# House prices in CR5 1 (Coulsdon South)

This article reveals price per square metre data and various charts to help you understand current housing market in Coulsdon South, Coulsdon (CR5 1).

## Defining 'CR5 1'

This analysis is limited to properties whose postcode starts with "CR5 1", 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 Coulsdon South.

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 Coulsdon South 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. 18, Homefield Road, Coulsdon South, Coulsdon, sold for £492,000 on Mar-2024. Given the internal area of 77 square metres, the price per sqm is £6,389.

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. £5,600-£6,000, £6,000-£6,400, £6,400-£6,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 180 sales in Coulsdon South (CR5 1) that took place in the last two years.

##### Distribution of £ per sqm for Coulsdon South, Coulsdon
Distribution of £ per sqm house prices in Coulsdon South

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 Coulsdon South (CR5 1). Of the 180 transactions, half were sold for between £4,760 and £6,270 per square metre. The median, or 'middle', price per square metre in 'CR5 1' is £5,500. Notably, only 25% of properties that sold recently were valued at more than £6,270 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 Coulsdon South, Coulsdon

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 Coulsdon. 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 Coulsdon South, Coulsdon

## Comparison with neighbouring postcode sectors

The table below shows how 'CR5 1' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CR5 3 Woodmansterne £4,860 sqm £5,450 sqm £6,090 sqm
CR5 1 Coulsdon South £4,760 sqm £5,500 sqm £6,270 sqm
CR5 2 Coulsdon South £4,420 sqm £5,150 sqm £5,890 sqm

## Will Coulsdon 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 CR5 1 (Coulsdon South) compared with both the wider area CR5 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 Coulsdon South,Coulsdon
House price trends for Coulsdon South

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 CR5 1 sales
Recent trends for Coulsdon South

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 Coulsdon 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 Coulsdon 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
Caterham Drive, Coulsdon South, CR5 1J 100 sqm £5,294 39
Chaldon Way, Coulsdon South, CR5 1D 115 sqm £5,734 29
Coulsdon Road, Coulsdon South, CR5 1E 83 sqm £4,770 27
Mead Way, Coulsdon South, CR5 1P 100 sqm £5,602 25
Bradmore Way, Coulsdon South, CR5 1P 122 sqm £5,541 22
Tollers Lane, Coulsdon South, CR5 1B 99 sqm £5,435 22
Reddown Road, Coulsdon South, CR5 1A 117 sqm £5,055 21
Fairdene Road, Coulsdon South, CR5 1R 131 sqm £5,326 21

Search for your street here.

## Raw data

Our analysis of Coulsdon South 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
18, Homefield Rd, Coulsdon South, Coulsdon £492,000
Mar-2024
77 6,389
9, Lacey Avenue, Coulsdon South, Coulsdon £563,000
Mar-2024
91 6,186
30, Homefield Rd, Coulsdon South, Coulsdon £565,000
Feb-2024
81 6,975