Woking Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Review

Woking: Major town centre regeneration with Victoria Square transforming the commercial core.

The Woking property market recorded 1,653 residential sales in the 12 months to 30 June 2026, with a median sale price of £435,000. This places Woking £59k below the Surrey county median of £493,750, and £150k above the approximate UK median of £285,000.

Prices in Woking have been broadly stable, a year-on-year change of -1.1%. Within Surrey, Woking ranks 10th by price out of 10 principal towns, and 5th by transaction volume.

On a quarterly view, Woking median prices moved from £439,000 in Q1 2025 to £438,750 in Q2 2026, a change of -0.1% over 5 quarters. Woking has now recorded 2 consecutive quarters of price growth.

The local planning authority for Woking approved 8 residential planning applications and refused 6 in Q3 2026 (1 July to 30 September 2026), with 37 still awaiting a decision. Too few decisions were captured in the period to state a reliable approval rate. Planning figures come from local planning authority records compiled by Landstack, retrieved on 3 October 2026. Councils and Landstack can take several days to publish decisions, so decisions made in the final days of Q3 2026 may not all be included yet.

Schemes approved in Q3 2026, together with those still awaiting a decision, propose around 854 homes, an estimated £366.1m of development value at local sale prices. Treat the unit total as an upper bound, since an outline permission and its reserved-matters application both count.

Property prices in Woking vary significantly by type. The table below compares Woking prices with Surrey county averages and UK national figures.

Detached homes in Woking command £770,000, while flat properties are most accessible at £250,500. The £520k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

HM Land Registry has so far registered 104 new-build sales in Woking for the past 12 months, 6.3% of registered transactions. New-build sales are typically registered 6 to 18 months after completion, so this understates current delivery and is not a completions figure.

On those registered sales, new builds in Woking sold at a discount of 25.7% to existing stock.

Across the wider Surrey market, 280 new-build sales have registered so far. See our Surrey property market report for the full county picture.

The table below shows the most recently registered residential sales in Woking, evidence of achieved prices for buyers, sellers and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £345,000 to £796,000 illustrates the breadth of the Woking market.

For developers considering Woking, the local market data translates directly into finance structuring. With a median value of £435,000 and detached homes at £770,000, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Woking with a GDV of £770,000 would attract senior debt of approximately £500,500 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

While prices have softened 1.1% year-on-year, experienced developers can still generate strong returns in Woking by targeting well-located sites with clear demand drivers.

Ready to develop in Woking? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

To put Woking's market in context, the table below compares it with similarly-priced towns across Surrey:

For the full Surrey town-by-town breakdown, see our comprehensive Surrey property market report.