GU24 (West End) area guide

GU24
West End
The GU24 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Bisley, Brookwood, Chobham, Fairoaks Airport, Foxhills, Horsell West, Knaphill, Pirbright, Surrey, West End, Woking.
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Notes:

A Mouseprice property guide for GU24 West End is coming soon. In the meantime, please have a look at the raw data and statistics about GU24 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Guildford propertyThe size of the property market in GU24 is 6446 homes.

Guildford propertyGiven that the nominal growth rate in this postcode district (GU24) has been about 9.5% over the last 5 years, it would be reasonable to assume that this isan area which has invested in improving housing stock, transport links or other local infrastructure. It may also suggest proximity to an area of economic growth such as one of the financial clusters (London, Leeds, Bristol etc.) or strong local presence in growth industries (for example investment in university facilities, attractiveness of an area to IT companies or other knowledge- based organisations).

Guildford propertyOver the last 3 months, the average property value for this postcode district has been £339954.

Guildford propertyPrice earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 10.7. Places like this represent the “well- heeled” districts of each postcode area. Although recently there have been some spectacular price increases in more expensive areas, in general, prices appreciate slowly in more expensive places because there is less demand for more expensive properties, and the turnover of them is slower because they are not commonly used as investment property.

Guildford propertyNew transactions as a percentage of overall sales are 5%.

Housing stock:

West End propertyIf you are specifically looking to buy Detached Houses, this would be an excellent area for you to explore, with 49.1% of properties being this type.

West End propertyFor those buyers keen to purchase Flats, this would not be an ideal area, because only 6.4% are this type.

West End propertyThis is an area with a high proportion of property suitable for families with children.

West End propertySocially rented accommodation represents only a small percentage of rented accommodation in the area at 5.4%.

West End propertyThe majority of property in this area is owner occupied.

West End propertyThe average price of a two bed property in this area is higher than the national average of £187894 at £213784.

Who lives here:

West End propertyWest End propertyThe average age in this area is 36.
West End propertyThis area has a high percentage of married people at 28.1%.
West End propertyPeople here work very hard – men work, on average, 46 hours per week, whilst women work for 14 hours less.
West End propertyThis area has 2.7 people per square kilometre.
West End propertyJob prospects in this area are good with low unemployment (1.3%). Most jobs are found in the Health & Social Work and Real Estate sectors.