Meadoway, Bishops Cleeve, Cheltenham, GL52

Street Guide For Meadoway, Bishops Cleeve, Cheltenham, GL52

 

Meadoway, Bishops Cleeve, Cheltenham, GL52 Map

Estimated Price: £342,195
Average Asking Price: £344,205
Price change in last one year: £30,742
Average Price Paid: £221,875
Average Rent Rates: £985

 

Property Prices Breakdown in Meadoway, Bishops Cleeve, Cheltenham, GL52

Average Price for property in Meadoway, Bishops Cleeve, Cheltenham, GL52 is around £342,195 which varies based on type of property you are interested in and ranges from £873,302 for detached house to around £291,442 for semi-detached. Similarly terraced house is around £396,537. Values have been changing and have risen £2,907 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,687 in last 6 months, £30,742 in last 1 year, £40,440 in last 2 years, £40,723 in last 3 years, £38,957 in last 4 years and £40,446 in last 5 years.

Currently average asking price of a property in Meadoway, Bishops Cleeve, Cheltenham, GL52 is around £344,205 based on approximately 1 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 Meadoway, Bishops Cleeve, Cheltenham, GL52 is £342,195. Average asking price is £344,205 while average price paid is £230,000 which is up by £30,742 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 Meadoway, Bishops Cleeve, Cheltenham, GL52 area. In last 1 year alone average price buyer paid is around £230,000 based on approximately 1 sales in Meadoway, Bishops Cleeve, Cheltenham, GL52 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £221,875. 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 £221,875 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £222,875 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 £124,733, £224,480 for a 2 bedroom house, £281,918 for a 3 bedroom house, £393,442 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 Meadoway, Bishops Cleeve, Cheltenham, GL52 it comes to around average £111,280 for 1 bedroom property, £195,268 for 2 bedroom, £280,650 for 3 bedroom, £394,761 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 Meadoway, Bishops Cleeve, Cheltenham, GL52 area.

Popular Houses in Meadoway, 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 Meadoway, Bishops Cleeve, Cheltenham, GL52