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House Prices in RH5

The average house price in RH5 (Dorking) is £589,428 using HM Land Registry data.

The average property price increased by £117,886 (12.46%) over the last 5 years and increased by £23,621 (2.07%) over the last 12 months.

Over the last year, there were 121 residential property sales – a decrease of 53 transactions (-43.80%) relative to the previous year. The majority of house sales (33) were in the £310,000 - £496,000 range. Then came properties in the £496,000 - £682,000 range, where 31 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-30,798 (-3%).

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

5-Year Average Property Prices in RH5 (Dorking)

12.46%

Property prices in Dorking increased by 12.46% 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 RH5 (Dorking) Over the Last Year

2.07%

Property prices in Dorking increased by 2.07% 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 RH5 (Dorking) - 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 RH5 (Dorking)

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 RH5 (Dorking)

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 RH5 (Dorking)

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 RH5 (Dorking) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RH5 postcode area since 1995.

Recent Sales in RH5 (Dorking)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
35 Dukes Ride, North Holmwood, Dorking, Surrey, RH5 4TY	£545,000	£535,000	-£10,000	30 Apr 2024	06 Aug 2024	98 Days
Hillside, Felday Glade, Holmbury St Mary, Dorking, Surrey, RH5 6PG	£650,000	£628,000	-£22,000	04 Jun 2024	31 Jul 2024	57 Days
Little Willow, Burney Road, Westhumble, Dorking, Surrey, RH5 6AU	£995,000	£967,500	-£27,500	03 Nov 2023	19 Jul 2024	259 Days
Coneyhurst, Burney Road, Westhumble, Dorking, Surrey, RH5 6AX	£1,135,000	£1,105,000	-£30,000	14 Mar 2024	18 Jul 2024	126 Days
154 The Street, Capel, Dorking, Surrey, RH5 5EP	£460,000	£445,000	-£15,000	29 Jan 2024	05 Jul 2024	158 Days
Bilbao, Norfolk Road, Holmwood, Dorking, Surrey, RH5 4LA	£550,000	£546,000	-£4,000	10 Feb 2024	27 Jun 2024	138 Days
4 Old Barn Drive, Capel, Dorking, Surrey, RH5 5LQ	£895,000	£850,000	-£45,000	05 Feb 2024	21 Jun 2024	137 Days
Moonfleet, Burney Road, Westhumble, Dorking, Surrey, RH5 6AU	£1,000,000	£965,000	-£35,000	22 Nov 2023	20 Jun 2024	211 Days
1 Walford Road, North Holmwood, Dorking, Surrey, RH5 4JA	£475,000	£475,000	£00	20 Mar 2024	03 Jun 2024	75 Days
Aosta, Parkgate Road, Newdigate, Dorking, Surrey, RH5 5AH	£695,000	£670,000	-£25,000	04 Oct 2023	30 May 2024	239 Days
Mon Idee, Burnt Oak Lane, Newdigate, Dorking, Surrey, RH5 5BJ	£995,000	£960,000	-£35,000	25 Sep 2023	01 May 2024	219 Days
Lavender Cottage, Ockley Road, Beare Green, Dorking, Surrey, RH5 4PU	£625,000	£617,500	-£7,500	26 Oct 2023	19 Apr 2024	176 Days
9 Elder Way, North Holmwood, Dorking, Surrey, RH5 4TD	£539,000	£517,500	-£21,500	31 Jan 2024	05 Apr 2024	65 Days
Ilex Trees, London Road, Mickleham, Dorking, Surrey, RH5 6EH	£900,000	£850,000	-£50,000	26 Oct 2023	02 Apr 2024	159 Days
7 Oak End, Beare Green, Dorking, Surrey, RH5 4SJ	£410,000	£385,000	-£25,000	18 Oct 2023	27 Mar 2024	161 Days
Old Glade Cottage, Felday Glade, Holmbury St Mary, Dorking, Surrey, RH5 6PG	£895,000	£875,000	-£20,000	21 Sep 2023	22 Mar 2024	183 Days
44 Chart Downs, Dorking, Surrey, RH5 4DH	£400,000	£370,000	-£30,000	16 Nov 2023	14 Mar 2024	119 Days
Mallards, Ockley Road, Beare Green, Dorking, Surrey, RH5 4QA	£700,000	£650,000	-£50,000	11 Sep 2023	11 Mar 2024	182 Days
4 Nursery Close, Capel, Dorking, Surrey, RH5 5JU	£325,000	£319,000	-£6,000	26 Dec 2023	07 Mar 2024	72 Days
20 Warwick Road, Holmwood, Dorking, Surrey, RH5 4NP	£425,000	£350,000	-£75,000	28 Feb 2023	03 Mar 2024	369 Days

Most Expensive Streets in RH5 (Dorking)

Postcode	Street	Area	Average	No. of Sales
RH5 4BG	Deepdene Wood	Dorking	£2,333,333	3
RH5 5SQ	Forest Green	Dorking	£2,089,816	3
RH5 6BU	Camilla Drive, Westhumble	Dorking	£1,995,000	3
RH5 6NN	Woodhouse Lane, Holmbury St Mary	Dorking	£1,691,714	7
RH5 6DD	Fredley Park, Mickleham	Dorking	£1,573,378	3
RH5 5JA	Weare Street, Capel	Dorking	£1,404,166	3
RH5 5BH	Cudworth Lane, Newdigate	Dorking	£1,313,000	5
RH5 5AQ	Becket Wood, Newdigate	Dorking	£1,246,250	4
RH5 4AQ	Deepdene Drive	Dorking	£1,176,166	3
RH5 6JY	Broadmoor, Abinger Common	Dorking	£1,105,833	3

Least Expensive Streets in RH5 (Dorking)

Postcode	Street	Area	Average	No. of Sales
RH5 4EF	Austen Court, Chart Gardens	Dorking	£120,833	3
RH5 4UA	Dukes Ride, North Holmwood	Dorking	£190,000	6
RH5 4SE	Willow Close, Beare Green	Dorking	£211,400	5
RH5 5JT	Markham Road, Capel	Dorking	£271,380	13
RH5 4AU	Hardy Close, North Holmwood	Dorking	£273,500	5
RH5 5HH	The Mews, Rusper Road	Dorking	£275,000	3
RH5 5JU	Nursery Close, Capel	Dorking	£284,200	5
RH5 4FZ	Deepdene Lodge, Deepdene Avenue	Dorking	£294,166	3
RH5 4RF	Leith Grove, Beare Green	Dorking	£300,833	3
RH5 5AW	Medlar Court, Church Lane	Dorking	£303,316	3