Values have been changing and have risen £1,414 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,005 in last 6 months, £10,575 in last 1 year, £13,970 in last 2 years, £14,721 in last 3 years, £13,205 in last 4 years and £14,333 in last 5 years.
Currently average asking price of a property in Elm Street, Cheltenham, GL51 is around £231,188 based on approximately 2 properties for sale. Same is the case with rental options based on 114 properties up for rent, average asking rent is around £1,302 per month.
Estimated property value in Elm Street, Cheltenham, GL51 is £119,825. Average asking price is £231,188 while average price paid is £73,725 which is up by £10,575 and Avg. asking rent £1,302.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 Elm Street, Cheltenham, GL51 area. In last 1 year alone average price buyer paid is around £73,725 based on approximately 2 sales in Elm Street, Cheltenham, GL51 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £67,983. 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 £72,075 for 6 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £72,075 per sale.