Market outlook for CR8
Key indicators for buyers
The CR8 market is moderately favourable for buyers. 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 £548,083 with a 25% deposit (£137k), a 2-year fixed mortgage at 3.97% costs around £2,163 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses CR8 avg. price with Croydon rental data
Monthly mortgage payments (£2,163) are £607 more than renting (£1,556). However, buying requires an upfront deposit of £137k — it would take around 17 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 |
|---|---|---|---|
18, DALEGARTH GARDENS CR8 1EH | Semi-detached | £655,000 | 26 Jan 2026 |
8, DALEGARTH GARDENS CR8 1EH | Semi-detached | £725,000 | 22 Jan 2026 |
7, FENEMORE ROAD CR8 5GJ | Terraced | £450,000 | 19 Jan 2026 |
185, BRIGHTON ROAD CR8 4HF | Detached | £780,000 | 16 Jan 2026 |
FLAT 4, 3, OLDEN LANE CR8 2GF | Flat/Maisonette | £275,000 | 15 Jan 2026 |
FLAT 6, 3, OLDEN LANE CR8 2GF | Flat/Maisonette | £284,000 | 14 Jan 2026 |
9, GARSTON LANE CR8 5BA | Semi-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.