According to the public record, 8, Woodcote Lane, Purley is a early-century freehold house with 3,928 ft2 of internal area and sits on a 7,987 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Woodcote Lane, Purley, CR8 is located in the borough of Croydon within the CR8 postal district.
8, Woodcote Lane, Purley has a single entry in the Land Registry database from May 2018 and a single entry in the EPC database dated July 2017.
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 Woodcote Lane Purley as £2,242,153 and the rental value as £5,851 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 8 Woodcote Lane Purley has decreased by £43,227 (1.9%) and its rental value has increased by £44 per month (0.8%).
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, Woodcote Lane, Purley is in very good condition we estimate a sale value of £2,354,261 and rental value of £6,144 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,085,203 and a rental value of £5,442 per month.
If you were able to purchase this property for the estimated value of £2,242,153, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £11,019 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, Woodcote Lane, Purley sits on a plot of 7987m2.
We have plot size data on 5 out of 11 other houses in the postcode and 8, Woodcote Lane, Purley sits on the 3rd largest plot.
According to HM Land Registry, 8, Woodcote Lane, Purley was last sold on 10 May 2018 for £1,725,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 11.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Woodcote Lane, Purley within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 1, Newton Road, Purley, CR8 3DN, a Freehold house which sold for £2,500,000 in Nov 2023.
Read more about house prices in CR8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodcote Lane, Purley, CR8 has a total of 24 addresses. According to our analysis of all the public data, 8, Woodcote Lane, Purley is the 13th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £1.653m more expensive than the average property in CR8.
8, Woodcote Lane, Purley has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jul 2017.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 8, Woodcote Lane, Purley is Reedham (London) station which is 1.3 kilometres 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, Woodcote Lane, Purley, 48.4% of property is privately owned outright and 42.5% 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 8, Woodcote Lane, Purley, 15.0% of residents are recorded as possessing school level qualifications and 51.9% 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, Woodcote Lane, Purley, the average age was 42.8 and the most common age was 57.
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, Woodcote Lane, Purley, 1.0% 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, Woodcote Lane, Purley, there are an average of 1.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.