According to the public record, 5, Oakwood Avenue, Purley is a period freehold house with 1,474 ft2 of internal area and sits on a 636 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oakwood Avenue, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
5, Oakwood Avenue, Purley has 21 entries in the Land Registry database, most recently in April 2019 and a single entry in the EPC database dated December 2017.
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 5 Oakwood Avenue Purley as £802,094 and the rental value as £2,376 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 5 Oakwood Avenue Purley has increased by £3,638 (0.5%) and its rental value has increased by £81 per month (3.4%).
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 5, Oakwood Avenue, Purley is in very good condition we estimate a sale value of £842,198 and rental value of £2,495 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £745,947 and a rental value of £2,209 per month.
If you were able to purchase this property for the estimated value of £802,094, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,942 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, 5, Oakwood Avenue, Purley sits on a plot of 636m2.
We have plot size data on 26 out of 35 other houses in the postcode and 5, Oakwood Avenue, Purley sits on the 21st largest plot.
According to HM Land Registry, 5, Oakwood Avenue, Purley was last sold on 15 Apr 2019 for £680,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2019, the market for similar properties has risen 15.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Oakwood Avenue, Purley within a radius of 570 metres over the last 2 years.
The most recent example is 7, Oakwood Avenue, Purley, CR8 1AR, a Freehold house which sold for £655,000 in Feb 2020.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakwood Avenue, Purley, CR8 has a total of 74 addresses. According to our analysis of all the public data, 5, Oakwood Avenue, Purley is the 62nd largest and the 60th most expensive property on the street.
When compared to the postcode district it is £213k more expensive than the average property in CR8.
5, Oakwood Avenue, Purley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Dec 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 5, Oakwood Avenue, Purley is Riddlesdown station which is 500 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 5, Oakwood Avenue, Purley, 45.1% of property is privately owned with a mortgage and 43.6% 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 5, Oakwood Avenue, Purley, 22.9% of residents are recorded as possessing school level qualifications and 54.5% 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 5, Oakwood Avenue, 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 5, Oakwood Avenue, 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 5, Oakwood Avenue, 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.