Key indicators for buyers
The KT12 market is moderately favourable for buyers. Prices have softened (-12.0%), which could present a buying opportunity. Affordability has improved from a peak of 19.2x in 2022 to 15.7x today.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Elmbridge area
A home in Elmbridge costs 15.7x the local median salary — very stretched, improving from a peak of 19.2x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Elmbridge area
Average monthly rent in Elmbridge is £1,834, down 2.6% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Elmbridge price of £571,250 with a 25% deposit (£143k), a 2-year fixed mortgage at 3.97% costs around £2,254 per month.
Monthly cost comparison based on current data
Uses KT12 avg. price with Elmbridge rental data
Monthly mortgage payments (£2,254) are £420 more than renting (£1,834). However, buying requires an upfront deposit of £143k — it would take around 13 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
15, NEW ZEALAND AVENUE KT12 1PX | Flat/Maisonette | £365,000 | 21 Jan 2026 |
5, MARLBOROUGH CLOSE, HERSHAM KT12 4QS | Terraced | £650,000 | 19 Jan 2026 |
1, STANLEY GARDENS, HERSHAM KT12 4HB | Detached | £615,000 | 19 Jan 2026 |
128, RYDENS ROAD KT12 3DU | Semi-detached | £945,000 | 19 Jan 2026 |
5, VINER CLOSE KT12 2YE | Terraced | £390,000 | 16 Jan 2026 |
7, ESHER AVENUE KT12 2SZ | Semi-detached | £600,000 | 16 Jan 2026 |
12E, BOWES ROAD KT12 3HS | Detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in KT12 sold for £571,250 in 2026, with a median of £525,000 across 16 transactions. Prices fell 12.0% compared to the previous year.
| £850,000 |
| 14 Jan 2026 |
38, MANOR ROAD KT12 2PF | Terraced | £657,500 | 12 Jan 2026 |
14, NETLEY DRIVE KT12 3QX | Terraced | £450,000 | 12 Jan 2026 |
11, LOVELACE GARDENS, HERSHAM KT12 5HJ | Semi-detached | £555,000 | 9 Jan 2026 |
451, THE HEART KT12 1GE | Flat/Maisonette | £305,000 | 7 Jan 2026 |
35, WALTON PARK LANE KT12 3HH | Terraced | £412,000 | 7 Jan 2026 |
16, CHURCH GREEN, HERSHAM KT12 4JA | Terraced | £495,000 | 7 Jan 2026 |
64A, MONTAGUE CLOSE KT12 2NQ | Terraced | £470,000 | 6 Jan 2026 |
WRENSGLADE, 18A, YORK GARDENS KT12 3EP | Detached | £897,500 | 6 Jan 2026 |
42, DUNSMORE ROAD KT12 2LJ | Terraced | £483,000 | 6 Jan 2026 |
FLAT 9, BRIDGE COURT, BRIDGE STREET KT12 1AG | Flat/Maisonette | £231,500 | 19 Dec 2025 |
331, THE HEART KT12 1GD | Flat/Maisonette | £310,000 | 19 Dec 2025 |
FLAT 15, BRASSEY HOUSE, NEW ZEALAND AVENUE KT12 1QD | Flat/Maisonette | £205,000 | 19 Dec 2025 |
3, WOLSEY DRIVE KT12 3AY | Terraced | £615,000 | 19 Dec 2025 |
The most recent recorded sale in KT12 was a flat/maisonette property on New Zealand Avenue for £365,000 in January 2026. Across the last 20 sales, the median price was £495,000.