House prices in CR0 0 (New Addington)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CR0 0' (New Addington, Croydon) - statistics were last calculated on 30 August 2024.

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Defining 'CR0 0'

This analysis is limited to properties whose postcode starts with "CR0 0", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it New Addington.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in New Addington is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 97, King Henrys Drive, New Addington, Croydon, sold for £294,000 on Jun-2024. Given the internal area of 95 square metres, the price per sqm is £3,094.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £4,800-£5,000, £5,000-£5,200, £5,200-£5,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 101 sales in New Addington (CR0 0) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in New Addington (CR0 0). Of the 101 transactions, half were sold for between £4,170 and £5,240 per square metre. The median, or 'middle', price per square metre in 'CR0 0' is £4,660. Notably, only 25% of properties that sold recently were valued at more than £5,240 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for New Addington, Croydon

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Croydon. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for New Addington, Croydon

Comparison with neighbouring postcode sectors

The table below shows how 'CR0 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CR0 0 New Addington	£4,170 sqm	£4,660 sqm	£5,240 sqm
CR0 1 George Street	£4,310 sqm	£4,870 sqm	£5,500 sqm
CR0 3 Ampere Way	£4,100 sqm	£4,690 sqm	£5,330 sqm
CR0 5 Lebanon Road	£4,480 sqm	£5,090 sqm	£5,540 sqm
CR0 6 Lebanon Road	£4,480 sqm	£5,000 sqm	£5,470 sqm
CR0 2 West Croydon	£4,150 sqm	£4,680 sqm	£5,230 sqm
CR0 7 Arena	£4,380 sqm	£4,990 sqm	£5,580 sqm
CR0 4 Waddon	£4,380 sqm	£5,000 sqm	£5,640 sqm
CR0 8 Addington Village	£4,710 sqm	£5,200 sqm	£5,770 sqm
CR0 9 Gravel Hill	£3,910 sqm	£4,380 sqm	£4,830 sqm

Will Croydon house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CR0 0 (New Addington) compared with both the wider area CR0 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Croydon to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Croydon and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street	Avg size	Avg £sqm	Recent sales
Headley Drive, New Addington, CR0 0Q	82 sqm	£4,703	17
Overbury Crescent, New Addington, CR0 0L	76 sqm	£5,380	15
Wolsey Crescent, New Addington, CR0 0P	83 sqm	£4,954	14
King Henrys Drive, New Addington, CR0 0A	82 sqm	£4,330	13
Shaxton Crescent, New Addington, CR0 0N	85 sqm	£4,615	12
Uvedale Crescent, New Addington, CR0 0B	86 sqm	£4,410	12
Calley Down Crescent, New Addington, CR0 0E	80 sqm	£4,221	12
Dunley Drive, New Addington, CR0 0R	77 sqm	£4,404	12

Search for your street here.

Raw data

Our analysis of New Addington is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	sqm	£/sqm
97, King Henrys Drive, New Addington, Croydon	£294,000 Jun-2024	95	3,094
277, Homestead Way, New Addington, Croydon	£375,000 Jun-2024	95	3,947
32a, Central Parade, New Addington, Croydon	£510,000 Jun-2024	80	6,375

See the entire list of all sales in New Addington (CR0 0) here.