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Farnham House Prices Farnham House Prices

The average house price in Farnham is £591,875 using HM Land Registry data.

The average property price increased by £183,082 (32.11%) over the last 5 years and increased by £36,591 (5.11%) over the last 12 months.

Over the last year, there were 239 residential property sales – a decrease of 76 transactions (-31.80%) relative to the previous year. The majority of house sales (77) were in the £280,000 - £500,000 range. Then came properties in the £500,000 - £720,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 80 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-25,391 (-3%).

In April 2024, there were 48 new estate agency instructions, 30 agreed home sales and 23 property price reductions.

Neighbouring Areas: Weybourne, Wrecclesham

Postcodes Covered: GU10, GU9

5-Year Average Property Prices in Farnham

32.11%

Property prices in Farnham increased by 32.11% 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 Farnham Over the Last Year

5.11%

Property prices in Farnham increased by 5.11% 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 Farnham - 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 Farnham

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 Farnham

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 Farnham

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 Farnham since 1995

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

Recent Property Sales in Farnham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Cobbetts Mews, Farnham, Surrey, GU9 7DL£499,950£490,000-£9,95001 Dec 202314 Mar 2024104 Days
Flat 31, Mountbatten Lodge, The Hart, Farnham, Surrey, GU9 7HZ£200,000£200,000£0020 Nov 202329 Feb 2024101 Days
19 Byworth Road, Farnham, Surrey, GU9 7BT£565,000£555,000-£10,00012 Jan 202402 Feb 202421 Days
Flat 7, Mountbatten Lodge, The Hart, Farnham, Surrey, GU9 7HZ£175,000£175,000£0030 Jun 202331 Jan 2024215 Days
29 High Park Road, Farnham, Surrey, GU9 7JJ£1,080,000£1,020,000-£60,00006 Jul 202331 Jan 2024209 Days
Flat 9, Providence Place, Abbey Street, Farnham, Surrey, GU9 7RQ£125,000£110,000-£15,00023 Jan 202331 Jan 2024373 Days
8 Old Frensham Road, Lower Bourne, Farnham, Surrey, GU10 3PU£1,295,000£1,075,000-£220,00028 Sep 202330 Jan 2024124 Days
14 Penfold Croft, Farnham, Surrey, GU9 9JD£375,000£365,000-£10,00016 Nov 202319 Jan 202464 Days
5 Arthur Close, Farnham, Surrey, GU9 8PE£375,000£360,000-£15,00027 Jun 202308 Jan 2024195 Days
115 Roman Way, Farnham, Surrey, GU9 9RQ£200,000£195,000-£5,00014 Jul 202321 Dec 2023160 Days
39 Park Road, Farnham, Surrey, GU9 9QN£435,000£425,000-£10,00025 Sep 202320 Dec 202386 Days
14 Brambleton Avenue, Farnham, Surrey, GU9 8QU£950,000£920,000-£30,00007 Sep 202319 Dec 2023103 Days
22 Red Lion Lane, Farnham, Surrey, GU9 7QN£400,000£380,000-£20,00029 Sep 202315 Dec 202377 Days
37 Park Road, Farnham, Surrey, GU9 9QN£425,000£400,000-£25,00022 Jul 202314 Dec 2023145 Days
49 Green Lane, Farnham, Surrey, GU9 8QE£725,000£720,000-£5,00002 Sep 202307 Dec 202396 Days
67 Broomleaf Road, Farnham, Surrey, GU9 8DQ£1,250,000£1,055,000-£195,00005 Sep 202307 Dec 202393 Days
19 Middle Bourne Lane, Lower Bourne, Farnham, Surrey, GU10 3NE£675,000£655,000-£20,00012 May 202304 Dec 2023206 Days
7 Eldon Drive, Lower Bourne, Farnham, Surrey, GU10 3JE£1,050,000£996,000-£54,00010 May 202330 Nov 2023204 Days
Ramsbury, Old Compton Lane, Farnham, Surrey, GU9 8EG£1,375,000£1,254,899-£120,10116 Aug 202324 Nov 2023100 Days
35 Dene Lane, Lower Bourne, Farnham, Surrey, GU10 3RH£1,375,000£1,315,000-£60,00001 Jun 202324 Nov 2023176 Days

Most Expensive Streets in Farnham

PostcodeStreetAreaAverageNo. of Sales
GU9 8EHOld Compton LaneFarnham£2,376,6663
GU10 3HGGong Hill DriveLower Bourne£2,178,3333
GU9 8JRLittle Austins RoadFarnham£1,981,0005
GU10 3JHGold HillLower Bourne£1,962,5004
GU10 3HFClumps RoadLower Bourne£1,700,0003
GU9 0AHOld Park LaneFarnham£1,555,0004
GU9 8BHWaverley LaneFarnham£1,544,0005
GU10 3HQGong Hill DriveLower Bourne£1,541,6663
GU9 8HPLeigh LaneFarnham£1,521,2504
GU9 8BSOld Compton LaneFarnham£1,517,5004

Least Expensive Streets in Farnham

PostcodeStreetAreaAverageNo. of Sales
GU9 7RUHome Park HouseSouth Street, Farnham£148,75018
GU9 7RQProvidence PlaceAbbey Street, Farnham£177,9449
GU9 9FHAnstey RoadFarnham£178,4217
GU9 8ABFarnhamSurrey£208,8005
GU9 8UTThe BuntingsFarnham£215,8336
GU9 9QDDollis DriveFarnham£221,6663
GU9 8QRForburysWeydon Lane£232,0003
GU9 8TDThurbans RoadFarnham£232,3769
GU9 7AHThe ChantrysFarnham£234,8756
GU9 9PPMillgate CourtFarnham£239,2504

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