Wellington Square, Cheltenham, GL50

Street Guide For Wellington Square, Cheltenham, GL50

 

Wellington Square, Cheltenham, GL50 Map

Estimated Price: £587,044
Average Asking Price: £360,518
Price change in last one year: £52,891
Average Price Paid: £487,022
Average Rent Rates: £1,102

 

Property Prices Breakdown in Wellington Square, Cheltenham, GL50

Average Price for property in Wellington Square, Cheltenham, GL50 is around £587,044 which varies based on type of property you are interested in and ranges from £1,118,796 for detached house to around £1,176,793 for semi-detached. Similarly terraced house is around £972,685 and a flat is worth £270,525. Values have been changing and have risen £7,926 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £20,853 in last 6 months, £52,891 in last 1 year, £57,727 in last 2 years, £76,424 in last 3 years, £73,068 in last 4 years and £76,509 in last 5 years.

Currently average asking price of a property in Wellington Square, Cheltenham, GL50 is around £360,518 based on approximately 8 properties for sale. Same is the case with rental options based on 249 properties up for rent, average asking rent is around £1,102 per month.

Estimated property value in Wellington Square, Cheltenham, GL50 is £587,044. Average asking price is £360,518 while average price paid is £544,893 which is up by £52,891 and Avg. asking rent £1,102.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 Wellington Square, Cheltenham, GL50 area. In last 1 year alone average price buyer paid is around £544,893 based on approximately 8 sales in Wellington Square, Cheltenham, GL50 area alone. If you compare it to last 3 years sales of 20 properties where buyers paid around £471,710. 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 £487,022 for 35 and average amount paid for purchase of approx. 40 properties sold in last 7 years comes to about £448,978 per sale.

 
 

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 £57,500, £232,338 for a 2 bedroom house, £302,407 for a 3 bedroom house, £544,111 for a 4 bedroom house and £1,020,905 for a 5 bedroom house. For a flat similarly the prices varies from £129,724 for a single bedroom to £236,074 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £408,125 and £995,000 for a 4 bedroom flat. To sum up the asking prices for properties in Wellington Square, Cheltenham, GL50 it comes to around average £128,005 for 1 bedroom property, £234,706 for 2 bedroom, £325,900 for 3 bedroom, £569,161 for 4 bedroom and £1,020,905 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 £495 for 1 bedroom to £933 for 2 bedrooms, £1,124 for 3 bedrooms, £953 for 4 bedrooms and £1,637 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £711. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,009 and £1,446 for 3 bedroom. You should be generally be expecting around average £683 rent per month for single bedroom property, £997 for 2 bedroom, £1,251 for 3 bedroom, £953 for 4 bedroom and approximately £1,637 for a 5 bedroom property in Wellington Square, Cheltenham, GL50 area.

Popular Houses in Wellington Square, Cheltenham, GL50

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.

Areas in and around Wellington Square, Cheltenham, GL50