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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