Croydon Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Review (Corrected)

Correction. This corrected edition replaces the version first published on 3 October 2026, which counted pre-application advice requests as planning decisions for some local planning authorities. The planning figures below exclude them. The original version remains online unchanged.

Croydon: South London's largest regeneration programme with over 10,000 new homes planned in the town centre.

The Croydon property market recorded 4,666 residential sales in the 12 months to 30 June 2026, with a median sale price of £415,000. This places Croydon £65k below the Greater London county median of £480,000, and £130k above the approximate UK median of £285,000.

Prices in Croydon have shown modest growth, a year-on-year change of +2.5%. Within Greater London, Croydon ranks 20th by price out of 21 principal towns, and 1st by transaction volume.

On a quarterly view, Croydon median prices moved from £409,250 in Q1 2025 to £416,500 in Q2 2026, a change of +1.8% over 5 quarters.

The local planning authority for Croydon approved 40 residential planning applications and refused 34 in Q3 2026 (1 July to 30 September 2026), with 155 still awaiting a decision. That is an approval rate of 54%. A further 2 residential decisions in the period have no recorded outcome in the source data and are not counted above. Planning figures come from local planning authority records compiled by Landstack, retrieved on 3 October 2026. Councils and Landstack can take several days to publish decisions, so decisions made in the final days of Q3 2026 may not all be included yet.

Schemes approved in Q3 2026, together with those still awaiting a decision, propose around 1,686 homes, an estimated £572.0m of development value at local sale prices. Treat the unit total as an upper bound, since an outline permission and its reserved-matters application both count.

Property prices in Croydon vary significantly by type. The table below compares Croydon prices with Greater London county averages and UK national figures.

Detached homes in Croydon command £715,000, while flat properties are most accessible at £265,000. The £450k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

HM Land Registry has so far registered 48 new-build sales in Croydon for the past 12 months, 1.0% of registered transactions. New-build sales are typically registered 6 to 18 months after completion, so this understates current delivery and is not a completions figure.

On those registered sales, new builds in Croydon sold at a discount of 9.6% to existing stock.

Across the wider Greater London market, 1,006 new-build sales have registered so far. See our Greater London property market report for the full county picture.

The table below shows the most recently registered residential sales in Croydon, evidence of achieved prices for buyers, sellers and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £325,000 to £920,550 illustrates the breadth of the Croydon market.

For developers considering Croydon, the local market data translates directly into finance structuring. With a median value of £415,000 and detached homes at £715,000, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Croydon with a GDV of £715,000 would attract senior debt of approximately £464,750 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

With prices rising 2.5% year-on-year, Croydon presents a supportive environment for new development. Lenders view positive price momentum favourably when assessing loan applications.

Ready to develop in Croydon? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

To put Croydon's market in context, the table below compares it with similarly-priced towns across Greater London:

For the full Greater London town-by-town breakdown, see our comprehensive Greater London property market report.