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House Prices in GU8

The average house price in GU8 (Godalming) is £885,000 using HM Land Registry data.

The average property price increased by £226,683 (5.08%) over the last 5 years and increased by £45,420 (0.89%) over the last 12 months.

Over the last year, there were 158 residential property sales – a decrease of 37 transactions (-23.42%) relative to the previous year. The majority of house sales (49) were in the £350,000 - £560,000 range. Then came properties in the £560,000 - £770,000 range, where 45 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 224 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-35,753 (-3%).

In February 2025, there were 46 new estate agency instructions, 23 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in GU8 (Godalming)

5.08%

Property prices in GU8 (Godalming) increased by 5.08% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in GU8 (Godalming) Over the Last Year

0.89%

Property prices in GU8 (Godalming) increased by 0.89% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for GU8 (Godalming) - February 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in GU8 (Godalming)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in GU8 (Godalming)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in GU8 (Godalming)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the GU8 (Godalming) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the GU8 postcode area since 1995.

Recent Sales in GU8 (Godalming)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Heather Farm, Thursley Road, Elstead, Godalming, Surrey, GU8 6LW	£3,250,000	£2,775,000	-£475,000	22 May 2023	06 Jan 2025	595 Days
2 Merryacres, Witley, Godalming, Surrey, GU8 5RG	£400,000	£400,000	£0	05 Sep 2024	17 Dec 2024	103 Days
The Old Forge, The Green, Elstead, Godalming, Surrey, GU8 6DD	£400,000	£400,000	£0	22 Aug 2024	13 Dec 2024	113 Days
77 Milford Lodge, Milford, Godalming, Surrey, GU8 5JF	£500,000	£495,000	-£5,000	05 Apr 2024	10 Dec 2024	249 Days
Low Barbary, Amberley Lane, Milford, Godalming, Surrey, GU8 5EB	£645,000	£625,000	-£20,000	07 Aug 2024	29 Nov 2024	114 Days
Leybrook, Thursley Road, Elstead, Godalming, Surrey, GU8 6DW	£825,000	£820,000	-£5,000	25 Nov 2024	29 Nov 2024	4 Days
15 Staceys Meadow, Elstead, Godalming, Surrey, GU8 6BX	£450,000	£440,000	-£10,000	29 Jul 2024	29 Nov 2024	123 Days
Oakbank, Roke Lane, Witley, Godalming, Surrey, GU8 5NS	£880,000	£840,000	-£40,000	22 Feb 2024	29 Nov 2024	281 Days
Nuthouse, Bowlhead Green Road, Brook, Godalming, Surrey, GU8 5UW	£550,000	£510,000	-£40,000	16 Jul 2024	18 Nov 2024	125 Days
1 River House Cottages, Elstead, Godalming, Surrey, GU8 6DA	£975,000	£950,000	-£25,000	10 Sep 2024	15 Nov 2024	66 Days
Brackenwood, Brook Road, Wormley, Godalming, Surrey, GU8 5UA	£1,600,000	£1,565,000	-£35,000	22 May 2024	23 Oct 2024	154 Days
7 Chichester Close, Witley, Godalming, Surrey, GU8 5PA	£700,000	£665,000	-£35,000	18 Mar 2024	18 Oct 2024	214 Days
10 Hambledon Park, Hambledon, Godalming, Surrey, GU8 4ER	£2,500,000	£2,500,000	£0	20 Mar 2024	10 Oct 2024	204 Days
12 Crofts Close, Chiddingfold, Godalming, Surrey, GU8 4SG	£750,000	£740,000	-£10,000	22 Mar 2024	09 Oct 2024	201 Days
Hope Cottage, Lane End, Hambledon, Godalming, Surrey, GU8 4HD	£1,125,000	£1,055,000	-£70,000	14 May 2024	30 Sep 2024	139 Days
8 Binhams Meadow, Dunsfold, Godalming, Surrey, GU8 4LF	£625,000	£625,000	£0	31 May 2024	27 Sep 2024	119 Days
Yew House, Hascombe Road, Godalming, Surrey, GU8 4AA	£2,000,000	£1,925,000	-£75,000	21 May 2024	20 Sep 2024	122 Days
Derwent, Milford Road, Elstead, Godalming, Surrey, GU8 6HR	£740,000	£710,000	-£30,000	04 Mar 2024	18 Sep 2024	198 Days
1 Meadow Close, Milford, Godalming, Surrey, GU8 5HN	£575,000	£575,000	£0	23 Feb 2024	28 Aug 2024	187 Days
Rose Cottage, Sebastopol Lane, Wormley, Godalming, Surrey, GU8 5UU	£875,000	£825,000	-£50,000	15 Jan 2024	14 Aug 2024	212 Days

Most Expensive Streets in GU8 (Godalming)

Postcode	Street	Area	Average	No. of Sales
GU8 5UB	Bannacle Hill Road, Wormley	Godalming	£3,181,666	3
GU8 4AE	Hascombe Road	Godalming	£2,825,000	4
GU8 4SJ	Mill Lane, Chiddingfold	Godalming	£2,311,666	3
GU8 4XP	Prestwick Lane, Chiddingfold	Godalming	£2,011,666	3
GU8 6NW	Bowlhead Green	Godalming	£1,882,500	4
GU8 5UR	Brook Road, Wormley	Godalming	£1,715,000	4
GU8 5AG	Water Lane, Enton	Godalming	£1,616,666	3
GU8 5TE	Combe Lane, Wormley	Godalming	£1,585,666	3
GU8 6BH	Lombard Street, Shackleford	Godalming	£1,569,376	4
GU8 6LW	Thursley Road, Elstead	Godalming	£1,529,333	3

Least Expensive Streets in GU8 (Godalming)

Postcode	Street	Area	Average	No. of Sales
GU8 5DQ	Ladycross, Milford	Godalming	£204,000	4
GU8 5AZ	Highcroft, Milford	Godalming	£241,000	6
GU8 6QD	Thorfield, Dye House Road	Godalming	£242,500	3
GU8 5DL	Woodpeckers, Milford	Godalming	£292,800	5
GU8 6HN	Milford Road, Elstead	Godalming	£321,000	3
GU8 6HL	Milford Road, Elstead	Godalming	£322,875	4
GU8 5DW	Badgers Cross, Milford	Godalming	£333,363	11
GU8 5NR	Willow Mead, Witley	Godalming	£347,880	5
GU8 5EG	Elmside, Milford	Godalming	£354,600	5
GU8 5HJ	Milford House, Portsmouth Road	Godalming	£355,875	10