Values have been changing and have risen £1,563 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,424 in last 6 months, £11,679 in last 1 year, £15,430 in last 2 years, £16,261 in last 3 years, £14,585 in last 4 years and £15,829 in last 5 years.
Currently average asking price of a property in Lee Close, Cheltenham, GL51 is around £231,188 based on approximately 1 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 Lee Close, Cheltenham, GL51 is £132,320. Average asking price is £231,188 while average price paid is £59,750 which is up by £11,679 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 Lee Close, Cheltenham, GL51 area. In last 1 year alone average price buyer paid is around £59,750 based on approximately 1 sales in Lee Close, Cheltenham, GL51 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £105,083. 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 £115,062 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £115,062 per sale.