House Prices in GL8 House Prices in GL8 (Tetbury)

The average house price in GL8 (Tetbury) is £406,600 using HM Land Registry data.

The average property price increased by £138,054 (17.21%) over the last 5 years and increased by £27,662 (2.76%) over the last 12 months.

Over the last year, there were 119 residential property sales – a decrease of 32 transactions (-26.89%) relative to the previous year. The majority of house sales (34) were in the £340,000 - £490,000 range. Then came properties in the £190,000 - £340,000 range, where 26 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 110 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,888 (-1%).

In Oct 24, there were 27 new estate agency instructions, 9 agreed home sales and 15 property price reductions.

5-Year Average Property Prices in GL8 (Tetbury)

17.21%

Property prices in Tetbury increased by 17.21% 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 GL8 (Tetbury) Over the Last Year

2.76%

Property prices in Tetbury increased by 2.76% 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 GL8 (Tetbury) - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 GL8 (Tetbury)

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 GL8 (Tetbury)

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 GL8 (Tetbury)

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 GL8 (Tetbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the GL8 postcode area since 1995.

Recent Sales in GL8 (Tetbury)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
8 Cotswold Close, Tetbury, Gloucestershire, GL8 8RD£750,000£727,500-£22,50015 Mar 202414 Aug 2024152 Days
24 Hardie Close, Tetbury, Gloucestershire, GL8 8FA£99,000£99,000£0002 Mar 202403 Jul 2024123 Days
6 Lowfield Road, Tetbury, Gloucestershire, GL8 8AP£320,000£315,000-£5,00006 Feb 202314 Jun 2024494 Days
14 Hardie Close, Tetbury, Gloucestershire, GL8 8FA£155,000£140,000-£15,00010 Oct 202310 May 2024213 Days
27 Charlton Road, Tetbury, Gloucestershire, GL8 8DX£215,000£190,000-£25,00010 Nov 202303 May 2024175 Days
10 The Sunground, Avening, Tetbury, Gloucestershire, GL8 8NW£129,950£120,000-£9,95005 Sep 202330 Apr 2024238 Days
53 London Road, Tetbury, Gloucestershire, GL8 8HR£399,950£397,500-£2,45005 Feb 202411 Apr 202466 Days
9 Beech Tree Gardens, Tetbury, Gloucestershire, GL8 8TR£275,000£271,000-£4,00026 Jun 202311 Apr 2024290 Days
20 Wisteria Road, Tetbury, Gloucestershire, GL8 8LB£370,000£335,000-£35,00003 Jul 202311 Apr 2024283 Days
21 Close Gardens, Tetbury, Gloucestershire, GL8 8DU£395,000£388,000-£7,00019 Sep 202318 Mar 2024181 Days
11 Pound Hill, Avening, Tetbury, Gloucestershire, GL8 8LZ£550,000£525,000-£25,00008 Sep 202308 Mar 2024182 Days
57 The Sunground, Avening, Tetbury, Gloucestershire, GL8 8NW£225,000£225,000£0021 Nov 202305 Mar 2024105 Days
13 Gumstool Hill, Tetbury, Gloucestershire, GL8 8DG£425,000£410,000-£15,00011 Dec 202301 Mar 202481 Days
Billbrook, Nags Head Lane, Avening, Tetbury, Gloucestershire, GL8 8NZ£995,000£935,000-£60,00017 Aug 202301 Mar 2024197 Days
52 Sandford Leaze, Avening, Tetbury, Gloucestershire, GL8 8PB£375,000£360,000-£15,00015 Sep 202329 Feb 2024167 Days
25 Springfields, Tetbury, Gloucestershire, GL8 8EN£1,100,000£1,100,000£0022 Oct 202320 Feb 2024121 Days
55 Church Street, Tetbury, Gloucestershire, GL8 8JG£595,000£595,000£0017 Nov 202309 Feb 202484 Days
29 Magdalen Road, Tetbury, Gloucestershire, GL8 8LG£440,000£430,000-£10,00007 Nov 202331 Jan 202485 Days
19 The Chipping, Tetbury, Gloucestershire, GL8 8EU£1,250,000£1,182,000-£68,00007 Jul 202318 Jan 2024195 Days
18 Close Gardens, Tetbury, Gloucestershire, GL8 8DU£495,000£457,500-£37,50009 Aug 202310 Jan 2024154 Days

Most Expensive Streets in GL8 (Tetbury)

PostcodeStreetAreaAverageNo. of Sales
GL8 8QHWestonbirtTetbury£1,096,5005
GL8 8XYKingscoteTetbury£999,7586
GL8 8LPUptonTetbury£883,3333
GL8 8PNThe Street, Shipton MoyneTetbury£871,2504
GL8 8QUWillesleyTetbury£837,1504
GL8 8NEWest End, AveningTetbury£811,2504
GL8 8EDBerrells RoadTetbury£808,0005
GL8 8EBCutwellTetbury£791,1504
GL8 8ETThe ChippingTetbury£783,82510
GL8 8ENSpringfieldsTetbury£780,0004

Least Expensive Streets in GL8 (Tetbury)

PostcodeStreetAreaAverageNo. of Sales
GL8 8ESDobson Court, Chipping Street, TetburyTetbury£121,2005
GL8 8DEFive Trees CloseTetbury£160,1663
GL8 8NWSunground, AveningTetbury£208,6258
GL8 8DDMarket PlaceTetbury£218,72711
GL8 8FFGlovers WayTetbury£227,2147
GL8 8GWLewsey Court, Mercer WayTetbury£233,06216
GL8 8LWLongtree CloseTetbury£240,73113
GL8 8FLHatter CloseTetbury£264,7005
GL8 8TRBeech Tree GardensTetbury£275,7504
GL8 8PGHelena Court, Hampton Street, TetburyTetbury£282,9105

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