Average Price for property in Springbank Way, Cheltenham, GL51 is around £209,335 which varies based on type of property you are interested in and ranges from £183,830 for detached house to around £218,801 for semi-detached. Similarly terraced house is around £208,595 and a flat is worth £52,871. Values have been changing and have risen £2,470 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,996 in last 6 months, £18,472 in last 1 year, £24,400 in last 2 years, £25,713 in last 3 years, £23,058 in last 4 years and £25,021 in last 5 years.
Currently average asking price of a property in Springbank Way, Cheltenham, GL51 is around £231,188 based on approximately 4 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 Springbank Way, Cheltenham, GL51 is £209,335. Average asking price is £231,188 while average price paid is £170,062 which is up by £18,472 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 Springbank Way, Cheltenham, GL51 area. In last 1 year alone average price buyer paid is around £170,062 based on approximately 4 sales in Springbank Way, Cheltenham, GL51 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £170,062. 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 £171,750 for 7 and average amount paid for purchase of approx. 9 properties sold in last 7 years comes to about £167,750 per sale.