Feb 07, 2023 by HM

House prices in South Croydon (CR2 9)

This article reveals price per square metre data and various charts to help you understand current housing market in South Croydon (CR2 9).


Defining 'CR2 9'

This analysis is limited to properties whose postcode starts with "CR2 9", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

Price per square metre

Knowing the average house price in South 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. Flat 10 Yew Tree Court, 79, Limpsfield Road, South Croydon, sold for £280,000 on Feb-2024. Given the internal area of 56 square metres, the price per sqm is £5,000.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. ;-) They may want to convert metres 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. £5,700-£6,000, £6,000-£6,300, £6,300-£6,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 105 sales in South Croydon (CR2 9) that took place in the last two years.

Distribution of £ per sqm for South Croydon (CR2 9)
Distribution of £ per sqm house prices in South Croydon

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 South Croydon (CR2 9). Of the 105 transactions, half were sold for between £5,000 and £6,280 per square metre. The median, or 'middle', price per square metre in 'CR2 9' is £5,590. Notably, only 25% of properties that sold recently were valued at more than £6,280m2. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for 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 South Croydon
House price heatmap for South Croydon

Comparison with neighbouring postcode sectors

The table below shows how 'CR2 9' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CR2 6 South Croydon £4,230m2 £4,820m2 £5,500m2
CR2 7 South Croydon £4,590m2 £5,180m2 £5,860m2
CR2 8 Selsdon £4,690m2 £5,260m2 £5,860m2
CR2 9 South Croydon £5,000m2 £5,590m2 £6,280m2
CR2 0 South Croydon £4,570m2 £5,140m2 £5,710m2

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 scatter plot below for CR2 9 (South Croydon). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CR2 9 and the blue dots are the individual property sales that inform this trend.

Price per square metre in South Croydon (CR2 9) over time
House price trends for South Croydon

Hover on any blue dot to see details of specific sales

Disclaimer: 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the South Croydon data or any other data I am given.

Street level data

Street Avg size Avg £/m2 Recent sales
Limpsfield Road, South Croydon, CR2 9D 99m2 £4,927 22
Wentworth Way, South Croydon, CR2 9E 91m2 £5,034 17
Harewood Gardens, South Croydon, CR2 9B 92m2 £5,546 15
Rectory Park, South Croydon, CR2 9J 130m2 £5,434 13
Mitchley Avenue, South Croydon, CR2 9H 90m2 £5,613 13
Limpsfield Road, South Croydon, CR2 9E 100m2 £5,121 12
Limpsfield Road, South Croydon, CR2 9L 80m2 £4,558 12
Hyde Road, South Croydon, CR2 9N 99m2 £5,302 12

Search for your street here.

Raw data

Our analysis of South 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 m2 £/m2
Flat 10 Yew Tree Court, 79, Limpsfield Rd, South Croydon £280,000
Feb-2024
56 5,000
15, Copthorne Rise, South Croydon £370,000
Feb-2024
86 4,302
10, Peartree Close, South Croydon £415,000
Dec-2023
86 4,825

See the entire list of all sales in South Croydon (CR2 9) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.