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Churchdown House Prices Churchdown House Prices

The average house price in Churchdown is £287,111 using HM Land Registry data.

The average property price increased by £89,436 (37.45%) over the last 5 years and increased by £17,875 (5.76%) over the last 12 months.

Over the last year, there were 143 residential property sales – a decrease of 131 transactions (-91.61%) relative to the previous year. The majority of house sales (33) were in the £190,000 - £250,000 range. Then came properties in the £250,000 - £310,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,719 (-2%).

In April 2024, there were 47 new estate agency instructions, 33 agreed home sales and 15 property price reductions.

Neighbouring Areas: Gloucester

Postcodes Covered: GL2, GL3

5-Year Average Property Prices in Churchdown

37.45%

Property prices in Churchdown increased by 37.45% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Churchdown Over the Last Year

5.76%

Property prices in Churchdown increased by 5.76% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Churchdown - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Churchdown

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Churchdown

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Churchdown

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Churchdown since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Churchdown area since 1995.

Recent Property Sales in Churchdown

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Hanover Way, Churchdown, Gloucester, Gloucestershire, GL3 1NJ£370,000£370,000£0016 Nov 202312 Mar 2024117 Days
39 Vervain Close, Churchdown, Gloucester, Gloucestershire, GL3 1LT£240,000£226,000-£14,00025 Oct 202327 Feb 2024125 Days
2 Far Sandfield, Churchdown, Gloucester, Gloucestershire, GL3 2JS£450,000£385,000-£65,00003 May 202307 Feb 2024280 Days
Flat 9, Sweetbriar House, Chapel Hay Lane, Churchdown, Gloucester, Gloucestershire, GL3 2HS£90,000£83,500-£6,50008 Jan 202405 Feb 202428 Days
38 Vervain Close, Churchdown, Gloucester, Gloucestershire, GL3 1LT£295,000£283,250-£11,75004 Aug 202326 Jan 2024175 Days
33 Dowding Way, Churchdown, Gloucester, Gloucestershire, GL3 2NF£199,950£195,000-£4,95018 Oct 202321 Dec 202364 Days
13 Parkside Drive, Churchdown, Gloucester, Gloucestershire, GL3 1HS£400,000£385,000-£15,00027 May 202314 Dec 2023201 Days
15 Kaybourne Crescent, Gloucester, Gloucestershire, GL3 2HL£385,000£375,000-£10,00010 Jul 202304 Dec 2023147 Days
43 John Daniels Way, Churchdown, Gloucester, Gloucestershire, GL3 2QX£385,000£380,000-£5,00026 Jul 202301 Dec 2023128 Days
Eldon, Green Lane, Churchdown, Gloucester, Gloucestershire, GL3 2LB£450,000£415,000-£35,00018 Jul 202301 Dec 2023136 Days
34 Yew Tree Way, Churchdown, Gloucester, Gloucestershire, GL3 2SU£240,000£240,000£0007 Jun 202301 Dec 2023177 Days
11 Yew Tree Way, Churchdown, Gloucester, Gloucestershire, GL3 2SU£240,000£236,000-£4,00010 Aug 202328 Nov 2023110 Days
Flat 11, Sweetbriar House, Chapel Hay Lane, Churchdown, Gloucester, Gloucestershire, GL3 2HS£75,000£74,150-£85020 Nov 202321 Nov 20231 Days
10 Melville Road, Churchdown, Gloucester, Gloucestershire, GL3 2RD£259,950£255,000-£4,95010 Jul 202327 Oct 2023109 Days
5 Hampton Place, Churchdown, Gloucester, Gloucestershire, GL3 1NW£280,000£280,000£0005 Jul 202320 Oct 2023107 Days
Flat 26, The Manor, Church Road, Churchdown, Gloucester, Gloucestershire, GL3 2HT£125,000£125,000£0020 Mar 202319 Oct 2023213 Days
37 Barnes Wallis Way, Churchdown, Gloucester, Gloucestershire, GL3 2TR£225,000£215,000-£10,00016 Jun 202317 Oct 2023123 Days
1 Meadow Way, Churchdown, Gloucester, Gloucestershire, GL3 2AU£325,000£315,000-£10,00016 Feb 202313 Oct 2023239 Days
10 Hampton Place, Churchdown, Gloucester, Gloucestershire, GL3 1NW£320,000£320,000£0011 Feb 202306 Oct 2023237 Days
50 Moselle Drive, Churchdown, Gloucester, Gloucestershire, GL3 2TA£260,000£254,000-£6,00031 May 202329 Sep 2023121 Days

Most Expensive Streets in Churchdown

PostcodeStreetAreaAverageNo. of Sales
GL3 2JROak VillasChurchdown£560,1663
GL3 2NLPaynes PitchChurchdown£542,2504
GL3 2ERThe ChaseChurchdown£494,0005
GL3 2PNBrookfield RoadChurchdown£491,7504
GL3 2LBGreen LaneChurchdown£485,8005
GL3 2EXThe PieceChurchdown£468,9113
GL3 2ESChurch RoadChurchdown£456,8754
GL3 1FFGoldsmith RoadChurchdown£404,2454
GL3 2HDSandfield RoadChurchdown£403,9995
GL3 1FXGoldsmith RoadChurchdown£396,2464

Least Expensive Streets in Churchdown

PostcodeStreetAreaAverageNo. of Sales
GL3 2HSSweetbriar HouseChapel Hay Lane£72,53618
GL3 2HEPriory CourtAlbemarle Road£85,0003
GL3 1BPThompson CourtThompson Way£123,0003
GL3 1LQWisteria WayChurchdown£129,9927
GL3 2NFDowding WayChurchdown£141,27211
GL3 1LALeacey CourtChurchdown£146,3754
GL3 2LXGolden ValeChurchdown£150,45010
GL3 2LUGolden ValeChurchdown£160,68712
GL3 1NTRaleigh CloseChurchdown£162,81216
GL3 1JDMarleyfield CloseChurchdown£165,4086

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