Average Price for property in Cheltenham is around £320,005 which varies based on type of property you are interested in and ranges from £499,728 for detached house to around £287,987 for semi-detached. Similarly terraced house is around £251,269 and a flat is worth £215,422. Values have been changing and have risen £5,044 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £12,563 in last 6 months, £36,544 in last 1 year, £39,846 in last 2 years, £43,471 in last 3 years, £41,213 in last 4 years and £46,905 in last 5 years.
Currently average asking price of a property in Cheltenham is around £395,876 based on approximately 2,805 properties for sale. Same is the case with rental options based on 645 properties up for rent, average asking rent is around £1,186 per month.
Estimated property value in Cheltenham is £320,005. Average asking price is £395,876 while average price paid is £278,443 which is up by £36,544 and Avg. asking rent £1,186.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 Cheltenham area. In last 1 year alone average price buyer paid is around £278,443 based on approximately 2,805 sales in Cheltenham area alone. If you compare it to last 3 years sales of 7,953 properties where buyers paid around £273,219. 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 £270,820 for 12,685 and average amount paid for purchase of approx. 17,076 properties sold in last 7 years comes to about £263,231 per sale.