House prices in CR2 6 (Purley Oaks)

This article reveals price per square metre data and various charts to help you understand current housing market in Purley Oaks, South Croydon (CR2 6).


Defining 'CR2 6'

This analysis is limited to properties whose postcode starts with "CR2 6", 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 Purley Oaks.

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.

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

Price per square metre

Knowing the average house price in Purley Oaks 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 15 Sovereign Court, 9, Warham Road, Purley Oaks, South Croydon, sold for £91,000 on Feb-2024. Given the internal area of 63 square metres, the price per sqm is £1,444.

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 246 sales in Purley Oaks (CR2 6) that took place in the last two years.

Distribution of £ per sqm for Purley Oaks, South Croydon
Distribution of £ per sqm house prices in Purley Oaks

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 Purley Oaks (CR2 6). Of the 246 transactions, half were sold for between £4,240 and £5,510 per square metre. The median, or 'middle', price per square metre in 'CR2 6' is £4,820. Notably, only 25% of properties that sold recently were valued at more than £5,510 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 Purley Oaks, South 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 South 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 Purley Oaks
House price heatmap for Purley Oaks, South Croydon

Comparison with neighbouring postcode sectors

The table below shows how 'CR2 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CR2 0 Sanderstead £4,570 sqm £5,150 sqm £5,730 sqm
CR2 6 Purley Oaks £4,240 sqm £4,820 sqm £5,510 sqm
CR2 8 Gravel Hill £4,680 sqm £5,280 sqm £5,860 sqm
CR2 7 South Croydon £4,560 sqm £5,130 sqm £5,820 sqm
CR2 9 Upper Warlingham £4,970 sqm £5,590 sqm £6,230 sqm

Will South 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 CR2 6 (Purley Oaks) compared with both the wider area CR2 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 Purley Oaks,South Croydon
House price trends for Purley Oaks

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 CR2 6 sales
Recent trends for Purley Oaks

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 South 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 South 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
Warham Road, Purley Oaks, CR2 6L 60 sqm £4,192 48
Haling Park Road, Purley Oaks, CR2 6N 66 sqm £4,395 43
Brighton Road, Purley Oaks, CR2 6A 67 sqm £4,352 32
Churchill Road, Purley Oaks, CR2 6H 82 sqm £5,342 31
Avondale Road, Purley Oaks, CR2 6J 75 sqm £4,384 30
Pampisford Road, Purley Oaks, CR2 6D 80 sqm £4,390 28
Bramley Hill, Purley Oaks, CR2 6L 63 sqm £4,154 23
Blenheim Park Road, Purley Oaks, CR2 6B 99 sqm £4,854 21

Search for your street here.

New build activity

Street Avg size Avg £sqm New build sales
Selsdon Road, Purley Oaks, CR2 6P 78 sqm £5,003 21

Selsdon Road, Purley Oaks, CR2 6P has seen 21 new build sales in the last 4 years (average price £420,102). These new build homes typically have an internal area of 78 sqm, with an average price of £5,003 sqm. This £sqm average is £183 above the average for CR2 6. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Purley Oaks 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 15 Sovereign Court, 9, Warham Rd, Purley Oaks, South Croydon £91,000
Feb-2024
63 1,444
86, Haling Park Rd, Purley Oaks, South Croydon £485,000
Jan-2024
97 5,000
6, Netherheys Drive, Purley Oaks, South Croydon £290,000
Jan-2024
68 4,264

See the entire list of all sales in Purley Oaks (CR2 6) 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.