1, Higher Drive - CR8 2GD
Key Building Insights
1, Higher Drive is a residential building situated on Higher Drive, Purley, CR8 with 9 addresses.
It ranks as the 421st largest and 371st most expensive of the 618 buildings in the CR8 area. The most common property type is a modern flat built after 1980.
The building contains a total of 9 properties: 9 flats.
- Ave. Sale Price
- £336,703
- 10 Year change
- down 0.5%
- Ave. Rental Price
- £1,519pcm
- 10 Year change
- up 25.1%
- Ave. £ per ft²
- £507/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Building Insights
1, Higher Drive is a residential building situated on Higher Drive, Purley, CR8 with 9 addresses.
It ranks as the 421st largest and 371st most expensive of the 618 buildings in the CR8 area. The most common property type is a modern flat built after 1980.
The building contains a total of 9 properties: 9 flats.
- Ave. Sale Price
- £336,703
- 10 Year change
- down 0.5%
- Ave. Rental Price
- £1,519pcm
- 10 Year change
- up 25.1%
- Ave. £ per ft²
- £507/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertieson Higher Drive, Purley, CR8
- Flat 1, 1 Higher Drive
2 Bed Modern Flat
- Flat 2, 1 Higher Drive
2 Bed Modern Flat
- Flat 3, 1 Higher Drive
2 Bed Modern Flat
- Flat 4, 1 Higher Drive
2 Bed Modern Flat
- Flat 5, 1 Higher Drive
2 Bed Modern Flat
Sales Market Trends
The last sale in 1, Higher Drive sold for £360,000 on 12th May 2023. Since then prices are down an average of 8.0%.
The current average value in the building is £336,703.
The 1, Higher Drive Sales Market has decreased by 0.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.1% | £336,703 |
| June 2025 | -2.1% | £343,845 |
| June 2024 | -3.6% | £351,288 |
| June 2023 | -3.5% | £364,315 |
| June 2022 | 6.3% | £377,414 |
| June 2021 | 2.3% | £355,175 |
| June 2020 | 2.2% | £347,246 |
| June 2019 | -1.1% | £339,735 |
| June 2018 | -2.1% | £343,480 |
| June 2017 | 3.7% | £350,812 |
| June 2016 | 9.3% | £338,412 |
| June 2015 | 8.3% | £309,572 |
| June 2014 | 14.2% | £285,739 |
| June 2013 | 1.8% | £250,290 |
| June 2012 | 5.4% | £245,946 |
| June 2011 | 1% | £233,311 |
| June 2010 | 3.5% | £230,910 |
| June 2009 | -9.3% | £223,146 |
| June 2008 | 1% | £245,952 |
| June 2007 | 0% | £243,523 |
Rental Market Trends
The current average rental value in the building is £1,519.
The 1, Higher Drive Rental Market has increased by 25.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,519pcm |
| June 2025 | 1.6% | £1,478pcm |
| June 2024 | 4.1% | £1,455pcm |
| June 2023 | 10.6% | £1,397pcm |
| June 2022 | 5.5% | £1,264pcm |
| June 2021 | 1.1% | £1,198pcm |
| June 2020 | 1.2% | £1,185pcm |
| June 2019 | 1.8% | £1,171pcm |
| June 2018 | -1.4% | £1,150pcm |
| June 2017 | -3.8% | £1,167pcm |
| June 2016 | 3.8% | £1,214pcm |
| June 2015 | 9% | £1,169pcm |
| June 2014 | 0.5% | £1,072pcm |
| June 2013 | 5.9% | £1,067pcm |
| June 2012 | 4.7% | £1,008pcm |
| June 2011 | 4.9% | £962pcm |
| June 2010 | 4.8% | £917pcm |
| June 2009 | -9.3% | £875pcm |
| June 2008 | 5.9% | £965pcm |
| June 2007 | 0% | £911pcm |
Sales History
The last sale was on 12th May 2023 for £360,000 and since then the market in the area has decreased by 8.0%. The building has had a total of 9 sales since 1995.
1, Higher Drive, Purley, CR8 2GD has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold May 2023£360,000 | 2 Bed FlatFlat 3, 1, Higher Drive, Purley, CR8 2GDFlat 3, 1, Higher Drive, Purley, CR8 2GD
- Sold May 2023£365,000 | 2 Bed FlatFlat 8, 1, Higher Drive, Purley, CR8 2GDFlat 8, 1, Higher Drive, Purley, CR8 2GD
- Sold Jan 2023£400,000 | 2 Bed FlatFlat 5, 1, Higher Drive, Purley, CR8 2GDFlat 5, 1, Higher Drive, Purley, CR8 2GD
- Sold Jan 2023£400,000 | 2 Bed FlatFlat 6, 1, Higher Drive, Purley, CR8 2GDFlat 6, 1, Higher Drive, Purley, CR8 2GD
- Sold Dec 2022£322,500 | 2 Bed FlatFlat 4, 1, Higher Drive, Purley, CR8 2GDFlat 4, 1, Higher Drive, Purley, CR8 2GD
Property Types
- 9 modern flats built after 1980
- modern flat (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (9)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Apr 2020£5,000,000 | 2 Bed FlatFlat 16, 61, Higher Drive, Purley, CR8 2HRFlat 16, 61, Higher Drive, Purley, CR8 2HR
- Sold Aug 2022£1,680,000 | 3 Bed FlatFlat 6, 98, Higher Drive, Purley, CR8 2HLFlat 6, 98, Higher Drive, Purley, CR8 2HL
- Sold Mar 2018£1,420,000 | 3 Bed FlatFlat 1, Grandeur Heights 76, Higher Drive, Purley, CR8 2HGFlat 1, Grandeur Heights 76, Higher Drive, Purley, CR8 2HG
Schools Nearby
- Beaumont Primary School700 m away
- Christ Church CofE Primary School (Purley)1.1 km away
- Harris Primary Academy Kenley1.2 km away
- Thomas More Catholic School1.2 km away
- Woodcote High School1.8 km away
- The John Fisher School1.8 km away
More reading links
Public Transport Nearby
The closest station to 1, Higher Drive, Purley, CR8 2GD is Purley station, which is 500 metres away.
- Purley|500 m away
- Reedham (London)|600 m away
- Riddlesdown|1.1 km away
- Kenley|1.4 km away