Gloucester

Area Guide For Gloucester

Gloucester is a historically rich town with modern amenities and a thriving atmosphere full of energy and adventure. There is plenty to be explored here, with a varied mix of architecture, including Norman, Roman and Victorian constructs. There is no shortage of good eating and drinking places either, and there are plenty of entertainment options to keep residents and visitors busy. There is also the classic English charm, a large park, several museums and a lot of events held every year. Transport is mainly handled by the bus network and trains while shopping is not a problem either with the high street nearby.

 
 

Gloucester Map

Estimated Price: £213,085
Average Asking Price: £266,942
Price change in last one year: £16,909
Average Price Paid: £175,077
Average Rent Rates: £915

 
 

Property Prices Breakdown in Gloucester

Average Price for property in Gloucester is around £213,085 which varies based on type of property you are interested in and ranges from £326,657 for detached house to around £194,658 for semi-detached. Similarly terraced house is around £148,640 and a flat is worth £121,965. Values have been changing and have risen £156 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £150 in last 6 months, £16,909 in last 1 year, £23,081 in last 2 years, £29,335 in last 3 years, £28,472 in last 4 years and £23,963 in last 5 years.

Currently average asking price of a property in Gloucester is around £266,942 based on approximately 2,750 properties for sale. Same is the case with rental options based on 393 properties up for rent, average asking rent is around £915 per month.

Estimated property value in Gloucester is £213,085. Average asking price is £266,942 while average price paid is £184,270 which is up by £16,909 and Avg. asking rent £915.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 Gloucester area. In last 1 year alone average price buyer paid is around £184,270 based on approximately 2,750 sales in Gloucester area alone. If you compare it to last 3 years sales of 7,886 properties where buyers paid around £177,553. 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 £175,077 for 12,457 and average amount paid for purchase of approx. 16,904 properties sold in last 7 years comes to about £172,693 per sale.

 
 

Properties For Sale in Gloucester

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £99,838, £134,638 for a 2 bedroom house, £214,227 for a 3 bedroom house, £345,839 for a 4 bedroom house and £427,013 for a 5 bedroom house. For a flat similarly the prices varies from £84,119 for a single bedroom to £118,196 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £142,490 and £199,950 for a 4 bedroom flat. To sum up the asking prices for properties in Gloucester it comes to around average £87,892 for 1 bedroom property, £128,189 for 2 bedroom, £213,088 for 3 bedroom, £345,350 for 4 bedroom and £427,013 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £468 for 1 bedroom to £606 for 2 bedrooms, £736 for 3 bedrooms, £1,040 for 4 bedrooms and £1,677 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £438. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £566 and £650 for 3 bedroom. You should be generally be expecting around average £450 rent per month for single bedroom property, £580 for 2 bedroom, £734 for 3 bedroom, £1,040 for 4 bedroom and approximately £1,677 for a 5 bedroom property in Gloucester area.

Popular Houses in Gloucester

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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