According to the public record, 7, Downs Road, Purley is a period freehold house with 1,894 ft2 of internal area and sits on a 396 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Downs Road, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
7, Downs Road, Purley has 21 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated December 2020.
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 7 Downs Road Purley as £752,924 and the rental value as £2,896 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 7 Downs Road Purley has decreased by £10,817 (1.4%) and its rental value has increased by £39 per month (1.3%).
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 7, Downs Road, Purley is in very good condition we estimate a sale value of £790,570 and rental value of £3,041 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £700,219 and a rental value of £2,694 per month.
If you were able to purchase this property for the estimated value of £752,924, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,700 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, 7, Downs Road, Purley sits on a plot of 396m2.
We have plot size data on 9 out of 16 other houses in the postcode and 7, Downs Road, Purley sits on the 5th largest plot.
According to HM Land Registry, 7, Downs Road, Purley was last sold on 18 Mar 2021 for £800,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has risen 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Downs Road, Purley within a radius of 570 metres over the last 2 years.
The most recent example is 14, Downs Road, Purley, CR8 1DS, a Freehold house which sold for £726,250 in Jan 2024.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Downs Road, Purley, CR8 has a total of 16 addresses. According to our analysis of all the public data, 7, Downs Road, Purley is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £164k more expensive than the average property in CR8.
7, Downs Road, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Dec 2020.
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 7, Downs Road, Purley is Purley station which is 600 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 7, Downs Road, Purley, 52.2% of property is privately owned with a mortgage and 41.4% 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 7, Downs Road, Purley, 17.7% of residents are recorded as possessing school level qualifications and 55.2% 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 7, Downs Road, 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 7, Downs Road, Purley, 1.1% 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 7, Downs Road, Purley, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.