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 %
- Est sale value
- 398,740.44 £Increased by 27.00 %
- Average area rental value
- 1,898.00 £/moDecreased by 5.95 %
- Est letting value
- 678.13 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.70 %Decreased by 4.88 %
- Crime Rate
- 15.00 %Unchanged by 0.00 %
Agent Activity
Southern Housing Group (RES) created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St David'S School | Other Independent School | 0.43 KM | |
| Thomas More Catholic School | Voluntary Aided School | Good | 0.58 KM |
| Margaret Roper Catholic Primary School | Voluntary Aided School | Good | 0.58 KM |
| Purley Nursery School | Local Authority Nursery School | Outstanding | 0.68 KM |
| Christ Church Cofe Primary School (Purley) | Voluntary Aided School | Good | 1.03 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Purley Road | £ 350,000 | 0 | 0.00 KM |
| Hill Road | £ 0 | 0 | 0.00 KM |
| Christchurch Road | £ 315,000 | 0 | 0.00 KM |
| Overhill Road | £ 0 | 0 | 0.00 KM |
| Gables Court | £ 130,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Purley | 5379 | PUR | 0.61 KM |
| Reedham (London) | 5431 | RHM | 0.98 KM |
| Riddlesdown | 5432 | RDD | 2.33 KM |
| Purley Oaks | 5430 | PUO | 2.44 KM |
| Coulsdon Town | 5382 | CDN | 2.51 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Foxley Lane, Purley | £ 235,000 | BUY | 6 / 10 | 0.08 KM |
| Foxley Lane, Purley | £ 315,000 | BUY | 7 / 10 | 0.09 KM |
| Foxley Lane, Purley, CR8 | £ 180,000 | BUY | 5 / 10 | 0.10 KM |
| Foxley Lane, Reynard Court, CR8 | £ 115,000 | BUY | 6 / 10 | 0.11 KM |
| Foxley Lane, Purley, CR8 | £ 145,000 | BUY | 6 / 10 | 0.11 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 17 Banstead Road | £ 950,000 | 0.01 KM |
| 29 Banstead Road | £ 565,000 | 0.01 KM |
| 13 Banstead Road | £ 225,000 | 0.01 KM |
| 33 Banstead Road | £ 300,000 | 0.01 KM |
| 39 Banstead Road | £ 682,062 | 0.01 KM |