House Prices in GU9 House Prices in GU9 (Farnham)

The average house price in GU9 (Farnham) is £498,233 using HM Land Registry data.

The average property price increased by £145,779 (18.63%) over the last 5 years and increased by £29,143 (2.96%) over the last 12 months.

Over the last year, there were 337 residential property sales – a decrease of 210 transactions (-62.31%) relative to the previous year. The majority of house sales (92) were in the £404,000 - £568,000 range. Then came properties in the £240,000 - £404,000 range, where 77 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,358 (-3%).

In June 2024, there were 81 new estate agency instructions, 53 agreed home sales and 44 property price reductions.

5-Year Average Property Prices in GU9 (Farnham)

18.63%

Property prices in Farnham increased by 18.63% 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 GU9 (Farnham) Over the Last Year

2.96%

Property prices in Farnham increased by 2.96% 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 GU9 (Farnham) - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 GU9 (Farnham)

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 GU9 (Farnham)

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 GU9 (Farnham)

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 GU9 (Farnham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the GU9 postcode area since 1995.

Recent Sales in GU9 (Farnham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Bishop Sumner Drive, Farnham, Surrey, GU9 0HQ£675,000£642,500-£32,50009 Jan 202410 May 2024122 Days
14 Trafalgar Court, Farnham, Surrey, GU9 7QE£425,000£402,000-£23,00020 Oct 202307 May 2024200 Days
79 Farnborough Road, Farnham, Surrey, GU9 9AL£400,000£363,850-£36,15021 Nov 202330 Apr 2024161 Days
23 St James Avenue, Farnham, Surrey, GU9 9QF£550,000£545,000-£5,00023 Nov 202326 Apr 2024155 Days
Flat 6, The Lindens, Great Austins, Farnham, Surrey, GU9 8LA£405,000£380,000-£25,00016 Sep 202318 Apr 2024215 Days
1 Lowndes Buildings, Farnham, Surrey, GU9 7JD£290,000£280,000-£10,00031 Oct 202316 Apr 2024168 Days
Flat 2, Hale Farm, Monkton Lane, Farnham, Surrey, GU9 9AA£300,000£290,000-£10,00022 Aug 202311 Apr 2024233 Days
8 Templar Avenue, Farnham, Surrey, GU9 8LE£850,000£830,000-£20,00003 Aug 202310 Apr 2024251 Days
38 Bricksbury Hill, Farnham, Surrey, GU9 0LZ£350,000£330,000-£20,00005 Jun 202328 Mar 2024297 Days
4 Melville Terrace, Farnham, Surrey, GU9 7EY£395,000£390,000-£5,00008 Nov 202327 Mar 2024140 Days
9 Weywood Lane, Farnham, Surrey, GU9 9DP£490,000£483,000-£7,00015 May 202327 Mar 2024317 Days
3 Folly Lane North, Farnham, Surrey, GU9 0HU£475,000£465,000-£10,00031 Jan 202427 Mar 202456 Days
68 Badshot Lea Road, Badshot Lea, Farnham, Surrey, GU9 9LT£335,000£320,000-£15,00027 Oct 202322 Mar 2024147 Days
2 Cobbetts Mews, Farnham, Surrey, GU9 7DL£499,950£490,000-£9,95001 Dec 202314 Mar 2024104 Days
26 Newcome Road, Farnham, Surrey, GU9 9DJ£325,000£320,000-£5,00016 Jan 202414 Mar 202458 Days
22 Hale Reeds, Farnham, Surrey, GU9 9BN£350,000£325,000-£25,00025 Nov 202301 Mar 202497 Days
Flat 31, Mountbatten Lodge, The Hart, Farnham, Surrey, GU9 7HZ£200,000£200,000£0020 Nov 202329 Feb 2024101 Days
88 Weybourne Road, Farnham, Surrey, GU9 9HE£550,000£550,000£0003 Oct 202319 Feb 2024139 Days
The Elms, Alma Way, Farnham, Surrey, GU9 0QN£850,000£830,000-£20,00017 Apr 202309 Feb 2024298 Days
19 Byworth Road, Farnham, Surrey, GU9 7BT£565,000£555,000-£10,00012 Jan 202402 Feb 202421 Days

Most Expensive Streets in GU9 (Farnham)

PostcodeStreetAreaAverageNo. of Sales
GU9 8EHOld Compton LaneFarnham£2,376,6663
GU9 8JRLittle Austins RoadFarnham£1,981,0005
GU9 0AHOld Park LaneFarnham£1,555,0004
GU9 8BHWaverley LaneFarnham£1,544,0005
GU9 8HPLeigh LaneFarnham£1,521,2504
GU9 8BSOld Compton LaneFarnham£1,517,5004
GU9 8BYLynch RoadFarnham£1,428,3333
GU9 8BZLynch RoadFarnham£1,414,4287
GU9 8DYMenin WayFarnham£1,271,3754
GU9 8BUMonkshangerFarnham£1,211,6663

Least Expensive Streets in GU9 (Farnham)

PostcodeStreetAreaAverageNo. of Sales
GU9 7RUHome Park House, South Street, FarnhamFarnham£148,75018
GU9 0PLBrook House, Fairview GardensFarnham£162,6663
GU9 9BHUpper Weybourne LaneFarnham£163,3754
GU9 0NEThe FernsFarnham£164,5005
GU9 9FHAnstey RoadFarnham£178,4217
GU9 7RQProvidence Place, Abbey Street, FarnhamFarnham£183,6258
GU9 9AYCarters WalkFarnham£197,7506
GU9 9DHHillcrestFarnham£205,1666
GU9 0NQHale Court, Fairview GardensFarnham£210,45411
GU9 8UTThe BuntingsFarnham£215,8336

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