House prices in GU21 3 (Woking)

This article reveals price per square metre data and various charts to help you understand current housing market in 'GU21 3' (Woking) - statistics were last calculated on 30 August 2024.


Defining 'GU21 3'

This analysis is limited to properties whose postcode starts with "GU21 3", 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 Woking.

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

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

Price per square metre

Knowing the average house price in Woking 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. 17, Elsdon Road, Woking, sold for £345,000 on Jul-2024. Given the internal area of 42 square metres, the price per sqm is £8,214.

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. £5,250-£5,500, £5,500-£5,750, £5,750-£6,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 198 sales in Woking (GU21 3) that took place in the last two years.

Distribution of £ per sqm for Woking
Distribution of £ per sqm house prices in Woking

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 Woking (GU21 3). Of the 198 transactions, half were sold for between £5,000 and £6,240 per square metre. The median, or 'middle', price per square metre in 'GU21 3' is £5,660. Notably, only 25% of properties that sold recently were valued at more than £6,240 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 Woking

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 Woking. 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.

Property price heatmap for Woking
House price heatmap for Woking

Comparison with neighbouring postcode sectors

The table below shows how 'GU21 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
GU21 6 Woking £4,250 sqm £5,050 sqm £5,690 sqm
GU21 3 Woking £5,000 sqm £5,660 sqm £6,240 sqm
GU21 2 Knaphill £4,680 sqm £5,260 sqm £5,860 sqm
GU21 5 Woking £3,910 sqm £4,730 sqm £5,510 sqm
GU21 8 Woking £4,790 sqm £5,230 sqm £5,780 sqm
GU21 7 Woking £4,460 sqm £5,350 sqm £6,160 sqm
GU21 4 Woking £5,370 sqm £6,080 sqm £6,920 sqm

Will Woking 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 GU21 3 (Woking) compared with both the wider area GU21 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Woking,Woking
House price trends for Woking

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.

Most recent GU21 3 sales
Recent trends for Woking

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 Woking 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 Woking 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
Oakfield, Woking, GU21 3Q 67 sqm £5,431 21
Knightswood, Woking, GU21 3P 73 sqm £5,351 17
Bishops Wood, Woking, GU21 3Q 74 sqm £4,932 14
Armadale Road, Woking, GU21 3L 68 sqm £6,212 14
Westmead, Woking, GU21 3B 70 sqm £5,356 13
Alterton Close, Woking, GU21 3D 72 sqm £5,502 13
Tregarth Place, Woking, GU21 3J 62 sqm £5,633 12
Greenham Walk, Woking, GU21 3H 83 sqm £5,917 11

Search for your street here.

Raw data

Our analysis of Woking 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
17, Elsdon Rd, Woking £345,000
Jul-2024
42 8,214
3, Goldsmiths Close, Woking £700,000
Jul-2024
127 5,511
2, Venton Close, Woking £415,000
Jun-2024
73 5,684

See the entire list of all sales in Woking (GU21 3) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.