The Croydon property market is characterized by significant price differences, with the cost of homes on expensive streets nearing 1.4 million and starting as low as 115,062. Currently, the average house price is reported at 428,617. Over the last five years, the average property price declined by 35,653, or 9.41 percent, including a 0.26 percent drop in the past year. Residential transactions also decreased, with 350 properties sold, marking a 20.69 percent reduction from the previous year, reflecting reduced demand across various price brackets.
The property market in Croydon shows significant price variance, with the highest-priced homes averaging nearly 1.4 million and the lowest starting at 115,062.
Croydon's average house price is currently at 428,617, representing a drop of 35,653 over the last five years, or a 9.41 percent decrease.
In the past year, 350 residential properties were sold in Croydon, reflecting an 87 transaction drop from the previous year, a decrease of 20.69 percent.
The most expensive streets in Croydon include Grimwade Avenue and Upfield, both averaging over 1 million, with multiple sales occurring on each street.
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