Tewkesbury

Area Guide For Tewkesbury

Tewkesbury is a town and common area in Gloucestershire, England. It remains at the conversion of the River Severn and the River Avon, furthermore minor tributaries the Swilgate and Carrant Brook. It provides for its name to the Borough of Tewkesbury, of which the town is the second biggest settlement. At the 2011 UK statistics the town itself had a populace of 10,704. On the off chance that the neighboring areas of Wheatpieces (3,577), Northway (5,080) and Ashchurch Rural (957) are included, the figure climbs to 20,318. The Tewkesbury urban range is separated in two by the north-south running M5 motorway, opened in February 1971. Then again, the town is for the most part considered as the manufactured up zone to the prompt east and west of the M5 at intersection 9, with the town focus, nunnery and old town arranged to the west.

 

 
 

Tewkesbury Map

Estimated Price: £243,384
Average Asking Price: £293,718
Price change in last one year: £8,599
Average Price Paid: £207,134
Average Rent Rates: £1,329

 
 

Property Prices Breakdown in Tewkesbury

Average Price for property in Tewkesbury is around £243,384 which varies based on type of property you are interested in and ranges from £364,237 for detached house to around £203,331 for semi-detached. Similarly terraced house is around £166,521 and a flat is worth £118,829. Values have been changing and have risen £2,749 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £9,583 in last 6 months, £8,599 in last 1 year, £23,761 in last 2 years, £20,289 in last 3 years, £16,300 in last 4 years and £31,566 in last 5 years.

Currently average asking price of a property in Tewkesbury is around £293,718 based on approximately 367 properties for sale. Same is the case with rental options based on 68 properties up for rent, average asking rent is around £1,329 per month.

Estimated property value in Tewkesbury is £243,384. Average asking price is £293,718 while average price paid is £211,717 which is up by £8,599 and Avg. asking rent £1,329.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 Tewkesbury area. In last 1 year alone average price buyer paid is around £211,717 based on approximately 367 sales in Tewkesbury area alone. If you compare it to last 3 years sales of 1,171 properties where buyers paid around £208,942. 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 £207,134 for 2,028 and average amount paid for purchase of approx. 2,751 properties sold in last 7 years comes to about £204,924 per sale.

 
 

Properties For Sale in Tewkesbury

 
 

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 £106,212, £160,162 for a 2 bedroom house, £254,290 for a 3 bedroom house, £387,583 for a 4 bedroom house and £598,684 for a 5 bedroom house. For a flat similarly the prices varies from £92,409 for a single bedroom to £127,120 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £191,990. To sum up the asking prices for properties in Tewkesbury it comes to around average £94,618 for 1 bedroom property, £149,148 for 2 bedroom, £249,775 for 3 bedroom, £387,583 for 4 bedroom and £598,684 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 £706 for 2 bedroom to £878 for 3 bedroom and £1,294 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £451. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £594 and £576 for 3 bedroom. You should be generally be expecting around average £451 rent per month for single bedroom property, £657 for 2 bedroom, £856 for 3 bedroom and approximately £1,294 for 4 bedroom property in Tewkesbury area.

Popular Houses in Tewkesbury

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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