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Leatherhead House Prices Leatherhead House Prices

The average house price in Leatherhead is £450,000 using HM Land Registry data.

The average property price increased by £124,771 (29.77%) over the last 5 years and increased by £24,937 (4.81%) over the last 12 months.

Over the last year, there were 125 residential property sales – a decrease of 104 transactions (-83.20%) relative to the previous year. The majority of house sales (47) were in the £220,000 - £362,000 range. Then came properties in the £362,000 - £504,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 97 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-50,439 (-5%).

In April 2024, there were 52 new estate agency instructions, 30 agreed home sales and 25 property price reductions.

Neighbouring Areas: Ashtead, Great Bookham and Fetcham

Postcodes Covered: KT22

5-Year Average Property Prices in Leatherhead

29.77%

Property prices in Leatherhead increased by 29.77% 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 Leatherhead Over the Last Year

4.81%

Property prices in Leatherhead increased by 4.81% 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 Leatherhead - 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 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 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 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 Leatherhead since 1995

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

Recent Property Sales in Leatherhead

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 72, Royal Swan Quarter, Leret Way, Leatherhead, Surrey, KT22 7JL£299,500£297,500-£2,00011 Nov 202301 Mar 2024111 Days
16 Aperdele Road, Leatherhead, Surrey, KT22 7QT£600,000£585,000-£15,00012 Sep 202326 Jan 2024136 Days
35 Minchin Close, Leatherhead, Surrey, KT22 8BH£215,000£200,000-£15,00005 May 202305 Jan 2024245 Days
179b, Kingston Road, Leatherhead, Surrey, KT22 7NX£210,000£200,000-£10,00005 Jun 202313 Nov 2023161 Days
1 Cleeve Road, Leatherhead, Surrey, KT22 7NG£415,000£385,000-£30,00015 Jul 202313 Nov 2023121 Days
22 Windfield, Leatherhead, Surrey, KT22 8UG£320,000£290,000-£30,00024 Jul 202327 Oct 202395 Days
21 Linden Court, Leatherhead, Surrey, KT22 7JG£335,000£335,000£0015 May 202326 Oct 2023164 Days
The Apple Shaw, St Nicholas Hill, Leatherhead, Surrey, KT22 8NE£1,450,000£1,400,000-£50,00029 Jun 202325 Oct 2023118 Days
13 Clinton Road, Leatherhead, Surrey, KT22 8NU£865,000£816,000-£49,00002 Nov 202224 Oct 2023356 Days
6 Cleeve Road, Leatherhead, Surrey, KT22 7NE£425,000£415,000-£10,00014 Jul 202324 Oct 2023102 Days
147 Kingston Road, Leatherhead, Surrey, KT22 7NT£385,000£375,000-£10,00031 Jan 202318 Oct 2023260 Days
4 Ryebridge Close, Leatherhead, Surrey, KT22 7QH£289,750£285,000-£4,75023 May 202316 Oct 2023146 Days
77 Copthorne Road, Leatherhead, Surrey, KT22 7EE£700,000£685,000-£15,00022 May 202310 Oct 2023141 Days
56 Boleyn Walk, Leatherhead, Surrey, KT22 7HU£435,000£435,000£0022 Jul 202310 Oct 202380 Days
Glamorgan, Belmont Road, Leatherhead, Surrey, KT22 7EN£625,000£603,000-£22,00020 Jan 202306 Oct 2023259 Days
14 Fairfield Road, Leatherhead, Surrey, KT22 7HP£450,000£450,000£0026 Jul 202304 Oct 202370 Days
54 Church Street, Leatherhead, Surrey, KT22 8DW£309,950£295,000-£14,95018 Jan 202329 Sep 2023254 Days
Flat 42, Royal Swan Quarter, Leret Way, Leatherhead, Surrey, KT22 7JL£325,000£297,500-£27,50025 Apr 202328 Sep 2023156 Days
14 Linden Court, Leatherhead, Surrey, KT22 7JG£359,950£335,000-£24,95031 May 202326 Sep 2023118 Days
104 Windfield, Leatherhead, Surrey, KT22 8UJ£260,000£235,000-£25,00016 May 202322 Sep 2023129 Days

Most Expensive Streets in Leatherhead

PostcodeStreetAreaAverageNo. of Sales
KT22 8QJTyrrells WoodLeatherhead£2,094,2444
KT22 8QYReigate RoadLeatherhead£1,333,3336
KT22 8NESt Nicholas HillLeatherhead£1,300,54511
KT22 7HBLinden GardensLeatherhead£1,257,5004
KT22 8LTGarden CloseLeatherhead£1,118,6663
KT22 8NWHighlands RoadLeatherhead£1,116,2504
KT22 8RFFir Tree RoadLeatherhead£1,043,3333
KT22 8EXElm DriveLeatherhead£1,023,0004
KT22 8NJHighlands RoadLeatherhead£918,1427
KT22 7HTSt Johns AvenueLeatherhead£853,3333

Least Expensive Streets in Leatherhead

PostcodeStreetAreaAverageNo. of Sales
KT22 7GJRedwood CourtPark View Road£117,7503
KT22 7JZThornton CloseLeatherhead£135,5003
KT22 7RSThornton CloseLeatherhead£182,5004
KT22 7GGAsh CourtPark View Road£194,3333
KT22 7DXHolly CourtBelmont Road£197,5717
KT22 7GFChestnut CourtPark View Road£197,7504
KT22 7TWRandalls WayLeatherhead£210,4005
KT22 7XAHazelmere CloseLeatherhead£210,6735
KT22 8ABHigh StreetLeatherhead£212,48313
KT22 8BLBridge StreetLeatherhead£214,0003

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