40, Green Lane
40, Green Lane
Description & Estimates
40, Green Lane, Purley is recorded publicly as an early-century freehold house across 1,184 ft2 of internal area, sitting on a 228 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 40, Green Lane, Purley is £589,647 and its rental estimate is £2,523 per month, given the available information and assuming reasonable condition.
Green Lane, Purley, CR8 falls within the CR8 postal district, in the borough of Croydon.
Our Data Sources
40, Green Lane, Purley has 2 entries in the Land Registry , most recently in May 2021 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 40, Green Lane, Purley, we estimate a market value of £619,129 and a rental value of £2,650 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £548,372 and £2,347 per month respectively.
Recent Market Change
Over the last year, 40, Green Lane, Purley has seen its estimated sale value drop by £13,860 (2.4%) and its estimated rental value rise by £95 per month (3.7%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 40, Green Lane, Purley as measuring 228 m2.
That makes it the 16th largest plot in the postcode, where all 21 other houses have recorded plot data.
Energy Efficiency
40, Green Lane, Purley has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jan 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 40, Green Lane, Purley completed on 25th May 2021 at £545,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 12.2% over the period since May 2021.
- Sold May 2021£545,000
- Sold Jul 2011£350,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Green Lane, Purley have sold within a radius of 960 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd May 2024, was St. Marks Cottage, Farm Lane, Purley, CR8 3PW, a freehold house which sold for £615,000.
Read more about house prices in CR8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 77 addresses on Green Lane, Purley, CR8, 40, Green Lane, Purley comes out as the 55th largest and the 57th most expensive in our analysis of the public data.
It is also £26k more expensive than the average property across the CR8 district.
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Schools Nearby
- 1.4kmWallington Primary Academy
- 1.5kmWoodcote Primary School
- 1.6kmForesters Primary School
- 700mThe John Fisher School
- 700mWallington High School for Girls
- 1.3kmWoodcote High School
More reading links
Public Transport Nearby
From 40, Green Lane, Purley, the nearest station is Reedham (London), 1.7 kilometres away.
- 1.7kmReedham (London)
- 2.1kmWallington
- 2.1kmPurley
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
