Average Price for property in Silk Mill Lane, Winchcombe, Cheltenham, GL54 is around £494,358 which varies based on type of property you are interested in and ranges from £568,137 for detached house to around £376,312 for terraced house. Values have been changing and have risen £6,357 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £17,300 in last 6 months, £48,361 in last 1 year, £57,596 in last 2 years, £51,303 in last 3 years, £58,685 in last 4 years and £57,816 in last 5 years.
Currently average asking price of a property in Silk Mill Lane, Winchcombe, Cheltenham, GL54 is around £576,234 based on approximately 1 properties for sale. Same is the case with rental options based on 88 properties up for rent, average asking rent is around £1,544 per month.
Estimated property value in Silk Mill Lane, Winchcombe, Cheltenham, GL54 is £494,358. Average asking price is £576,234 while average price paid is £442,500 which is up by £48,361 and Avg. asking rent £1,544.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 Silk Mill Lane, Winchcombe, Cheltenham, GL54 area. In last 1 year alone average price buyer paid is around £442,500 based on approximately 1 sales in Silk Mill Lane, Winchcombe, Cheltenham, GL54 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £489,375. 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 £417,083 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £378,431 per sale.