According to the public record, 3, Plough Lane, Purley is a period house with 2,820 ft2 of internal area and sits on a 10.2 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Plough Lane, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
3, Plough Lane, Purley has no records in the Land Registry database and a single entry in the EPC database dated July 2021.
We combine this information with public data 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 3 Plough Lane Purley as £1,027,361 and the rental value as £3,278 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 3 Plough Lane Purley has decreased by £17,806 (1.7%) and its rental value has increased by £33 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 3, Plough Lane, Purley is in very good condition we estimate a sale value of £1,078,729 and rental value of £3,442 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £955,446 and a rental value of £3,049 per month.
If you were able to purchase this property for the estimated value of £1,027,361, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,049 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, 3, Plough Lane, Purley sits on a plot of 10m2.
We have plot size data on 8 out of 14 other houses in the postcode and 3, Plough Lane, Purley sits on the 8th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Plough Lane, Purley within a radius of 770 metres over the last 2 years.
The most recent example is 5, Hillcrest Road, Purley, CR8 2JF, a Freehold house which sold for £965,000 in Aug 2023.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Plough Lane, Purley, CR8 has a total of 133 addresses. According to our analysis of all the public data, 3, Plough Lane, Purley is the 12th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £438k more expensive than the average property in CR8.
3, Plough Lane, Purley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jul 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 3, Plough Lane, Purley is Purley station which is 1.1 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 3, Plough Lane, Purley, 42.7% of property is privately owned with a mortgage and 29.3% 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 3, Plough Lane, Purley, 13.0% of residents are recorded as possessing school level qualifications and 52.8% 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 3, Plough Lane, Purley, the average age was 40.9 and the most common age was 32.
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 3, Plough Lane, Purley, 1.9% 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 3, Plough Lane, Purley, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.