Market outlook for CR5
Key indicators for buyers
The CR5 market is challenging for buyers right now. Prices are rising at 4.8%, which may favour acting sooner rather than later. Affordability has improved from a peak of 11.8x in 2021 to 10.6x today. Rising rents (£1,582/mo, +3.2%) 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 £1,582, up 3.2% 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 £653,756 with a 25% deposit (£163k), a 2-year fixed mortgage at 4.92% costs around £2,844 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses CR5 avg. price with Croydon rental data
Monthly mortgage payments (£2,844) are £1,262 more than renting (£1,582). However, buying requires an upfront deposit of £163k — it would take around 31 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 |
|---|---|---|---|
14, TULLICK WAY CR5 3GW | Detached | £920,550 | 21 Aug 2026 |
THE OLD KENNELS, CASTLE ROAD, CHIPSTEAD CR5 3NS | Detached | £1,275,000 | 20 Aug 2026 |
20, KESTON AVENUE CR5 1HL | Semi-detached | £580,000 | 12 Aug 2026 |
96, MEAD WAY CR5 1PH | Semi-detached | £450,000 | 7 Aug 2026 |
45, MEAD WAY CR5 1PQ | Detached | £903,000 | 5 Aug 2026 |
FLAT 4, RAILWAY TERRACE, STATION APPROACH, COULSDON NORTH CR5 2NR | Flat/Maisonette | £367,500 | 31 Jul 2026 |
88, TAUNTON LANE CR5 1SF | 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.