24, Ray Road
24, Ray Road
Description & Estimates
24, Ray Road, West Molesey is described in the public record as a modern apartment with 753 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 24, Ray Road, West Molesey is £304,685 and its rental estimate is £1,492 per month, given the available information and assuming reasonable condition.
Ray Road, West Molesey, KT8 falls within the KT8 postal district, in the borough of Elmbridge.
Our Data Sources
24, Ray Road, West Molesey has no records in the the Land Registry and a single entry in the EPC database dated October 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 24, Ray Road, West Molesey, we estimate a market value of £319,919 and a rental value of £1,566 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £283,357 and £1,387 per month respectively.
Recent Market Change
Over the last year, 24, Ray Road, West Molesey has seen its estimated sale value drop by £4,642 (1.5%) and its estimated rental value rise by £49 per month (3.3%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
24, Ray Road, West Molesey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Ray Road, West Molesey have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th September 2022, was 28, Chandlers Close, West Molesey, KT8 2PA, a leasehold flat which sold for £290,000.
Read more about house prices in KT8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 59 addresses on Ray Road, West Molesey, KT8, 24, Ray Road, West Molesey comes out as the 36th largest and the 37th most expensive in our analysis of the public data.
It is also £356k less expensive than the average property across the KT8 district.
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Schools Nearby
- 200mChandlers Field Primary Academy
- 400mSt Alban's Catholic Primary School
- 1.0kmHurst Park Primary Academy
- 2.6kmEsher Church of England High School
- 2.8kmHeathside Walton-on-Thames
- 3.3kmHinchley Wood School
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Public Transport Nearby
From 24, Ray Road, West Molesey, the nearest station is Hampton Court, 1.8 kilometres away.
- 1.8kmHampton Court
- 2.0kmHampton (London)
- 2.2kmThames Ditton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
