Merry Thought, Leatherhead
Merry Thought, Leatherhead
Description & Estimates
Merry Thought, Leatherhead appears in the public record as a freehold house sitting on a 753 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,784 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of Merry Thought, Leatherhead is £851,893 and its rental estimate is £3,300 per month, given the available information and assuming reasonable condition.
Dirtham Lane, Effingham, Leatherhead, KT24 falls within the KT24 postal district, in the borough of Guildford.
Our Data Sources
Merry Thought, Leatherhead has 21 entries in the Land Registry , most recently in April 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 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 Merry Thought, Leatherhead, we estimate a market value of £894,487 and a rental value of £3,465 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £792,260 and £3,069 per month respectively.
Recent Market Change
Over the last year, Merry Thought, Leatherhead has seen its estimated sale value move down by £12,401 (1.5%) and its estimated rental value increase by £125 per month (3.8%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for Merry Thought, Leatherhead as measuring 753 m2.
That makes it the 9th largest plot in the postcode, where 20 of the 21 other houses have recorded plot data.
Sold Prices
The most recent sale of Merry Thought, Leatherhead completed on 25th April 2007 at £495,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 87.3% over the period since April 2007.
- Sold Apr 2007£495,000
- Sold Sep 2002£335,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Merry Thought, Leatherhead have sold within a radius of 2.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th March 2025, was 8, Holmwood Close, Leatherhead, KT24 6SS, a freehold house which sold for £1,100,000.
Read more about house prices in KT24.
- Sold Mar 2025£1,100,000 | 4 Bed House8, Holmwood Close, Leatherhead, KT24 6SS8, Holmwood Close, Leatherhead, KT24 6SS
- Sold Jun 2021£702,000 | 4 Bed HouseCresthill, Dirtham Lane, Leatherhead, KT24 5SDCresthill, Dirtham Lane, Leatherhead, KT24 5SD
- Sold Mar 2015£700,000 | 4 Bed HouseCatbells, Orestan Lane, Leatherhead, KT24 5SNCatbells, Orestan Lane, Leatherhead, KT24 5SN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 22 addresses on Dirtham Lane, Effingham, Leatherhead, KT24, Merry Thought, Leatherhead comes out as the 6th largest and the 7th most expensive in our analysis of the public data.
It is also £171k less expensive than the average property across the KT24 district.
More reading links
Schools Nearby
- 1.6kmSt Lawrence Primary School
- 3.0kmThe Raleigh School
- 3.3kmGreat Bookham School
- 1.8kmHoward of Effingham School
- 6.5kmThe Priory Church of England School
- 6.6kmThe Ashcombe School
More reading links
Public Transport Nearby
From Merry Thought, Leatherhead, the nearest station is Horsley, 2.3 kilometres away.
- 2.3kmHorsley
- 3.2kmEffingham Junction
- 3.6kmBookham
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.
