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Hersham House Prices Hersham House Prices

The average house price in Hersham is £508,900 using HM Land Registry data.

The average property price increased by £44,439 (5.81%) over the last 5 years and increased by £8,881 (1.11%) over the last 12 months.

Over the last year, there were 139 residential property sales – a decrease of 138 transactions (-99.28%) relative to the previous year. The majority of house sales (65) were in the £290,000 - £594,000 range. Then came properties in the £594,000 - £898,000 range, where 35 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-24,922 (-3%).

In April 2024, there were 41 new estate agency instructions, 16 agreed home sales and 20 property price reductions.

Neighbouring Areas: Walton-on-Thames, Weybridge, Esher, Byfleet

Postcodes Covered: KT12

5-Year Average Property Prices in Hersham

5.81%

Property prices in Hersham increased by 5.81% 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 Hersham Over the Last Year

1.11%

Property prices in Hersham increased by 1.11% 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 Hersham - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Hersham

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 Hersham

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 Hersham

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 Hersham since 1995

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

Recent Property Sales in Hersham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
46 West Grove, Hersham, Walton-on-thames, Surrey, KT12 5NX£750,000£745,000-£5,00014 Sep 202309 Feb 2024148 Days
7 North Road, Hersham, Walton-on-thames, Surrey, KT12 5JF£465,000£462,000-£3,00016 Oct 202308 Feb 2024115 Days
16 Broad Close, Hersham, Walton-on-thames, Surrey, KT12 4QX£489,950£477,500-£12,45021 Aug 202321 Dec 2023122 Days
63 Burwood Close, Hersham, Walton-on-thames, Surrey, KT12 4JJ£725,000£700,000-£25,00020 Sep 202315 Dec 202386 Days
34 Belgrave Close, Hersham, Walton-on-thames, Surrey, KT12 5PH£650,000£630,000-£20,00013 Sep 202308 Dec 202386 Days
22 Snellings Road, Hersham, Walton-on-thames, Surrey, KT12 5JG£525,000£513,000-£12,00011 Jul 202330 Nov 2023142 Days
26 Brittain Road, Hersham, Walton-on-thames, Surrey, KT12 4LR£359,950£352,500-£7,45025 Apr 202329 Nov 2023218 Days
204 Hersham Road, Hersham, Walton-on-thames, Surrey, KT12 5QB£575,000£560,000-£15,00022 Aug 202324 Nov 202394 Days
136 Hersham Road, Hersham, Walton-on-thames, Surrey, KT12 5QJ£400,000£371,500-£28,50005 Jun 202322 Nov 2023170 Days
11 Carmalt Gardens, Hersham, Walton-on-thames, Surrey, KT12 5HH£815,000£815,000£0025 Jul 202310 Nov 2023108 Days
105 Vaux Crescent, Hersham, Walton-on-thames, Surrey, KT12 4HF£630,000£590,000-£40,00002 Aug 202309 Nov 202399 Days
274 Molesey Road, Hersham, Walton-on-thames, Surrey, KT12 4QZ£475,000£475,000£0017 Aug 202308 Nov 202383 Days
6 Woodside Avenue, Hersham, Walton-on-thames, Surrey, KT12 5LQ£1,350,000£1,345,000-£5,00022 Jun 202302 Nov 2023133 Days
10 Carmalt Gardens, Hersham, Walton-on-thames, Surrey, KT12 5HH£875,000£845,000-£30,00024 Jul 202302 Nov 2023101 Days
20 Burhill Road, Hersham, Walton-on-thames, Surrey, KT12 4JF£825,000£800,000-£25,00030 May 202301 Nov 2023155 Days
52 Eastwick Road, Hersham, Walton-on-thames, Surrey, KT12 5AR£1,350,000£1,225,000-£125,00019 Jan 202301 Nov 2023286 Days
64 Albany Road, Hersham, Walton-on-thames, Surrey, KT12 5QQ£800,000£790,000-£10,00029 Mar 202326 Oct 2023211 Days
6 Dallington Close, Hersham, Walton-on-thames, Surrey, KT12 4JG£275,000£272,000-£3,00018 Apr 202320 Oct 2023185 Days
70 Beech Close, Hersham, Walton-on-thames, Surrey, KT12 5RQ£310,000£300,000-£10,00013 Feb 202316 Oct 2023245 Days
62 Arch Road, Hersham, Walton-on-thames, Surrey, KT12 4QR£475,000£462,500-£12,50002 May 202313 Oct 2023164 Days

Most Expensive Streets in Hersham

PostcodeStreetAreaAverageNo. of Sales
KT12 5DYAlbury RoadHersham£4,650,0003
KT12 5DDBroadwater CloseHersham£4,312,5004
KT12 5DTAlbury RoadHersham£4,290,8336
KT12 5BYThe QuillotHersham£3,718,7504
KT12 5DEBroadwater Road SouthHersham£3,617,0005
KT12 5BUFarmleigh GroveHersham£3,611,6663
KT12 5DBBroadwater Road NorthHersham£3,466,6663
KT12 5BBOnslow RoadHersham£3,316,6663
KT12 5DNChargate CloseHersham£3,308,3333
KT12 5BLCranley RoadHersham£3,202,9723

Least Expensive Streets in Hersham

PostcodeStreetAreaAverageNo. of Sales
KT12 5EGAlderson GroveHersham£143,31216
KT12 4LTProfumo RoadHersham£222,0006
KT12 5JTClarence HouseQueens Road£257,3333
KT12 4SGMolesey RoadHersham£265,0008
KT12 4BUWillow HouseGreenwood Place£290,8507
KT12 4LPThe LeysEsher Road£315,3905
KT12 4RQMolesey RoadHersham£329,1663
KT12 4LRBrittain RoadHersham£338,3758
KT12 4HBStanley GardensHersham£340,0004
KT12 4JGDallington CloseHersham£345,7818

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