Values have been changing and have risen £2,023 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,729 in last 6 months, £15,127 in last 1 year, £19,982 in last 2 years, £21,058 in last 3 years, £18,886 in last 4 years and £20,494 in last 5 years.
Currently average asking price of a property in Riverview Way, Cheltenham, GL51 is around £231,188 based on approximately 3 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 Riverview Way, Cheltenham, GL51 is £171,419. Average asking price is £231,188 while average price paid is £136,916 which is up by £15,127 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 Riverview Way, Cheltenham, GL51 area. In last 1 year alone average price buyer paid is around £136,916 based on approximately 3 sales in Riverview Way, Cheltenham, GL51 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £130,450. 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 £127,656 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £122,875 per sale.