A strong quarter — and a market that’s now performing in Coulsdon and Purley
The first quarter of 2026 has delivered exceptionally strong results across our office, with March reinforcing a trend that has been building since the start of the year.
Across the Coulsdon (CR5) and Purley (CR8) property market sales agreed in March increased by approximately 40% compared to the long-term March average, confirming that momentum has not only continued, but strengthened.
Across the full quarter, performance has been even more significant. Compared to our long-term Q1 average, sales agreed were approximately 145% higher, and 76% above our previous strongest first quarter on record.
That level of sustained uplift tells us something important — this is no longer a short-term bounce in activity. It reflects a market where confidence has returned and is now translating into consistent results.
A strong market — in a more uncertain world
While the first quarter has delivered exceptional results across CR5 and CR8, it is important to acknowledge the wider economic backdrop.
Global events, particularly the ongoing conflict involving Iran, are beginning to influence financial markets. Rising energy prices are increasing inflationary pressure, which in turn is impacting expectations around interest rates and mortgage pricing.
In recent weeks, mortgage rates have started to edge upwards, and forecasts for rate reductions have become less certain.
What makes the Coulsdon and Purley property market particularly notable, however, is how it has performed despite this backdrop.
Rather than slowing activity, the first quarter has seen a significant increase in agreed sales, a sharp rise in offers, and — most importantly — a clear shift towards more decisive buyer behaviour.
Interest vs Decision-Making
The most meaningful shift this quarter is not simply the increase in activity — it is how buyers are behaving in the Coulsdon and Purley housing market.
Buyer registrations rose by approximately 17% compared to the same period last year, while the number of offers increased by over 85%.
In practical terms, this means demand is not just growing — it is becoming more decisive.
This is reflected most clearly in our viewings-to-offers ratio:
- January: 1 in 5.5
- February: 1 in 3.5
- March: 1 in 3
Across the quarter, this averaged 1 offer for every 3.8 viewings, compared to 1 in 5 last year.
For anyone buying a home in Coulsdon or Purley, this shift is significant. Buyers are no longer just exploring the market — they are making decisions when the right property becomes available.
What this means for buyers in Coulsdon and Purley
In this market, hesitation is starting to carry a cost.
With more buyers prepared and ready to act, the window to secure the right home is shorter than it has been in recent years. Preparation — both financially and mentally — is becoming a key advantage.
Opportunities still exist, but they are less likely to wait.
What this means for sellers in Coulsdon and Purley
Demand remains strong — but it is more selective.
Buyers are engaging quickly with homes that are positioned correctly, while overlooking those that are not. This means pricing, presentation, and launch strategy are now more important than ever.
The gap between average and exceptional results is widening.
Final Thought
In this market, waiting isn’t neutral. It’s a decision — and it has a cost.
As local estate agents in Coulsdon and Purley, we focus on what is happening in the CR5 and CR8 property market — not just national headlines.
