Old Gloucester Road, Cheltenham, GL51

Street Guide For Old Gloucester Road, Cheltenham, GL51

 

Old Gloucester Road, Cheltenham, GL51 Map

Estimated Price: £226,127
Average Asking Price: £231,188
Price change in last one year: £19,952
Average Price Paid: £162,125
Average Rent Rates: £1,302

 

Property Prices Breakdown in Old Gloucester Road, Cheltenham, GL51

Average Price for property in Old Gloucester Road, Cheltenham, GL51 is around £226,127 which varies based on type of property you are interested in and ranges from £225,498 for semi-detached to around £226,520 for terraced house. Values have been changing and have risen £2,668 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,556 in last 6 months, £19,952 in last 1 year, £26,356 in last 2 years, £27,773 in last 3 years, £24,905 in last 4 years and £27,024 in last 5 years.

Currently average asking price of a property in Old Gloucester Road, 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 Old Gloucester Road, Cheltenham, GL51 is £226,127. Average asking price is £231,188 while average price paid is £161,500 which is up by £19,952 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 Old Gloucester Road, Cheltenham, GL51 area. In last 1 year alone average price buyer paid is around £161,500 based on approximately 2 sales in Old Gloucester Road, Cheltenham, GL51 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £162,125. 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 £162,125 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £165,690 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 £78,317, £189,212 for a 2 bedroom house, £255,229 for a 3 bedroom house, £324,789 for a 4 bedroom house and £428,619 for a 5 bedroom house. For a flat similarly the prices varies from £128,492 for a single bedroom to £137,529 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £218,736. To sum up the asking prices for properties in Old Gloucester Road, Cheltenham, GL51 it comes to around average £124,191 for 1 bedroom property, £156,264 for 2 bedroom, £252,755 for 3 bedroom, £324,789 for 4 bedroom and £428,619 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 £431 for 1 bedroom to £696 for 2 bedrooms, £877 for 3 bedrooms, £1,259 for 4 bedrooms and £1,700 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £521. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £653 and £1,387 for 3 bedroom. You should be generally be expecting around average £469 rent per month for single bedroom property, £677 for 2 bedroom, £931 for 3 bedroom, £1,259 for 4 bedroom and approximately £1,700 for a 5 bedroom property in Old Gloucester Road, Cheltenham, GL51 area.

Popular Houses in Old Gloucester Road, Cheltenham, GL51

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 Old Gloucester Road, Cheltenham, GL51