House prices in CR2 8 (Gravel Hill)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CR2 8' (Gravel Hill, South Croydon) - statistics were last calculated on 30 June 2024.

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Defining 'CR2 8'

This analysis is limited to properties whose postcode starts with "CR2 8", 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 Gravel Hill.

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 Gravel Hill 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. 12 Sanderstead Court, Addington Road, Gravel Hill, South Croydon, sold for £352,100 on Apr-2024. Given the internal area of 70 square metres, the price per sqm is £5,030.

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. £5,250-£5,500, £5,500-£5,750, £5,750-£6,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 211 sales in Gravel Hill (CR2 8) 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 Gravel Hill (CR2 8). Of the 211 transactions, half were sold for between £4,700 and £5,890 per square metre. The median, or 'middle', price per square metre in 'CR2 8' is £5,320. Notably, only 25% of properties that sold recently were valued at more than £5,890 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 Gravel Hill, 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.

House price heatmap for Gravel Hill, South Croydon

Comparison with neighbouring postcode sectors

The table below shows how 'CR2 8' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CR2 0 Sanderstead	£4,600 sqm	£5,170 sqm	£5,760 sqm
CR2 6 Purley Oaks	£4,220 sqm	£4,870 sqm	£5,470 sqm
CR2 8 Gravel Hill	£4,700 sqm	£5,320 sqm	£5,890 sqm
CR2 9 Upper Warlingham	£4,840 sqm	£5,500 sqm	£6,230 sqm
CR2 7 South Croydon	£4,530 sqm	£5,140 sqm	£5,840 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 8 (Gravel Hill) 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.

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 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
Addington Road, Gravel Hill, CR2 8L	88 sqm	£4,384	32
Sundale Avenue, Gravel Hill, CR2 8R	77 sqm	£5,192	25
Benhurst Gardens, Gravel Hill, CR2 8N	92 sqm	£5,097	20
Norfolk Avenue, Gravel Hill, CR2 8B	145 sqm	£4,902	19
Addington Road, Gravel Hill, CR2 8R	91 sqm	£5,169	18
Selsdon Park Road, Gravel Hill, CR2 8J	83 sqm	£5,048	17
Swallowdale, Gravel Hill, CR2 8S	53 sqm	£5,158	17
Arundel Avenue, Gravel Hill, CR2 8B	142 sqm	£5,045	14

Search for your street here.

Raw data

Our analysis of Gravel Hill 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
12 Sanderstead Court, Addington Rd, Gravel Hill, South Croydon	£352,100 Apr-2024	70	5,030
19, Kingsway Avenue, Gravel Hill, South Croydon	£398,000 Apr-2024	89	4,471
15, Mallard Rd, Gravel Hill, South Croydon	£522,500 Apr-2024	76	6,875

See the entire list of all sales in Gravel Hill (CR2 8) here.