62, Higher Drive, Purley has a single entry in the Land Registry database from August 2015 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 62, Higher Drive, Purley is in very good condition we estimate a sale value of £875,060 and rental value of £3,119 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £775,054 and a rental value of £2,762 per month.
If you were able to purchase this property for the estimated value of £833,391, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,096 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, 62, Higher Drive, Purley sits on a plot of 598m2.
We have plot size data on 19 out of 25 other houses in the postcode and 62, Higher Drive, Purley sits on the 4th largest plot.
According to HM Land Registry, 62, Higher Drive, Purley was last sold on 18 Aug 2015 for £505,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2015, the market for similar properties has risen 24.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Higher Drive, Purley within a radius of 550 metres over the last 2 years.
The most recent example is 26, Higher Drive, Purley, CR8 2HE, a Freehold house which sold for £736,250 in Dec 2021.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Higher Drive, Purley, CR8 has a total of 190 addresses. According to our analysis of all the public data, 62, Higher Drive, Purley is the 23rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £244k more expensive than the average property in CR8.
62, Higher Drive, Purley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 62, Higher Drive, Purley is a period freehold house with 2,228 ft2 of internal area and sits on a 598 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Higher Drive, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 62 Higher Drive Purley as £833,391 and the rental value as £2,970 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 62 Higher Drive Purley has decreased by £5,754 (0.7%) and its rental value has increased by £65 per month (2.2%).
The closest station to 62, Higher Drive, Purley is Reedham (London) station which is 400 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 62, Higher Drive, Purley, 48.8% of property is privately owned with a mortgage and 39.7% 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 62, Higher Drive, Purley, 19.5% of residents are recorded as possessing school level qualifications and 52.6% 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 62, Higher Drive, 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 62, Higher Drive, Purley, 3.4% 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 62, Higher Drive, 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.