South Croydon

Area Guide For South Croydon

 
 

South Croydon Map

Estimated Price: £401,632
Average Asking Price: £384,356
Price change in last one year: £51,288
Average Price Paid: £298,736
Average Rent Rates: £1,097

 
 

Property Prices Breakdown in South Croydon

Average Price for property in South Croydon is around £401,632 which varies based on type of property you are interested in and ranges from £623,545 for detached house to around £436,071 for semi-detached. Similarly terraced house is around £325,015 and a flat is worth £238,192. Values have been changing and have risen £6,542 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £18,926 in last 6 months, £51,288 in last 1 year, £67,353 in last 2 years, £69,676 in last 3 years, £74,077 in last 4 years and £81,833 in last 5 years.

Currently average asking price of a property in South Croydon is around £384,356 based on approximately 745 properties for sale. Same is the case with rental options based on 111 properties up for rent, average asking rent is around £1,097 per month.

Estimated property value in South Croydon is £401,632. Average asking price is £384,356 while average price paid is £318,619 which is up by £51,288 and Avg. asking rent £1,097.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 South Croydon area. In last 1 year alone average price buyer paid is around £318,619 based on approximately 745 sales in South Croydon area alone. If you compare it to last 3 years sales of 2,109 properties where buyers paid around £308,811. 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 £298,736 for 3,305 and average amount paid for purchase of approx. 4,404 properties sold in last 7 years comes to about £292,947 per sale.

 
 

Properties For Sale in South 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 £117,500, £328,738 for a 2 bedroom house, £396,042 for a 3 bedroom house, £541,182 for a 4 bedroom house and £571,250 for a 5 bedroom house. For a flat similarly the prices varies from £173,000 for a single bedroom to £253,843 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £321,914. To sum up the asking prices for properties in South Croydon it comes to around average £169,036 for 1 bedroom property, £260,810 for 2 bedroom, £383,386 for 3 bedroom, £541,182 for 4 bedroom and £571,250 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 £589 for 1 bedroom to £1,182 for 2 bedrooms, £1,421 for 3 bedrooms, £1,934 for 4 bedrooms and £2,100 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £822. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,170. You should be generally be expecting around average £769 rent per month for single bedroom property, £1,171 for 2 bedroom, £1,421 for 3 bedroom, £1,934 for 4 bedroom and approximately £2,100 for a 5 bedroom property in South Croydon area.

Popular Houses in South 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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