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House Prices in GL1

The average house price in GL1 (Gloucester) is £214,846 using HM Land Registry data.

The average property price increased by £37,849 (32.68%) over the last 5 years and increased by £7,566 (4.72%) over the last 12 months.

Over the last year, there were 393 residential property sales – a decrease of 232 transactions (-59.03%) relative to the previous year. The majority of house sales (114) were in the £152,000 - £204,000 range. Then came properties in the £100,000 - £152,000 range, where 81 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,836 (-2%).

In June 2024, there were 77 new estate agency instructions, 49 agreed home sales and 46 property price reductions.

5-Year Average Property Prices in GL1 (Gloucester)

32.68%

Property prices in Gloucester increased by 32.68% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in GL1 (Gloucester) Over the Last Year

4.72%

Property prices in Gloucester increased by 4.72% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for GL1 (Gloucester) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in GL1 (Gloucester)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in GL1 (Gloucester)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in GL1 (Gloucester)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the GL1 (Gloucester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the GL1 postcode area since 1995.

Recent Sales in GL1 (Gloucester)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
39 Churchill Road, Gloucester, Gloucestershire, GL1 5BS	£260,000	£250,000	-£10,000	09 Nov 2023	08 May 2024	181 Days
109 Rosebery Avenue, Gloucester, Gloucestershire, GL1 5EH	£220,000	£220,000	£00	23 Jan 2024	03 May 2024	101 Days
39 Deans Walk, Gloucester, Gloucestershire, GL1 2PX	£250,000	£245,000	-£5,000	19 Sep 2023	16 Apr 2024	210 Days
22 Regent Street, Gloucester, Gloucestershire, GL1 4UJ	£240,000	£235,000	-£5,000	30 Jan 2024	12 Apr 2024	73 Days
20 Highworth Road, Gloucester, Gloucestershire, GL1 4RW	£190,000	£186,000	-£4,000	13 Dec 2023	12 Apr 2024	121 Days
46 The Oval, Gloucester, Gloucestershire, GL1 5ED	£290,000	£273,000	-£17,000	15 Sep 2023	10 Apr 2024	208 Days
49 Sebert Street, Gloucester, Gloucestershire, GL1 3BS	£199,950	£192,000	-£7,950	03 Jan 2024	28 Mar 2024	85 Days
117 Lansdown Road, Gloucester, Gloucestershire, GL1 3JF	£535,000	£490,000	-£45,000	07 Aug 2023	28 Mar 2024	234 Days
76 Tuffley Avenue, Gloucester, Gloucestershire, GL1 5LZ	£350,000	£310,000	-£40,000	30 Oct 2023	27 Mar 2024	149 Days
6 Deans Walk, Gloucester, Gloucestershire, GL1 2QP	£200,000	£195,000	-£5,000	01 Nov 2023	14 Mar 2024	134 Days
37 Nelson Street, Gloucester, Gloucestershire, GL1 4QX	£165,000	£162,500	-£2,500	20 Nov 2023	01 Mar 2024	102 Days
105 Rosebery Avenue, Gloucester, Gloucestershire, GL1 5EH	£200,000	£195,000	-£5,000	12 Aug 2023	29 Feb 2024	201 Days
48 Hatherley Road, Gloucester, Gloucestershire, GL1 4PH	£230,000	£222,000	-£8,000	26 Oct 2023	29 Feb 2024	126 Days
17 Hamer Street, Gloucester, Gloucestershire, GL1 3QN	£215,000	£207,000	-£8,000	27 Oct 2023	16 Feb 2024	112 Days
58 Calton Road, Gloucester, Gloucestershire, GL1 5DY	£230,000	£230,000	£00	15 Nov 2023	16 Feb 2024	93 Days
29 Falkner Street, Gloucester, Gloucestershire, GL1 4SG	£270,000	£270,000	£00	19 Oct 2023	08 Feb 2024	112 Days
45 Sebert Street, Gloucester, Gloucestershire, GL1 3BS	£225,000	£218,000	-£7,000	04 Oct 2023	31 Jan 2024	119 Days
57 Hatherley Road, Gloucester, Gloucestershire, GL1 4PN	£195,000	£185,500	-£9,500	05 Oct 2023	23 Jan 2024	110 Days
Flat 26, Cathedral Court, London Road, Gloucester, Gloucestershire, GL1 3QE	£110,000	£93,000	-£17,000	25 Sep 2018	19 Jan 2024	1942 Days
16 Kingsholm Square, Gloucester, Gloucestershire, GL1 2QJ	£590,000	£570,000	-£20,000	20 Oct 2023	19 Jan 2024	91 Days

Most Expensive Streets in GL1 (Gloucester)

Postcode	Street	Area	Average	No. of Sales
GL1 3BB	Kingsholm Road	Gloucester	£545,000	3
GL1 5LP	Sunnycroft Mews	Gloucester	£535,750	4
GL1 3LU	Estcourt Road	Gloucester	£526,250	4
GL1 5PJ	New Dawn View	Gloucester	£456,357	14
GL1 3JF	Lansdown Road	Gloucester	£452,785	7
GL1 3FE	Wadley Close	Gloucester	£447,776	32
GL1 3LP	Estcourt Close	Gloucester	£427,915	30
GL1 3FB	Hudson Close	Gloucester	£424,317	31
GL1 3LG	Estcourt Road	Gloucester	£420,498	14
GL1 3LW	Estcourt Road	Gloucester	£415,083	6

Least Expensive Streets in GL1 (Gloucester)

Postcode	Street	Area	Average	No. of Sales
GL1 3EL	Henry Street	Gloucester	£59,857	7
GL1 1TT	Priory Place	Gloucester	£70,000	3
GL1 1RP	St Aldate Street	Gloucester	£70,990	5
GL1 3EZ	Walkinshaw Court	Gloucester	£71,540	5
GL1 1RD	Wellington Street	Gloucester	£72,714	7
GL1 3QD	Myers Road	Gloucester	£82,000	4
GL1 4DN	Ascot Court, India Road	Gloucester	£82,400	5
GL1 5SD	Bristol Road	Gloucester	£85,500	3
GL1 2PB	Castlemeads Court, Westgate Street, Gloucester	Gloucester	£88,633	15
GL1 1LG	Trier Way	Gloucester	£89,671	3