News: Market News

Huge vote of confidence in council’s Fairfield scheme Plans for a stunning new cultural quarter in the heart of Croydon have been awarded a Government cash boost for their contribution to growth in the region. Croydon Council has successfully bid for £14.2million Coast to Capital Partnership Funding to enhance the regeneration of College Green and […]

Free parking gives big boost to small businesses  Croydon’s small businesses are set to get a big boost with council plans to make the first hour of parking FREE in district centres across the borough. Croydon Council is launching the policy to make it easier for customers to visit local shops and increase trade in Croydon’s […]

The council will relax parking charges on all council-run off-street car parks as well as on-street parking bays, on Christmas Eve, Christmas Day, Boxing Day, New Year’s Eve and New Year’s Day. Stuart King, the council’ cabinet member for transport and environment, said: “The council is once again giving a little back to residents and […]

Croydon Council has opened bidding for businesses or social enterprises wanting to take on the running of the former library in Ashburton Park. The council is working on the restoration of the currently derelict building to make it ready for its new tenants and will be investing in the region of £1m on the project. […]

Read the full story here:

Read the full story here

Check out the images here

Read the full Story Here

Read the full story here

Read the full story here  

Croydon continues to buck the London trend with prices going up from May to June in spite of the ‘EU Referendum Effect.’ National property portal Rightmove’s monthly house price index for June 2016 shows the average price of a London home dropped by 0.2% (£971) in one month from May. But the average house price […]

  More than 200 people got an exclusive insight into Croydon’s booming buy-to-let market from leading property experts at the second Streets Ahead Investor Event (Thursday, 2nd June). Top industry commentator Kate Faulkner and Croydon’s Deputy Leader Alison Butler, Councillor for Homes, Regeneration and Planning, gave delegates the inside track on investing in the local market at […]

First time buyers flocking to Croydon have pushed the average asking price of starter homes up faster in the borough than anywhere else in the country. Prices surged by 18.6% in Croydon over the past year to an average of £297,770, making it the nation’s top hotspot for first time buyer homes according to online […]

Tickets are going fast for the  Streets Ahead Investor Event in Croydon College Conference Centre next month. Delegates at the free-to-attend Streets Ahead Estate Agents’ sponsored event on Thursday, 2nd June will be offered an exclusive insight into the Croydon buy-to-let market from a panel of top experts. Property media commentator and author, Kate Faulkner […]

The Royal Institution of Chartered Surveyors latest figures suggest the upcoming referendum on EU membership may be having a temporary effect on the property market. The latest data from RICS analysts shows the market is slowing down slightly ahead of the referendum on June 23. However they expect a more normal market to resume from […]

Get the inside track on investing in Croydon and the buy-to-let market from leading media property expert Kate Faulkner at the Streets Ahead Investor Event next month. Property expert Kate, who regularly features on national and local TV and radio, is the keynote speaker at the second Streets Ahead Investor Event in Croydon College Conference […]

The average asking price of a property coming onto the market in England and Wales has passed the £300,000 mark for the first time according to Rightmove. The milestone comes just ten years after the average asking price passed the £200,000 mark – that’s a 50% increase in a decade.

Streets Ahead is delighted to be marketing nine new luxury apartments at 20 Mint Walk in the heart of Croydon. Each spacious property in the prestigious development, close to London Borough of Croydon’s headquarters Bernard Weatherill House, will feature a high standard of specification and finish.

Mortgage approvals rose by 12.5% in the year to November 2015 with only a slight dip in December according to a new survey. There was also a huge 32 per cent increase in ‘small-deposit lending‘- loans to buyers with deposits of 15% or less of their properties’ value. Although this also fell slightly at the […]

Rising house prices over the past year have not stopped first time buyers taking the plunge into the property market as new figures for 2015 are almost the same as the previous year. The Halifax says 310,000 entered the market in 2015 – just 0.5% lower than 2014 – despite the average price of a […]

More house hunters are using the ‘Twixmas’ holidays – the period between Christmas and New Year – to start their online search for a new home. It seems our habit of taking longer festive breaks, and the trend for technology gifts like tablets and smartphones, are having a big influence on people’s home-buying habits. Analysts at […]

House prices are expected to rise in 2016 – but at a slower rate than this year according to Britain’s biggest mortgage lender. The Halifax predicts price rises of between four and six per cent next year, which is significantly lower than the current 9.7 per cent national average rate of increase. The building society says the […]

The new manager of Streets Ahead’s freshly refurbished South Croydon branch says the area is a property hotspot thanks to the buzz around the borough’s multi-billion pound regeneration. Jon Claustres, who has worked with the firm for five years, commented: “Croydon is booming at the moment, with Westfield coming to the area, it has really […]

The value of private residential property in London has increased by a staggering 105% in the past ten years according to a new report by the Halifax Building Society. Despite coming through a period of recession, new research by the society shows the UK’s private housing stock is now estimated at £5.1 trillion, growing faster […]

The Nationwide Building Society’s chief economist says the rise in popularity of fixed rate mortgages should insulate many homeowners from any rise in interest rates next year. Looking to 2016, Robert Gardner, said the proportion of outstanding mortgages on variable interest rates has declined steadily, from almost 70% in mid-2012 to around 50% in 2015. […]

First time buyers accounted for almost a third of property sales across the UK in September. The National Association of Estate Agents say first time buyer sales rose by 9% from August to 29% last month – equalling the previous high in May. The NAEA put the increase down to a combination of a wider […]

The arrival of the £1.5 billion Westfield-Hammerson retail, leisure and housing development in Croydon is set to transform the local property market according Streets Ahead Director Gary O’Hare. News that the Government has now greenlit the crucial compulsory purchase order (CPO) needed to buy up the old Whitgift Centre and surrounding land means work can […]

Mortgage approvals for house buyers hit the highest level for 18 months in September – an indicator of strengthening confidence in the UK property market according to analysts. A Mortgage Monitor report by chartered surveyors, e.surv revealed the number of approvals in the last 12 months alone rose by a fifth, with 72,930 house purchase […]

Figures from the Council of Mortgage Lenders show that lending to first time buyers bounced back in the second quarter of 2015 after a sluggish start to the year. The positive post election trend has also been reflected in Croydon according to Streets Ahead Director, Gary O’Hare. He commented: ‘In the last quarter, we have […]

Barely a ball has been played at the start of the new football season and Crystal Palace are already Premier League champions – when it comes to hot property! The Nationwide Building Society’s annual table comparing house price growth close to Premiership stadiums, puts Palace well ahead of the competition – including current football champions […]

Demand for rental property is at an all-time high, nationally with a 52% increase in email enquiries according to Rightmove’s first quarterly Rental Trends Tracker. Within London the highest demand was in the more affordable areas of Bexleyheath, Sidcup and Carshalton, and in Battersea, where inquiries rose by 14% due to ongoing redevelopment of the […]

Streets Ahead has welcomed the wide ranging changes to the UK planning system to boost new home building announced in Chancellor George Osborne’s first budget following the general election. Central to Mr Osborne’s strategy – which still needs to be approved by MPs – is a radical plan to automatically grant planning permission to suitable […]

House prices in England and Wales increased by 5.1 per cent in the year to April, according to the Land Registry, while London prices rose by 10.95% over the same period. The monthly increase from March was 0.9%, taking the average property value to £179,817 compared with the peak of £181,014 in November 2007. The […]

A new survey on the importance of good local schools to home movers shows four out of five parents say this is a priority when deciding where to move to. Streets Ahead already list all the nearest schools to each property we advertise. And according to a new Rightmove survey, most parents will check out […]

Take the politics out of housebuilding – that’s the plea from the Royal Institute of Chartered Surveyors ahead of the General Election. RICS is calling for an independent housing observatory to be set up, acting as ‘an Institute of Fiscal Studies for housing’ to be strictly independent and kept at arm’s length from government. A […]

There are eight tenants chasing every private rental property in the Croydon area with demand set to rise further and push up rents in 2015 according to Streets Ahead Estate Agents. The demand for letting property has already led to a “one to two percent” increase in private rents in the area over the last […]

Asking prices for homes in England and Wales hit an all-time high in March with the average property price now over £286,000. The property website Rightmove said prices rose by 1.6 percent last month – up 1.0 percent in the month to early March. However the annual pace of price growth slowed to 4.7 percent. […]

Croydon is in mid-table when it comes to house prices in the capital according to figures released by the Land Registry. It found the average price of a home in Croydon is £319,604, maintaining its status as among the most affordable of the 33 London boroughs. The only cheaper boroughs are Barking & Dagenham (£271,701), […]

The redevelopment of College Green, a scheme with Fairfield Halls at its heart, has moved a stage closer. Croydon-based consultancy Mott MacDonald, of Sydenham Road, has been appointed as the lead consultant for the project, which promises to breathe new life into Croydon’s cultural offer. Meanwhile Rick Mather Architects, which has a strong track record […]

The Chancellor’s new Help To Buy ISA could help thousands of first time buyers get on the property ladder sooner according to Streets Ahead Estate Agents’ Director Gary O’Hare.

The third exciting phase of Croydon’s £168million showcase Morello new homes development has just been unveiled by Menta Redrow. Morello – a flagship project within the town’s multi-billion pound redevelopment – will turn a largely derelict site next to East Croydon station into a vibrant, sustainable new community. Investors have already bought up almost all […]