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Lightwater House Prices Lightwater House Prices

The average house price in Lightwater is £821,400 using HM Land Registry data.

The average property price increased by £123,640 (28.14%) over the last 5 years and increased by £24,711 (4.59%) over the last 12 months.

Over the last year, there were 83 residential property sales – a decrease of 20 transactions (-24.10%) relative to the previous year. The majority of house sales (22) were in the £364,000 - £508,000 range. Then came properties in the £508,000 - £652,000 range, where 17 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-20,077 (-2%).

In April 2024, there were 14 new estate agency instructions, 18 agreed home sales and 10 property price reductions.

Neighbouring Areas: Bagshot, West End and Chobham

Postcodes Covered: GU18, GU19

5-Year Average Property Prices in Lightwater

28.14%

Property prices in Lightwater increased by 28.14% 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 Lightwater Over the Last Year

4.59%

Property prices in Lightwater increased by 4.59% 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 Lightwater - 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 Lightwater

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 Lightwater

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 Lightwater

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 Lightwater since 1995

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

Recent Property Sales in Lightwater

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
83 Grasmere Road, Lightwater, Surrey, GU18 5TL£600,000£570,000-£30,00026 Jun 202305 Jan 2024193 Days
1 The Orchard, Lightwater, Surrey, GU18 5YS£635,000£615,000-£20,00017 Jun 202319 Dec 2023185 Days
14 Curley Hill Road, Lightwater, Surrey, GU18 5YG£1,100,000£1,095,000-£5,00027 Jul 202307 Dec 2023133 Days
113 Ambleside Road, Lightwater, Surrey, GU18 5UJ£875,000£754,200-£120,80022 Aug 202306 Dec 2023106 Days
47 Ambleside Road, Lightwater, Surrey, GU18 5TA£775,000£749,300-£25,70017 Jun 202330 Nov 2023166 Days
89 Macdonald Road, Lightwater, Surrey, GU18 5XZ£700,000£700,000£0001 Aug 202317 Nov 2023108 Days
12 Grasmere Road, Lightwater, Surrey, GU18 5TG£500,000£500,000£0009 May 202310 Nov 2023185 Days
37 Riverside Avenue, Lightwater, Surrey, GU18 5RU£400,000£400,000£0011 Apr 202331 Oct 2023203 Days
73 Keswick Drive, Lightwater, Surrey, GU18 5XE£600,000£560,000-£40,00027 Jun 202331 Oct 2023126 Days
135 Macdonald Road, Lightwater, Surrey, GU18 5YB£1,500,000£1,500,000£0012 Jul 202327 Oct 2023107 Days
227 Guildford Road, Lightwater, Surrey, GU18 5RE£450,000£440,000-£10,00012 Jul 202320 Oct 2023100 Days
8 Ambleside Road, Lightwater, Surrey, GU18 5TA£795,000£700,000-£95,00030 May 202319 Oct 2023142 Days
6 Ling Drive, Lightwater, Surrey, GU18 5PA£925,000£897,500-£27,50011 May 202312 Oct 2023154 Days
38 Broom Field, Lightwater, Surrey, GU18 5QN£400,000£380,000-£20,00025 May 202329 Sep 2023127 Days
104 Macdonald Road, Lightwater, Surrey, GU18 5XZ£650,000£640,000-£10,00018 May 202318 Sep 2023123 Days
11 Alsford Close, Lightwater, Surrey, GU18 5LF£425,000£395,000-£30,00009 Mar 202308 Sep 2023183 Days
35 Curley Hill Road, Lightwater, Surrey, GU18 5YQ£700,000£690,000-£10,00020 Jun 202308 Sep 202380 Days
91 Broom Field, Lightwater, Surrey, GU18 5QW£410,000£410,000£0010 May 202331 Aug 2023113 Days
62 Mount Pleasant Close, Lightwater, Surrey, GU18 5TR£615,000£615,000£0019 Apr 202331 Aug 2023134 Days
78 Broom Field, Lightwater, Surrey, GU18 5QW£600,000£580,000-£20,00029 Mar 202330 Aug 2023154 Days

Most Expensive Streets in Lightwater

PostcodeStreetAreaAverageNo. of Sales
GU18 5SWHeronscourtLightwater£1,115,8333
GU18 5YHCurley Hill RoadLightwater£992,8758
GU18 5QQColville GardensLightwater£968,5003
GU18 5YBMacdonald RoadLightwater£925,7507
GU18 5YDCranwell GroveLightwater£903,3333
GU18 5ULAmbleside RoadLightwater£890,0004
GU18 5XROutfall CottagesLightwater£889,3754
GU19 5NTSouth Farm LaneBagshot£858,3333
GU18 5XSThe RidgewayLightwater£839,0005
GU18 5YGCurley Hill RoadLightwater£827,9166

Least Expensive Streets in Lightwater

PostcodeStreetAreaAverageNo. of Sales
GU18 5UEDenly WayLightwater£190,0004
GU18 5RYGuildford RoadLightwater£209,04112
GU18 5YTIvy DriveLightwater£236,17514
GU18 5YNBluebell RiseLightwater£243,7506
GU18 5SLBroadway RoadLightwater£248,4938
GU18 5ADJohn Norman GroveLightwater£268,6427
GU18 5XQLightwater RoadLightwater£270,3758
GU18 5YPBurdock CloseLightwater£291,0166
GU18 5RPGuildford RoadLightwater£291,50010
GU18 5YSThe OrchardLightwater£303,82317

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