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House Prices in KT24 House Prices in KT24 (Leatherhead)

The average house price in KT24 (Leatherhead) is £1,135,000 using HM Land Registry data.

The average property price increased by £242,308 (23.39%) over the last 5 years and increased by £48,550 (3.59%) over the last 12 months.

Over the last year, there were 71 residential property sales – a decrease of 47 transactions (-66.20%) relative to the previous year. The majority of house sales (24) were in the £480,000 - £744,000 range. Then came properties in the £1,008,000 - £1,272,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 83 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-37,323 (-3%).

In Oct 24, there were 21 new estate agency instructions, 6 agreed home sales and 13 property price reductions.

Nearby Postcodes: GU1, GU10, GU11, GU14, GU15, GU17, GU2, GU22, GU23, GU3, GU4, GU46, GU47, GU5, GU51, GU52, GU6, GU7, GU8, KT10, KT11, KT12, KT13, KT14, KT18, KT20, KT22, KT23, RG27, RG40, RG45, RH11, RH12, RH2, RH3, RH4, RH5, RH6

5-Year Average Property Prices in KT24 (Leatherhead)

23.39%

Property prices in Leatherhead increased by 23.39% 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 KT24 (Leatherhead) Over the Last Year

3.59%

Property prices in Leatherhead increased by 3.59% 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.

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).

Property Market Heat Gauge for KT24 (Leatherhead) - Oct 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 KT24 (Leatherhead)

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 KT24 (Leatherhead)

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 KT24 (Leatherhead)

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 KT24 (Leatherhead) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the KT24 postcode area since 1995.

Recent Sales in KT24 (Leatherhead)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
32 Weston Lea, West Horsley, Leatherhead, Surrey, KT24 6LG£500,000£450,000-£50,00019 Dec 202328 Jul 2024222 Days
Single Oak, Guildford Road, East Horsley, Leatherhead, Surrey, KT24 6AQ£1,150,000£1,125,000-£25,00023 Feb 202423 Jul 2024151 Days
Brook Meadows, Ockham Road North, East Horsley, Leatherhead, Surrey, KT24 6PU£1,995,000£1,830,000-£165,00012 Jul 202315 Jul 2024369 Days
March Cottage, Surrey Gardens, Effingham Junction, Leatherhead, Surrey, KT24 5HH£695,000£643,000-£52,00006 Feb 202428 Jun 2024143 Days
2 Nightingale Crescent, West Horsley, Leatherhead, Surrey, KT24 6PD£725,000£725,000£0006 Feb 202427 Jun 2024142 Days
117 East Lane, West Horsley, Leatherhead, Surrey, KT24 6LJ£1,395,000£1,350,000-£45,00007 Nov 202331 May 2024206 Days
36 Middle Farm Place, Effingham, Leatherhead, Surrey, KT24 5LA£750,000£750,000£0002 Oct 202309 May 2024220 Days
29 Leewood Way, Effingham, Leatherhead, Surrey, KT24 5JN£650,000£645,000-£5,00016 Jan 202411 Apr 202486 Days
16 Norwood Road, Effingham, Leatherhead, Surrey, KT24 5NT£499,950£494,950-£5,00013 Nov 202310 Apr 2024149 Days
Vine House, Highfields, East Horsley, Leatherhead, Surrey, KT24 5AA£1,950,000£1,872,000-£78,00006 Nov 202310 Apr 2024156 Days
Carwinian, Mount Pleasant, Effingham, Leatherhead, Surrey, KT24 5NS£745,000£699,950-£45,05006 Oct 202302 Apr 2024179 Days
3 Norwood Close, Effingham, Leatherhead, Surrey, KT24 5NY£650,000£600,000-£50,00019 Oct 202322 Mar 2024155 Days
Dambrezi, Shere Road, West Horsley, Leatherhead, Surrey, KT24 6EW£1,100,000£1,050,000-£50,00011 Jan 202422 Mar 202471 Days
Woodside, Forest Road, Effingham Junction, Leatherhead, Surrey, KT24 5HL£1,100,000£1,100,000£0024 Oct 202315 Mar 2024143 Days
Ridgeside Cottage, Mount Pleasant, Effingham, Leatherhead, Surrey, KT24 5NS£565,000£550,000-£15,00027 Sep 202304 Mar 2024159 Days
15 Lindens Close, Effingham, Leatherhead, Surrey, KT24 5NZ£489,950£482,500-£7,45013 Dec 202304 Mar 202482 Days
2 Orchard Gardens, Effingham, Leatherhead, Surrey, KT24 5NR£635,000£600,000-£35,00003 Oct 202326 Feb 2024146 Days
11 Leewood Way, Effingham, Leatherhead, Surrey, KT24 5JN£750,000£735,000-£15,00012 Oct 202323 Feb 2024134 Days
14 Lindens Close, Effingham, Leatherhead, Surrey, KT24 5NZ£650,000£650,000£0014 Sep 202313 Feb 2024152 Days
6 The Crossroads, Effingham, Leatherhead, Surrey, KT24 5PD£550,000£530,000-£20,00023 Feb 202309 Feb 2024351 Days

Most Expensive Streets in KT24 (Leatherhead)

PostcodeStreetAreaAverageNo. of Sales
KT24 5PJBeech Avenue, EffinghamLeatherhead£2,648,7504
KT24 5ANWoodland Drive, East HorsleyLeatherhead£2,180,4005
KT24 6NUOckham Road North, East HorsleyLeatherhead£1,792,5004
KT24 6SGOckham Road South, East HorsleyLeatherhead£1,750,0003
KT24 5DYHooke Road, East HorsleyLeatherhead£1,677,0005
KT24 6PUOckham Road North, East HorsleyLeatherhead£1,670,0003
KT24 5AXLynx Hill, East HorsleyLeatherhead£1,641,2504
KT24 5BQThe Highlands, East HorsleyLeatherhead£1,580,0004
KT24 6QFOakwood Drive, East HorsleyLeatherhead£1,574,20010
KT24 6SBManor Close, East HorsleyLeatherhead£1,561,6663

Least Expensive Streets in KT24 (Leatherhead)

PostcodeStreetAreaAverageNo. of Sales
KT24 6RTBishopsmead Parade, East HorsleyLeatherhead£202,0003
KT24 5AFThe Grove, EffinghamLeatherhead£368,7505
KT24 6NBFarleys Close, West HorsleyLeatherhead£376,6663
KT24 6QTKingston Avenue, East HorsleyLeatherhead£427,1427
KT24 5NTNorwood Road, EffinghamLeatherhead£431,10014
KT24 6LGWeston Lea, West HorsleyLeatherhead£438,3336
KT24 5LAMiddle Farm Place, EffinghamLeatherhead£519,9287
KT24 5PDThe Crossroads, EffinghamLeatherhead£522,5004
KT24 5LZChurch Street, EffinghamLeatherhead£545,6663
KT24 5NZLindens Close, EffinghamLeatherhead£545,8758

Explore KT24 (Leatherhead) using map

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