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New Addington House Prices New Addington House Prices

The average house price in New Addington is £441,000 using HM Land Registry data.

The average property price increased by £113,660 (39.18%) over the last 5 years and increased by £22,716 (5.96%) over the last 12 months.

Over the last year, there were 57 residential property sales – a decrease of 51 transactions (-89.47%) relative to the previous year. The majority of house sales (12) were in the £382,000 - £416,000 range. Then came properties in the £314,000 - £348,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,612 (-2%).

In April 2024, there were 10 new estate agency instructions, 6 agreed home sales and 3 property price reductions.

Neighbouring Areas: Biggin Hill, Selsdon, Bromley

Postcodes Covered: CR0

5-Year Average Property Prices in New Addington

39.18%

Property prices in New Addington increased by 39.18% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in New Addington Over the Last Year

5.96%

Property prices in New Addington increased by 5.96% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for New Addington - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in New Addington

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in New Addington

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in New Addington

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the New Addington since 1995

Using HM Land Registry data, this chart displays average annual house prices in the New Addington area since 1995.

Recent Property Sales in New Addington

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
39 Uvedale Crescent, New Addington, Croydon, Greater London, CR0 0BS£375,000£362,500-£12,50009 Nov 202321 Feb 2024104 Days
41 Bothwell Road, New Addington, Croydon, Greater London, CR0 0NR£390,000£385,000-£5,00005 Sep 202318 Dec 2023104 Days
5 Walsingham Road, New Addington, Croydon, Greater London, CR0 0HH£525,000£503,000-£22,00019 Jul 202301 Dec 2023135 Days
5 Danebury, New Addington, Croydon, Greater London, CR0 9EU£325,000£320,000-£5,00005 May 202329 Nov 2023208 Days
160 Headley Drive, New Addington, Croydon, Greater London, CR0 0QG£365,000£345,000-£20,00005 Sep 202330 Oct 202355 Days
16 Ownsted Hill, New Addington, Croydon, Greater London, CR0 0JQ£415,000£400,000-£15,00012 Apr 202315 Sep 2023156 Days
30 Salcot Crescent, New Addington, Croydon, Greater London, CR0 0JH£425,000£405,000-£20,00023 Mar 202304 Aug 2023134 Days
129 Dunley Drive, New Addington, Croydon, Greater London, CR0 0RJ£425,000£415,000-£10,00017 Oct 202203 Aug 2023290 Days
21 Overbury Crescent, New Addington, Croydon, Greater London, CR0 0LR£375,000£350,000-£25,00013 Jan 202327 Jul 2023195 Days
52 Parkway, New Addington, Croydon, Greater London, CR0 0LA£475,000£460,800-£14,20016 Mar 202325 Jul 2023131 Days
78 Applegarth, New Addington, Croydon, Greater London, CR0 9DD£375,000£355,000-£20,00002 Jan 202324 Jul 2023203 Days
29 Shaxton Crescent, New Addington, Croydon, Greater London, CR0 0NW£400,000£400,000£0013 Mar 202319 Jul 2023128 Days
135 Warbank Crescent, New Addington, Croydon, Greater London, CR0 0AZ£200,000£190,000-£10,00020 Jan 202310 Jul 2023171 Days
40 Applegarth, New Addington, Croydon, Greater London, CR0 9DB£335,000£315,000-£20,00002 Feb 202307 Jul 2023155 Days
52 Danebury, New Addington, Croydon, Greater London, CR0 9EW£350,000£325,000-£25,00009 Sep 202207 Jul 2023301 Days
18 Stowell Avenue, New Addington, Croydon, Greater London, CR0 0ES£350,000£350,000£0031 Jan 202330 Jun 2023150 Days
31 Windham Avenue, New Addington, Croydon, Greater London, CR0 0HY£400,000£390,000-£10,00013 Mar 202330 Jun 2023109 Days
18 Uvedale Crescent, New Addington, Croydon, Greater London, CR0 0BP£425,000£425,000£0028 Nov 202230 Jun 2023214 Days
56 Arnhem Drive, New Addington, Croydon, Greater London, CR0 0EB£400,000£400,000£0027 Jul 202120 Jun 2023693 Days
61 Headley Drive, New Addington, Croydon, Greater London, CR0 0QH£425,000£418,000-£7,00006 Feb 202319 Jun 2023133 Days

Most Expensive Streets in New Addington

PostcodeStreetAreaAverageNo. of Sales
CR0 0LAParkwayNew Addington£422,4666
CR0 0JEMontacute RoadNew Addington£411,6663
CR0 0NWShaxton CrescentNew Addington£409,79112
CR0 0NZGrenville RoadNew Addington£405,6878
CR0 0LENorth Downs RoadNew Addington£404,8255
CR0 0ANFairchildes AvenueNew Addington£401,6663
CR0 0QHHeadley DriveNew Addington£400,5995
CR0 0EBArnhem DriveNew Addington£400,0004
CR0 0JHSalcot CrescentNew Addington£399,9166
CR0 0PEWolsey CrescentNew Addington£397,1427

Least Expensive Streets in New Addington

PostcodeStreetAreaAverageNo. of Sales
CR0 9EZFoxcombeNew Addington£216,6483
CR0 9DQBrierleyNew Addington£252,3333
CR0 9DJBygroveNew Addington£263,3333
CR0 0BEMilne Park EastNew Addington£264,0003
CR0 9ENThe LindensNew Addington£264,6005
CR0 0EEArnhem DriveNew Addington£271,6663
CR0 0EGCalley Down CrescentNew Addington£283,4005
CR0 9EBOak BankNew Addington£283,6663
CR0 0AJKing Henrys DriveNew Addington£289,5004
CR0 0BJHomestead WayNew Addington£290,6663

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