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Woking House Prices Woking House Prices

The average house price in Woking is £439,184 using HM Land Registry data.

The average property price increased by £105,089 (23.77%) over the last 5 years and increased by £21,003 (3.99%) over the last 12 months.

Over the last year, there were 775 residential property sales – a decrease of 442 transactions (-57.03%) relative to the previous year. The majority of house sales (214) were in the £220,000 - £366,000 range. Then came properties in the £366,000 - £512,000 range, where 208 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 89 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-26,657 (-3%).

In April 2024, there were 183 new estate agency instructions, 142 agreed home sales and 110 property price reductions.

Neighbouring Areas: New Haw, West Byfleet and Sheerwater

Postcodes Covered: GU21, GU22, GU23, GU24, GU3

5-Year Average Property Prices in Woking

23.77%

Property prices in Woking increased by 23.77% 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 Woking Over the Last Year

3.99%

Property prices in Woking increased by 3.99% 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 Woking - 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 Woking

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 Woking

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 Woking

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 Woking since 1995

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

Recent Property Sales in Woking

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
63 Inkerman Road, Knaphill, Woking, Surrey, GU21 2BQ£400,000£380,000-£20,00014 Aug 202329 Feb 2024199 Days
76 Coresbrook Way, Knaphill, Woking, Surrey, GU21 2TP£425,000£425,000£0022 Nov 202327 Feb 202497 Days
11 Nursery Road, Knaphill, Woking, Surrey, GU21 2NN£415,000£400,000-£15,00015 Jun 202314 Feb 2024244 Days
23 Fairmead, Woking, Surrey, GU21 3JA£279,500£276,000-£3,50009 Sep 202309 Feb 2024153 Days
11 Capstans Wharf, Woking, Surrey, GU21 8PU£275,000£268,000-£7,00018 Sep 202301 Feb 2024136 Days
3 Birdswood Drive, Woking, Surrey, GU21 8UG£600,000£600,000£0017 Aug 202329 Jan 2024165 Days
Fillebrook, Well Lane, Woking, Surrey, GU21 4PL£750,000£725,000-£25,00019 Sep 202325 Jan 2024128 Days
71 Southwood Avenue, Knaphill, Woking, Surrey, GU21 2EZ£375,000£370,000-£5,00002 Oct 202319 Jan 2024109 Days
Oakbanks, Pond Road, Woking, Surrey, GU22 0JZ£1,550,000£1,487,500-£62,50014 Sep 202315 Jan 2024123 Days
4 Sussex Place, Knaphill, Woking, Surrey, GU21 2RD£270,000£260,000-£10,00023 Aug 202312 Jan 2024142 Days
14 Well Close, Woking, Surrey, GU21 4PT£480,000£460,000-£20,00019 Sep 202310 Jan 2024113 Days
13 Wyndham Road, Woking, Surrey, GU21 3DS£600,000£591,500-£8,50022 Sep 202310 Jan 2024110 Days
2 Hillview Court, Woking, Surrey, GU22 7QN£295,000£292,500-£2,50004 Aug 202302 Jan 2024151 Days
49 Oak Tree Road, Knaphill, Woking, Surrey, GU21 2RW£497,000£485,000-£12,00014 Sep 202320 Dec 202397 Days
2 Perleybrooke Lane, Woking, Surrey, GU21 3LE£275,000£270,000-£5,00025 Apr 202320 Dec 2023239 Days
4 Highclere Road, Knaphill, Woking, Surrey, GU21 2PN£375,000£352,500-£22,50010 Oct 202319 Dec 202370 Days
90 Bitterne Drive, Woking, Surrey, GU21 3JU£250,000£243,000-£7,00011 Sep 202319 Dec 202399 Days
Flat 46, Copper Beech House, Heathside Crescent, Woking, Surrey, GU22 7BB£350,000£350,000£0015 Sep 202319 Dec 202395 Days
16 Burnham Close, Knaphill, Woking, Surrey, GU21 2AF£430,000£425,000-£5,00009 Jun 202318 Dec 2023192 Days
4 Whopshott Avenue, Woking, Surrey, GU21 4UE£500,000£485,000-£15,00015 Sep 202315 Dec 202391 Days

Most Expensive Streets in Woking

PostcodeStreetAreaAverageNo. of Sales
GU22 7HLKnowl HillWoking£2,353,3333
GU22 0LEHook Heath RoadWoking£2,097,5004
GU21 4AYHorsell RiseWoking£1,860,0003
GU22 7HJHockering RoadWoking£1,853,7504
GU22 7HQDanes HillWoking£1,829,1663
GU22 0JSThe DriveWoking£1,736,0005
GU22 7DPPembroke RoadWoking£1,680,0003
GU22 0QEHook Heath RoadWoking£1,578,3333
GU21 4QRRidgewayHorsell£1,566,6663
GU22 0DRFernhill LaneWoking£1,541,6663

Least Expensive Streets in Woking

PostcodeStreetAreaAverageNo. of Sales
GU22 7XFHomebeech HouseMount Hermon Road£96,6254
GU22 7XGHomebeech HouseMount Hermon Road£101,6663
GU22 7XEHomeworthMount Hermon Road£103,8839
GU22 7RWPark Gate CourtWoking£116,7147
GU21 3NPHalleys CourtWoking£128,6005
GU22 7DFTintagel WayWoking£158,5006
GU22 7XPYork RoadWoking£158,86819
GU21 3LRTrenanceWoking£170,2504
GU21 5DQEastbrook CloseWoking£170,6663
GU21 2QPHighclere CourtKnaphill£175,0004

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