Leatherhead

Area Guide For Leatherhead

Leatherhead is a town in Surrey, England, on the River Mole, part of Mole Valley district. It is thought to be of Saxon origin. Neighbouring settlements include: Chessington, Epsom and Oxshott. Located in the centre of the county of Surrey and at a junction of ancient north south and east west communications, the town has been a focus for transport throughout its history. Initially there was the construction of the bridge over the River Mole in the early medieval period. Later the Swan Hotel provided 300 years of service to horse-drawn coaches. In the late 20th century the M25 motorway was built nearby. The origins of the town of Leatherhead appear to be Anglo-Saxon. Ashtead lay within the Copthorne hundred, an administrative division devised by the Saxons. The Leatherhead Museum has traced the history of the town from its beginnings in about AD 880 when it was known as Leodridan (dative case of a compound of "leode" and "rida"), meaning "place where people [can] ride [across the river]" in Anglo-Saxon). Later in the Domesday Book it was called Leret. Later forms recorded are "Lereda", "Ledreda", "Leddrede" (all second half of 12th century). The early settlement appears to have

 
 

Leatherhead Map

Estimated Price: £710,904
Average Asking Price: £1,251,782
Price change in last one year: £71,586
Average Price Paid: £567,679
Average Rent Rates: £3,827

 
 

Property Prices Breakdown in Leatherhead

Average Price for property in Leatherhead is around £710,904 which varies based on type of property you are interested in and ranges from £1,025,901 for detached house to around £459,136 for semi-detached. Similarly terraced house is around £363,233 and a flat is worth £276,703. Values have been changing and have risen £4,243 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,937 in last 6 months, £71,586 in last 1 year, £80,717 in last 2 years, £86,110 in last 3 years, £123,218 in last 4 years and £103,926 in last 5 years.

Currently average asking price of a property in Leatherhead is around £1,251,782 based on approximately 622 properties for sale. Same is the case with rental options based on 94 properties up for rent, average asking rent is around £3,827 per month.

Estimated property value in Leatherhead is £710,904. Average asking price is £1,251,782 while average price paid is £580,931 which is up by £71,586 and Avg. asking rent £3,827.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Leatherhead area. In last 1 year alone average price buyer paid is around £580,931 based on approximately 622 sales in Leatherhead area alone. If you compare it to last 3 years sales of 2,064 properties where buyers paid around £584,835. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £567,679 for 3,356 and average amount paid for purchase of approx. 4,412 properties sold in last 7 years comes to about £553,290 per sale.

 
 

Properties For Sale in Leatherhead

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £413,333, £377,908 for a 2 bedroom house, £556,601 for a 3 bedroom house, £891,531 for a 4 bedroom house and £1,712,715 for a 5 bedroom house. For a flat similarly the prices varies from £207,950 for a single bedroom to £337,338 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £526,231 and £1,000,000 for a 4 bedroom flat. To sum up the asking prices for properties in Leatherhead it comes to around average £284,969 for 1 bedroom property, £350,861 for 2 bedroom, £552,339 for 3 bedroom, £893,745 for 4 bedroom and £1,712,715 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £793 for 1 bedroom to £1,361 for 2 bedrooms, £1,647 for 3 bedrooms, £3,151 for 4 bedrooms and £5,056 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,018. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,574, £1,433 for 3 bedroom and £2,925 for 4 bedroom. You should be generally be expecting around average £996 rent per month for single bedroom property, £1,524 for 2 bedroom, £1,607 for 3 bedroom, £3,126 for 4 bedroom and approximately £5,056 for a 5 bedroom property in Leatherhead area.

Popular Houses in Leatherhead

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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