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Selsdon House Prices Selsdon House Prices

The average house price in Selsdon is £415,000 using HM Land Registry data.

The average property price increased by £83,884 (21.35%) over the last 5 years and increased by £16,765 (3.64%) over the last 12 months.

Over the last year, there were 171 residential property sales – a decrease of 93 transactions (-54.39%) relative to the previous year. The majority of house sales (42) were in the £398,000 - £492,000 range. Then came properties in the £492,000 - £586,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 84 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,011 (-2%).

In April 2024, there were 45 new estate agency instructions, 28 agreed home sales and 27 property price reductions.

Neighbouring Areas: Sanderstead, South Croydon, West Wickham, Shirley, New Addington, Bromley

Postcodes Covered: CR0, CR2

5-Year Average Property Prices in Selsdon

21.35%

Property prices in Selsdon increased by 21.35% 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 Selsdon Over the Last Year

3.64%

Property prices in Selsdon increased by 3.64% 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 Selsdon - 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 Selsdon

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 Selsdon

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 Selsdon

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 Selsdon since 1995

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

Recent Property Sales in Selsdon

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
34 Bruce Drive, South Croydon, Greater London, CR2 8SL£365,000£360,000-£5,00022 Nov 202307 Mar 2024106 Days
35 Swallowdale, South Croydon, Greater London, CR2 8SG£270,000£267,000-£3,00009 Oct 202329 Jan 2024112 Days
62 Lomond Gardens, South Croydon, Greater London, CR2 8EQ£275,000£275,000£0014 Sep 202304 Jan 2024112 Days
25 Farnborough Crescent, South Croydon, Greater London, CR2 8HA£565,000£550,000-£15,00024 Aug 202313 Dec 2023111 Days
45 Byron Road, South Croydon, Greater London, CR2 8DZ£700,000£672,500-£27,50004 Sep 202320 Nov 202377 Days
38 Swallowdale, South Croydon, Greater London, CR2 8SJ£280,000£271,500-£8,50002 Aug 202317 Nov 2023107 Days
38 Lomond Gardens, South Croydon, Greater London, CR2 8EQ£375,000£375,000£0031 May 202310 Nov 2023163 Days
39 Copse View, South Croydon, Greater London, CR2 8HL£425,000£415,000-£10,00004 Apr 202310 Nov 2023220 Days
16 Old Farleigh Road, South Croydon, Greater London, CR2 8PB£475,000£475,000£0021 Mar 202327 Oct 2023220 Days
62 Croham Valley Road, South Croydon, Greater London, CR2 7NB£870,000£840,000-£30,00026 Jun 202326 Oct 2023122 Days
7 Swallowdale, South Croydon, Greater London, CR2 8SG£290,000£288,000-£2,00001 Apr 202320 Oct 2023202 Days
40 Benhurst Gardens, South Croydon, Greater London, CR2 8NS£450,000£435,000-£15,00017 May 202320 Oct 2023156 Days
37 Middlefields, Croydon, Greater London, CR0 9LF£375,000£375,000£0012 Apr 202319 Oct 2023190 Days
9 Kingsway Avenue, South Croydon, Greater London, CR2 8NF£475,000£475,000£0031 Jul 202317 Oct 202378 Days
29 Boundary Way, Croydon, Greater London, CR0 5AU£600,000£583,000-£17,00023 Jun 202313 Oct 2023112 Days
34 Kersey Drive, South Croydon, Greater London, CR2 8SX£975,000£960,000-£15,00005 Jan 202310 Oct 2023278 Days
2 Ferns Close, South Croydon, Greater London, CR2 8RG£685,000£650,000-£35,00014 Apr 202303 Oct 2023172 Days
6 Middlefields, Croydon, Greater London, CR0 9LF£335,000£335,000£0023 Mar 202329 Sep 2023190 Days
14 Crossways, South Croydon, Greater London, CR2 8JL£550,000£520,000-£30,00001 Jun 202329 Sep 2023120 Days
20 Sandpiper Road, South Croydon, Greater London, CR2 8PR£485,000£468,000-£17,00024 Jun 202322 Sep 202390 Days

Most Expensive Streets in Selsdon

PostcodeStreetAreaAverageNo. of Sales
CR0 5BABishops WalkCroydon£1,797,5006
CR2 8QQKingswood WaySouth Croydon£996,6663
CR2 7LGChapel ViewSouth Croydon£850,0003
CR2 8SXKersey DriveSouth Croydon£799,17814
CR2 7JDCroham Valley RoadSouth Croydon£771,5004
CR2 8QLKingswood WaySouth Croydon£755,0003
CR2 7JGCroham Valley RoadSouth Croydon£741,5004
CR2 8TGAbercorn CloseSouth Croydon£684,3333
CR2 8RGFerns CloseSouth Croydon£683,3333
CR2 7NDFarley RoadSouth Croydon£680,0003

Least Expensive Streets in Selsdon

PostcodeStreetAreaAverageNo. of Sales
CR0 9JDWoodpecker MountCroydon£207,5008
CR0 9HLMarkfieldCroydon£207,8005
CR0 9APHolmbury GroveCroydon£210,22711
CR0 9JHFriars WoodCroydon£212,54511
CR0 9LGMiddlefieldsCroydon£218,3336
CR0 9JWBellfieldCroydon£219,3339
CR0 9HZCascadesCroydon£222,2506
CR0 9LLPennycroftCroydon£223,96615
CR0 9JXBellfieldCroydon£224,00010
CR0 9LHMiddlefieldsCroydon£225,1318

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