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House Prices in GU18

The average house price in GU18 (Lightwater) is £381,500 using HM Land Registry data.

The average property price increased by £146,230 (2.06%) over the last 5 years and increased by £29,233 (0.37%) over the last 12 months.

Over the last year, there were 85 residential property sales – a decrease of 19 transactions (-22.35%) relative to the previous year. The majority of house sales (23) were in the £374,000 - £528,000 range. Then came properties in the £682,000 - £836,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 84 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,045 (-2%).

In June 2024, there were 14 new estate agency instructions, 17 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in GU18 (Lightwater)

2.06%

Property prices in Lightwater increased by 2.06% 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 GU18 (Lightwater) Over the Last Year

0.37%

Property prices in Lightwater increased by 0.37% 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 GU18 (Lightwater) - June 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 GU18 (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 GU18 (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 GU18 (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 GU18 (Lightwater) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the GU18 postcode area since 1995.

Recent Sales in GU18 (Lightwater)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
19 Birchwood Drive, Lightwater, Surrey, GU18 5RX	£425,000	£415,000	-£10,000	04 Jan 2024	19 Apr 2024	106 Days
166 Macdonald Road, Lightwater, Surrey, GU18 5YB	£675,000	£640,000	-£35,000	04 Aug 2023	28 Mar 2024	237 Days
12 Deer Leap, Lightwater, Surrey, GU18 5PF	£725,000	£705,000	-£20,000	08 Dec 2023	21 Mar 2024	104 Days
8 Blackstroud Lane West, Lightwater, Surrey, GU18 5SP	£775,000	£766,000	-£9,000	19 Jul 2023	09 Feb 2024	205 Days
122 Ambleside Road, Lightwater, Surrey, GU18 5UN	£1,200,000	£1,175,000	-£25,000	31 Aug 2023	15 Jan 2024	137 Days
83 Grasmere Road, Lightwater, Surrey, GU18 5TL	£600,000	£570,000	-£30,000	26 Jun 2023	05 Jan 2024	193 Days
125 Macdonald Road, Lightwater, Surrey, GU18 5YB	£725,000	£700,000	-£25,000	25 Apr 2023	05 Jan 2024	255 Days
24 Keswick Drive, Lightwater, Surrey, GU18 5XE	£650,000	£635,000	-£15,000	25 Aug 2023	20 Dec 2023	117 Days
1 The Orchard, Lightwater, Surrey, GU18 5YS	£635,000	£615,000	-£20,000	17 Jun 2023	19 Dec 2023	185 Days
6 Ullswater Close, Lightwater, Surrey, GU18 5TD	£385,000	£362,400	-£22,600	22 Sep 2023	19 Dec 2023	88 Days
14 Curley Hill Road, Lightwater, Surrey, GU18 5YG	£1,100,000	£1,095,000	-£5,000	27 Jul 2023	07 Dec 2023	133 Days
113 Ambleside Road, Lightwater, Surrey, GU18 5UJ	£875,000	£754,200	-£120,800	22 Aug 2023	06 Dec 2023	106 Days
38 Burdock Close, Lightwater, Surrey, GU18 5YP	£350,000	£320,000	-£30,000	05 Dec 2023	05 Dec 2023	0 Days
47 Ambleside Road, Lightwater, Surrey, GU18 5TA	£775,000	£749,300	-£25,700	17 Jun 2023	30 Nov 2023	166 Days
89 Macdonald Road, Lightwater, Surrey, GU18 5XZ	£700,000	£700,000	£00	01 Aug 2023	17 Nov 2023	108 Days
12 Grasmere Road, Lightwater, Surrey, GU18 5TG	£500,000	£500,000	£00	09 May 2023	10 Nov 2023	185 Days
18 The Avenue, Lightwater, Surrey, GU18 5RF	£400,000	£392,500	-£7,500	26 Jul 2023	06 Nov 2023	103 Days
1 Ambleside Road, Lightwater, Surrey, GU18 5TA	£1,250,000	£1,200,000	-£50,000	07 Jun 2023	01 Nov 2023	147 Days
37 Riverside Avenue, Lightwater, Surrey, GU18 5RU	£400,000	£400,000	£00	11 Apr 2023	31 Oct 2023	203 Days
73 Keswick Drive, Lightwater, Surrey, GU18 5XE	£600,000	£560,000	-£40,000	27 Jun 2023	31 Oct 2023	126 Days

Most Expensive Streets in GU18 (Lightwater)

Postcode	Street	Area	Average	No. of Sales
GU18 5SW	Heronscourt	Lightwater	£1,115,833	3
GU18 5QQ	Colville Gardens	Lightwater	£968,500	3
GU18 5YH	Curley Hill Road	Lightwater	£963,285	7
GU18 5UL	Ambleside Road	Lightwater	£890,000	4
GU18 5XR	Outfall Cottages	Lightwater	£889,375	4
GU18 5YB	Macdonald Road	Lightwater	£868,916	9
GU18 5XS	The Ridgeway	Lightwater	£839,000	5
GU18 5YG	Curley Hill Road	Lightwater	£827,916	6
GU18 5SN	Guildford Road	Lightwater	£815,250	4
GU18 5TA	Ambleside Road	Lightwater	£802,383	6

Least Expensive Streets in GU18 (Lightwater)

Postcode	Street	Area	Average	No. of Sales
GU18 5UE	Denly Way	Lightwater	£190,000	4
GU18 5RY	Guildford Road	Lightwater	£209,041	12
GU18 5YT	Ivy Drive	Lightwater	£236,175	14
GU18 5YN	Bluebell Rise	Lightwater	£243,750	6
GU18 5SL	Broadway Road	Lightwater	£248,493	8
GU18 5XQ	Lightwater Road	Lightwater	£270,375	8
GU18 5AD	John Norman Grove	Lightwater	£272,562	8
GU18 5RP	Guildford Road	Lightwater	£284,545	11
GU18 5YP	Burdock Close	Lightwater	£295,157	7
GU18 5YS	The Orchard	Lightwater	£304,218	16