According to the public record, 7, The Pines, Purley is a mid-century apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Pines, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
7, The Pines, Purley has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2016.
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 7 The Pines Purley as £287,547 and the rental value as £1,485 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 7 The Pines Purley has increased by £3,991 (1.4%) and its rental value has increased by £65 per month (4.4%).
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 7, The Pines, Purley is in very good condition we estimate a sale value of £301,925 and rental value of £1,559 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,419 and a rental value of £1,381 per month.
If you were able to purchase this property for the estimated value of £287,547, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,413 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 HM Land Registry, 7, The Pines, Purley was last sold on 01 Apr 2005 for £142,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, The Pines, Purley within a radius of 590 metres over the last 2 years.
The most recent example is 40, The Pines, Purley, CR8 2DZ, a Leasehold flat which sold for £310,000 in May 2023.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Pines, Purley, CR8 has a total of 54 addresses. According to our analysis of all the public data, 7, The Pines, Purley is the 39th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £301k less expensive than the average property in CR8.
7, The Pines, Purley has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2016.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 7, The Pines, Purley is Riddlesdown 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, The Pines, Purley, 53.6% of property is privately owned with a mortgage and 22.4% 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, The Pines, Purley, 19.6% of residents are recorded as possessing school level qualifications and 49.6% 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 7, The Pines, Purley, the average age was 38.9 and the most common age was 37.
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, The Pines, Purley, 0.3% 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, The Pines, Purley, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.