Property trends for CR4

    CR4 covers Carshalton and surrounding areas in south London, forming part of the broader South London suburban belt. It is a residential district with strong community appeal, family-oriented neighbourhoods, and good transport links to central London.

    At a Glance

    Average Property Price - CR4

    £436,740

    73

    National percentile

    Average Monthly Rent - CR

    £1,607

    86

    National percentile

    Average Net Household Income - CR4

    £48,331

    85

    National percentile

    Flat / Maisonette Yield - CR

    6.1%

    79

    National percentile

    10-Year Annualised Price Growth - CR4

    3.8%

    61

    National percentile

    10-Year Annualised Rent Growth - CR

    3.5%

    21

    National percentile

    Property Price & Volume Trends

    The latest average property price in CR4 is £437,000, placing it among the most expensive districts nationally. Over the past decade, prices have grown at 3.8% annually—broadly in line with the national average. Transaction volume has eased in the latest year, with 361 sales compared to a 10-year average of 480, reflecting softer recent market conditions.

    Rent & Yield Trends

    Average monthly rent in the broader CR postcode area stands at £1,607, placing it among the most expensive rental markets nationally. Over ten years, rents have grown at 3.5% per annum, below the national average rate. Flat yield has improved noticeably, reaching 6.1% in the latest year against a 10-year average of 4.8%, signalling stronger rental returns as the market has evolved.

    Income & Affordability Trends

    Average household income of £48,331 sits well above the national average, reflecting the affluent character of the area. The price-to-income ratio of 8.3x has improved meaningfully since 2016, when it stood at 9.8x, indicating that properties have become more affordable relative to local earnings. Rental affordability has similarly strengthened, with the rent-to-income ratio falling from 34.7% in 2016 to 32.6% today.

    Resident Demographic Profile

    The population skews notably towards families and older working-age households: those aged 35–49 represent 22.9% of residents, well above the national average of 18.7%, while under-15s account for 21.5% against a national 17.5%. The tenure profile is notably different from national norms, with private rental housing at 27.8% (above the 21.7% national average) and outright ownership at 20.3% (well below 33.7%), suggesting a younger, less settled demographic. Employment is concentrated in professional and caring roles, with professionals at 18% and carers at 11.3%—both above national levels—while managerial roles are underrepresented at 9.7% versus 13.4% nationally.

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