House prices in Elmbridge have plummeted by an average of over £15,000 in the month of November, according to figures from the Land Registry.

Elmbridge is one of the most expensive area to buy a property in the UK despite this month's dip in prices.

The latest data from the government department reveals that in November 2023 average house prices in Elmbridge reached £695,414.

This was down from £710,659 in October, representing a 2.1 per cent decrease. In the last 12 months it has fallen by -3.9 per cent.

If you are interested in buying or renting a home, you can see the latest properties in and around Elmbridge here.

How much have house prices decreased in Elmbridge?

Breaking it down for specific types of housing, all prices saw a decrease.

  • Detached houses - Down to £1,481,585 from £1,536,622 in October
  • Semi-detached houses - Down to £715,803 from £729,765 in October
  • Terraced houses - Down to £553,445 from £563,628 in October
  • Flats - Down to £355,669 from £358,278 in October

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How do Elmbridge house prices compare to the UK average?

Despite the fall in prices this month, Elmbridge is still far above the UK average with a typical property value in the nations reaching £284,950 in November.

In cash terms, the average house price in November was £-6,142 lower than a year earlier with house price growth decelerating to -2.1 per cent in November 2023. Prices were down by -0.8 per cent month on month.

How much could your house be worth?

We have created this map for the South East so you can see the average house price in each neighbourhood since 1995.

Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.

The above map can demonstrate which areas of Elmbridge are the most expensive for average house prices.