Banstead Road, Purley, CR8 3EB
SO

Banstead Road, Purley, CR8 3EB

By Southern Housing Group (RES)

£ 99,375

Reviews

2 out of 5 stars

Southern Housing Group (RES) says ..

Now reserving off-plan. 1 & 2 bedroom Shared Ownership apartments in the heart of Purley, Croydon.

Property Oracle says ..

This listing presents a 2-bedroom apartment in Purley, Croydon, as part of a new development on Banstead Road. The property is marketed as a shared ownership apartment, meaning buyers purchase a share of the property (the percentage share isn’t specified in this listing, which is a key factor affecting affordability) and pay rent on the remaining share. The artist’s impressions reveal a modern and well-designed interior with a contemporary kitchen and bathroom. The location is convenient, with Purley train station within walking distance, providing easy access to London and other parts of the South East. The proximity to schools could be advantageous for families. However, potential buyers should be aware that the property is part of a larger development, therefore, shared external spaces will be the norm and the lack of individual outside space might be a consideration. Furthermore, potential buyers must verify the exact share being sold, total service charges, and ground rent before proceeding with the purchase to determine the true overall cost of ownership. It’s worth noting the significant price range of nearby properties, suggesting price variability in this specific area.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
7
Land
1
Bedrooms
2
Bathrooms
1
Sqft (est)
753.47

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
616,068.00 £
Decreased by 0.97 %
from 622,109.00 £
Est sale value
443,040.36 £
Increased by 27.00 %
from 348,856.61 £
Average area rental value
1,898.00 £/mo
Decreased by 5.95 %
from 2,018.00 £/mo
Est letting value
753.47 £/mo
Unchanged by 0.00 %
from 753.47 £/mo
Est rental Yield
3.70 %
Decreased by 4.88 %
from 3.89 %
Crime Rate
15.00 %
Unchanged by 0.00 %
from 15.00 %

Agent Activity

  • Southern Housing Group (RES) created the listing.

Nearby Schools

NameTypeOfstedDistance
St David'S SchoolOther Independent School0.43 KM
Thomas More Catholic SchoolVoluntary Aided SchoolGood0.58 KM
Margaret Roper Catholic Primary SchoolVoluntary Aided SchoolGood0.58 KM
Purley Nursery SchoolLocal Authority Nursery SchoolOutstanding0.68 KM
Christ Church Cofe Primary School (Purley)Voluntary Aided SchoolGood1.03 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Purley Road £ 350,00000.00 KM
Hill Road £ 000.00 KM
Christchurch Road £ 315,00000.00 KM
Overhill Road £ 000.00 KM
Gables Court £ 130,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Purley5379PUR0.61 KM
Reedham (London)5431RHM0.98 KM
Riddlesdown5432RDD2.33 KM
Purley Oaks5430PUO2.44 KM
Coulsdon Town5382CDN2.51 KM

Nearby Listings

AddressPriceTypeScoreDistance
Foxley Lane, Purley £ 235,000BUY6 / 100.08 KM
Foxley Lane, Purley £ 315,000BUY7 / 100.09 KM
Foxley Lane, Purley, CR8 £ 180,000BUY5 / 100.10 KM
Foxley Lane, Purley, CR8 £ 145,000BUY6 / 100.11 KM
Foxley Lane, Reynard Court, CR8 £ 115,000BUY6 / 100.11 KM

Nearby Properties

AddressPriceDistance
13 Banstead Road £ 225,0000.01 KM
29 Banstead Road £ 565,0000.01 KM
17 Banstead Road £ 950,0000.01 KM
33 Banstead Road £ 300,0000.01 KM
39 Banstead Road £ 682,0620.01 KM