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Croydon

Croydon Oxygen Freejumping £50 voucher giveaway

Fancy Freejumping then we have a fantastic competition for you.

We are giving away a £50 voucher for use at Croydon Oxygen Freejumping, South London’s No.1 Trampoline Park!

Head over to our twitter page @truuli and retweet one of our promotional tweets to enter or use the entry form on our facebook page

Good Luck!

Truuli.co.uk competitions have the following Terms and Conditions (see below). If you have any questions regarding our competitions, please contact our marketing department at [email protected].

Terms and Conditions

  • The prize on offer in this competition is a £50 Croydon Oxygen Freejumping voucher
  • There is one gift voucher in total
  • Only one entry applicable per username
  • Entrants must be at least 18 years of age and must be a resident of the UK
  • The competition is not open to employees associated with Truuli.co.uk, their immediate families or associated companies
  • Prizes may not be transferred to any other person and there are no cash alternatives or alternative prizes available
  • Winners will be randomly selected from all valid Facebook entries, Twitter retweets or new followers on Twitter: mention tweets do not count
  • The competition winners selected must respond within 7 days of confirmation to claim their prize
  • The decision of Truuli.co.uk is final and no correspondence will be entered into
  • The competition end date is Thursday 14th February 2019; Truuli.co.uk reserves the right to close the competition early

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Here’s Why Croydon is proving to be the perfect place for first time buyers

“First time buyers in Croydon to save £2.1million in less than a year”

The Croydon Advertiser reports that first time buyers in Croydon have saved more than their counterparts across London. This has been mainly thanks to changes in stamp duty laws, allowing these homeowners to get their foot on the property ladder with savings.

A total of £2.1million was saved by people buying their first home in Croydon since November 2017 when the changes were brought in.

The First Time Buyers Relief (FTBR) on Stamp Duty transactions have allowed Londoners to save an average of £4,300 when buying their first property.

How First Time Buyers Stamp Duty Relief works

If you – and anyone else you’re buying with – are first time buyers of a residential property you can claim relief:

·         on purchases which are made on or after 22 November 2017

·         where the purchase price is no more than £500,000

You then pay the cost of:

·         0% on the first £300,000

·         5% on the remainder up to £500,000

If the purchase price is more than £500,000 you can’t claim the relief and must pay the standard rates on the total purchase price.

Further guidance about Stamp Duty Land Tax: relief for first time buyers is available.

To claim First Time Buyers Relief, enter relief code ‘32’ in the SDLT return.

“Croydon is one of the more affordable boroughs in London, with some of the best transports links to the City, Canary Wharf and the West End. The highly-anticipated £1.4billion Westfield Croydon development has moved a step closer and the area has a high number of new build developments such as Innova and Leon House. A combination of the Help to Buy Scheme and Stamp Duty Relief for First Time buyers are helping some Londoners achieve the dream of home ownership and Croydon is in prime position to capitalize.” Truuli Property Expert, Michael Fyffe

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Truuli’s Local Guide To Croydon

REGENERATION

Croydon is a wonderful suburb in Surrey that is undergoing major reinvention with a modern city feel. The Council is now working with the Mayor of London on the Croydon Opportunity Area. An Opportunity Area Planning Framework (OAPF) has been proposed for the town centre to coordinate this investment. Work is underway on five masterplans underpinning the preparation of this framework: East Croydon, West Croydon, Mid Croydon, Fairfield, and Old Town. There are also a number of public realm improvements planned collectively called ‘Connected Croydon’. In 2017, it was announced that the borough topped CoStar 50’s 2016 Occupier Index, naming it the place most in-demand for office space in the UK.

The area is now home to one of the countries tallest residential buildings, Saffron Square and £3.5 billion has been committed to consented and proposed development projects, with more in the pipeline. The locals eagerly await the long overdue 1.4 billion Westfield Shopping Centre that will cement the area as one of the new go-to places for shopping and dining. Croydon has already had an injection of new culture with Boxpark and its arrays of food and drinks spots including food from Mexico, Brazil, Spain and the Caribbean; the multicultural area is always thriving day and night and is next door to East Croydon station.

Truuli Estate Agents Boxpark Croydon

TRANSPORT/TRAVEL

Croydon has three mainline stations as well as the famous tram link that opened in 2000 and remains the only tram link service in the South East. Fast trains from East Croydon can take you to Victoria or London bridge within 18 minutes, and you can also get to Gatwick in 15 minutes with many locals deciding to use the Gatwick Express rather than driving to the airport.

West Croydon also has a good service into London, however, trains are not as frequent as if you travelled from East Croydon. There is also a tram link which connects Croydon with Wimbledon, making stops via Mitcham Junction – going in the opposite direction you can get into Beckenham Junction and Elmers End. All Croydon stations arein Zone 5

Truuli Croydon Tram

HOMES

Since the infamous riots of 2011 the area as seen a much-needed sea of exciting change. There are different styles of properties from 1930’s, Victorian and Georgian. We also have new build developments going up in the area at a phenomenal rate proving there is a lot of demand for living in the local area. The Plinth block next to Boxpark has its own beautiful roof garden and 161 flats in a 9-storey building changing Croydon’s Skyline to a lovely scenic picture. This particular development forms a part of the Ruskin Square development which will soon have 5 office buildings and over 600 new homes, shops and restaurants.

SMALLER SUBURBS

In Croydon there are local areas in Shirley and Sanderstead that promote staying power, and what we mean by this is the residents want to stay there and live happy ever after. These particular areas have a very strong community bond and everyone knows everyone.

The main postcode area in Croydon is CRO but there are other postcodes that are serviced by the area including CR2. There is an up and coming area in Croydon that is called Forestdale, which is a neighbourhood of 1970s houses that are very popular and affordable. Forestdale is connected to Croydon town centre by two tram stops.

Croydon central and North are controlled by the Labour party at present, with Croydon South being controlled by the Conservative party.

SCHOOLS

Croydon has an abundance of good schools, ranging from Primary, Comprehensive and Private schools. As with most areas, the Ofsted ratings of local schools is fairly patchy as they rate from “need improving” to schools that get “outstanding” We advise you to check the Ofsted reports of your chosen school. A few of the popular primary schools are Park Hill Infants in Stanhope road, St Marys RC in Bedford Park and St Johns CofE in Spring Park Road Shirley.

One of Croydons most famous comprehensive schools is the Brits School for Performing Arts and Technology (currently for 11 – 18 years olds) which has turned out some famous former students such as Adele, Leona Lewis and Tom Holland; the school is located in the Selhurst part of the Croydon borough.

There are also some famous academies in the area such as Oasis in Shirley and the Harris Academy in Shirley. If you wanted to send your child to a private school, they are in abundance with age ranges from 3 through to 11 and then 11 onwards, such as Elmhurst boys, Maple house, Royal Russell and Croydon High.

Truuli’s Local Guide To Croydon Read More »

Croydon Westfield June 2018

Westfield Croydon Update – June 2018

Westfield Croydon Update

It will soon be a decade since the retail giant opened in Shepherd’s Bush and to mark their anniversary, Westfield has taken a leap into the future to predict what visitors will want when they go to a shopping centre in 2028.

The designs have been released after it was confirmed on Thursday (May 31) that a huge John Lewis and Waitrose will be the anchor store of Westfield Croydon and the company have released futuristic design plans to provide customers with a glimpse of how it may be doing shopping in the area in 10 years’ time.

The Westfield ‘Destination 2028’ concept was created by a panel of experts, including a futurologist and people from the fashion and

retail industry, looking at trends for what customers expect and want when they go shopping. They predict there will be a greater importance on ‘experience and leisure’ with the likelihood shoppers will make each visit a full day’s activity, as opposed to quickly rushing out to grab something.

 

Work on the new Croydon Westfield is due to commence in early 2019, we will of course continue to keep you informed with updates.

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Properties in Croydon have “earned” more than their owners over the past two years

Recent research shows that properties in Croydon have “earned” more than their owners over the past two years as house prices have been rising much faster than wages.
Halifax conducted a comparison on rising property values against people’s average take-home earnings across the two-year period of 2016 and 2017 to make the findings. Croydon ranked in the top 10 places in the country for house prices outpacing average earnings with there being £27,386 between property price growth and wages.

This is good news for Croydon residents as the proportion of areas in the country where house prices outpaced earnings fell from 31% in 2016 to 18% in 2017, Halifax said.
Russell Galley, managing director at Halifax, said: “Over the past two years, we have seen house price growth and earnings converge at a national level, leading to a drop in the total number of areas where the average house price rise is greater than owners’ take-home earnings.
“Despite the slowdown in house price growth in southern England, it has still outpaced wages across most of the region.
“This means that middle earners are also facing a challenge getting on to the property ladder.”
The report also demonstrated the continuation of the north/south divide, with 86% of areas where the average house price rise is greater than local earnings being in London, the South East, South West or the East of England: this is down slightly from the previous year when 93% of areas came from these four regions.
According to Halifax’s report no district in the north east of England, Yorkshire and the Humber, Scotland and Northern Ireland saw average house price growth go beyond the average take-home earnings over the past two years.

The most expensive home sold in Croydon in January 2018 went for £1,230,000

Away from southern England, leading performers for house price growth compared with earnings incorporated Harborough in the East Midlands, with house price gains of £19,662 more than earnings, as well as the Ribble Valley in the North West (£8,217), Tamworth in the West Midlands (£3,226) and Denbighshire in Wales (£793).
According to Halifax, here are the top 10 places where house prices outpaced earnings across 2016 and 2017.
In the list below, the average increase in house prices over the two-year period is the first figure, followed by average take-home earnings in the same time and then the cash difference (figures have been rounded):
1. Barnet, London, £106,896, £54,641, £52,256
2. North Hertfordshire, East of England, £95,417, £54,514, £40,903
3. Newham, London, £75,304, £45,169, £30,135
4. Worthing, South East, £73,342, £43,472, £29,871
5. Canterbury, South East, £75,798, £47,454, £28,345
6. Croydon, London, £79,064, £51,678, £27,386
7. Guildford, South East, £77,664, £54,992, £22,672
8. Oxford, South East, £71,275, £48,761, £22,513
9. Fareham, South East, £67,799, £47,571, £20,228
10. Merton, London, £73,800, £53,784, £20,016

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