You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in GL12

House Prices in GL12

The average house price in GL12 (Wotton-Under-Edge) is £320,000 using HM Land Registry data.

The average property price increased by £81,356 (21.63%) over the last 5 years and increased by £16,264 (3.36%) over the last 12 months.

Over the last year, there were 116 residential property sales – a decrease of 11 transactions (-9.48%) relative to the previous year. The majority of house sales (34) were in the £306,000 - £382,000 range. Then came properties in the £230,000 - £306,000 range, where 19 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 89 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-21,680 (-5%).

In June 2024, there were 26 new estate agency instructions, 29 agreed home sales and 11 property price reductions.

5-Year Average Property Prices in GL12 (Wotton-Under-Edge)

21.63%

Property prices in Wotton-Under-Edge increased by 21.63% 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 GL12 (Wotton-Under-Edge) Over the Last Year

3.36%

Property prices in Wotton-Under-Edge increased by 3.36% 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 GL12 (Wotton-Under-Edge) - 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 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 GL12 (Wotton-Under-Edge)

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 GL12 (Wotton-Under-Edge)

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 GL12 (Wotton-Under-Edge)

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 GL12 (Wotton-Under-Edge) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the GL12 postcode area since 1995.

Recent Sales in GL12 (Wotton-Under-Edge)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
32 Knapp Road, Synwell, Wotton-under-edge, Gloucestershire, GL12 7HN	£245,000	£235,000	-£10,000	07 Nov 2023	10 May 2024	185 Days
Southview, Jubilee Lane, Cromhall, Wotton-under-edge, South Gloucestershire, GL12 8AU	£1,295,000	£1,295,000	£00	02 Nov 2023	23 Apr 2024	173 Days
3 Itchington Road, Tytherington, Wotton-under-edge, South Gloucestershire, GL12 8QE	£379,950	£360,000	-£19,950	25 Aug 2023	19 Apr 2024	238 Days
13 Farm Lees, Charfield, Wotton-under-edge, South Gloucestershire, GL12 8JA	£475,000	£473,000	-£2,000	20 Oct 2023	25 Jan 2024	97 Days
46 Court Orchard, Wotton-under-edge, Gloucestershire, GL12 7JE	£325,000	£325,000	£00	01 Oct 2023	12 Jan 2024	103 Days
7 Water Lane, Wotton-under-edge, Gloucestershire, GL12 7LG	£310,000	£295,000	-£15,000	31 Jul 2023	20 Dec 2023	142 Days
23 Woodlands Road, Charfield, Wotton-under-edge, South Gloucestershire, GL12 8LT	£339,950	£337,500	-£2,450	04 Oct 2023	19 Dec 2023	76 Days
54 Bearlands, Wotton-under-edge, Gloucestershire, GL12 7SB	£295,000	£283,000	-£12,000	02 Oct 2023	19 Dec 2023	78 Days
22 Bearlands, Wotton-under-edge, Gloucestershire, GL12 7SF	£199,950	£197,500	-£2,450	18 Jul 2023	19 Dec 2023	154 Days
10 Church Avenue, Falfield, Wotton-under-edge, South Gloucestershire, GL12 8BY	£350,000	£335,000	-£15,000	25 Jul 2023	15 Dec 2023	143 Days
4 Crow Meadow, Kingswood, Wotton-under-edge, Gloucestershire, GL12 8RX	£240,000	£240,000	£00	25 Aug 2023	15 Dec 2023	112 Days
Bethell House, Worlds End Lane, Synwell, Wotton-under-edge, Gloucestershire, GL12 7HD	£1,000,000	£1,000,000	£00	14 Aug 2023	14 Dec 2023	122 Days
3 Arkells Court, Wickwar, Wotton-under-edge, South Gloucestershire, GL12 8PL	£550,000	£522,000	-£28,000	27 Mar 2023	17 Nov 2023	235 Days
8a, Orchard Street, Wotton-under-edge, Gloucestershire, GL12 7EZ	£649,950	£612,000	-£37,950	07 Jul 2023	16 Nov 2023	132 Days
8 Woodlands, Tytherington, Wotton-under-edge, South Gloucestershire, GL12 8UJ	£290,000	£282,000	-£8,000	23 Jun 2023	10 Nov 2023	140 Days
79 Woodlands Road, Charfield, Wotton-under-edge, South Gloucestershire, GL12 8LT	£245,000	£240,000	-£5,000	26 Jul 2023	03 Nov 2023	100 Days
38 Gloucester Street, Wotton-under-edge, Gloucestershire, GL12 7DN	£325,000	£315,000	-£10,000	02 May 2023	01 Nov 2023	183 Days
104 Woodlands Road, Charfield, Wotton-under-edge, South Gloucestershire, GL12 8LS	£360,000	£345,000	-£15,000	05 Jun 2023	01 Nov 2023	149 Days
13 New Street, Charfield, Wotton-under-edge, South Gloucestershire, GL12 8ES	£390,000	£390,000	£00	08 Aug 2023	27 Oct 2023	80 Days
Old Farm, New Road, Wotton-under-edge, Gloucestershire, GL12 8JW	£925,000	£915,000	-£10,000	17 Apr 2023	19 Oct 2023	185 Days

Most Expensive Streets in GL12 (Wotton-Under-Edge)

Postcode	Street	Area	Average	No. of Sales
GL12 8LB	West End, Wickwar	Wotton-Under-Edge	£891,666	3
GL12 8UG	Baden Hill Road, Tytherington	Wotton-Under-Edge	£841,666	3
GL12 7BA	Merlin Haven, Wotton-under-edge	Wotton-Under-Edge	£744,999	5
GL12 8UQ	West Street, Tytherington	Wotton-Under-Edge	£718,500	3
GL12 8DQ	Sundayshill Lane, Falfield	Wotton-Under-Edge	£671,244	3
GL12 8BD	Bagstone Road, Bagstone	Wotton-Under-Edge	£661,287	5
GL12 8LH	Charfield Hill, Charfield	Wotton-Under-Edge	£593,333	3
GL12 8HX	The Drive, Charfield	Wotton-Under-Edge	£590,000	3
GL12 7AD	The Chipping, Wotton-under-edge	Wotton-Under-Edge	£561,083	3
GL12 8AY	Cowship Lane, Cromhall	Wotton-Under-Edge	£548,796	3

Least Expensive Streets in GL12 (Wotton-Under-Edge)

Postcode	Street	Area	Average	No. of Sales
GL12 7JL	Katharine Lady Berkeley Mews, School Road	Wotton-Under-Edge	£135,500	6
GL12 8RX	Crow Meadow, Kingswood	Wotton-Under-Edge	£190,583	6
GL12 7JD	Durns Road, Wotton-under-edge	Wotton-Under-Edge	£191,350	6
GL12 7DF	Bear Street, Wotton-under-edge	Wotton-Under-Edge	£198,000	3
GL12 7SF	Bearlands, Wotton-under-edge	Wotton-Under-Edge	£202,500	3
GL12 7EX	Clarence Road, Wotton-under-edge	Wotton-Under-Edge	£203,125	4
GL12 7HG	The Cloud, Wotton-under-edge	Wotton-Under-Edge	£206,333	3
GL12 8RZ	Walk Mill Lane, Kingswood	Wotton-Under-Edge	£210,333	6
GL12 8UD	Willow Close, Charfield	Wotton-Under-Edge	£214,750	4
GL12 7DE	High Street, Wotton-under-edge	Wotton-Under-Edge	£220,000	3