CR8 2GD is a residential postcode situated on Higher Drive, Purley, CR8 with 9 addresses.
It ranks as the 176th largest and 166th most expensive of the 762 postcodes in the CR8 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 9 properties: 9 flats.
CR8 2GD is a residential postcode situated on Higher Drive, Purley, CR8 with 9 addresses.
It ranks as the 176th largest and 166th most expensive of the 762 postcodes in the CR8 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 9 properties: 9 flats.
Sale prices range from £293,241 for 2 bedroom leasehold flats (538 ft2) to £449,903 for 3 bedroom leasehold flats (1,097 ft2) .
Monthly rental prices range from £1,358 pcm for 2 bed flats to £1,916 pcm for 3 bed flats.
The gross rental yield is between 5.1% and 5.6%.
The average value per square foot is £501.
The last sale in CR8 2GD sold for £360,000 on 12th May 2023. Since then prices are down an average of 7.5%.
The current average value in the postcode is £332,558.
The CR8 2GD Sales Market has decreased by 0.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.8% | £332,558 |
| April 2025 | -0.3% | £345,631 |
| April 2024 | -4.3% | £346,516 |
| April 2023 | -1.5% | £361,986 |
| April 2022 | 6% | £367,468 |
| April 2021 | 2.3% | £346,531 |
| April 2020 | -0.4% | £338,896 |
| April 2019 | -0.7% | £340,357 |
| April 2018 | -1.4% | £342,591 |
| April 2017 | 3.6% | £347,621 |
| April 2016 | 10.6% | £335,469 |
| April 2015 | 11.9% | £303,414 |
| April 2014 | 11.5% | £271,156 |
| April 2013 | 1.9% | £243,184 |
| April 2012 | 3.7% | £238,634 |
| April 2011 | 1% | £230,078 |
| April 2010 | -1.3% | £227,868 |
| April 2009 | -7.5% | £230,832 |
| April 2008 | 2.8% | £249,664 |
| April 2007 | 0% | £242,900 |
The current average rental value in the postcode is £1,497.
The CR8 2GD Rental Market has increased by 24.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £1,497pcm |
| April 2025 | 2.2% | £1,452pcm |
| April 2024 | 6.4% | £1,420pcm |
| April 2023 | 11% | £1,334pcm |
| April 2022 | 3.7% | £1,202pcm |
| April 2021 | 2.4% | £1,159pcm |
| April 2020 | -0.4% | £1,132pcm |
| April 2019 | 1% | £1,136pcm |
| April 2018 | -2.1% | £1,125pcm |
| April 2017 | -4.3% | £1,149pcm |
| April 2016 | 6.1% | £1,201pcm |
| April 2015 | 10.7% | £1,132pcm |
| April 2014 | -0.8% | £1,023pcm |
| April 2013 | 6.2% | £1,031pcm |
| April 2012 | 4.1% | £971pcm |
| April 2011 | 4.1% | £933pcm |
| April 2010 | 0.2% | £896pcm |
| April 2009 | -7.3% | £894pcm |
| April 2008 | 7.6% | £964pcm |
| April 2007 | 0% | £896pcm |
The last sale was on 12th May 2023 for £360,000 and since then the market in the area has decreased by 7.5%. The postcode has had a total of 9 sales since 1995.
CR8 2GD has seen 4 sales in the last three years and no sales in the last twelve months.
CR8 2GD is the 176th largest and the 166th most expensive postcode out of the 762 postcodes in the CR8 area.
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The closest station to CR8 2GD is Purley station which is 500 metres away.
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