House prices in KT15 3 (New Haw)

This article reveals price per square metre data and various charts to help you understand current housing market in 'KT15 3' (New Haw, Addlestone) - statistics were last calculated on 30 August 2024.


Defining 'KT15 3'

This analysis is limited to properties whose postcode starts with "KT15 3", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it New Haw.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in New Haw is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 20, Copthall Way, New Haw, Addlestone, sold for £490,000 on Jun-2024. Given the internal area of 74 square metres, the price per sqm is £6,621.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £5,250-£5,500, £5,500-£5,750, £5,750-£6,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 173 sales in New Haw (KT15 3) that took place in the last two years.

Distribution of £ per sqm for New Haw, Addlestone
Distribution of £ per sqm house prices in New Haw

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in New Haw (KT15 3). Of the 173 transactions, half were sold for between £4,940 and £6,000 per square metre. The median, or 'middle', price per square metre in 'KT15 3' is £5,450. Notably, only 25% of properties that sold recently were valued at more than £6,000 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for New Haw, Addlestone

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Addlestone. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for New Haw
House price heatmap for New Haw, Addlestone

Comparison with neighbouring postcode sectors

The table below shows how 'KT15 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
KT15 2 Addlestone £4,240 sqm £4,880 sqm £5,480 sqm
KT15 1 Addlestone £4,460 sqm £5,110 sqm £5,810 sqm
KT15 3 New Haw £4,940 sqm £5,450 sqm £6,000 sqm

Will Addlestone house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for KT15 3 (New Haw) compared with both the wider area KT15 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in New Haw,Addlestone
House price trends for New Haw

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent KT15 3 sales
Recent trends for New Haw

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Addlestone to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Addlestone and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Woodham Lane, New Haw, KT15 3N 87 sqm £5,222 54
Common Lane, New Haw, KT15 3L 114 sqm £5,064 15
Marshall Place, New Haw, KT15 3J 61 sqm £5,869 15
Farleigh Road, New Haw, KT15 3H 97 sqm £5,256 13
Pinewood Avenue, New Haw, KT15 3A 123 sqm £5,394 11
Woodham Lane, New Haw, KT15 3P 106 sqm £5,136 11
Linden Close, New Haw, KT15 3H 83 sqm £5,952 11
Copthall Way, New Haw, KT15 3T 82 sqm £5,739 11

Search for your street here.

Raw data

Our analysis of New Haw is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
20, Copthall Way, New Haw, Addlestone £490,000
Jun-2024
74 6,621
36, Common Lane, New Haw, Addlestone £520,000
Jun-2024
93 5,591
Oaklands, Sheerwater Rd, New Haw, Addlestone £1,235,000
Jun-2024
179 6,899

See the entire list of all sales in New Haw (KT15 3) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.