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Farncombe House Prices Farncombe House Prices

The average house price in Farncombe is £525,166 using HM Land Registry data.

The average property price increased by £138,392 (31.2%) over the last 5 years and increased by £27,659 (4.99%) over the last 12 months.

Over the last year, there were 156 residential property sales – a decrease of 81 transactions (-51.92%) relative to the previous year. The majority of house sales (48) were in the £382,000 - £524,000 range. Then came properties in the £240,000 - £382,000 range, where 27 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 123 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,722 (-2%).

In April 2024, there were 36 new estate agency instructions, 26 agreed home sales and 12 property price reductions.

Neighbouring Areas: Godalming

Postcodes Covered: GU7

5-Year Average Property Prices in Farncombe

31.2%

Property prices in Farncombe increased by 31.2% 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 Farncombe Over the Last Year

4.99%

Property prices in Farncombe increased by 4.99% 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 Farncombe - 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 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 Farncombe

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 Farncombe

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 Farncombe

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 Farncombe since 1995

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

Recent Property Sales in Farncombe

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Llanaway Close, Godalming, Surrey, GU7 3ED£580,000£565,000-£15,00002 Oct 202323 Jan 2024113 Days
52 George Road, Godalming, Surrey, GU7 3LU£625,000£600,000-£25,00004 Aug 202312 Dec 2023130 Days
3 Applegarth, Godalming, Surrey, GU7 2BU£1,375,000£1,350,000-£25,00024 Jul 202321 Nov 2023120 Days
Medora Cottage, Hurtmore Road, Hurtmore, Godalming, Surrey, GU7 2RL£1,000,000£1,000,000£0021 Jul 202320 Nov 2023122 Days
5 Sycamore Court, Godalming, Surrey, GU7 3TS£210,000£205,000-£5,00028 Sep 202215 Nov 2023413 Days
7 Twycross Road, Godalming, Surrey, GU7 2HH£850,000£850,000£0022 Aug 202309 Nov 202379 Days
1 Elm Road, Godalming, Surrey, GU7 3SW£550,000£525,000-£25,00023 May 202303 Nov 2023164 Days
2 Brookfield, Godalming, Surrey, GU7 3BN£500,000£490,000-£10,00012 Jul 202323 Oct 2023103 Days
73 Combe Road, Godalming, Surrey, GU7 3SL£500,000£450,000-£50,00003 May 202313 Oct 2023163 Days
Elm Tree House, Hurtmore Road, Hurtmore, Godalming, Surrey, GU7 2RA£3,000,000£3,000,000£0004 May 202329 Sep 2023148 Days
67 Summers Road, Godalming, Surrey, GU7 3BE£625,000£620,000-£5,00028 Jul 202329 Sep 202363 Days
22 Molyneux Road, Godalming, Surrey, GU7 3NJ£600,000£590,000-£10,00031 May 202329 Sep 2023121 Days
7 Furze Lane, Godalming, Surrey, GU7 3NW£550,000£550,000£0019 May 202329 Sep 2023133 Days
4 Upper Manor Road, Godalming, Surrey, GU7 2HY£399,950£399,950£0016 Aug 202329 Sep 202344 Days
1 Brookfield, Godalming, Surrey, GU7 3BN£495,000£480,000-£15,00008 Dec 202228 Sep 2023294 Days
39 Hare Lane, Godalming, Surrey, GU7 3EE£495,000£485,000-£10,00018 Apr 202327 Sep 2023162 Days
17 Nightingale Road, Godalming, Surrey, GU7 3AG£695,000£665,000-£30,00007 Jun 202308 Sep 202393 Days
64 Oak Mead, Godalming, Surrey, GU7 3RQ£490,000£490,000£0022 Feb 202321 Aug 2023180 Days
15 Cherry Tree Lane, Godalming, Surrey, GU7 3RR£380,000£361,500-£18,50022 Mar 202321 Aug 2023152 Days
19 Redwing Avenue, Godalming, Surrey, GU7 3RP£270,000£260,000-£10,00021 Apr 202321 Aug 2023122 Days

Most Expensive Streets in Farncombe

PostcodeStreetAreaAverageNo. of Sales
GU7 2RJPriors Hatch LaneHurtmore£2,834,4713
GU7 2BDMark WayGodalming£1,747,9794
GU7 2RQPriorsfield RoadHurtmore£1,688,3333
GU7 2BEMark WayGodalming£1,295,3005
GU7 2RGPriorsfield RoadHurtmore£1,185,6666
GU7 2EPKnoll RoadGodalming£1,116,0005
GU7 2RTHurtmore ChaseGodalming£1,113,0005
GU7 2BTWoodmancourtGodalming£989,45010
GU7 3DXWolseley RoadGodalming£929,9245
GU7 2QSMarkenhornGodalming£926,8333

Least Expensive Streets in Farncombe

PostcodeStreetAreaAverageNo. of Sales
GU7 3EYKings GateGodalming£129,2504
GU7 3HGMeadrow CourtMeadrow£198,3336
GU7 3AWAllingham CourtGodalming£202,51330
GU7 3HSMeadrowGodalming£228,5006
GU7 3HUSurrey CloistersFarncombe£235,3333
GU7 2PXBadgers HollowGodalming£235,6666
GU7 2BXChapel FieldsGodalming£237,2504
GU7 2BSChapel FieldsGodalming£243,2508
GU7 2QTHolm CourtTwycross Road£257,0004
GU7 3QZElizabeth CourtGodalming£258,1938

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