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Godalming House Prices Godalming House Prices

The average house price in Godalming is £484,500 using HM Land Registry data.

The average property price increased by £159,074 (35.57%) over the last 5 years and increased by £31,793 (5.53%) over the last 12 months.

Over the last year, there were 153 residential property sales – a decrease of 114 transactions (-74.51%) relative to the previous year. The majority of house sales (42) were in the £410,000 - £560,000 range. Then came properties in the £560,000 - £710,000 range, where 36 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 93 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,914 (-2%).

In April 2024, there were 34 new estate agency instructions, 19 agreed home sales and 16 property price reductions.

Neighbouring Areas: Farncombe, Bramley and Wonersh, Milford and Witley

Postcodes Covered: GU5, GU7

5-Year Average Property Prices in Godalming

35.57%

Property prices in Godalming increased by 35.57% 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 Godalming Over the Last Year

5.53%

Property prices in Godalming increased by 5.53% 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 Godalming - 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 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 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 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 Godalming since 1995

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

Recent Property Sales in Godalming

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
36 Eashing Lane, Godalming, Surrey, GU7 2JZ£415,000£415,000£0029 Aug 202312 Jan 2024136 Days
Patchings, The Drive, Godalming, Surrey, GU7 1PD£1,100,000£1,002,500-£97,50020 May 202315 Dec 2023209 Days
45 High Ridge, Godalming, Surrey, GU7 1YF£470,000£440,000-£30,00024 Aug 202301 Dec 202399 Days
68 Croft Road, Godalming, Surrey, GU7 1DD£799,950£793,500-£6,45022 Jun 202330 Oct 2023130 Days
34 Grove Road, Godalming, Surrey, GU7 1RE£1,150,000£1,111,000-£39,00013 Mar 202327 Sep 2023198 Days
Greta Bank, Tuesley Lane, Godalming, Surrey, GU7 1SE£650,000£615,000-£35,00030 Jun 202318 Sep 202380 Days
21 Brighton Road, Godalming, Surrey, GU7 1NT£405,000£402,000-£3,00015 Jun 202315 Sep 202392 Days
32 Eashing Lane, Godalming, Surrey, GU7 2JZ£489,950£489,950£0006 Jun 202313 Sep 202399 Days
25 Latimer Road, Godalming, Surrey, GU7 1BW£500,000£495,000-£5,00009 Feb 202304 Sep 2023207 Days
1 Eashing Lane, Godalming, Surrey, GU7 2JZ£570,000£560,000-£10,00029 Mar 202318 Aug 2023142 Days
8 Town End Close, Godalming, Surrey, GU7 1DG£535,000£530,000-£5,00015 Mar 202318 Aug 2023156 Days
24 Cliffe Road, Godalming, Surrey, GU7 2JX£550,000£550,000£0023 Dec 202211 Aug 2023231 Days
77 Pullman Lane, Godalming, Surrey, GU7 1YB£750,000£735,000-£15,00029 Apr 202308 Aug 2023101 Days
23 The Horseshoe, Godalming, Surrey, GU7 2LW£385,000£383,000-£2,00002 Feb 202311 Jul 2023159 Days
Littleworth, Tuesley Lane, Godalming, Surrey, GU7 1SJ£1,650,000£1,650,000£0003 Mar 202306 Jul 2023125 Days
6 Ockford Ridge, Godalming, Surrey, GU7 2NP£425,000£415,000-£10,00010 Mar 202330 Jun 2023112 Days
62 South Hill, Godalming, Surrey, GU7 1JU£535,000£512,500-£22,50025 Dec 202230 Jun 2023187 Days
45 Catteshall Lane, Godalming, Surrey, GU7 1JS£420,000£405,000-£15,00009 Feb 202330 Jun 2023141 Days
104 Busbridge Lane, Godalming, Surrey, GU7 1QH£875,000£875,000£0015 Feb 202316 Jun 2023121 Days
23 Cliffe Road, Godalming, Surrey, GU7 2JX£495,000£462,500-£32,50026 Sep 202216 Jun 2023263 Days

Most Expensive Streets in Godalming

PostcodeStreetAreaAverageNo. of Sales
GU5 0BXSnowdenham Links RoadBramley£1,931,6663
GU5 0BZPrimrose WayBramley£1,811,6663
GU7 1NZGrosvenor RoadGodalming£1,403,3333
GU5 0DBSnowdenham LaneBramley£1,333,1119
GU7 1XDThe PaddockGodalming£1,225,1207
GU7 1SQPark RoadGodalming£1,127,0003
GU7 1QQBusbridge LaneGodalming£1,126,2005
GU7 1PBCrownpits LaneGodalming£1,044,6663
GU7 1SJTuesley LaneGodalming£1,040,9958
GU7 1SBTuesley LaneGodalming£963,7504

Least Expensive Streets in Godalming

PostcodeStreetAreaAverageNo. of Sales
GU7 1BJStuart CourtTown End Street, Godalming£129,9378
GU7 1HYBridge StreetGodalming£218,8333
GU7 1AFHigh StreetGodalming£227,3333
GU7 1XEWeybrook HouseWeyside Park£233,91618
GU7 1JDSalisbury HouseWeyside Park£236,78514
GU7 1ASHarts YardGodalming£238,3333
GU7 1NDWey RoadGodalming£246,2506
GU7 1BSCroft RoadGodalming£249,5644
GU7 1AQTudor LodgeHigh Street, Godalming£256,8333
GU7 1DEWeirview PlaceWeyside Park£263,13316

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