Sanderstead House Prices Sanderstead House Prices

The average house price in Sanderstead is £508,750 using HM Land Registry data.

The average property price increased by £134,063 (25.63%) over the last 5 years and increased by £26,800 (4.25%) over the last 12 months.

Over the last year, there were 130 residential property sales – a decrease of 77 transactions (-59.23%) relative to the previous year. The majority of house sales (26) were in the £540,000 - £660,000 range. Then came properties in the £660,000 - £780,000 range, where 26 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,710 (-2%).

In Oct 24, there were 38 new estate agency instructions, 32 agreed home sales and 20 property price reductions.

5-Year Average Property Prices in Sanderstead

25.63%

Property prices in Sanderstead increased by 25.63% 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 Sanderstead Over the Last Year

4.25%

Property prices in Sanderstead increased by 4.25% 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 Sanderstead - Oct 24

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Sanderstead

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 Sanderstead

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 Sanderstead

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 Sanderstead since 1995

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

Recent Property Sales in Sanderstead

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
20 Ellenbridge Way, South Croydon, Greater London, CR2 0EU£675,000£675,000£0021 Feb 202407 Aug 2024168 Days
49 Harewood Gardens, South Croydon, Greater London, CR2 9BU£450,000£435,000-£15,00030 Nov 202319 Jul 2024232 Days
22 North Down, South Croydon, Greater London, CR2 9PA£850,000£800,000-£50,00007 Mar 202317 Jul 2024498 Days
5 Glebe Hyrst, South Croydon, Greater London, CR2 9JG£1,075,000£1,050,000-£25,00001 Mar 202415 Jul 2024136 Days
8 Audley Drive, Warlingham, Greater London, CR6 9AH£595,000£595,000£0009 Apr 202424 Jun 202476 Days
13 Cranleigh Gardens, South Croydon, Greater London, CR2 9LD£700,000£650,000-£50,00019 Feb 202410 Jun 2024112 Days
10 Kingswood Avenue, South Croydon, Greater London, CR2 9DQ£550,000£543,500-£6,50007 Feb 202407 Jun 2024121 Days
17 Reddington Close, South Croydon, Greater London, CR2 0QZ£320,000£305,000-£15,00004 Dec 202307 Jun 2024186 Days
65 Beechwood Road, South Croydon, Greater London, CR2 0AE£900,000£900,000£0030 May 202305 Jun 2024372 Days
40 Ridge Langley, South Croydon, Greater London, CR2 0AR£600,000£600,000£0027 Feb 202405 Jun 202499 Days
21 Ridge Langley, South Croydon, Greater London, CR2 0AP£425,000£420,000-£5,00029 Feb 202403 Jun 202495 Days
21 Heathhurst Road, South Croydon, Greater London, CR2 0BB£750,000£750,000£0018 Oct 202331 May 2024226 Days
42 Norfolk Avenue, South Croydon, Greater London, CR2 8BN£1,200,000£1,200,000£0021 Dec 202331 May 2024162 Days
7 Wisborough Road, South Croydon, Greater London, CR2 0DR£825,000£800,000-£25,00005 Sep 202323 May 2024261 Days
116 Limpsfield Road, South Croydon, Greater London, CR2 9EF£685,000£680,000-£5,00013 Dec 202320 May 2024159 Days
59a, Mitchley Avenue, South Croydon, Greater London, CR2 9HL£325,000£310,000-£15,00026 May 202320 May 2024360 Days
112 Westfield Avenue, South Croydon, Greater London, CR2 9JW£800,000£775,000-£25,00029 Dec 202320 May 2024143 Days
1 Briton Close, South Croydon, Greater London, CR2 0JH£650,000£625,000-£25,00031 Aug 202317 May 2024260 Days
21 Tudor Close, South Croydon, Greater London, CR2 9DX£650,000£650,000£0024 Dec 202302 May 2024130 Days
14 Wentworth Way, South Croydon, Greater London, CR2 9EU£595,000£585,000-£10,00010 Nov 202330 Apr 2024172 Days

Most Expensive Streets in Sanderstead

PostcodeStreetAreaAverageNo. of Sales
CR2 0LAHook HillSouth Croydon£1,124,2506
CR2 0LJThe RidgewaySouth Croydon£1,088,0003
CR2 0AJSanderstead RoadSouth Croydon£1,048,7504
CR2 0LGThe RidgewaySouth Croydon£1,043,3333
CR2 9JGGlebe HyrstSouth Croydon£952,5004
CR2 0LFThe RidgewaySouth Croydon£947,4005
CR2 0ADSandhurst CloseSouth Croydon£931,6663
CR2 0DRWisborough RoadSouth Croydon£916,2506
CR2 0AABeechwood RoadSouth Croydon£835,0008
CR2 0HASanderstead HillSouth Croydon£826,0005

Least Expensive Streets in Sanderstead

PostcodeStreetAreaAverageNo. of Sales
CR2 0ATMontana CloseSouth Croydon£253,92313
CR2 0BGMayfield RoadSouth Croydon£270,2504
CR2 0AUTheresas WalkSouth Croydon£273,3754
CR2 0QYWisley CourtSouth Croydon£275,4005
CR2 9HLMitchley AvenueSouth Croydon£275,7005
CR2 0NTWettern CloseSouth Croydon£275,8339
CR2 9LGLimpsfield RoadSouth Croydon£277,5004
CR2 0BFMayfield RoadSouth Croydon£293,0004
CR2 0NLBarrards HallBeech Avenue£308,7504
CR2 0QZReddington CloseSouth Croydon£315,6254

Explore Sanderstead and Neighbouring Area House Prices