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House Prices in GL8

The average house price in GL8 (Tetbury) is £540,000 using HM Land Registry data.

The average property price increased by £152,096 (17.21%) over the last 5 years and increased by £30,406 (2.76%) over the last 12 months.

Over the last year, there were 138 residential property sales – a decrease of 35 transactions (-25.36%) relative to the previous year. The majority of house sales (42) were in the £328,000 - £476,000 range. Then came properties in the £180,000 - £328,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 44 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,888 (-1%).

In June 2024, there were 25 new estate agency instructions, 21 agreed home sales and 14 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.

Property Market Heat Gauge for GL8 (Tetbury) - 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
27 Charlton Road, Tetbury, Gloucestershire, GL8 8DX	£215,000	£190,000	-£25,000	10 Nov 2023	03 May 2024	175 Days
10 The Sunground, Avening, Tetbury, Gloucestershire, GL8 8NW	£129,950	£120,000	-£9,950	05 Sep 2023	30 Apr 2024	238 Days
53 London Road, Tetbury, Gloucestershire, GL8 8HR	£399,950	£397,500	-£2,450	05 Feb 2024	11 Apr 2024	66 Days
9 Beech Tree Gardens, Tetbury, Gloucestershire, GL8 8TR	£275,000	£271,000	-£4,000	26 Jun 2023	11 Apr 2024	290 Days
21 Close Gardens, Tetbury, Gloucestershire, GL8 8DU	£395,000	£388,000	-£7,000	19 Sep 2023	18 Mar 2024	181 Days
57 The Sunground, Avening, Tetbury, Gloucestershire, GL8 8NW	£225,000	£225,000	£00	21 Nov 2023	05 Mar 2024	105 Days
13 Gumstool Hill, Tetbury, Gloucestershire, GL8 8DG	£425,000	£410,000	-£15,000	11 Dec 2023	01 Mar 2024	81 Days
Billbrook, Nags Head Lane, Avening, Tetbury, Gloucestershire, GL8 8NZ	£995,000	£935,000	-£60,000	17 Aug 2023	01 Mar 2024	197 Days
52 Sandford Leaze, Avening, Tetbury, Gloucestershire, GL8 8PB	£375,000	£360,000	-£15,000	15 Sep 2023	29 Feb 2024	167 Days
25 Springfields, Tetbury, Gloucestershire, GL8 8EN	£1,100,000	£1,100,000	£00	22 Oct 2023	20 Feb 2024	121 Days
55 Church Street, Tetbury, Gloucestershire, GL8 8JG	£595,000	£595,000	£00	17 Nov 2023	09 Feb 2024	84 Days
29 Magdalen Road, Tetbury, Gloucestershire, GL8 8LG	£440,000	£430,000	-£10,000	07 Nov 2023	31 Jan 2024	85 Days
19 The Chipping, Tetbury, Gloucestershire, GL8 8EU	£1,250,000	£1,182,000	-£68,000	07 Jul 2023	18 Jan 2024	195 Days
18 Close Gardens, Tetbury, Gloucestershire, GL8 8DU	£495,000	£457,500	-£37,500	09 Aug 2023	10 Jan 2024	154 Days
44 Sandford Leaze, Avening, Tetbury, Gloucestershire, GL8 8PB	£300,000	£290,000	-£10,000	12 Oct 2023	08 Jan 2024	88 Days
High Gables, Point Road, Avening, Tetbury, Gloucestershire, GL8 8LY	£425,000	£420,000	-£5,000	28 Sep 2023	19 Dec 2023	82 Days
12 Windsor Road, Tetbury, Gloucestershire, GL8 8JY	£250,000	£250,000	£00	12 Sep 2023	15 Dec 2023	94 Days
10 Sandford Leaze, Avening, Tetbury, Gloucestershire, GL8 8PB	£450,000	£435,000	-£15,000	06 Jul 2023	08 Dec 2023	155 Days
Close House, Close Gardens, Tetbury, Gloucestershire, GL8 8DU	£995,000	£995,000	£00	11 Aug 2023	06 Dec 2023	117 Days
2 High Street, Avening, Tetbury, Gloucestershire, GL8 8LU	£635,000	£610,000	-£25,000	27 Jun 2023	04 Dec 2023	160 Days

Most Expensive Streets in GL8 (Tetbury)

Postcode	Street	Area	Average	No. of Sales
GL8 8QH	Westonbirt	Tetbury	£1,096,500	5
GL8 8LP	Upton	Tetbury	£883,333	3
GL8 8QU	Willesley	Tetbury	£837,150	4
GL8 8NE	West End, Avening	Tetbury	£811,250	4
GL8 8ED	Berrells Road	Tetbury	£808,000	5
GL8 8EB	Cutwell	Tetbury	£791,150	4
GL8 8ET	The Chipping	Tetbury	£783,825	10
GL8 8FS	Holly Close	Tetbury	£783,333	3
GL8 8EN	Springfields	Tetbury	£780,000	4
GL8 8PN	The Street, Shipton Moyne	Tetbury	£761,666	3

Least Expensive Streets in GL8 (Tetbury)

Postcode	Street	Area	Average	No. of Sales
GL8 8ES	Dobson Court, Chipping Street, Tetbury	Tetbury	£120,250	4
GL8 8DE	Five Trees Close	Tetbury	£160,166	3
GL8 8NW	Sunground, Avening	Tetbury	£203,555	9
GL8 8FF	Glovers Way	Tetbury	£216,500	4
GL8 8DD	Market Place	Tetbury	£218,727	11
GL8 8RQ	Suffolk Close	Tetbury	£222,875	4
GL8 8LQ	Combers End	Tetbury	£233,333	3
GL8 8GW	Lewsey Court, Mercer Way	Tetbury	£239,920	16
GL8 8LW	Longtree Close	Tetbury	£245,267	15
GL8 8LN	Longtree Close	Tetbury	£255,666	3