House prices in Epsom and Ewell have plummeted by an average of over £13,000 in the month of January, according to figures from the Land Registry.
The latest data from the government department reveals that in January 2023 average house prices in Epsom and Ewell reached £542,199.
This was down from £555,600 in December, representing a 2.4 per cent decrease. In the last 12 months it has risen by 6.0 per cent.
If you are interested in buying or renting a home, you can see the latest properties in and around Epsom and Ewell here.
How much have house prices decreased in Epsom and Ewell?
Breaking it down for specific types of housing, all prices saw a decrease.
- Detached houses - Down to £982,831 from £1,007,795 in December
- Semi-detached houses - Down to £644,711 from £659,447 in December
- Terraced houses - Down to £478,627 from £491,024 in December
- Flats - Down to £314,370 from £322,494 in December
How do Epsom and Ewell house prices compare to the UK average?
Despite the fall in prices this month, Epsom and Ewell is still far above the UK average with a typical property value in the nations reaching £289,818 in January.
In cash terms, the average house price in January was £17,080 higher than a year earlier with house price growth accelerating to 6.3 per cent in January 2023. Prices were down by -1.1 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 Epsom and Ewell are the most expensive for average house prices.
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