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House Prices in KT16

The average house price in KT16 (Chertsey) is £427,916 using HM Land Registry data.

The average property price increased by £107,215 (10.2%) over the last 5 years and increased by £21,433 (1.72%) over the last 12 months.

Over the last year, there were 212 residential property sales – a decrease of 166 transactions (-78.30%) relative to the previous year. The majority of house sales (49) were in the £338,000 - £446,000 range. Then came properties in the £230,000 - £338,000 range, where 45 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,948 (-2%).

In June 2024, there were 84 new estate agency instructions, 40 agreed home sales and 47 property price reductions.

5-Year Average Property Prices in KT16 (Chertsey)

10.2%

Property prices in Chertsey increased by 10.2% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in KT16 (Chertsey) Over the Last Year

1.72%

Property prices in Chertsey increased by 1.72% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for KT16 (Chertsey) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in KT16 (Chertsey)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in KT16 (Chertsey)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in KT16 (Chertsey)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the KT16 (Chertsey) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the KT16 postcode area since 1995.

Recent Sales in KT16 (Chertsey)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
2 Escott Place, Ottershaw, Chertsey, Surrey, KT16 0HA	£265,000	£265,000	£00	03 Oct 2023	26 Apr 2024	206 Days
47 Hazelbank Court, Chertsey, Surrey, KT16 8PE	£249,950	£245,000	-£4,950	21 Aug 2023	16 Apr 2024	239 Days
Hill Crest, Coach Road, Ottershaw, Chertsey, Surrey, KT16 0PA	£750,000	£730,000	-£20,000	26 Jan 2024	12 Apr 2024	77 Days
73 Slade Road, Ottershaw, Chertsey, Surrey, KT16 0HY	£750,000	£685,000	-£65,000	18 Jan 2024	11 Apr 2024	84 Days
15 Cowley Avenue, Chertsey, Surrey, KT16 9JH	£500,000	£500,000	£00	30 Oct 2023	28 Mar 2024	150 Days
21 Cowper Close, Chertsey, Surrey, KT16 9EA	£450,000	£437,500	-£12,500	11 Jul 2023	15 Mar 2024	248 Days
3 Tucker Road, Ottershaw, Chertsey, Surrey, KT16 0HD	£365,000	£362,500	-£2,500	30 Aug 2023	23 Feb 2024	177 Days
El Nido, Dockett Eddy, Chertsey, Surrey, KT16 8LS	£750,000	£750,000	£00	08 Jun 2023	02 Feb 2024	239 Days
9 Meadhurst Road, Chertsey, Surrey, KT16 8HU	£459,950	£459,950	£00	27 Oct 2023	23 Jan 2024	88 Days
88 Pretoria Road, Chertsey, Surrey, KT16 9AZ	£305,000	£270,000	-£35,000	07 Apr 2016	19 Jan 2024	2843 Days
Apartment 15, Hydro House, Bridge Wharf, Chertsey, Surrey, KT16 8JQ	£339,950	£315,000	-£24,950	13 Jun 2023	05 Jan 2024	206 Days
5 Simons Close, Ottershaw, Chertsey, Surrey, KT16 0NX	£475,000	£450,000	-£25,000	07 Sep 2023	20 Dec 2023	104 Days
72 Station Road, Chertsey, Surrey, KT16 8BN	£425,000	£410,000	-£15,000	09 Aug 2023	15 Dec 2023	128 Days
35 Bramley Close, Chertsey, Surrey, KT16 8HJ	£275,000	£275,000	£00	28 Feb 2023	24 Nov 2023	269 Days
15 Cowper Close, Chertsey, Surrey, KT16 9EA	£405,000	£400,000	-£5,000	09 Aug 2023	23 Nov 2023	106 Days
Flat 8, Delta House, Bridge Wharf, Chertsey, Surrey, KT16 8NA	£390,000	£385,000	-£5,000	06 May 2023	17 Nov 2023	195 Days
24 Waverley Drive, Chertsey, Surrey, KT16 9PG	£679,950	£655,000	-£24,950	22 May 2023	17 Nov 2023	179 Days
41 Hazelbank Road, Chertsey, Surrey, KT16 8PB	£210,000	£200,000	-£10,000	12 Jul 2023	10 Nov 2023	121 Days
13 Paddocks Way, Chertsey, Surrey, KT16 8HP	£695,000	£690,000	-£5,000	07 Jul 2023	10 Nov 2023	126 Days
29 Palmer Crescent, Ottershaw, Chertsey, Surrey, KT16 0HE	£267,000	£265,000	-£2,000	07 Jun 2023	07 Nov 2023	153 Days

Most Expensive Streets in KT16 (Chertsey)

Postcode	Street	Area	Average	No. of Sales
KT16 9NH	Ruxbury Road	Chertsey	£1,158,750	4
KT16 0DJ	Fan Court, Longcross Road	Chertsey	£1,147,875	4
KT16 0EP	Stonehill Crescent, Ottershaw	Chertsey	£1,137,500	4
KT16 0BX	Calton Close, Longcross	Chertsey	£907,750	4
KT16 0AL	Lyne Lane, Lyne	Chertsey	£897,500	4
KT16 0ER	Oak Villas, Ottershaw	Chertsey	£882,333	3
KT16 0BH	Almners Road, Lyne	Chertsey	£865,357	7
KT16 8RQ	Abbey Gardens	Chertsey	£853,783	6
KT16 0QG	Ottershaw Park, Ottershaw	Chertsey	£852,778	13
KT16 0BL	Almners Road, Lyne	Chertsey	£824,000	6

Least Expensive Streets in KT16 (Chertsey)

Postcode	Street	Area	Average	No. of Sales
KT16 8AG	Abbey Court	Chertsey	£118,000	7
KT16 8FG	Four Corners Chertsey, Pound Road	Chertsey	£203,367	32
KT16 9HQ	Onslow Mews	Chertsey	£204,800	10
KT16 9GY	Fox House, Fox Lane North	Chertsey	£215,800	5
KT16 8DG	Nelson Court, Eastworth Road	Chertsey	£218,690	5
KT16 9GE	Foundry Court, Gogmore Lane	Chertsey	£219,000	4
KT16 9FP	Roman House, Hanworth Lane	Chertsey	£219,000	5
KT16 8DB	Whitehart Row	Chertsey	£229,600	5
KT16 9FR	Latour House, Hanworth Lane	Chertsey	£232,400	5
KT16 9BE	Guildford Street	Chertsey	£234,714	7