Property trends for KT15

    KT15 covers Addlestone and surrounding areas in north-west Surrey, south of the Thames and within commuting distance of London. It is a suburban residential district with good transport links and established family neighbourhoods.

    At a Glance

    Average Property Price - KT15

    £447,070

    76

    National percentile

    12 month avg at 31 Jul 2026

    Average Monthly Rent - KT

    £1,747

    88

    National percentile

    Estimate at 31 Jul 2026

    Average Net Household Income - KT15

    £47,867

    83

    National percentile

    2023 census data

    Flat / Maisonette Yield - KT

    4.9%

    8

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Price Growth - KT15

    1.4%

    11

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - KT

    2.5%

    0

    National percentile

    Estimate at 31 Jul 2026

    Street Rankings — KT15

    Top 5 streets in KT15 ranked by 3-year average sale price.

    #Street3Y Avg
    1Sheerwater Avenue£1,423,750
    2Oak End Way£1,333,214
    3Wey Manor Road£1,215,000
    4Homefield Close£1,170,000
    5Woodham Park Way£993,750

    Latest Rent — KT15

    Property Price & Volume Trends

    The average property price in KT15 is £454,000, placing it among the most expensive areas nationally. However, growth over the past decade has been weak: at 2.1% annualised, it ranks among the slowest-growing areas in the country. Transaction activity has softened, with 363 sales recorded in the latest year against a 10-year average of 444.

    Rent & Yield Trends

    Average monthly rent across the broader KT area is £1,733, well above the national norm and in the top tier nationally. Rental growth has been exceptionally sluggish at 2.5% annualised, among the slowest in the country. The flat yield has improved to 4.8%, up from a 10-year average of 4.0%, signalling a modest turnaround in rental income relative to capital values.

    Income & Affordability Trends

    Household incomes in KT15 are strong, averaging £47,867 and placing the area in the upper fifth nationally. Purchase affordability has tightened: the price-to-income ratio now stands at 10.1x, up from 9.8x in 2016, indicating homes are now harder to reach relative to earnings. Rental affordability has improved, however: the rent-to-income ratio has fallen to 33.6% from 35.8% over the same period, making renting more manageable.

    Resident Demographic Profile

    The area skews towards families and established householders. Those aged 35–49 are notably overrepresented at 21.4% against the national average of 18.7%, while young adults aged 16–24 are significantly underrepresented at 8.7% compared to 11.0%. Owner-occupation is high: 36.1% own with a mortgage, well above the national 27.0%, and shared ownership is also elevated at 2.6%. The professional and managerial workforce is strong, and elementary occupations are less common than the national average.

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