Cirencester

Area Guide For Cirencester

Cirencester is a market town in east Gloucestershire, England, 93 miles (150 km) west northwest of London. Cirencester lies on the River Churn, a tributary of the River Thames, and is the biggest town in the Cotswold District. It is the home of the Royal Agricultural University, the most established farming school in the English-talking world established in 1840. The town's Corinium Museum is remarkable for its far reaching Roman accumulation. The Roman name for the town was Corinium, which is thought to have been connected with the old British tribe of the Dobunni, having the same root word as the River Churn. Cirencester is the hub of a significant road network with important routes to Gloucester (A417), Cheltenham (A435), Warwick (A429), Oxford (A40 via the B4425 road), Wantage (A417), Swindon (A419), Chippenham (A429), Bristol, Bath (A433), and Stroud (A419).

 
 

Cirencester Map

Estimated Price: £378,460
Average Asking Price: £477,075
Price change in last one year: £32,411
Average Price Paid: £311,801
Average Rent Rates: £1,393

 
 

Property Prices Breakdown in Cirencester

Average Price for property in Cirencester is around £378,460 which varies based on type of property you are interested in and ranges from £581,532 for detached house to around £311,133 for semi-detached. Similarly terraced house is around £256,695 and a flat is worth £184,370. Values have been changing and have risen £6,335 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,562 in last 6 months, £32,411 in last 1 year, £49,351 in last 2 years, £60,753 in last 3 years, £53,376 in last 4 years and £69,271 in last 5 years.

Currently average asking price of a property in Cirencester is around £477,075 based on approximately 519 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £1,393 per month.

Estimated property value in Cirencester is £378,460. Average asking price is £477,075 while average price paid is £332,778 which is up by £32,411 and Avg. asking rent £1,393.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 Cirencester area. In last 1 year alone average price buyer paid is around £332,778 based on approximately 519 sales in Cirencester area alone. If you compare it to last 3 years sales of 1,518 properties where buyers paid around £320,153. 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 £311,801 for 2,403 and average amount paid for purchase of approx. 3,106 properties sold in last 7 years comes to about £307,263 per sale.

 
 

Properties For Sale in Cirencester

 
 

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 £99,550, £223,430 for a 2 bedroom house, £324,053 for a 3 bedroom house, £516,695 for a 4 bedroom house and £775,721 for a 5 bedroom house. For a flat similarly the prices varies from £124,929 for a single bedroom to £175,623 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £299,950 and £275,000 for a 5 bedroom flat. To sum up the asking prices for properties in Cirencester it comes to around average £111,393 for 1 bedroom property, £207,892 for 2 bedroom, £323,794 for 3 bedroom, £516,695 for 4 bedroom and £759,030 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 £950 for 2 bedroom to £1,485 for 3 bedroom, £1,968 for 4 bedroom and £3,001 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £863. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £758. You should be generally be expecting around average £863 rent per month for single bedroom property, £911 for 2 bedroom, £1,485 for 3 bedroom, £1,968 for 4 bedroom and approximately £3,001 for a 5 bedroom property in Cirencester area.

Popular Houses in Cirencester

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.

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