Market outlook for KT24
Key indicators for buyers
The KT24 market is moderately favourable for buyers. Prices have softened (-26.6%), which could present a buying opportunity. Affordability has improved from a peak of 13.2x in 2021 to 11.0x today. Rising rents (£1,692/mo, +4.7%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Guildford area
A home in Guildford costs 11.0x the local median salary — very stretched, improving from a peak of 13.2x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Guildford area
Average monthly rent in Guildford is £1,692, up 4.7% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Guildford price of £738,333 with a 25% deposit (£185k), a 2-year fixed mortgage at 3.97% costs around £2,914 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses KT24 avg. price with Guildford rental data
Monthly mortgage payments (£2,914) are £1,222 more than renting (£1,692). However, buying requires an upfront deposit of £185k — it would take around 29 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
ROSELAWN, 18, PARKSIDE PLACE, EAST HORSLEY KT24 5BZ | Detached | £765,000 | 23 Jan 2026 |
WAYSIDE, SURREY GARDENS, EFFINGHAM JUNCTION KT24 5HH | Detached | £1,100,000 | 8 Jan 2026 |
8A, BISHOPSMEAD PARADE, EAST HORSLEY KT24 6RT | Flat/Maisonette | £350,000 | 1 Jan 2026 |
REDWOOD, PINE WALK, EAST HORSLEY KT24 5AG | Detached | £2,173,600 | 16 Dec 2025 |
2, BEECH CLOSE, EFFINGHAM KT24 5PQ | Detached | £935,000 | 15 Dec 2025 |
ACORN COTTAGE, 128, EAST LANE, WEST HORSLEY KT24 6LQ | Detached | £1,175,000 | 15 Dec 2025 |
19, LONG REACH, WEST HORSLEY |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.