Farnborough House Prices Farnborough House Prices

The average house price in Farnborough is £324,791 using HM Land Registry data.

The average property price increased by £91,065 (28.88%) over the last 5 years and increased by £18,200 (4.69%) over the last 12 months.

Over the last year, there were 519 residential property sales – a decrease of 427 transactions (-82.27%) relative to the previous year. The majority of house sales (117) were in the £358,000 - £432,000 range. Then came properties in the £284,000 - £358,000 range, where 108 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,676 (-2%).

In April 2024, there were 138 new estate agency instructions, 81 agreed home sales and 79 property price reductions.

5-Year Average Property Prices in Farnborough

28.88%

Property prices in Farnborough increased by 28.88% 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 Farnborough Over the Last Year

4.69%

Property prices in Farnborough increased by 4.69% 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 Farnborough - 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 Farnborough

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 Farnborough

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 Farnborough

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 Farnborough since 1995

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

Recent Property Sales in Farnborough

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
24 South Street, Farnborough, Hampshire, GU14 6LN£400,000£400,000£0016 Nov 202318 Mar 2024123 Days
231 Mayfield Road, Farnborough, Hampshire, GU14 8UB£215,000£209,500-£5,50002 Aug 202315 Mar 2024226 Days
14 Nash Close, Farnborough, Hampshire, GU14 0HL£375,000£330,000-£45,00018 Oct 202308 Mar 2024142 Days
137 Sycamore Road, Farnborough, Hampshire, GU14 6RE£575,000£550,000-£25,00018 Aug 202301 Mar 2024196 Days
2 Goodwood Place, Farnborough, Hampshire, GU14 7EA£425,000£420,000-£5,00010 Aug 202328 Feb 2024202 Days
4 Castle Close, Farnborough, Hampshire, GU14 6UA£600,000£590,000-£10,00011 Aug 202328 Feb 2024201 Days
136 Beta Road, Farnborough, Hampshire, GU14 8PH£250,000£76,600-£173,40020 Sep 202327 Feb 2024160 Days
11 Buckland Close, Farnborough, Hampshire, GU14 8DH£385,000£385,000£0021 Jun 202316 Feb 2024240 Days
77 Giffard Drive, Farnborough, Hampshire, GU14 8PZ£350,000£345,000-£5,00025 Sep 202308 Feb 2024136 Days
14 Brookhouse Road, Farnborough, Hampshire, GU14 0BS£180,000£177,000-£3,00017 Jul 202307 Feb 2024205 Days
10 Newfield Avenue, Farnborough, Hampshire, GU14 9PQ£500,000£470,000-£30,00031 Oct 202302 Feb 202494 Days
285 Fernhill Road, Farnborough, Hampshire, GU14 9EP£325,000£320,000-£5,00016 Oct 202302 Feb 2024109 Days
9 Roberts Way, Blackwater, Camberley, Hampshire, GU17 9GD£525,000£495,000-£30,00004 Aug 202323 Jan 2024172 Days
9 Sedgemoor, Farnborough, Hampshire, GU14 8JN£340,000£340,000£0027 Jun 202319 Jan 2024206 Days
5 Newfield Avenue, Farnborough, Hampshire, GU14 9PG£350,000£322,000-£28,00012 Sep 202316 Jan 2024126 Days
61 Shepherds Walk, Farnborough, Hampshire, GU14 9HA£350,000£337,500-£12,50027 Jul 202305 Jan 2024162 Days
26 Hornchurch Square, Farnborough, Hampshire, GU14 6FW£247,500£243,000-£4,50003 Nov 201720 Dec 20232238 Days
102 Cove Road, Farnborough, Hampshire, GU14 0EZ£290,000£285,000-£5,00005 Sep 202320 Dec 2023106 Days
23 Haskins Gardens, Farnborough, Hampshire, GU14 9FQ£230,000£225,000-£5,00001 Jul 202320 Dec 2023172 Days
66 Nightingale Close, Cove, Farnborough, Hampshire, GU14 9QH£220,000£215,000-£5,00023 Mar 202318 Dec 2023270 Days

Most Expensive Streets in Farnborough

PostcodeStreetAreaAverageNo. of Sales
GU14 7AYChurch AvenueFarnborough£1,059,0003
GU14 7EYWaverley RoadFarnborough£978,7504
GU14 7ABPirbright RoadFarnborough£871,6663
GU14 7APChurch AvenueFarnborough£796,6663
GU14 8PAPierrefondes AvenueFarnborough£737,0005
GU14 7BGAvenue RoadFarnborough£736,6663
GU14 7AXCedar RoadFarnborough£711,6663
GU14 6RQSycamore RoadFarnborough£710,8336
GU14 8LXEmpress AvenueFarnborough£701,0003
GU14 7HBAshley RoadFarnborough£675,0003

Least Expensive Streets in Farnborough

PostcodeStreetAreaAverageNo. of Sales
GU14 7GEAshton HousePond Road£84,0004
GU14 7NWMeadsview CourtClockhouse Road£102,1427
GU14 6PZFarley CourtFarnborough£111,91612
GU14 7HRBell CourtMerlin Road£120,2504
GU14 7NSVictoria RoadFarnborough£133,12512
GU14 7GPBuccaneer CourtKestrel Road£133,86513
GU14 6HDLynchford RoadFarnborough£139,4663
GU14 6BPAlexandra CourtAlexandra Road£140,4378
GU14 6FZBlanchard HouseKenley Place£143,8339
GU14 7PBVictoria RoadFarnborough£144,12512

Explore Farnborough and Neighbouring Area House Prices