House prices in CR0 5 (Lebanon Road)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CR0 5' (Lebanon Road, Croydon) - statistics were last calculated on 30 June 2024.

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Defining 'CR0 5'

This analysis is limited to properties whose postcode starts with "CR0 5", 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 Lebanon Road.

You can click on the map labels to change to a neighbouring 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 Lebanon Road 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. Flat 37 Lynden Hyrst, Addiscombe Road, Lebanon Road, Croydon, sold for £286,000 on May-2024. Given the internal area of 63 square metres, the price per sqm is £4,539.

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 199 sales in Lebanon Road (CR0 5) that took place in the last two years.

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 Lebanon Road (CR0 5). Of the 199 transactions, half were sold for between £4,420 and £5,540 per square metre. The median, or 'middle', price per square metre in 'CR0 5' is £5,000. Notably, only 25% of properties that sold recently were valued at more than £5,540 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 Lebanon Road, 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 Lebanon Road, Croydon

Comparison with neighbouring postcode sectors

The table below shows how 'CR0 5' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CR0 6 Lebanon Road	£4,310 sqm	£4,950 sqm	£5,480 sqm
CR0 2 West Croydon	£3,930 sqm	£4,430 sqm	£5,140 sqm
CR0 7 Arena	£4,320 sqm	£5,000 sqm	£5,610 sqm
CR0 8 Addington Village	£4,610 sqm	£5,180 sqm	£5,770 sqm
CR0 9 Gravel Hill	£3,840 sqm	£4,310 sqm	£4,770 sqm
CR0 3 Ampere Way	£4,000 sqm	£4,640 sqm	£5,250 sqm
CR0 4 Waddon	£4,360 sqm	£5,000 sqm	£5,590 sqm
CR0 0 New Addington	£4,270 sqm	£4,720 sqm	£5,180 sqm
CR0 1 George Street	£4,180 sqm	£4,790 sqm	£5,450 sqm
CR0 5 Lebanon Road	£4,420 sqm	£5,000 sqm	£5,540 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 5 (Lebanon Road) 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
Turnpike Link, Lebanon Road, CR0 5N	86 sqm	£4,809	27
Addiscombe Road, Lebanon Road, CR0 5P	72 sqm	£4,326	21
Green Acres, Lebanon Road, CR0 5U	57 sqm	£4,814	15
Coombe Road, Lebanon Road, CR0 5S	70 sqm	£4,985	15
Cotelands, Lebanon Road, CR0 5U	66 sqm	£4,759	15
Maresfield, Lebanon Road, CR0 5U	61 sqm	£4,601	14
Steep Hill, Lebanon Road, CR0 5Q	58 sqm	£5,004	13
Fairfield Path, Lebanon Road, CR0 5Q	45 sqm	£3,065	11

Search for your street here.

Raw data

Our analysis of Lebanon Road 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
Flat 37 Lynden Hyrst, Addiscombe Rd, Lebanon Road, Croydon	£286,000 May-2024	63	4,539
55, Barmouth Rd, Lebanon Road, Croydon	£487,000 May-2024	97	5,020
28, Maresfield, Lebanon Road, Croydon	£262,500 Apr-2024	71	3,697

See the entire list of all sales in Lebanon Road (CR0 5) here.