Gotherington Lane, Bishops Cleeve, Cheltenham, GL52

Street Guide For Gotherington Lane, Bishops Cleeve, Cheltenham, GL52

 

Gotherington Lane, Bishops Cleeve, Cheltenham, GL52 Map

Estimated Price: £444,222
Average Asking Price: £344,205
Price change in last one year: £39,906
Average Price Paid: £314,322
Average Rent Rates: £985

 

Property Prices Breakdown in Gotherington Lane, Bishops Cleeve, Cheltenham, GL52

Average Price for property in Gotherington Lane, Bishops Cleeve, Cheltenham, GL52 is around £444,222 which varies based on type of property you are interested in and ranges from £597,981 for detached house to around £261,618 for semi-detached. Similarly terraced house is around £252,080. Values have been changing and have risen £3,774 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,680 in last 6 months, £39,906 in last 1 year, £52,493 in last 2 years, £52,857 in last 3 years, £50,563 in last 4 years and £52,494 in last 5 years.

Currently average asking price of a property in Gotherington Lane, Bishops Cleeve, Cheltenham, GL52 is around £344,205 based on approximately 10 properties for sale. Same is the case with rental options based on 141 properties up for rent, average asking rent is around £985 per month.

Estimated property value in Gotherington Lane, Bishops Cleeve, Cheltenham, GL52 is £444,222. Average asking price is £344,205 while average price paid is £309,398 which is up by £39,906 and Avg. asking rent £985.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 Gotherington Lane, Bishops Cleeve, Cheltenham, GL52 area. In last 1 year alone average price buyer paid is around £309,398 based on approximately 10 sales in Gotherington Lane, Bishops Cleeve, Cheltenham, GL52 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £305,232. 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 £314,322 for 17 and average amount paid for purchase of approx. 17 properties sold in last 7 years comes to about £314,322 per sale.

 
 

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 £124,255, £223,069 for a 2 bedroom house, £282,516 for a 3 bedroom house, £394,034 for a 4 bedroom house and £736,886 for a 5 bedroom house. For a flat similarly the prices varies from £108,176 for a single bedroom to £164,518 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £256,238 and £495,000 for a 4 bedroom flat. To sum up the asking prices for properties in Gotherington Lane, Bishops Cleeve, Cheltenham, GL52 it comes to around average £111,457 for 1 bedroom property, £194,174 for 2 bedroom, £281,186 for 3 bedroom, £395,346 for 4 bedroom and £736,886 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 £445 for 1 bedroom to £811 for 2 bedrooms, £1,147 for 3 bedrooms, £1,654 for 4 bedrooms and £1,867 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £634. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £819 and £1,440 for 3 bedroom. You should be generally be expecting around average £584 rent per month for single bedroom property, £816 for 2 bedroom, £1,213 for 3 bedroom, £1,654 for 4 bedroom and approximately £1,867 for a 5 bedroom property in Gotherington Lane, Bishops Cleeve, Cheltenham, GL52 area.

Popular Houses in Gotherington Lane, Bishops Cleeve, Cheltenham, GL52

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.

Areas in and around Gotherington Lane, Bishops Cleeve, Cheltenham, GL52