Farm Lane, Purley, CR8

Street Guide For Farm Lane, Purley, CR8

 
 

Farm Lane, Purley, CR8 Map

Estimated Price: £632,665
Average Asking Price: £721,117
Price change in last one year: £63,032
Average Price Paid: £489,750
Average Rent Rates: £1,426

Martin & Co
145 Brighton Road, south Croydon, CR2 6EF

Free House valuation

 

Property Prices Breakdown in Farm Lane, Purley, CR8

Average Price for property in Farm Lane, Purley, CR8 is around £632,665 which varies based on type of property you are interested in and ranges from £705,116 for detached house to around £521,457 for semi-detached. Similarly terraced house is around £469,234. Values have been changing and have risen £5,098 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,565 in last 6 months, £63,032 in last 1 year, £112,409 in last 2 years, £122,522 in last 3 years, £119,069 in last 4 years and £123,714 in last 5 years.

Currently average asking price of a property in Farm Lane, Purley, CR8 is around £721,117 based on approximately 0 properties for sale. Same is the case with rental options based on 89 properties up for rent, average asking rent is around £1,426 per month.

Estimated property value in Farm Lane, Purley, CR8 is £632,665. Average asking price is £721,117 while average price paid is £492,125 which is up by £122,522 and Avg. asking rent £1,426.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Farm Lane, Purley, CR8 area. In last 3 years alone average price buyer paid is around £492,125 based on approximately 4 sales in Farm Lane, Purley, CR8 area alone. If you compare it to last 5 years sales of 6 properties where buyers paid around £489,750. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £488,166 for 9 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £107,500, £262,500 for a 2 bedroom house, £470,171 for a 3 bedroom house, £739,079 for a 4 bedroom house and £1,051,536 for a 5 bedroom house. For a flat similarly the prices varies from £161,314 for a single bedroom to £265,996 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £422,492 and £650,000 for a 4 bedroom flat. To sum up the asking prices for properties in Farm Lane, Purley, CR8 it comes to around average £153,035 for 1 bedroom property, £265,737 for 2 bedroom, £461,757 for 3 bedroom, £736,534 for 4 bedroom and £1,051,536 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £531 for 1 bedroom to £1,248 for 2 bedrooms, £1,452 for 3 bedrooms, £1,890 for 4 bedrooms and £2,220 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £844. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,174 and £1,837 for 3 bedroom. You should be generally be expecting around average £749 rent per month for single bedroom property, £1,177 for 2 bedroom, £1,562 for 3 bedroom, £1,890 for 4 bedroom and approximately £2,220 for a 5 bedroom property in Farm Lane, Purley, CR8 area.

Popular Houses in Farm Lane, Purley, CR8

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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