Market outlook for Woking
Key indicators for buyers
The Woking market is moderately favourable for buyers. Prices have softened (-2.1%), which could present a buying opportunity. Affordability has improved from a peak of 13.2x in 2015 to 10.6x today.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in Woking costs 10.6x the local median salary — very stretched, improving from a peak of 13.2x in 2015.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in Woking is £1,615, down 0.9% 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 Woking price of £444,889 with a 25% deposit (£111k), a 2-year fixed mortgage at 3.97% costs around £1,756 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£1,756) are £141 more than renting (£1,615). However, buying requires an upfront deposit of £111k — it would take around 10 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 |
|---|---|---|---|
38, HAMMOND ROAD GU21 4TH | Semi-detached | £675,000 | 26 Jan 2026 |
125, CONNAUGHT ROAD, BROOKWOOD GU24 0EU | Terraced | £405,000 | 23 Jan 2026 |
17, ABBEY ROAD GU21 4PQ | Detached | £582,000 | 23 Jan 2026 |
6, OCKENDEN CLOSE GU22 7LU | Flat/Maisonette | £295,000 | 23 Jan 2026 |
219, HIGH STREET, OLD WOKING GU22 9JH | Semi-detached | £285,000 | 20 Jan 2026 |
29, GRASMERE WAY, BYFLEET KT14 7BY | Terraced | £490,000 | 19 Jan 2026 |
1, DRAYTON COURT, LAVENDER PARK ROAD KT14 6NB | Flat/Maisonette |
Explore postcodes in Woking
4postcode districts · Click for detailed prices
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.