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According to the public record, 16, Cressal Mead, Leatherhead is a mid-century leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Cressal Mead, Leatherhead is £258,968 and the estimated rental value is £1,323 per month.
Cressal Mead, Leatherhead, KT22 is located in the borough of Mole Valley within the KT22 postal district.
16, Cressal Mead, Leatherhead has 3 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Cressal Mead, Leatherhead is in very good condition we estimate a sale value of £271,917 and a rental value of £1,389 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,840 and a rental value of £1,230 per month.
Over the last 12 months the sale value of 16 Cressal Mead Leatherhead has decreased by an estimated £260 (0.1%) and its rental value has increased by an estimated £65 per month (4.9%), giving an expected gross yield of 6.1%.
16, Cressal Mead, Leatherhead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Mar 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 16, Cressal Mead, Leatherhead was last sold on 19th July 2024 for £268,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2024, the market for similar properties has risen 8.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Cressal Mead, Leatherhead within a radius of 680 metres over the last 2 years.
The most recent example is 29, Levett Road, Leatherhead, KT22 7EG, a leasehold flat which sold for £254,950 on the 28th September 2023.
Read more about house prices in KT22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cressal Mead, Leatherhead, KT22 has a total of 36 addresses. According to our analysis of all the public data, 16, Cressal Mead, Leatherhead is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £476k less expensive than the average property in KT22.
The nearest school is Leatherhead Trinity School and Nursery which is 286 metres away. The nearest train station is Leatherhead which is 700 metres away.
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