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 GL2

House Prices in GL2 House Prices in GL2 (Gloucester)

The average house price in GL2 (Gloucester) is £250,363 using HM Land Registry data.

The average property price increased by £82,978 (30.86%) over the last 5 years and increased by £16,588 (4.51%) over the last 12 months.

Over the last year, there were 652 residential property sales – a decrease of 392 transactions (-60.12%) relative to the previous year. The majority of house sales (154) were in the £226,000 - £282,000 range. Then came properties in the £170,000 - £226,000 range, where 117 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,131 (-2%).

In June 2024, there were 118 new estate agency instructions, 112 agreed home sales and 75 property price reductions.

Nearby Postcodes: BS35, BS37, GL1, GL10, GL11, GL12, GL13, GL14, GL15, GL16, GL17, GL18, GL19, GL20, GL3, GL4, GL5, GL50, GL51, GL52, GL53, GL54, GL6, GL8, GL9, HR8, HR9, NP16, NP25, WR10, WR11, WR13, WR8

5-Year Average Property Prices in GL2 (Gloucester)

30.86%

Property prices in Gloucester increased by 30.86% 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 GL2 (Gloucester) Over the Last Year

4.51%

Property prices in Gloucester increased by 4.51% 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 GL2 (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 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 GL2 (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 GL2 (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 GL2 (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 GL2 (Gloucester) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the GL2 postcode area since 1995.

Recent Sales in GL2 (Gloucester)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Gilbert Road, Longlevens, Gloucester, Gloucestershire, GL2 0TR£319,950£312,500-£7,45002 Feb 202417 May 2024105 Days
Little Orchard, Overton Lane, Arlingham, Gloucester, Gloucestershire, GL2 7JJ£950,000£921,400-£28,60011 Sep 202317 May 2024249 Days
14 Braeburn Close, Longlevens, Gloucester, Gloucestershire, GL2 0NS£600,000£600,000£0016 Nov 202301 May 2024167 Days
3 Digby Green Kingsway, Quedgeley, Gloucester, Gloucestershire, GL2 2BW£270,000£260,000-£10,00028 Oct 202330 Apr 2024185 Days
19 Poplar Way, Hardwicke, Gloucester, Gloucestershire, GL2 4QG£270,000£265,000-£5,00020 Dec 202326 Apr 2024128 Days
17 Betjeman Close, Gloucester, Gloucestershire, GL2 5BP£285,000£277,000-£8,00020 Jul 202322 Apr 2024277 Days
Goreway Cottage, Arlingham Road, Saul, Gloucester, Gloucestershire, GL2 7JE£725,000£657,000-£68,00022 Sep 202318 Apr 2024209 Days
82 Overbrook Road, Hardwicke, Gloucester, Gloucestershire, GL2 4RX£160,000£155,000-£5,00027 Jan 202412 Apr 202476 Days
31 Windermere Road, Gloucester, Gloucestershire, GL2 0LZ£325,000£317,500-£7,50026 Dec 202312 Apr 2024108 Days
1 Windermere Road, Gloucester, Gloucestershire, GL2 0NH£350,000£350,000£0010 Nov 202211 Apr 2024518 Days
20 Severn Oaks, Quedgeley, Gloucester, Gloucestershire, GL2 4YX£250,000£250,000£0029 Oct 202308 Apr 2024162 Days
25 Turnstone Drive, Quedgeley, Gloucester, Gloucestershire, GL2 4XA£350,000£340,000-£10,00017 Oct 202328 Mar 2024163 Days
67 Water Meadow, Quedgeley, Gloucester, Gloucestershire, GL2 4XR£200,000£192,500-£7,50022 Nov 202328 Mar 2024127 Days
11 Kinloss Drive Kingsway, Quedgeley, Gloucester, Gloucestershire, GL2 2BL£280,000£280,000£0012 Dec 202328 Mar 2024107 Days
20 Cherry Close, Hardwicke, Gloucester, Gloucestershire, GL2 4YF£175,000£175,000£0004 Dec 202327 Mar 2024114 Days
8 Hadow Way, Quedgeley, Gloucester, Gloucestershire, GL2 4YJ£225,000£205,000-£20,00014 Nov 202320 Mar 2024127 Days
107a, Tewkesbury Road, Longford, Gloucester, Gloucestershire, GL2 9BN£375,000£350,000-£25,00008 Mar 202319 Mar 2024377 Days
13 Millers Dyke, Quedgeley, Gloucester, Gloucestershire, GL2 4XB£170,000£167,500-£2,50019 Dec 202318 Mar 202490 Days
12 Garlandstone Walk, Hempsted, Gloucester, Gloucestershire, GL2 5DS£210,000£205,000-£5,00027 Nov 202315 Mar 2024109 Days
12 Dane Close, Longlevens, Gloucester, Gloucestershire, GL2 0UA£260,000£255,000-£5,00024 Nov 202315 Mar 2024112 Days

Most Expensive Streets in GL2 (Gloucester)

PostcodeStreetAreaAverageNo. of Sales
GL2 8EDWhitehall Lane, RudfordGloucester£855,0004
GL2 9QBDown Hatherley Lane, Down HatherleyGloucester£782,0004
GL2 9GJWalnut Gardens, NortonGloucester£736,2005
GL2 8BGLake Lane, ChurchamGloucester£718,3333
GL2 9LNWainlode Lane, NortonGloucester£706,6663
GL2 7LGPriding, SaulGloucester£697,5004
GL2 9GZBirch Drive, NortonGloucester£677,7779
GL2 7EDThe Street, Frampton On SevernGloucester£677,2147
GL2 8JWMinsterworthGloucester£662,3333
GL2 9NPSandhurst Lane, SandhurstGloucester£651,5316

Least Expensive Streets in GL2 (Gloucester)

PostcodeStreetAreaAverageNo. of Sales
GL2 2DTBoddington Drive Kingsway, QuedgeleyGloucester£63,0003
GL2 5SBBurrows CloseGloucester£68,1479
GL2 2JDBromley Road Kingsway, QuedgeleyGloucester£80,9374
GL2 0XUMelody Way, LonglevensGloucester£94,3754
GL2 2BNHeadley Court Kingsway, QuedgeleyGloucester£100,0004
GL2 2JLBooth Way, QuedgeleyGloucester£116,7504
GL2 4TRCheviot Close, QuedgeleyGloucester£122,1663
GL2 4RZOverbrook Road, HardwickeGloucester£122,69213
GL2 4WQFieldcourt Farmhouse, QuedgeleyGloucester£127,1878
GL2 4DPElmgrove Court, Elmgrove Road EastGloucester£127,95411

Explore GL2 (Gloucester) using map

Sell Your
House Fast
Property Auctions Gloucestershire
Property Auctions Gloucestershire
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