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Chertsey House Prices Chertsey House Prices

The average house price in Chertsey is £438,325 using HM Land Registry data.

The average property price increased by £138,900 (39.93%) over the last 5 years and increased by £27,760 (6.05%) over the last 12 months.

Over the last year, there were 176 residential property sales – a decrease of 152 transactions (-86.36%) relative to the previous year. The majority of house sales (44) were in the £230,000 - £338,000 range. Then came properties in the £338,000 - £446,000 range, where 43 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 114 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,141 (-2%).

In April 2024, there were 60 new estate agency instructions, 23 agreed home sales and 21 property price reductions.

Neighbouring Areas: Staines-upon-Thames, Addlestone

Postcodes Covered: KT15, KT16

5-Year Average Property Prices in Chertsey

39.93%

Property prices in Chertsey increased by 39.93% 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 Chertsey Over the Last Year

6.05%

Property prices in Chertsey increased by 6.05% 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 Chertsey - April 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 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 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 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 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 Chertsey since 1995

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

Recent Property Sales in Chertsey

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Meadhurst Road, Chertsey, Surrey, KT16 8HU£459,950£459,950£0027 Oct 202323 Jan 202488 Days
88 Pretoria Road, Chertsey, Surrey, KT16 9AZ£305,000£270,000-£35,00007 Apr 201619 Jan 20242843 Days
72 Station Road, Chertsey, Surrey, KT16 8BN£425,000£410,000-£15,00009 Aug 202315 Dec 2023128 Days
35 Bramley Close, Chertsey, Surrey, KT16 8HJ£275,000£275,000£0028 Feb 202324 Nov 2023269 Days
Flat 8, Delta House, Bridge Wharf, Chertsey, Surrey, KT16 8NA£390,000£385,000-£5,00006 May 202317 Nov 2023195 Days
41 Hazelbank Road, Chertsey, Surrey, KT16 8PB£210,000£200,000-£10,00012 Jul 202310 Nov 2023121 Days
30 Flemish Fields, Chertsey, Surrey, KT16 8EQ£195,000£184,000-£11,00005 Dec 202230 Oct 2023329 Days
25 Hazelbank Road, Chertsey, Surrey, KT16 8PB£199,950£195,000-£4,95009 May 202327 Oct 2023171 Days
15 Hillcrest Avenue, Chertsey, Surrey, KT16 9RE£550,000£520,000-£30,00028 Jul 202320 Oct 202384 Days
5 Fordwater Road, Chertsey, Surrey, KT16 8HW£395,000£375,000-£20,00007 Jun 202306 Oct 2023121 Days
45 Ferndale Avenue, Chertsey, Surrey, KT16 9RA£565,000£555,000-£10,00016 Jun 202329 Sep 2023105 Days
Ivy Cottage, Herrings Lane, Chertsey, Surrey, KT16 8PL£450,000£447,500-£2,50025 Apr 202328 Sep 2023156 Days
15 Canford Drive, Addlestone, Surrey, KT15 2HH£525,000£492,000-£33,00004 Jul 202325 Sep 202383 Days
St Anns Cottage, Ruxbury Road, Chertsey, Surrey, KT16 9NH£1,375,000£1,300,000-£75,00023 Mar 202315 Sep 2023176 Days
Apartment 34, Hydro House, Bridge Wharf, Chertsey, Surrey, KT16 8JQ£325,000£315,000-£10,00027 Jul 202304 Sep 202339 Days
4 Crown Rise, Chertsey, Surrey, KT16 9LF£399,950£397,000-£2,95016 Mar 202301 Sep 2023169 Days
10 Onslow Mews, Chertsey, Surrey, KT16 9HQ£225,000£205,000-£20,00010 Feb 202318 Aug 2023189 Days
35 Riversdell Close, Chertsey, Surrey, KT16 9JW£550,000£540,000-£10,00026 Apr 202331 Jul 202396 Days
36 Canford Drive, Addlestone, Surrey, KT15 2HL£515,000£492,500-£22,50020 Feb 202326 Jul 2023156 Days
9 Fairway, Chertsey, Surrey, KT16 8EB£475,000£450,000-£25,00010 Mar 202314 Jul 2023126 Days

Most Expensive Streets in Chertsey

PostcodeStreetAreaAverageNo. of Sales
KT16 9NHRuxbury RoadChertsey£1,158,7504
KT16 8RQAbbey GardensChertsey£841,2506
KT16 0SFHomewood CloseOttershaw£811,6663
KT16 8JNBridge RoadChertsey£805,0004
KT16 9RDHillcrest AvenueChertsey£804,9833
KT16 9PNLittle Green LaneChertsey£787,4833
KT16 0SDKent MewsOttershaw£782,2504
KT16 9QPGreen LaneChertsey£758,3333
KT16 0SEBotleys RoadOttershaw£710,88827
KT16 9QSGreen LaneChertsey£705,0496

Least Expensive Streets in Chertsey

PostcodeStreetAreaAverageNo. of Sales
KT16 8AGAbbey CourtChertsey£117,3339
KT16 8FGFour Corners ChertseyPound Road£203,36732
KT16 9HQOnslow MewsChertsey£204,80010
KT16 9GYFox HouseFox Lane North£215,8005
KT16 8DGNelson CourtEastworth Road£218,6905
KT16 9FPRoman HouseHanworth Lane£219,0005
KT16 9GEFoundry CourtGogmore Lane£219,0004
KT15 2GHHarrow CloseAddlestone£220,90010
KT16 8DBWhitehart RowChertsey£229,6005
KT16 9FRLatour HouseHanworth Lane£232,4005

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