Values have been changing and have risen £1,356 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,119 in last 6 months, £14,337 in last 1 year, £18,860 in last 2 years, £18,997 in last 3 years, £18,175 in last 4 years and £18,871 in last 5 years.
Currently average asking price of a property in Pennine Road, Prestbury, Cheltenham, GL52 is around £344,205 based on approximately 2 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 Pennine Road, Prestbury, Cheltenham, GL52 is £159,565. Average asking price is £344,205 while average price paid is £157,250 which is up by £14,337 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 Pennine Road, Prestbury, Cheltenham, GL52 area. In last 1 year alone average price buyer paid is around £157,250 based on approximately 2 sales in Pennine Road, Prestbury, Cheltenham, GL52 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £144,583. 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 £139,357 for 7 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £126,450 per sale.