Key indicators for buyers
The GU53 market presents a mixed picture for buyers. Affordability has improved from a peak of 14.2x in 2021 to 11.6x today. Rising rents (£1,250/mo, +2.6%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
The average property in GU53 sold for £1,542,001 in 2024, with a median of £1,542,001 across 1 transactions.
House price ÷ median earnings · ONS data
Affordability data shown for wider East Hampshire area
A home in East Hampshire costs 11.6x the local median salary — very stretched, improving from a peak of 14.2x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider East Hampshire area
Average monthly rent in East Hampshire is £1,250, up 2.6% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average East Hampshire price of £1,542,001 with a 25% deposit (£386k), a 2-year fixed mortgage at 3.97% costs around £6,085 per month.
Monthly cost comparison based on current data
Uses GU53 avg. price with East Hampshire rental data
Monthly mortgage payments (£6,085) are £4,835 more than renting (£1,250). However, buying requires an upfront deposit of £386k — it would take around 32125 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
1A, RIVER WEY CLOSE GU53 0JJ | Other | £1,542,001 | 30 Sept 2024 |
The most recent recorded sale in GU53 was a other property on River Wey Close for £1,542,001 in September 2024. Across the last 1 sales, the median price was £1,542,001.
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.