A £427,500 median across 1,112 sales, a town-centre tall-building pause and a thin local planning picture leave Surrey developers leaning on resale comparables.
Woking's Q2 2026 picture is one of correction, not collapse: prices are down 3.7% year on year against a £427,500 median, transaction depth remains healthy at 1,112 sales, and the borough council's Section 114 hangover continues to weigh on town-centre regeneration. For developers, that mix shapes scheme selection, ticket sizing and exit assumptions across the GU21, GU22 and KT14 postcodes.
Market data at a glance
Source: HM Land Registry Price Paid, rolling 12 months.
Source: HM Land Registry Price Paid Data. Median computed across all registered transactions per period.
Development pipeline
Outline planning application (all matters reserved except access) for erection of up to 162 dwellings (including 50% affordable housing) together with associated access, parking, pedestrian and cycle routes, green infrastructure (including public open space, play space and landscaping) and drainage (Amended Plans and Documents).
Outline planning application (all matters reserved except access) for erection of up to 147 dwellings (including 50% affordable housing) together with associated access, parking, pedestrian and cycle routes, green infrastructure (including public open space, play space and landscaping) and drainage (Amended Plans and Documents).
Application under S.106A of The Town and Country Planning Act 1990 for a Deed of Variation to the S.106 Agreement dated 5 October 1998 attached to planning permission PLAN/1998/0491 (for the erection of 40 residential units) to amend the 'Mortgagee in Possession' Clause and insert a provision to confirm that any previous S.106 Agreements are discharged.
Formal Consultation from Surrey Heath Borough Council for an Outline planning application for 30 dwellings, associated parking, landscaping and access and demolition of existing buildings (all matters reserved with only access considered). (Your ref. 25/0284/OOU).
Approval under Regulation 75 of The Conservation of Habitats and Species Regulations 2017 for application ref: PLAN/2025/0335 (Prior Approval under the provisions of Schedule 2, Part 3, Class MA of The Town and Country Planning (General Permitted Development) (England) Order 2015 (as amended) for change of use from Commercial, Business and Service (Use Class E) to Dwellinghouses (Use Class C3) to provide 27x residential units).
Construction of 2 x detached 4 bedroom dwellings and associated landscaping following the demolition of the existing storage buildings.
Source: Woking Borough Council portal. GDV estimates use local sales medians by property type.
Sales activity
| Date | Address | Type | Tenure | Price |
|---|---|---|---|---|
22 July 2026 | 3, DIGBY WAY | T | F | £425,000 |
20 July 2026 | 14, NURSERY ROAD | S | F | £403,000 |
17 July 2026 | 5, GREEN VIEW | S | F | £750,000 |
17 July 2026 | 92, LOVELACE DRIVE | D | F | £960,000 |
17 July 2026 | 128, WESTFIELD ROAD | S | F | £430,000 |
15 July 2026 | 27, OLD MALT WAY | D | F | £790,000 |
13 July 2026 | 62, CONNAUGHT CRESCENT | T | F | £440,000 |
13 July 2026 | 8, OLD ORCHARD | F | L | £330,000 |
Woking's town-centre tall-building activity remains on pause, pushing 2026 development capital toward outer-village replacement plots in GU3, GU22 and KT14.
For developers
Outlook
We arrange senior debt, mezzanine and equity for development schemes from £500k to £50m. No upfront fees, indicative terms in 48 hours.
Methodology: Pending GDV is estimated by multiplying declared unit counts by local sales medians for the corresponding property type. Approval rate is the share of decided applications (last 12 months) granted permission. Sold-price changes are year-on-year comparisons of the median sale price. Pipeline activity refers to residential development applications only — household extensions, conditions variations, and other non-development applications are excluded. Construction Capital is a trading name of Lenzie Consulting Ltd. (08174104).