Living in Croydon – Why buying or renting a property could be what you are looking for.
Croydon is a large town in south London, England. It is 9.4 miles (15.1 km) south of Charing Cross. The principal settlement in the London Borough of Croydon, it is one of the largest commercial districts outside Central London, The entire town had a population of 385,346 (2018 Census),
It has an extensive shopping district which include the Centrale & Whitgift Shopping Centres.
It boasts an excellent night-time economy with a wide variety of public houses and bars. It's also known for its fantastic choice of restaurants and cafés which serve foods from around the world. A meal at an inexpensive restaurant can cost around £13.50 per head whilst a meal for 2 people at a mid-range restaurant, (three course) could cost around £47.50.
Cost of Living:
Croydon has a variety of accommodation options which makes it easy to find a place to suit your needs. In comparison, rent in Croydon is, on average, 25.54% lower than in central London.
Rent can be fairly expensive, especially as you move towards the heart of the town. However, there are plenty of affordable places outside the main town where people love to live.
Croydon's cost of living index (as of 2020) is 73.12.
Buying a house in Croydon and immediate areas such as Purley.
Croydon is considered one of the last bastions of London, where house prices have not grown to astronomical levels compared to many other areas.
According to HM Land Registry, the non-ministerial department that registers the ownership of land and property in England and Wales, the average price of a house in Croydon (as of January 2020), was £371,180.
If you compare that against a property in the Royal Borough of Kensington and Chelsea then you could be looking at an average price of 1.2 Million!!
Transport
There is one thing that the town is not short of, and that is excellent transport links with regular running buses in to central London. It also has a good number of reliable local taxi companies.
There are two mainline stations both east and west of the town. For those who love to get away there is nothing easier than boarding the Gatwick Express train from East Croydon station.
In the year 2000 the tram link was opened. Covering 18.5 miles with 39 stops serving New Addington, Beckenham, Wimbledon and Elmers End.
Sports and Leisure
There are several leisure centres around the town. Most have swimming pools and gymnasium facilities. You can find your nearest sports facility here.
It goes without saying that if you live in Croydon you must be a Crystal Palace FC supporter if you enjoy your football.
In conclusion living in Croydon has some major benefits. Contact Paul O'Shea Homes – your local estate agent and letting agency in Croydon.
