According to the public record, 16, Woodcote Lane, Purley is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 376 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Woodcote Lane, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
16, Woodcote Lane, Purley has a single entry in the Land Registry database from January 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 16 Woodcote Lane Purley as £535,697 and the rental value as £1,753 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 16 Woodcote Lane Purley has increased by £13,168 (2.5%) and its rental value has increased by £92 per month (5.3%).
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, Woodcote Lane, Purley is in very good condition we estimate a sale value of £562,482 and rental value of £1,840 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £498,198 and a rental value of £1,630 per month.
If you were able to purchase this property for the estimated value of £535,697, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,633 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, 16, Woodcote Lane, Purley was last sold on 25 Jan 2008 for £3,450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2008, the market for similar properties has risen 79.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 1.1 kilometres radius of 16, Woodcote Lane, Purley over the last 2 years.
The most recent example is 5, Woodcote Lane, Purley, CR8 3HB, a Freehold house which sold for £3,450,000 in Nov 2023.
Read more about house prices in CR8.
Woodcote Lane, Purley, CR8 has a total of 24 addresses. According to our analysis of all the public data, 16, Woodcote Lane, Purley is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in CR8.
The closest station to 16, Woodcote Lane, Purley is Reedham (London) station which is 1.3 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, Woodcote Lane, Purley, 48.4% of property is privately owned outright and 42.5% 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, Woodcote Lane, Purley, 15.0% of residents are recorded as possessing school level qualifications and 51.9% 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, Woodcote 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, Woodcote Lane, Purley, 1.0% 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, Woodcote 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.