For 2016 details - Croydon Property Market 2016

Story Highlights

• Croydon had total Property Sales of £2.45 billions in 2015.
• The total number of properties sold in year 2015 was 6426.
• The Average property price was £379 K in Croydon while Median was £300 K.
• Not New Property Contributed 93.02% and New Property 6.98% by Sales value

Total Sales By Property Type

Croydon is one of the Boroughs of South London. It had total Property Sales of  £2.45 billions  which was 16.54% of South London Property Market 2015 Property Market 2015.

The split across the different property types are:

• Terraced £565 millions (23.19%)
• Semi-Detached £473 millions (19.41%)
• Other £319 millions (13.1%)
• Flat/Maisonette £672 millions (27.59%)
• Detached £407 millions (16.71%).

Total No Of Properties Sold By Property Type

In Croydon the total number of properties sold in year 2015 was 6426. The breakdown by different property types are:

• Terraced 1702 (26.49%)
• Semi-Detached 1134 (17.65%)
• Other 111 (1.73%)
• Flat/Maisonette 2826 (43.98%)
• Detached 653 (10.16%)

Average & Median Sales Price

In 2015 the Average property price was £379 K in Croydon. The average property price for the different property types are:

• Detached £624 K
• Flat/Maisonette £238 K
• Other £2.88 millions
• Semi-Detached £417 K
• Terraced £332 K.

The Median Price was £300 K. The median property price for the different property types are:

• Detached £565 K
• Flat/Maisonette £235 K
• Other £500 K
• Semi-Detached £410 K
• Terraced £320 K

New Vs Not New Property Statistics

By Value Of Sales

• Not New Property contributed £2.27 billion (93.02%)
• New Property 170 millions (6.98%) giving combined total of £2.45 billions.

By Number Of Sales

• The number of Not New Property sold was 5883 (91.55%)
• The number of New Property sold was 543 (8.45%) giving combined total of 6426.

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