House prices in KT22 8 (Leatherhead)

This article reveals price per square metre data and various charts to help you understand current housing market in 'KT22 8' (Leatherhead, Fetcham) - statistics were last calculated on 30 August 2024.


Defining 'KT22 8'

This analysis is limited to properties whose postcode starts with "KT22 8", 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 Leatherhead.

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 Leatherhead 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. Flat 18 Pegasus Court, 21, Epsom Road, Leatherhead, Fetcham, sold for £100,000 on Jun-2024. Given the internal area of 51 square metres, the price per sqm is £1,960.

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. £5,600-£6,000, £6,000-£6,400, £6,400-£6,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 98 sales in Leatherhead (KT22 8) that took place in the last two years.

Distribution of £ per sqm for Leatherhead, Fetcham
Distribution of £ per sqm house prices in Leatherhead

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 Leatherhead (KT22 8). Of the 98 transactions, half were sold for between £4,670 and £6,100 per square metre. The median, or 'middle', price per square metre in 'KT22 8' is £5,580. Notably, only 25% of properties that sold recently were valued at more than £6,100 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 Leatherhead, Fetcham

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 Fetcham. 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 Leatherhead
House price heatmap for Leatherhead, Fetcham

Comparison with neighbouring postcode sectors

The table below shows how 'KT22 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
KT22 8 Leatherhead £4,670 sqm £5,580 sqm £6,100 sqm
KT22 0 Chessington South £5,810 sqm £6,780 sqm £7,630 sqm
KT22 9 Fetcham £5,570 sqm £6,080 sqm £6,770 sqm
KT22 7 Leatherhead £4,640 sqm £5,180 sqm £5,850 sqm

Will Fetcham 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 KT22 8 (Leatherhead) compared with both the wider area KT22 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 Leatherhead,Fetcham
House price trends for Leatherhead

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 KT22 8 sales
Recent trends for Leatherhead

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 Fetcham 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 Fetcham 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
Windfield, Leatherhead, KT22 8U 69 sqm £4,503 24
Lavender Close, Leatherhead, KT22 8L 102 sqm £4,958 15
Epsom Road, Leatherhead, KT22 8T 59 sqm £4,988 15
Bridge Street, Leatherhead, KT22 8B 64 sqm £4,919 14
Epsom Road, Leatherhead, KT22 8S 64 sqm £4,096 12
Poplar Road, Leatherhead, KT22 8S 81 sqm £5,284 11
Epsom Road, Leatherhead, KT22 8R 59 sqm £4,808 10
Highlands Road, Leatherhead, KT22 8N 123 sqm £6,201 10

Search for your street here.

Raw data

Our analysis of Leatherhead 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
Flat 18 Pegasus Court, 21, Epsom Rd, Leatherhead, Fetcham £100,000
Jun-2024
51 1,960
Flat 7 Victoria House, Epsom Rd, Leatherhead, Fetcham £359,950
Jun-2024
75 4,799
Flat 33 Lavender Court, Lavender Close, Leatherhead, Fetcham £290,000
Jun-2024
67 4,328

See the entire list of all sales in Leatherhead (KT22 8) 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.