Banstead Road, Purley, CR8 3EB
SO

Banstead Road, Purley, CR8 3EB

By Southern Housing Group (RES)

£ 76,250

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 one-bedroom apartment on Banstead Road, Purley, is part of a new development offered through shared ownership. The property is presented as modern and well-finished, with contemporary fixtures and fittings. The images show a bright and spacious living area and a well-equipped kitchen. A balcony provides a small amount of outdoor space. The location offers proximity to Purley train station, providing convenient access to London and its surrounding areas. Several schools are located within walking distance of this development. The price is low for the area, but this needs to be seen in light of the shared ownership scheme which means the buyer only purchases a portion of the overall property value. Potential buyers should carefully consider the implications of shared ownership and associated costs, such as potential future purchase of the remaining share, before committing to the purchase. While this property offers an affordable entry point to the Purley property market, further investigation into the specifics of the shared ownership scheme is essential.

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
1
Bathrooms
1
Sqft (est)
678.13

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
398,740.44 £
Increased by 27.00 %
from 313,974.19 £
Average area rental value
1,898.00 £/mo
Decreased by 5.95 %
from 2,018.00 £/mo
Est letting value
678.13 £/mo
Unchanged by 0.00 %
from 678.13 £/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, Reynard Court, CR8 £ 115,000BUY6 / 100.11 KM
Foxley Lane, Purley, CR8 £ 145,000BUY6 / 100.11 KM

Nearby Properties

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