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Addiscombe is situated just to the northeast of central Croydon, and is home to a high proportion of people who commute to Central London, owing to its proximity to the busy East Croydon railway station and Tramlink, linking Addiscombe with other parts of Croydon and Wimbledon, as well as extensive bus routes into Central Croydon and surrounding areas. Addiscombe is also a ward, which had a population of 16,883 in 2011.

Addiscombe as a place name is Anglo-Saxon in origin, and means "Eadda or Æddi's estate" from an Anglo-Saxon personal name and the word camp, meaning an enclosed area in Old English. The same Anglo-Saxon land-owner may have given his name to Addington around two miles to the north-west.

Since early 2006 several parts of Addiscombe have been in the process of extensive regeneration, notably the addition of housing to the site of the former Black Horse Pub and the demolition of former Church Halls and a small garden centre in Bingham Road allowing a new Church Hall and community complex to be built and provide luxury retirement apartments on adjoining land. The old Bingham Road railway station along with two low height railway bridges have been demolished, making way for a new tramlink line with Addiscombe Tram Stop. The former rail station featured in the opening scenes of the 1960 Tony Hancock film "The Rebel".

Kate Moss was born in Addiscombe.