Cost of living in Croydon
Croydon is one of the cheapest boroughs around London to buy a property. It has a huge diverse property range with around 3000 properties in the area. These include both new-builds and Victorian houses. This helps Croydon attract a wide variety of buyers. Last year most of the property sold in Croydon was flats, which sold for an average of £306,113. Terraced properties in Croydon sell at an average of £418,957, whilst semi-detached properties fetched £510,617. Croydon’s property prices have increased by 7% since the previous year, most likely due to it’s sought after location. It is likely that this will keep increasing as more people decide to move out of London into nearby areas in the coming years.