West Molesey House Prices West Molesey House Prices

The average house price in West Molesey is £732,997 using HM Land Registry data.

The average property price increased by £179,459 (26.77%) over the last 5 years and increased by £35,867 (4.41%) over the last 12 months.

Over the last year, there were 438 residential property sales – a decrease of 323 transactions (-73.74%) relative to the previous year. The majority of house sales (106) were in the £310,000 - £512,000 range. Then came properties in the £512,000 - £714,000 range, where 92 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-37,021 (-3%).

In April 2024, there were 130 new estate agency instructions, 61 agreed home sales and 57 property price reductions.

5-Year Average Property Prices in West Molesey

26.77%

Property prices in West Molesey increased by 26.77% 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 West Molesey Over the Last Year

4.41%

Property prices in West Molesey increased by 4.41% 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 West Molesey - 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 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 West Molesey

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 West Molesey

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 West Molesey

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 West Molesey since 1995

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

Recent Property Sales in West Molesey

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 9, Claremont Place, Church Road, Claygate, Esher, Surrey, KT10 0JD£590,000£570,000-£20,00006 Apr 202315 Mar 2024344 Days
7 Brookfield Gardens, Claygate, Esher, Surrey, KT10 0DS£599,950£595,000-£4,95004 Oct 202315 Mar 2024163 Days
2 Red Lane, Claygate, Esher, Surrey, KT10 0EP£1,375,000£700,000-£675,00004 Mar 201408 Mar 20243657 Days
70 Lynwood Road, Thames Ditton, Surrey, KT7 0DJ£975,000£975,000£0014 Jun 202312 Feb 2024243 Days
52 Grange Road, West Molesey, Surrey, KT8 2PP£325,000£320,000-£5,00021 Jul 202322 Jan 2024185 Days
38 Vine Road, East Molesey, Surrey, KT8 9LF£2,250,000£2,200,000-£50,00019 Sep 202308 Jan 2024111 Days
2 First Close, West Molesey, Surrey, KT8 1PL£625,000£602,700-£22,30012 Sep 202303 Jan 2024113 Days
Flat 20, Ann Boleyn House, Queens Reach, East Molesey, Surrey, KT8 9DE£725,000£705,000-£20,00006 Jun 202319 Dec 2023196 Days
109 Thistledene, Thames Ditton, Surrey, KT7 0YW£999,950£985,000-£14,95011 Jul 202308 Dec 2023150 Days
19 Harvest Lane, Thames Ditton, Surrey, KT7 0NG£835,000£835,000£0001 Sep 202308 Dec 202398 Days
3 Beaconsfield Gardens, Claygate, Esher, Surrey, KT10 0PX£2,500,000£2,420,000-£80,00027 Sep 202308 Dec 202372 Days
39 Boleyn Drive, West Molesey, Surrey, KT8 1RE£379,950£375,000-£4,95014 Sep 202308 Dec 202385 Days
84 First Avenue, West Molesey, Surrey, KT8 2QN£400,000£400,000£0019 May 202308 Dec 2023203 Days
Flat 43, Hinchley Manor, Manor Road North, Hinchley Wood, Esher, Surrey, KT10 0AT£435,000£420,000-£15,00005 Jun 202307 Dec 2023185 Days
52 Warwick Gardens, Thames Ditton, Surrey, KT7 0RB£350,000£350,000£0013 Jun 202301 Dec 2023171 Days
2 Rushett Road, Thames Ditton, Surrey, KT7 0UX£1,250,000£1,205,000-£45,00012 May 202301 Dec 2023203 Days
39 Queens Road, Thames Ditton, Surrey, KT7 0QY£725,000£718,000-£7,00030 Aug 202329 Nov 202391 Days
19 Southville Road, Thames Ditton, Surrey, KT7 0UL£1,250,000£1,200,000-£50,00011 Aug 202329 Nov 2023110 Days
Flat 43, Aits View, Victoria Avenue, West Molesey, Surrey, KT8 1TL£300,000£295,000-£5,00022 Nov 202329 Nov 20237 Days
21 Harvest Lane, Thames Ditton, Surrey, KT7 0NG£899,950£845,000-£54,95005 Apr 202321 Nov 2023230 Days

Most Expensive Streets in West Molesey

PostcodeStreetAreaAverageNo. of Sales
KT8 9ELWolsey RoadEast Molesey£3,644,0005
KT8 9LFVine RoadEast Molesey£2,188,5004
KT8 0SPSpencer RoadEast Molesey£2,186,6663
KT8 9DUPalace RoadEast Molesey£2,087,0005
KT7 0TUFitzgerald RoadThames Ditton£2,010,6663
KT8 9DJPalace RoadEast Molesey£1,986,5506
KT8 9EWWolsey RoadEast Molesey£1,948,3333
KT8 0PABeauchamp RoadEast Molesey£1,914,3333
KT10 0TXRuxley CrescentClaygate£1,843,3336
KT8 9JPArnison RoadEast Molesey£1,786,0003

Least Expensive Streets in West Molesey

PostcodeStreetAreaAverageNo. of Sales
KT8 9FFBonwick CourtHansler Grove£150,7005
KT8 2JHAbbey WalkWest Molesey£182,5004
KT10 0LDDove PlaceClaygate£205,8333
KT10 0AFRoyston CourtManor Road North£217,40616
KT10 0NWFirs CloseClaygate£226,9905
KT8 2NEHigh StreetWest Molesey£236,1124
KT8 2HRTimothy PlacePool Close£245,6666
KT7 0EFWoodfield RoadThames Ditton£251,50014
KT7 0LAThe NewlandsWeston Green Road£252,8839
KT8 2NYYeend CloseWest Molesey£273,3256

Explore West Molesey and Neighbouring Area House Prices