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Purley House Prices Purley House Prices

The average house price in Purley is £418,375 using HM Land Registry data.

The average property price increased by £46,023 (9.02%) over the last 5 years and increased by £9,219 (1.68%) over the last 12 months.

Over the last year, there were 252 residential property sales – a decrease of 130 transactions (-51.59%) relative to the previous year. The majority of house sales (62) were in the £230,000 - £380,000 range. Then came properties in the £530,000 - £680,000 range, where 48 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 179 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-23,132 (-3%).

In January 2025, there were 86 new estate agency instructions, 51 agreed home sales and 45 property price reductions.

Neighbouring Areas: Kenley, Coulsdon, Sanderstead, South Croydon, Beddington, Carshalton, Croydon

Postcodes Covered: CR2, CR5, CR8

5-Year Average Property Prices in Purley

9.02%

Property prices in Purley increased by 9.02% 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 Purley Over the Last Year

1.68%

Property prices in Purley increased by 1.68% 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 Purley - January 2025

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 Purley

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 Purley

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 Purley

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 Purley since 1995

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

Recent Property Sales in Purley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Sunnydene Road, Purley, Greater London, CR8 2DJ£465,000£450,000-£15,00010 Jul 202416 Dec 2024159 Days
39 Manor Wood Road, Purley, Greater London, CR8 4LG£1,000,000£990,000-£10,00001 Jul 202406 Dec 2024158 Days
27 Green Lane, Purley, Greater London, CR8 3PQ£925,000£890,100-£34,90029 May 202428 Nov 2024183 Days
3 Purley Oaks Road, South Croydon, Greater London, CR2 0NU£650,000£625,000-£25,00012 Sep 202412 Nov 202461 Days
24 Dalegarth Gardens, Purley, Greater London, CR8 1EH£645,000£615,000-£30,00012 Jul 202411 Nov 2024122 Days
37a, Oakwood Avenue, Purley, Greater London, CR8 1AR£895,000£890,000-£5,00011 Jun 202411 Nov 2024153 Days
26 Riddlesdown Avenue, Purley, Greater London, CR8 1JG£850,000£837,000-£13,00011 Jun 202408 Nov 2024150 Days
201 Brighton Road, Purley, Greater London, CR8 4HF£550,000£510,000-£40,00005 Jun 202408 Nov 2024156 Days
152 Brighton Road, Purley, Greater London, CR8 4HA£599,950£590,000-£9,95007 May 202407 Nov 2024184 Days
79 Norman Avenue, South Croydon, Greater London, CR2 0QH£600,000£600,000£014 Oct 202305 Nov 2024388 Days
42 Higher Drive, Purley, Greater London, CR8 2HF£650,000£640,000-£10,00004 Apr 202402 Aug 2024120 Days
23 Stoats Nest Road, Coulsdon, Greater London, CR5 2JG£350,000£340,000-£10,00002 Nov 202325 Jul 2024266 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
69 Woodside Road, Purley, Greater London, CR8 4LQ£800,000£800,000£017 Jan 202407 Jun 2024142 Days
42 Beaumont Road, Purley, Greater London, CR8 2EG£650,000£630,000-£20,00029 Jan 202406 Jun 2024129 Days
Flat 63, French Apartments, Lansdowne Road, Purley, Greater London, CR8 2PJ£325,000£325,000£014 Feb 202429 May 2024105 Days
194a, Pampisford Road, South Croydon, Greater London, CR2 6DB£535,000£520,000-£15,00020 Aug 202324 May 2024278 Days
8 Wyndhurst Close, South Croydon, Greater London, CR2 6EP£550,000£533,000-£17,00026 Dec 202323 May 2024149 Days
136 Riddlesdown Road, Purley, Greater London, CR8 1DE£700,000£690,000-£10,00024 Jan 202421 May 2024118 Days

Most Expensive Streets in Purley

PostcodeStreetAreaAverageNo. of Sales
CR8 3LJRose WalkPurley£2,542,5004
CR8 3HEUpper Woodcote VillagePurley£1,335,5005
CR8 2HUWoodland WayPurley£1,210,0003
CR8 3PGGreen LanePurley£1,191,2504
CR8 3HRFoxley LanePurley£1,164,6666
CR8 3JEPeaks HillPurley£1,120,0003
CR8 3JJPeaks HillPurley£1,096,3333
CR8 3EGFurze LanePurley£1,071,2504
CR8 3BAMonahan AvenuePurley£1,025,3336
CR8 4LEManor Wood RoadPurley£1,022,0836

Least Expensive Streets in Purley

PostcodeStreetAreaAverageNo. of Sales
CR8 4BSWatney ClosePurley£113,6427
CR8 2AXWhytecliffe Road SouthPurley£126,8758
CR8 3ENFoxley LanePurley£151,0008
CR2 6FGNetherheys DriveSouth Croydon£171,9287
CR8 1AYPartridge KnollPurley£175,5378
CR2 6AWBrighton RoadSouth Croydon£183,0003
CR8 4DZFairbairn ClosePurley£201,2857
CR2 0DTBroomhall RoadSouth Croydon£202,9163
CR8 4HDBrighton RoadPurley£210,1666
CR8 2FQHigh StreetPurley£211,0004

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