Property trends for KT11

    KT11 covers Esher and surrounding areas in Surrey, located southwest of London in the affluent commuter belt. It is a prosperous residential district characterised by family homes, tree-lined streets, and strong schools, with established appeal to London commuters and families.

    At a Glance

    Average Property Price - KT11

    £1,146,754

    99

    National percentile

    Average Monthly Rent - KT

    £1,733

    89

    National percentile

    Average Net Household Income - KT11

    £57,808

    97

    National percentile

    Flat / Maisonette Yield - KT

    4.8%

    15

    National percentile

    10-Year Annualised Price Growth - KT11

    0.9%

    3

    National percentile

    10-Year Annualised Rent Growth - KT

    2.5%

    1

    National percentile

    Property Price & Volume Trends

    Property prices in KT11 rank among the most expensive nationally, with an average of £1,147,000. However, the 10-year annualised growth rate of 0.9% is among the slowest in the country, reflecting a marked period of price stagnation. Transaction volumes have declined modestly, with 216 sales in the latest full year compared to a 10-year average of 242 per year.

    Rent & Yield Trends

    Average monthly rents of £1,733 sit well above the national average, placing the area in the upper decile for rental costs. Rent growth over the past decade has been exceptionally weak at 2.5% annualised—among the slowest nationally—suggesting limited rental inflation. The flat yield currently stands at 4.8%, a notable improvement on the 10-year average of 4.0%, indicating a gradual shift toward better returns for buy-to-let investors.

    Income & Affordability Trends

    Average household income of £57,808 ranks among the highest nationally, reflecting the affluence of the area. Purchase affordability has deteriorated: the price-to-income ratio has risen from 19.9x in 2016 to 23.6x today, making property ownership substantially less affordable relative to local incomes. Rental affordability has marginally improved, with the rent-to-income ratio falling from 35.8% in 2016 to 33.6%, though rents still consume a significant share of household income.

    Resident Demographic Profile

    The area skews notably older and more economically concentrated than national norms. Children under 15 are overrepresented at 21.5% versus a national average of 17.5%, reflecting the family-oriented character. Young adults aged 16–24 are underrepresented at 8.8%, and 25–34-year-olds are similarly low at 8.1%. Housing tenure is heavily weighted toward ownership: 36.4% own outright and 33.1% own with a mortgage, far above national averages; private rental is correspondingly depressed at 18.4%. Occupationally, the area is dominated by managers (28.2%, more than double the national average of 13.4%) and professionals (24.1%), with very few in trades (6.2%) or elementary roles (4.9%).

    Explore nearby