Average Price for property in Croydon (London Borough) is around £361,943 which varies based on type of property you are interested in and ranges from £670,597 for detached house to around £416,002 for semi-detached. Similarly terraced house is around £323,101 and a flat is worth £230,131. Values have been changing and have risen £1,550 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,171 in last 6 months, £17,461 in last 1 year, £61,841 in last 2 years, £64,924 in last 3 years, £69,529 in last 4 years and £68,888 in last 5 years.
Currently average asking price of a property in Croydon (London Borough) is around £436,314 based on approximately 4,872 properties for sale. Same is the case with rental options based on 1,149 properties up for rent, average asking rent is around £1,248 per month.
Estimated property value in Croydon (London Borough) is £361,943. Average asking price is £436,314 while average price paid is £318,465 which is up by £17,461 and Avg. asking rent £1,248.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 (London Borough) area. In last 1 year alone average price buyer paid is around £318,465 based on approximately 4,872 sales in Croydon (London Borough) area alone. If you compare it to last 3 years sales of 14,079 properties where buyers paid around £292,880. 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 £281,474 for 21,486 and average amount paid for purchase of approx. 4,872 properties sold in last 7 years comes to about £318,465 per sale.