Values have been changing and have risen £1,330 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,766 in last 6 months, £9,943 in last 1 year, £13,136 in last 2 years, £13,844 in last 3 years, £12,418 in last 4 years and £13,478 in last 5 years.
Currently average asking price of a property in Princess Elizabeth Way, 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 Princess Elizabeth Way, Cheltenham, GL51 is £112,648. Average asking price is £231,188 while average price paid is £106,250 which is up by £9,943 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 Princess Elizabeth Way, Cheltenham, GL51 area. In last 1 year alone average price buyer paid is around £106,250 based on approximately 2 sales in Princess Elizabeth Way, Cheltenham, GL51 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £84,375. 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 £90,700 for 5 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £86,888 per sale.