409 and a rental value of £3,135 per month.
If you were able to purchase this property for the estimated value of £1,291,838, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,349 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, 16, Smitham Bottom Lane, Purley sits on a plot of 643m2.
We have plot size data on 20 out of 30 other houses in the postcode and 16, Smitham Bottom Lane, Purley sits on the 16th largest plot.
According to HM Land Registry, 16, Smitham Bottom Lane, Purley was last sold on 14 Apr 2014 for £855,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2014, the market for similar properties has risen 35.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Smitham Bottom Lane, Purley within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 10A, Smitham Bottom Lane, Purley, CR8 3DA, a Freehold house which sold for £1,285,000 in Sep 2022.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smitham Bottom Lane, Purley, CR8 has a total of 113 addresses. According to our analysis of all the public data, 16, Smitham Bottom Lane, Purley is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £703k more expensive than the average property in CR8.
16, Smitham Bottom Lane, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Mar 2014.
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 16, Smitham Bottom Lane, Purley is Reedham (London) station which is 1.4 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 16, Smitham Bottom Lane, Purley, 47.5% of property is privately owned outright and 47.5% 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 16, Smitham Bottom Lane, Purley, 18.0% of residents are recorded as possessing school level qualifications and 54.1% 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 16, Smitham Bottom 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 16, Smitham Bottom Lane, Purley, 0.4% 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 16, Smitham Bottom Lane, Purley, there are an average of 2.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.