Average Price for property in Commercial Road, Gloucester, GL1 is around £137,139 which varies based on type of property you are interested in and ranges from £126,400 for semi-detached to around £137,139 for a flat. Values have been changing and have risen £1,210 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,291 in last 6 months, £14,203 in last 1 year, £17,592 in last 2 years, £17,831 in last 3 years, £17,248 in last 4 years and £15,656 in last 5 years.
Currently average asking price of a property in Commercial Road, Gloucester, GL1 is around £149,396 based on approximately 3 properties for sale. Same is the case with rental options based on 203 properties up for rent, average asking rent is around £1,081 per month.
Estimated property value in Commercial Road, Gloucester, GL1 is £137,139. Average asking price is £149,396 while average price paid is £123,833 which is up by £14,203 and Avg. asking rent £1,081.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Commercial Road, Gloucester, GL1 area. In last 1 year alone average price buyer paid is around £123,833 based on approximately 3 sales in Commercial Road, Gloucester, GL1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £127,875. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £127,000 for 6 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £98,970 per sale.