Market outlook for CR2
Key indicators for buyers
The CR2 market is moderately favourable for buyers. Prices have softened (-9.8%), which could present a buying opportunity. Affordability has improved from a peak of 11.8x in 2021 to 10.6x today. Rising rents (£1,556/mo, +4.2%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Croydon area
A home in Croydon costs 10.6x the local median salary — very stretched, improving from a peak of 11.8x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Croydon area
Average monthly rent in Croydon is £1,556, up 4.2% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Croydon price of £466,333 with a 25% deposit (£117k), a 2-year fixed mortgage at 3.97% costs around £1,840 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses CR2 avg. price with Croydon rental data
Monthly mortgage payments (£1,840) are £284 more than renting (£1,556). However, buying requires an upfront deposit of £117k — it would take around 12 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FLAT 10, POWELL COURT, 1, WALDRONS PATH CR2 6LT | Flat/Maisonette | £162,500 | 23 Jan 2026 |
19B, SELSDON ROAD CR2 6PY | Flat/Maisonette | £315,000 | 22 Jan 2026 |
167, RIDGE LANGLEY CR2 0AQ | Terraced | £418,000 | 16 Jan 2026 |
75, CHELSHAM ROAD CR2 6HZ | Semi-detached | £378,000 | 15 Jan 2026 |
186, FARLEY ROAD CR2 7NH | Semi-detached | £820,000 | 9 Jan 2026 |
11, BORROWDALE DRIVE CR2 9JS | Semi-detached | £585,000 | 9 Jan 2026 |
31, TANDRIDGE GARDENS CR2 9HW | Detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.