FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in GL51

House Prices in GL51 House Prices in GL51 (Cheltenham)

The average house price in GL51 (Cheltenham) is £316,411 using HM Land Registry data.

The average property price increased by £64,597 (27.49%) over the last 5 years and increased by £12,943 (4.11%) over the last 12 months.

Over the last year, there were 468 residential property sales – a decrease of 214 transactions (-45.73%) relative to the previous year. The majority of house sales (144) were in the £224,000 - £288,000 range. Then came properties in the £288,000 - £352,000 range, where 85 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 45 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,893 (-3%).

In Oct 24, there were 101 new estate agency instructions, 100 agreed home sales and 75 property price reductions.

Nearby Postcodes: GL1, GL10, GL11, GL13, GL14, GL17, GL18, GL19, GL2, GL20, GL3, GL4, GL50, GL52, GL53, GL54, GL6, GL7, HR8, WR10, WR11, WR13, WR8

5-Year Average Property Prices in GL51 (Cheltenham)

27.49%

Property prices in Cheltenham increased by 27.49% 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 GL51 (Cheltenham) Over the Last Year

4.11%

Property prices in Cheltenham increased by 4.11% 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.

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).

Property Market Heat Gauge for GL51 (Cheltenham) - Oct 24

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 GL51 (Cheltenham)

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 GL51 (Cheltenham)

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 GL51 (Cheltenham)

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 GL51 (Cheltenham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the GL51 postcode area since 1995.

Recent Sales in GL51 (Cheltenham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Salisbury Avenue, Cheltenham, Gloucestershire, GL51 3BT£300,000£285,000-£15,00030 Apr 202416 Aug 2024108 Days
46 Persimmon Gardens, Cheltenham, Gloucestershire, GL51 0UF£275,000£270,000-£5,00019 Feb 202416 Aug 2024179 Days
157 Arle Road, Cheltenham, Gloucestershire, GL51 8LJ£400,000£385,000-£15,00009 Mar 202416 Aug 2024160 Days
37 Charles Street, Cheltenham, Gloucestershire, GL51 9HH£235,000£225,000-£10,00004 Apr 202416 Aug 2024134 Days
11 Campden Road, Cheltenham, Gloucestershire, GL51 6AA£485,000£475,000-£10,00030 Apr 202413 Aug 2024105 Days
11 Admiral Close, Cheltenham, Gloucestershire, GL51 0XL£260,000£260,000£0018 Apr 202409 Aug 2024113 Days
52 Obrien Road, Cheltenham, Gloucestershire, GL51 0UP£250,000£240,000-£10,00001 Mar 202409 Aug 2024161 Days
75 Redgrove Park, Cheltenham, Gloucestershire, GL51 6QZ£725,000£715,000-£10,00028 Nov 202309 Aug 2024255 Days
11 St Stephens Manor, Cheltenham, Gloucestershire, GL51 3GF£1,250,000£1,200,000-£50,00023 Feb 202402 Aug 2024161 Days
10 Justicia Way, Up Hatherley, Cheltenham, Gloucestershire, GL51 3YH£575,000£560,000-£15,00015 Mar 202402 Aug 2024140 Days
17d, Wade Court, Cheltenham, Gloucestershire, GL51 6NL£220,000£214,000-£6,00019 Mar 202431 Jul 2024134 Days
2 Shelley Road, Cheltenham, Gloucestershire, GL51 7DS£365,000£365,000£0009 Apr 202431 Jul 2024113 Days
11 Charles Street, Cheltenham, Gloucestershire, GL51 9HH£260,000£260,000£0024 Jan 202431 Jul 2024189 Days
77 Tennyson Road, Cheltenham, Gloucestershire, GL51 7DD£300,000£290,000-£10,00001 Feb 202430 Jul 2024180 Days
2 Niven Courtyard, Cheltenham, Gloucestershire, GL51 0GG£500,000£480,000-£20,00018 Jul 202330 Jul 2024378 Days
7 Princess Elizabeth Way, Cheltenham, Gloucestershire, GL51 7PE£245,000£245,000£0002 Feb 202430 Jul 2024179 Days
92 Nettleton Road, Cheltenham, Gloucestershire, GL51 6NS£374,950£365,000-£9,95029 Feb 202429 Jul 2024151 Days
5 Oldbury Road, Cheltenham, Gloucestershire, GL51 0HH£260,000£255,000-£5,00017 Apr 202426 Jul 2024100 Days
26 Colesbourne Road, Cheltenham, Gloucestershire, GL51 6DL£314,950£300,000-£14,95024 Apr 202426 Jul 202493 Days
20 Wordsworth Avenue, Cheltenham, Gloucestershire, GL51 7DY£315,000£305,000-£10,00023 Jan 202425 Jul 2024184 Days

Most Expensive Streets in GL51 (Cheltenham)

PostcodeStreetAreaAverageNo. of Sales
GL51 4ULBadgeworthCheltenham£1,368,6005
GL51 3AHBournside RoadCheltenham£941,7504
GL51 6TPSummerbee DriveCheltenham£920,80421
GL51 6EJGodfrey CloseCheltenham£908,3333
GL51 3GFSt Stephens ManorCheltenham£891,6663
GL51 4UPCold Pool Lane, BadgeworthCheltenham£838,3333
GL51 6QJLansdown Lodge DriveCheltenham£823,3333
GL51 4UBSandy Pluck Lane, ShurdingtonCheltenham£801,6663
GL51 6QEGrace GardensCheltenham£790,0559
GL51 4XAChargrove Villas, ShurdingtonCheltenham£766,0005

Least Expensive Streets in GL51 (Cheltenham)

PostcodeStreetAreaAverageNo. of Sales
GL51 9BYWaterloo StreetCheltenham£93,7005
GL51 8QAQueens Gate, Gloucester RoadCheltenham£106,0003
GL51 7NLOrchard Court, Orchard AvenueCheltenham£109,3333
GL51 6PXOakdene, Lansdown RoadCheltenham£112,76015
GL51 8LEArle AvenueCheltenham£113,2577
GL51 6QALefroy Court, Talbot RoadCheltenham£114,07819
GL51 0WAPilgrove WayCheltenham£119,1005
GL51 7SYCassin DriveCheltenham£122,2005
GL51 8NDStow Court, Gloucester RoadCheltenham£122,4619
GL51 9DXSt Peters CloseCheltenham£125,0559

Explore GL51 (Cheltenham) using map

Sell Your
House Fast
Property Auctions Cheltenham
Property Auctions Cheltenham
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark