House prices in GU11 4 (Wellesley)

This article reveals price per square metre data and various charts to help you understand current housing market in 'GU11 4' (Wellesley, Aldershot) - statistics were last calculated on 30 August 2024.

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Defining 'GU11 4'

This analysis is limited to properties whose postcode starts with "GU11 4", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Wellesley.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Wellesley is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. Flat 9 Grieve House, 1, Montgomery Avenue, Wellesley, Aldershot, sold for £273,000 on May-2024. Given the internal area of 70 square metres, the price per sqm is £3,900.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,350-£3,500, £3,500-£3,650, £3,650-£3,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 30 sales in Wellesley (GU11 4) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Wellesley (GU11 4). Of the 30 transactions, half were sold for between £3,760 and £4,330 per square metre. The median, or 'middle', price per square metre in 'GU11 4' is £3,970. Notably, only 25% of properties that sold recently were valued at more than £4,330 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Wellesley, Aldershot

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Aldershot. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Wellesley, Aldershot

Comparison with neighbouring postcode sectors

The table below shows how 'GU11 4' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
GU11 2 Aldershot	£3,670 sqm	£3,790 sqm	£4,020 sqm
GU11 1 Aldershot	£3,110 sqm	£3,450 sqm	£3,870 sqm
GU11 3 Aldershot	£3,530 sqm	£4,180 sqm	£4,770 sqm
GU11 4 Wellesley	£3,760 sqm	£3,970 sqm	£4,330 sqm

Will Aldershot house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for GU11 4 (Wellesley) compared with both the wider area GU11 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Aldershot to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Aldershot and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street	Avg size	Avg £sqm	Recent sales
Scarletts Road, Wellesley, GU11 4A	96 sqm	£3,396	15
Montgomery Avenue, Wellesley, GU11 4A	106 sqm	£3,631	12
Charteris Close, Wellesley, GU11 4D	66 sqm	£4,039	10
Burke Place, Wellesley, GU11 4B	65 sqm	£2,675	9
Montgomery Avenue, Wellesley, GU11 4D	87 sqm	£3,970	7
Corunna Avenue, Wellesley, GU11 4B	98 sqm	£3,052	6
Frost Drive, Wellesley, GU11 4D	125 sqm	£3,698	5

Search for your street here.

New build activity

Street	Avg size	Avg £sqm	New build sales
Moore Drive, Wellesley, GU11 4A	98 sqm	£4,272	9

Moore Drive, Wellesley, GU11 4A has seen 9 new build sales in the last 4 years (average price £395,721). These new build homes typically have an internal area of 98 sqm, with an average price of £4,272 sqm. This £sqm average is £302 above the average for GU11 4. New builds typically command a £ per sqm premium so this is normal.

Raw data

Our analysis of Wellesley is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	sqm	£/sqm
Flat 9 Grieve House, 1, Montgomery Avenue, Wellesley, Aldershot	£273,000 May-2024	70	3,900
7 Strachan House, 2, Charteris Close, Wellesley, Aldershot	£242,500 Apr-2024	68	3,566
1, Inkerman Lane, Wellesley, Aldershot	£510,000 Mar-2024	137	3,722

See the entire list of all sales in Wellesley (GU11 4) here.