Area Guide For Croydon

Located not far from Charing Cross, Croydon is a small town towards the south of London. What most people don’t know however, is that the area has a very rich history. If you take a walk around, you can still see remnants of the industrial era in the shape of old warehouses. There are in fact a lot of old structures here, but that doesn’t mean there are no new developments. You can find good shopping options here and a fair variety of nightclubs and pubs. Don’t be put off by people claiming the area has issues because the neighbourhood is not particularly more dangerous than any other in London.


Croydon Map

Estimated Price: £326,981
Average Asking Price: £346,227
Price change in last one year: £38,901
Average Price Paid: £234,860
Average Rent Rates: £1,317


Property Prices Breakdown in Croydon

Average Price for property in Croydon is around £326,981 which varies based on type of property you are interested in and ranges from £658,348 for detached house to around £385,665 for semi-detached. Similarly terraced house is around £316,217 and a flat is worth £236,727. Values have been changing and have risen £3,482 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,468 in last 6 months, £38,901 in last 1 year, £60,866 in last 2 years, £66,068 in last 3 years, £59,767 in last 4 years and £62,988 in last 5 years.

Currently average asking price of a property in Croydon is around £346,227 based on approximately 2,020 properties for sale. Same is the case with rental options based on 499 properties up for rent, average asking rent is around £1,317 per month.

Estimated property value in Croydon is £326,981. Average asking price is £346,227 while average price paid is £263,485 which is up by £38,901 and Avg. asking rent £1,317.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 Croydon area. In last 1 year alone average price buyer paid is around £263,485 based on approximately 2,020 sales in Croydon area alone. If you compare it to last 3 years sales of 5,251 properties where buyers paid around £243,096. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £234,860 for 8,212 and average amount paid for purchase of approx. 11,218 properties sold in last 7 years comes to about £230,137 per sale.


Properties For Sale in Croydon


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 £239,971, £294,800 for a 2 bedroom house, £345,889 for a 3 bedroom house, £540,704 for a 4 bedroom house and £646,872 for a 5 bedroom house. For a flat similarly the prices varies from £249,515 for a single bedroom to £298,062 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £397,872 and £385,000 for a 4 bedroom flat. To sum up the asking prices for properties in Croydon it comes to around average £249,103 for 1 bedroom property, £297,367 for 2 bedroom, £353,765 for 3 bedroom, £537,590 for 4 bedroom and £646,872 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 £568 for 1 bedroom to £1,214 for 2 bedrooms, £1,355 for 3 bedrooms, £1,622 for 4 bedrooms and £1,842 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £848. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,228, £1,344 for 3 bedroom and £1,207 for 4 bedroom. You should be generally be expecting around average £756 rent per month for single bedroom property, £1,226 for 2 bedroom, £1,352 for 3 bedroom, £1,523 for 4 bedroom and approximately £1,842 for a 5 bedroom property in Croydon area.

Popular Houses in Croydon

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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