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House Prices in GU8

The average house price in GU8 (Godalming) is £780,833 using HM Land Registry data.

The average property price increased by £239,647 (5.08%) over the last 5 years and increased by £48,018 (0.89%) over the last 12 months.

Over the last year, there were 161 residential property sales – a decrease of 24 transactions (-14.91%) relative to the previous year. The majority of house sales (49) were in the £340,000 - £556,000 range. Then came properties in the £556,000 - £772,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 113 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-31,869 (-3%).

In Oct 24, there were 39 new estate agency instructions, 28 agreed home sales and 13 property price reductions.

5-Year Average Property Prices in GU8 (Godalming)

5.08%

Property prices in Godalming increased by 5.08% 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 GU8 (Godalming) Over the Last Year

0.89%

Property prices in Godalming increased by 0.89% 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.

Property Market Heat Gauge for GU8 (Godalming) - Oct 24

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 GU8 (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 GU8 (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 GU8 (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 GU8 (Godalming) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the GU8 postcode area since 1995.

Recent Sales in GU8 (Godalming)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1 Meadow Close, Milford, Godalming, Surrey, GU8 5HN	£575,000	£575,000	£00	23 Feb 2024	28 Aug 2024	187 Days
Rose Cottage, Sebastopol Lane, Wormley, Godalming, Surrey, GU8 5UU	£875,000	£825,000	-£50,000	15 Jan 2024	14 Aug 2024	212 Days
Willow House, Combe Lane, Wormley, Godalming, Surrey, GU8 5TE	£2,000,000	£1,975,000	-£25,000	05 Mar 2024	31 Jul 2024	148 Days
20 Milford Lodge, Milford, Godalming, Surrey, GU8 5JG	£580,000	£555,000	-£25,000	08 Mar 2024	01 Jul 2024	115 Days
Lower Park, Station Lane, Milford, Godalming, Surrey, GU8 5HS	£1,750,000	£1,650,000	-£100,000	10 Oct 2023	21 Jun 2024	255 Days
Stonycroft, Brook Road, Wormley, Godalming, Surrey, GU8 5UA	£1,075,000	£1,050,000	-£25,000	12 Jan 2024	18 Jun 2024	158 Days
Apartment 6, Enton Hall, Enton Hall Lane, Enton, Godalming, Surrey, GU8 5AW	£1,225,000	£1,140,000	-£85,000	17 Jul 2023	04 Jun 2024	323 Days
25 West Hill, Elstead, Godalming, Surrey, GU8 6DQ	£525,000	£492,500	-£32,500	06 Sep 2023	30 Apr 2024	237 Days
Whinverne, Red House Lane, Elstead, Godalming, Surrey, GU8 6DR	£925,000	£895,000	-£30,000	16 Nov 2023	26 Apr 2024	162 Days
15 Oxted Green, Milford, Godalming, Surrey, GU8 5DD	£1,150,000	£1,010,000	-£140,000	19 May 2023	19 Apr 2024	336 Days
Wickets, The Green, Elstead, Godalming, Surrey, GU8 6DF	£550,000	£525,000	-£25,000	22 Nov 2023	25 Mar 2024	124 Days
Mill House Cottage, Petworth Road, Chiddingfold, Godalming, Surrey, GU8 4SL	£899,995	£850,000	-£49,995	04 Aug 2023	20 Mar 2024	229 Days
1 Red House Lane, Elstead, Godalming, Surrey, GU8 6DS	£550,000	£525,000	-£25,000	21 Jun 2023	14 Mar 2024	267 Days
Brooklyn, Haslemere Road, Brook, Godalming, Surrey, GU8 5LB	£1,125,000	£1,120,000	-£5,000	04 Oct 2023	08 Mar 2024	156 Days
1 Coppice Place, Wormley, Godalming, Surrey, GU8 5TY	£600,000	£570,000	-£30,000	16 Nov 2023	08 Mar 2024	113 Days
Cheyne Lodge, Brook Road, Wormley, Godalming, Surrey, GU8 5UA	£550,000	£540,000	-£10,000	23 May 2023	08 Mar 2024	290 Days
25 Busdens Lane, Milford, Godalming, Surrey, GU8 5JR	£350,000	£350,000	£00	17 Oct 2023	07 Mar 2024	142 Days
Stanhope, Woodside Road, Chiddingfold, Godalming, Surrey, GU8 4RJ	£625,000	£585,000	-£40,000	07 Jul 2023	22 Feb 2024	230 Days
School House, School Lane, Shackleford, Godalming, Surrey, GU8 6AZ	£1,325,000	£1,280,000	-£45,000	13 Oct 2023	02 Feb 2024	112 Days
Barn Cottage, Brook Road, Wormley, Godalming, Surrey, GU8 5UR	£1,500,000	£1,400,000	-£100,000	05 Sep 2023	26 Jan 2024	143 Days

Most Expensive Streets in GU8 (Godalming)

Postcode	Street	Area	Average	No. of Sales
GU8 5UB	Bannacle Hill Road, Wormley	Godalming	£3,181,666	3
GU8 4AE	Hascombe Road	Godalming	£2,825,000	4
GU8 4SJ	Mill Lane, Chiddingfold	Godalming	£2,358,750	4
GU8 4DD	The Hydons, Hydestile	Godalming	£2,117,500	3
GU8 4XP	Prestwick Lane, Chiddingfold	Godalming	£2,011,666	3
GU8 6NW	Bowlhead Green	Godalming	£1,882,500	4
GU8 5AG	Water Lane, Enton	Godalming	£1,616,666	3
GU8 5TE	Combe Lane, Wormley	Godalming	£1,585,666	3
GU8 6LW	Thursley Road, Elstead	Godalming	£1,529,333	3
GU8 6BG	Peper Harow House, Peper Harow Park	Godalming	£1,513,750	4

Least Expensive Streets in GU8 (Godalming)

Postcode	Street	Area	Average	No. of Sales
GU8 5JQ	Manor Green, Milford	Godalming	£203,066	3
GU8 5DQ	Ladycross, Milford	Godalming	£210,000	3
GU8 5AZ	Highcroft, Milford	Godalming	£242,500	7
GU8 6QD	Thorfield, Dye House Road	Godalming	£242,500	3
GU8 5DL	Woodpeckers, Milford	Godalming	£279,833	6
GU8 6HN	Milford Road, Elstead	Godalming	£321,000	3
GU8 6HL	Milford Road, Elstead	Godalming	£322,875	4
GU8 5DW	Badgers Cross, Milford	Godalming	£326,700	10
GU8 5DJ	Swallow Close, Milford	Godalming	£327,300	5
GU8 5US	Franklin Court, Wormley	Godalming	£342,406	19