House prices in CR0 2 (West Croydon)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CR0 2' (West Croydon, Croydon) - statistics were last calculated on 04 October 2024.


Defining 'CR0 2'

This analysis is limited to properties whose postcode starts with "CR0 2", 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 West Croydon.

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

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

Price per square metre

Knowing the average house price in West Croydon 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. 53, Hartley Road, West Croydon, Croydon, sold for £475,000 on Jul-2024. Given the internal area of 101 square metres, the price per sqm is £4,702.

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. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 228 sales in West Croydon (CR0 2) that took place in the last two years.

Distribution of £ per sqm for West Croydon, Croydon
Distribution of £ per sqm house prices in West Croydon

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 West Croydon (CR0 2). Of the 228 transactions, half were sold for between £4,150 and £5,230 per square metre. The median, or 'middle', price per square metre in 'CR0 2' is £4,680. Notably, only 25% of properties that sold recently were valued at more than £5,230 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 West Croydon, 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.

Property price heatmap for West Croydon
House price heatmap for West Croydon, Croydon

Comparison with neighbouring postcode sectors

The table below shows how 'CR0 2' 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 2 (West Croydon) 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.

Historic price per square metre in West Croydon,Croydon
House price trends for West Croydon

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.

Most recent CR0 2 sales
Recent trends for West Croydon

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
Saffron Central Square, West Croydon, CR0 2F 56 sqm £4,597 35
Caithness Walk, West Croydon, CR0 2W 67 sqm £4,835 26
Saffron Central Square, West Croydon, CR0 2G 59 sqm £5,303 25
Sydenham Road, West Croydon, CR0 2E 67 sqm £4,617 18
Whitehorse Road, West Croydon, CR0 2L 80 sqm £4,508 17
Harry Close, West Croydon, CR0 2N 59 sqm £4,298 17
Tavistock Road, West Croydon, CR0 2A 67 sqm £4,297 15
Queens Road, West Croydon, CR0 2P 78 sqm £4,435 13

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Bell Foundry Close, West Croydon, CR0 2Y 73 sqm £6,385 25

Bell Foundry Close, West Croydon, CR0 2Y has seen 25 new build sales in the last 4 years (average price £458,380). These new build homes typically have an internal area of 73 sqm, with an average price of £6,385 sqm. This £sqm average is £0 above the average for CR0 2. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of West Croydon 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
53, Hartley Rd, West Croydon, Croydon £475,000
Jul-2024
101 4,702
12, Francis Rd, West Croydon, Croydon £260,000
Jun-2024
116 2,241
2, Burdett Rd, West Croydon, Croydon £360,000
Jun-2024
86 4,186

See the entire list of all sales in West Croydon (CR0 2) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.