Cranleigh House Prices Cranleigh House Prices

The average house price in Cranleigh is £470,000 using HM Land Registry data.

The average property price increased by £92,097 (16.74%) over the last 5 years and increased by £18,407 (2.95%) over the last 12 months.

Over the last year, there were 121 residential property sales – a decrease of 147 transactions (-121.49%) relative to the previous year. The majority of house sales (31) were in the £552,000 - £718,000 range. Then came properties in the £386,000 - £552,000 range, where 30 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-18,996 (-2%).

In April 2024, there were 34 new estate agency instructions, 15 agreed home sales and 15 property price reductions.

5-Year Average Property Prices in Cranleigh

16.74%

Property prices in Cranleigh increased by 16.74% 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 Cranleigh Over the Last Year

2.95%

Property prices in Cranleigh increased by 2.95% 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.

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).

Property Market Heat Gauge for Cranleigh - April 2024

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Cranleigh

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 Cranleigh

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 Cranleigh

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 Cranleigh since 1995

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

Recent Property Sales in Cranleigh

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Maple Leaf Cottage, The Common, Cranleigh, Surrey, GU6 8SL£440,000£400,000-£40,00025 Oct 202312 Mar 2024139 Days
2 Drakes Close, Cranleigh, Surrey, GU6 7AF£695,000£655,000-£40,00001 Sep 202301 Mar 2024182 Days
1 Mead Road, Cranleigh, Surrey, GU6 7BG£750,000£705,000-£45,00003 Sep 202304 Jan 2024123 Days
12 Overford Close, Cranleigh, Surrey, GU6 8BL£700,000£670,000-£30,00021 Jul 202312 Dec 2023144 Days
33 The Drive, Cranleigh, Surrey, GU6 7LZ£465,000£450,000-£15,00006 Sep 202330 Nov 202385 Days
25 Roberts Way, Cranleigh, Surrey, GU6 7FN£241,500£127,750-£113,75014 Sep 202231 Oct 2023412 Days
11 Sylvaways Close, Cranleigh, Surrey, GU6 7HG£675,000£650,000-£25,00024 Apr 202327 Oct 2023186 Days
18 Orchard Gardens, Cranleigh, Surrey, GU6 7LG£635,000£615,000-£20,00018 Oct 202324 Oct 20236 Days
108 Cranleigh Mead, Cranleigh, Surrey, GU6 7JX£450,000£450,000£0011 Jul 202324 Oct 2023105 Days
Glendoone, The Common, Cranleigh, Surrey, GU6 8NS£670,000£663,160-£6,84026 Jun 202318 Oct 2023114 Days
Field End, Bookhurst Road, Cranleigh, Surrey, GU6 7DN£750,000£750,000£0026 Jun 202318 Oct 2023114 Days
Rose Mullion, Grove Road, Cranleigh, Surrey, GU6 7LH£900,000£860,000-£40,00003 Jul 202316 Oct 2023105 Days
2 Mead Close, Cranleigh, Surrey, GU6 7BH£900,000£900,000£0031 May 202329 Sep 2023121 Days
4 Redcroft Walk, Cranleigh, Surrey, GU6 8DS£799,950£745,000-£54,95014 Apr 202322 Sep 2023161 Days
7 Heron Shaw, Cranleigh, Surrey, GU6 8BT£650,000£640,000-£10,00016 Mar 202322 Sep 2023190 Days
Applegarth, Grove Road, Cranleigh, Surrey, GU6 7LH£1,000,000£965,000-£35,00010 Feb 202320 Sep 2023222 Days
Kastanien, Summerlands, Cranleigh, Surrey, GU6 7BL£485,000£480,000-£5,00016 May 202307 Sep 2023114 Days
Myna, Bookhurst Road, Cranleigh, Surrey, GU6 7DW£725,000£695,000-£30,00011 May 202330 Aug 2023111 Days
15 Fortune Drive, Cranleigh, Surrey, GU6 8DH£600,000£600,000£0030 May 202323 Aug 202385 Days
28 Hitherwood, Cranleigh, Surrey, GU6 8BW£575,000£575,000£0023 May 202323 Aug 202392 Days

Most Expensive Streets in Cranleigh

PostcodeStreetAreaAverageNo. of Sales
GU6 8EJHorsham RoadCranleigh£1,609,6663
GU6 7GEBracken LaneCranleigh£1,536,6663
GU6 8NSThe CommonCranleigh£1,456,7766
GU6 7DHAmlets LaneCranleigh£1,450,0003
GU6 7GBFern MeadCranleigh£1,435,0147
GU6 7LLAvenue RoadCranleigh£1,236,8758
GU6 7HJNew Park RoadCranleigh£1,226,00010
GU6 8GHLeith WayCranleigh£1,198,50010
GU6 7HHBridge RoadCranleigh£1,146,9287
GU6 8DYHorsham RoadCranleigh£1,129,10010

Least Expensive Streets in Cranleigh

PostcodeStreetAreaAverageNo. of Sales
GU6 8FESarus PlaceCranleigh£173,0003
GU6 7FNRoberts WayCranleigh£178,5505
GU6 7DYKillicksCranleigh£189,0005
GU6 8UGElm ParkCranleigh£198,6505
GU6 7EQHailey PlaceCranleigh£211,91117
GU6 7EGHailey PlaceCranleigh£220,10010
GU6 8UJWestdene MeadowsCranleigh£223,4166
GU6 8RAJohn Wiskar DriveCranleigh£237,1568
GU6 7AXWyphurst RoadCranleigh£253,3333
GU6 8SUPavilion CourtEast View Lane£278,3333

Explore Cranleigh and Neighbouring Area House Prices