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House Prices in CR8 House Prices in CR8 (Purley & Kenley)

The average house price in CR8 (Purley & Kenley) is £528,409 using HM Land Registry data.

The average property price increased by £96,869 (9.88%) over the last 5 years and increased by £19,409 (1.67%) over the last 12 months.

Over the last year, there were 288 residential property sales – a decrease of 231 transactions (-80.21%) relative to the previous year. The majority of house sales (69) were in the £412,000 - £564,000 range. Then came properties in the £564,000 - £716,000 range, where 61 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 89 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-30,238 (-3%).

In Oct 24, there were 95 new estate agency instructions, 66 agreed home sales and 58 property price reductions.

Nearby Postcodes: BR2, BR3, BR4, CR0, CR2, CR3, CR4, CR5, CR6, CR7, CR9, KT20, RH1, RH2, RH8, RH9, SE25, SM1, SM2, SM4, SM5, SM6, SM7, TN16

5-Year Average Property Prices in CR8 (Purley & Kenley)

9.88%

Property prices in Purley & Kenley increased by 9.88% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CR8 (Purley & Kenley) Over the Last Year

1.67%

Property prices in Purley & Kenley increased by 1.67% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for CR8 (Purley & Kenley) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CR8 (Purley & Kenley)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CR8 (Purley & Kenley)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CR8 (Purley & Kenley)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CR8 (Purley & Kenley) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CR8 postcode area since 1995.

Recent Sales in CR8 (Purley & Kenley)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
74 Hayes Lane, Kenley, Greater London, CR8 5JQ£775,000£760,000-£15,00010 Apr 202423 Aug 2024135 Days
42 Higher Drive, Purley, Greater London, CR8 2HF£650,000£640,000-£10,00004 Apr 202402 Aug 2024120 Days
21 Little Roke Avenue, Kenley, Greater London, CR8 5NN£435,000£427,500-£7,50003 Apr 202425 Jul 2024113 Days
28 Bourne Park Close, Kenley, Greater London, CR8 5BS£415,000£408,000-£7,00009 Feb 202424 Jul 2024166 Days
147 Woodcote Valley Road, Purley, Greater London, CR8 3BN£1,200,000£1,150,000-£50,00001 Feb 202415 Jul 2024165 Days
64 Riddlesdown Road, Purley, Greater London, CR8 1DB£725,000£705,000-£20,00008 Mar 202425 Jun 2024109 Days
13 Roke Road, Kenley, Greater London, CR8 5NQ£460,000£455,000-£5,00025 Jan 202417 Jun 2024144 Days
8 Lower Road, Kenley, Greater London, CR8 5NB£489,500£465,000-£24,50010 Mar 202414 Jun 202496 Days
69 Woodside Road, Purley, Greater London, CR8 4LQ£800,000£800,000£0017 Jan 202407 Jun 2024142 Days
42 Beaumont Road, Purley, Greater London, CR8 2EG£650,000£630,000-£20,00029 Jan 202406 Jun 2024129 Days
179 Hayes Lane, Kenley, Greater London, CR8 5HN£900,000£862,500-£37,50022 Nov 202303 Jun 2024194 Days
Flat 63, French Apartments, Lansdowne Road, Purley, Greater London, CR8 2PJ£325,000£325,000£0014 Feb 202429 May 2024105 Days
136 Riddlesdown Road, Purley, Greater London, CR8 1DE£700,000£690,000-£10,00024 Jan 202421 May 2024118 Days
53 Downs Court Road, Purley, Greater London, CR8 1BF£600,000£590,000-£10,00020 Oct 202315 May 2024208 Days
3 Betula Close, Kenley, Greater London, CR8 5ET£650,000£626,500-£23,50006 Mar 202410 May 202465 Days
129 Old Lodge Lane, Purley, Greater London, CR8 4AU£670,000£655,000-£15,00007 Nov 202309 May 2024184 Days
14 Steyning Close, Kenley, Greater London, CR8 5LP£535,000£497,120-£37,88002 Nov 202303 May 2024183 Days
34 The Pines, Purley, Greater London, CR8 2DZ£300,000£300,000£0021 Sep 202303 May 2024225 Days
48 Cumberlands, Kenley, Greater London, CR8 5DX£800,000£760,000-£40,00012 Jul 202302 May 2024295 Days
131 Valley Road, Kenley, Greater London, CR8 5BY£575,000£575,000£0019 Oct 202330 Apr 2024194 Days

Most Expensive Streets in CR8 (Purley & Kenley)

PostcodeStreetAreaAverageNo. of Sales
CR8 3LJRose Walk, PurleyPurley & Kenley£2,606,6663
CR8 5HBWelcomes Road, KenleyPurley & Kenley£1,459,4005
CR8 3HEUpper Woodcote Village, PurleyPurley & Kenley£1,335,5005
CR8 3PGGreen Lane, PurleyPurley & Kenley£1,191,2504
CR8 5EYSummerswood Close, KenleyPurley & Kenley£1,174,1663
CR8 5HWHighwood Close, KenleyPurley & Kenley£1,164,9984
CR8 3HRFoxley Lane, PurleyPurley & Kenley£1,164,6666
CR8 2HUWoodland Way, PurleyPurley & Kenley£1,149,0004
CR8 3JEPeaks Hill, PurleyPurley & Kenley£1,120,0003
CR8 3EGFurze Lane, PurleyPurley & Kenley£1,064,5005

Least Expensive Streets in CR8 (Purley & Kenley)

PostcodeStreetAreaAverageNo. of Sales
CR8 5FJPanta House 4, Old Barn LanePurley & Kenley£105,7754
CR8 5FLOld Barn Lane, KenleyPurley & Kenley£105,9107
CR8 4BSWatney Close, PurleyPurley & Kenley£117,5836
CR8 2AXWhytecliffe Road South, PurleyPurley & Kenley£133,3339
CR8 5GXGodstone Road, KenleyPurley & Kenley£134,3005
CR8 5FNMandrel House 10, Old Barn LanePurley & Kenley£144,3333
CR8 3ENFoxley Lane, PurleyPurley & Kenley£157,5717
CR8 1AYPartridge Knoll, PurleyPurley & Kenley£162,4666
CR8 5GEGodstone Road, KenleyPurley & Kenley£166,6663
CR8 4DZFairbairn Close, PurleyPurley & Kenley£202,2005

Explore CR8 (Purley & Kenley) using map

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