According to the public record, 8, Cross Road, Purley is a period freehold house with 904 ft2 of internal area and sits on a 157 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cross Road, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
8, Cross Road, Purley has 31 entries in the Land Registry database, most recently in August 2012 and a single entry in the EPC database dated March 2022.
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 8 Cross Road Purley as £441,117 and the rental value as £2,183 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 8 Cross Road Purley has increased by £9,239 (2.1%) and its rental value has increased by £112 per month (5.1%).
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 8, Cross Road, Purley is in very good condition we estimate a sale value of £463,173 and rental value of £2,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £410,239 and a rental value of £2,031 per month.
If you were able to purchase this property for the estimated value of £441,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,168 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, 8, Cross Road, Purley sits on a plot of 157m2.
We have plot size data on 12 out of 19 other houses in the postcode and 8, Cross Road, Purley sits on the 5th largest plot.
According to HM Land Registry, 8, Cross Road, Purley was last sold on 24 Aug 2012 for £294,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2012, the market for similar properties has risen 72.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cross Road, Purley within a radius of 560 metres over the last 2 years.
The most recent example is 28, Roke Lodge Road, Kenley, CR8 5NA, a Freehold house which sold for £410,000 in Jul 2022.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cross Road, Purley, CR8 has a total of 20 addresses. According to our analysis of all the public data, 8, Cross Road, Purley is the 14th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £148k less expensive than the average property in CR8.
8, Cross Road, Purley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Mar 2022.
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 8, Cross Road, Purley is Riddlesdown station which is 800 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 8, Cross Road, Purley, 44.2% of property is privately owned with a mortgage and 24.8% is socially rented.
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 8, Cross Road, Purley, 22.3% of residents are recorded as possessing school level qualifications and 39.3% 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 8, Cross Road, 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 8, Cross Road, Purley, 0.6% 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 8, Cross Road, 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.