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Sanderstead House Prices Sanderstead House Prices

The average house price in Sanderstead is £600,000 using HM Land Registry data.

The average property price increased by £144,776 (28.02%) over the last 5 years and increased by £28,935 (4.57%) over the last 12 months.

Over the last year, there were 116 residential property sales – a decrease of 95 transactions (-81.90%) relative to the previous year. The majority of house sales (23) were in the £558,000 - £682,000 range. Then came properties in the £434,000 - £558,000 range, where 21 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 105 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,710 (-2%).

In April 2024, there were 43 new estate agency instructions, 17 agreed home sales and 21 property price reductions.

Neighbouring Areas: Kenley, South Croydon, Selsdon, Purley

Postcodes Covered: CR2, CR6

5-Year Average Property Prices in Sanderstead

28.02%

Property prices in Sanderstead increased by 28.02% 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 Sanderstead Over the Last Year

4.57%

Property prices in Sanderstead increased by 4.57% 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 Sanderstead - 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 Sanderstead

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 Sanderstead

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 Sanderstead

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 Sanderstead since 1995

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

Recent Property Sales in Sanderstead

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Copthorne Rise, South Croydon, Greater London, CR2 9NN£465,000£370,000-£95,00024 Oct 202302 Feb 2024101 Days
129 Purley Oaks Road, South Croydon, Greater London, CR2 0NZ£700,000£700,000£0007 Jul 202302 Feb 2024210 Days
30 Brian Avenue, South Croydon, Greater London, CR2 9NE£850,000£830,000-£20,00023 May 202307 Dec 2023198 Days
10 Tindale Close, South Croydon, Greater London, CR2 0RT£675,000£665,000-£10,00006 Jun 202324 Nov 2023171 Days
47 Tindale Close, South Croydon, Greater London, CR2 0RT£695,000£675,000-£20,00020 Sep 202321 Nov 202362 Days
44 Sanderstead Hill, South Croydon, Greater London, CR2 0HA£935,000£885,000-£50,00006 Jun 202330 Oct 2023146 Days
19 Sanderstead Hill, South Croydon, Greater London, CR2 0HD£900,000£834,500-£65,50011 Oct 202227 Oct 2023381 Days
42 Briton Hill Road, South Croydon, Greater London, CR2 0JL£825,000£805,000-£20,00015 May 202325 Oct 2023163 Days
20 Montague Avenue, South Croydon, Greater London, CR2 9NH£850,000£840,000-£10,00012 May 202311 Oct 2023152 Days
5 Hazelwood Grove, South Croydon, Greater London, CR2 9DW£625,000£620,000-£5,00012 Sep 202306 Oct 202324 Days
44 Sanderstead Court Avenue, South Croydon, Greater London, CR2 9AJ£675,000£632,500-£42,50023 Nov 202205 Oct 2023316 Days
81 Westfield Avenue, South Croydon, Greater London, CR2 9JZ£750,000£725,000-£25,00010 Jul 202302 Oct 202384 Days
43 Montana Close, South Croydon, Greater London, CR2 0AT£240,000£235,000-£5,00006 Mar 202322 Sep 2023200 Days
40 Montague Avenue, South Croydon, Greater London, CR2 9NH£750,000£720,000-£30,00025 Apr 202320 Sep 2023148 Days
8 Norfolk Avenue, South Croydon, Greater London, CR2 8BN£599,000£510,000-£89,00015 Jun 202320 Sep 202397 Days
7 Holmwood Avenue, South Croydon, Greater London, CR2 9HZ£550,000£528,000-£22,00012 May 202314 Sep 2023125 Days
37 The Windings, South Croydon, Greater London, CR2 0HW£700,000£673,000-£27,00027 Feb 202313 Sep 2023198 Days
37 West Hill, South Croydon, Greater London, CR2 0SB£1,000,000£975,000-£25,00028 Mar 202301 Sep 2023157 Days
26 Westfield Avenue, South Croydon, Greater London, CR2 9JU£575,000£555,000-£20,00005 Apr 202301 Sep 2023149 Days
113 Brian Avenue, South Croydon, Greater London, CR2 9NJ£660,000£650,000-£10,00015 Jun 202331 Aug 202377 Days

Most Expensive Streets in Sanderstead

PostcodeStreetAreaAverageNo. of Sales
CR2 0LAHook HillSouth Croydon£1,129,2506
CR2 0LJThe RidgewaySouth Croydon£1,088,0003
CR2 0LGThe RidgewaySouth Croydon£1,043,3333
CR2 0LFThe RidgewaySouth Croydon£965,0003
CR2 0RRPurley Downs RoadSouth Croydon£953,3333
CR2 0ADSandhurst CloseSouth Croydon£931,6663
CR2 0AJSanderstead RoadSouth Croydon£898,4005
CR2 0DRWisborough RoadSouth Croydon£897,5006
CR2 9JGGlebe HyrstSouth Croydon£892,5004
CR2 0HASanderstead HillSouth Croydon£857,5004

Least Expensive Streets in Sanderstead

PostcodeStreetAreaAverageNo. of Sales
CR2 0NTWettern CloseSouth Croydon£251,0717
CR2 0ATMontana CloseSouth Croydon£253,92313
CR2 0BGMayfield RoadSouth Croydon£270,2504
CR2 0QYWisley CourtSouth Croydon£274,2504
CR2 9LGLimpsfield RoadSouth Croydon£274,3005
CR2 0AUTheresas WalkSouth Croydon£289,1254
CR2 9EELimpsfield RoadSouth Croydon£292,3333
CR2 9HLMitchley AvenueSouth Croydon£296,1663
CR2 0BFMayfield RoadSouth Croydon£305,5004
CR2 0NLBarrards HallBeech Avenue£308,7504

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