Woking

Area Guide For Woking

Woking is a large town and civil parish that shares its name with the surrounding local government district, located in the west of Surrey, UK. It is part of the Greater London Urban Area and the London commuter belt, with frequent trains and a journey time of approximately 24 minutes to Waterloo station. Woking is 23 miles (37 km) southwest of Charing Cross in central London. Woking town itself, excluding the surrounding district, has a population of 62,796, with the whole local government district (the borough of Woking) having a population of 92,400 (mid 2009 estimate). Currently, Woking is a Conservative constituency, with Jonathan Lord as Woking's Member of Parliament. In literature, Woking is where the Martians first land in H. G. Wells' science fiction novel The War of the Worlds. In music, "Town Called Malice" was written about Woking by Paul Weller and recorded by his band, The Jam. The song reached No. 1 in the UK Charts. Though Woking's earliest written appearance is in Domesday Book, it is mentioned as the site of a monastery in an 8th century context, as Wochingas. In Domesday Book it appears as Wochinges, being held in 1086 by King William the Conqueror,

 
 

Woking Map

Estimated Price: £467,143
Average Asking Price: £622,411
Price change in last one year: £34,576
Average Price Paid: £359,168
Average Rent Rates: £1,687

 
 

Property Prices Breakdown in Woking

Average Price for property in Woking is around £467,143 which varies based on type of property you are interested in and ranges from £754,802 for detached house to around £396,458 for semi-detached. Similarly terraced house is around £306,046 and a flat is worth £248,828. Values have been changing and have risen £4,190 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,736 in last 6 months, £34,576 in last 1 year, £62,916 in last 2 years, £78,630 in last 3 years, £76,946 in last 4 years and £75,362 in last 5 years.

Currently average asking price of a property in Woking is around £622,411 based on approximately 1,681 properties for sale. Same is the case with rental options based on 544 properties up for rent, average asking rent is around £1,687 per month.

Estimated property value in Woking is £467,143. Average asking price is £622,411 while average price paid is £388,616 which is up by £34,576 and Avg. asking rent £1,687.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Woking area. In last 1 year alone average price buyer paid is around £388,616 based on approximately 1,681 sales in Woking area alone. If you compare it to last 3 years sales of 5,157 properties where buyers paid around £366,570. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £359,168 for 8,251 and average amount paid for purchase of approx. 10,776 properties sold in last 7 years comes to about £352,364 per sale.

 
 

Properties For Sale in Woking

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £157,886, £326,050 for a 2 bedroom house, £471,536 for a 3 bedroom house, £761,883 for a 4 bedroom house and £1,137,614 for a 5 bedroom house. For a flat similarly the prices varies from £201,547 for a single bedroom to £303,727 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £384,207. To sum up the asking prices for properties in Woking it comes to around average £193,542 for 1 bedroom property, £309,968 for 2 bedroom, £461,677 for 3 bedroom, £761,883 for 4 bedroom and £1,137,614 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £910 for 1 bedroom to £1,201 for 2 bedrooms, £1,689 for 3 bedrooms, £2,605 for 4 bedrooms and £4,136 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £962. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,351, £1,368 for 3 bedroom and £2,002 for 4 bedroom. You should be generally be expecting around average £952 rent per month for single bedroom property, £1,312 for 2 bedroom, £1,660 for 3 bedroom, £2,597 for 4 bedroom and approximately £4,136 for a 5 bedroom property in Woking area.

Popular Houses in Woking

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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