According to the public record, 7, Hereward Avenue, Purley is a early-century freehold house with 1,216 ft2 of internal area and sits on a 584 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Hereward Avenue, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
7, Hereward Avenue, Purley has a single entry in the Land Registry database from December 2019 and a single entry in the EPC database dated September 2019.
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 Hereward Avenue Purley as £715,170 and the rental value as £2,360 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 7 Hereward Avenue Purley has increased by £4,940 (0.7%) and its rental value has increased by £83 per month (3.5%).
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, Hereward Avenue, Purley is in very good condition we estimate a sale value of £750,928 and rental value of £2,478 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £665,108 and a rental value of £2,194 per month.
If you were able to purchase this property for the estimated value of £715,170, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,515 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, Hereward Avenue, Purley sits on a plot of 584m2.
We have plot size data on 18 out of 25 other houses in the postcode and 7, Hereward Avenue, Purley sits on the 4th largest plot.
According to HM Land Registry, 7, Hereward Avenue, Purley was last sold on 16 Dec 2019 for £575,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2019, the market for similar properties has risen 14.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Hereward Avenue, Purley within a radius of 540 metres over the last 2 years.
The most recent example is 8, Hereward Avenue, Purley, CR8 2NN, a Freehold house which sold for £808,000 in Nov 2022.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hereward Avenue, Purley, CR8 has a total of 25 addresses. According to our analysis of all the public data, 7, Hereward Avenue, Purley is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £126k more expensive than the average property in CR8.
7, Hereward Avenue, Purley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Sep 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 7, Hereward Avenue, 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, Hereward Avenue, Purley, 48.8% of property is privately owned outright and 34.7% 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 7, Hereward Avenue, Purley, 14.2% of residents are recorded as possessing school level qualifications and 50.4% 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, Hereward 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 7, Hereward Avenue, Purley, 2.1% 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, Hereward Avenue, Purley, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.