7, The Bridle Road
7, The Bridle Road
Description & Estimates
7, The Bridle Road, Purley appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a period apartment with 867 ft2 of internal area and a garden.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 7, The Bridle Road, Purley is £244,594 and its rental estimate is £1,393 per month, given the available information and assuming reasonable condition.
7, The Bridle Road is a residential building on The Bridle Road, Purley, CR8 and falls within the CR8 postal district and the borough of Croydon.
Our Data Sources
7, The Bridle Road, Purley has a single entry in the Land Registry from November 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 7, The Bridle Road, Purley, we estimate a market value of £256,823 and a rental value of £1,462 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £227,472 and £1,295 per month respectively.
Recent Market Change
Over the last year, 7, The Bridle Road, Purley has seen its estimated sale value decrease by £7,193 (2.9%) and its estimated rental value grow by £49 per month (3.5%). This results in an estimated gross rental yield of 6.8%.
Sold Prices
The most recent sale of 7, The Bridle Road, Purley completed on 3rd November 2014 at £301,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 55.7% over the period since November 2014.
- Sold Nov 2014£301,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 7, The Bridle Road, Purley has sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th March 2014, was Flat 1, 39A, Woodcote Valley Road, Purley, CR8 3AN, a leasehold flat which sold for £140,000.
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 33 addresses on The Bridle Road, Purley, CR8, 7, The Bridle Road, Purley comes out as the 33rd largest and the 33rd most expensive in our analysis of the public data.
It is also £319k less expensive than the average property across the CR8 district.
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Schools Nearby
- 600mMargaret Roper Catholic Primary School
- 1.0kmWallington Primary Academy
- 1.2kmChrist Church CofE Primary School (Purley)
- 400mThe John Fisher School
- 600mThomas More Catholic School
- 1.5kmWallington High School for Girls
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Public Transport Nearby
From 7, The Bridle Road, Purley, the nearest station is Purley, 1.2 kilometres away.
- 1.2kmPurley
- 1.3kmReedham (London)
- 2.1kmPurley Oaks
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
