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House Prices in GL52 House Prices in GL52 (Cheltenham)

The average house price in GL52 (Cheltenham) is £467,728 using HM Land Registry data.

The average property price increased by £87,513 (22.64%) over the last 5 years and increased by £17,495 (3.49%) over the last 12 months.

Over the last year, there were 589 residential property sales – a decrease of 289 transactions (-49.07%) relative to the previous year. The majority of house sales (169) were in the £276,000 - £382,000 range. Then came properties in the £170,000 - £276,000 range, where 127 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,123 (-2%).

In June 2024, there were 144 new estate agency instructions, 115 agreed home sales and 76 property price reductions.

Nearby Postcodes: GL19, GL2, GL20, GL3, GL4, GL50, GL51, GL53, GL54, GL56, GL6, GL7, OX18, OX7, WR10, WR11, WR12, WR13, WR8

5-Year Average Property Prices in GL52 (Cheltenham)

22.64%

Property prices in Cheltenham increased by 22.64% 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 GL52 (Cheltenham) Over the Last Year

3.49%

Property prices in Cheltenham increased by 3.49% 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 GL52 (Cheltenham) - 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 GL52 (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 GL52 (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 GL52 (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 GL52 (Cheltenham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the GL52 postcode area since 1995.

Recent Sales in GL52 (Cheltenham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
5 Brighton Road, Cheltenham, Gloucestershire, GL52 6BA£625,000£610,000-£15,00024 Jan 202407 May 2024104 Days
75 Bouncers Lane, Prestbury, Cheltenham, Gloucestershire, GL52 5JB£725,000£705,000-£20,00026 Oct 202303 May 2024190 Days
41 Delabere Road, Bishops Cleeve, Cheltenham, Gloucestershire, GL52 8AN£400,000£400,000£0008 Nov 202301 May 2024175 Days
50 Cleeve View Road, Cheltenham, Gloucestershire, GL52 5NH£280,000£272,000-£8,00019 Jan 202326 Apr 2024463 Days
25 Castlefields Road, Charlton Kings, Cheltenham, Gloucestershire, GL52 6YW£420,000£415,000-£5,00015 Jul 202326 Apr 2024286 Days
295 London Road, Charlton Kings, Cheltenham, Gloucestershire, GL52 6YY£575,000£550,000-£25,00029 Aug 202322 Apr 2024237 Days
4 Selkirk Street, Cheltenham, Gloucestershire, GL52 2HH£750,000£750,000£0022 Sep 202318 Apr 2024209 Days
14 South View Way, Prestbury, Cheltenham, Gloucestershire, GL52 5BH£400,000£394,600-£5,40018 Mar 202404 Apr 202417 Days
18 Windsor Street, Cheltenham, Gloucestershire, GL52 2DE£625,000£610,000-£15,00002 Sep 202303 Apr 2024214 Days
11 Albert Drive, Cheltenham, Gloucestershire, GL52 3JH£795,000£770,000-£25,00024 Nov 202303 Apr 2024131 Days
17 Sidney Street, Cheltenham, Gloucestershire, GL52 6DJ£280,000£275,000-£5,00005 Dec 202328 Mar 2024114 Days
28 Fairview Close, Cheltenham, Gloucestershire, GL52 2LB£325,000£320,000-£5,00022 Dec 202325 Mar 202494 Days
3 Beaufort Road, Charlton Kings, Cheltenham, Gloucestershire, GL52 6JS£380,000£365,000-£15,00027 Aug 202321 Mar 2024207 Days
18 Willow Park Drive, Bishops Cleeve, Cheltenham, Gloucestershire, GL52 8XD£500,000£495,000-£5,00022 Sep 202319 Mar 2024179 Days
5 Glenfall Street, Cheltenham, Gloucestershire, GL52 2JA£295,000£290,000-£5,00018 Sep 202318 Mar 2024182 Days
10 Joyford Passage, Cheltenham, Gloucestershire, GL52 5GD£280,000£275,000-£5,00029 Jan 202415 Mar 202446 Days
36 High Street, Prestbury, Cheltenham, Gloucestershire, GL52 3AU£375,000£340,000-£35,00015 Sep 202311 Mar 2024178 Days
36 Studland Drive, Prestbury, Cheltenham, Gloucestershire, GL52 5BT£450,000£420,000-£30,00016 Oct 202311 Mar 2024147 Days
8 Albert Place, Cheltenham, Gloucestershire, GL52 2HW£665,000£633,750-£31,25024 Aug 202304 Mar 2024193 Days
15 Oakhurst Rise, Cheltenham, Gloucestershire, GL52 6JU£280,000£267,500-£12,50017 Oct 202301 Mar 2024136 Days

Most Expensive Streets in GL52 (Cheltenham)

PostcodeStreetAreaAverageNo. of Sales
GL52 6NYBirchley Road, BattledownCheltenham£1,738,7504
GL52 6QEAshley Road, Charlton KingsCheltenham£1,696,6673
GL52 3BHLake Street, PrestburyCheltenham£1,491,6663
GL52 6FDSovereign View, Charlton KingsCheltenham£1,466,6666
GL52 6NHHam Road, Charlton KingsCheltenham£1,425,0005
GL52 6PAOakley Road, BattledownCheltenham£1,407,3333
GL52 6DRPriory StreetCheltenham£1,166,3754
GL52 3QDLye Lane, Cleeve HillCheltenham£1,135,4254
GL52 6EGSydenham Villas RoadCheltenham£1,135,0004
GL52 3NFMill Lane, PrestburyCheltenham£1,106,2504

Least Expensive Streets in GL52 (Cheltenham)

PostcodeStreetAreaAverageNo. of Sales
GL52 3LYRushy MewsCheltenham£69,7504
GL52 2QBHomespring House, Pittville Circus RoadCheltenham£87,9378
GL52 2LFTom Price CloseCheltenham£92,1007
GL52 2QQWestbourne House, Westbourne DriveCheltenham£95,6666
GL52 3HSWelland CourtCheltenham£107,7005
GL52 6DABerkeley Court, High Street, CheltenhamCheltenham£113,63611
GL52 3NABushel CloseCheltenham£120,5004
GL52 5JEPrestbury Lodge, Chiltern RoadCheltenham£132,7004
GL52 2SGGrosvenor StreetCheltenham£133,9059
GL52 7YFPalm Court, Ruby AvenueCheltenham£134,5005

Explore GL52 (Cheltenham) using map

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