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Cirencester House Prices Cirencester House Prices

The average house price in Cirencester is £340,892 using HM Land Registry data.

The average property price increased by £91,092 (30.72%) over the last 5 years and increased by £18,205 (4.93%) over the last 12 months.

Over the last year, there were 210 residential property sales – a decrease of 67 transactions (-31.90%) relative to the previous year. The majority of house sales (49) were in the £256,000 - £342,000 range. Then came properties in the £342,000 - £428,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 86 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,997 (-2%).

In April 2024, there were 62 new estate agency instructions, 34 agreed home sales and 19 property price reductions.

Postcodes Covered: GL7

5-Year Average Property Prices in Cirencester

30.72%

Property prices in Cirencester increased by 30.72% 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 Cirencester Over the Last Year

4.93%

Property prices in Cirencester increased by 4.93% 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 Cirencester - 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 Cirencester

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 Cirencester

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 Cirencester

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 Cirencester since 1995

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

Recent Property Sales in Cirencester

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 Coxwell Court, Cirencester, Gloucestershire, GL7 2BZ£475,000£464,000-£11,00010 Nov 202311 Mar 2024122 Days
18 The Green, Cirencester, Gloucestershire, GL7 1AU£365,000£355,000-£10,00025 Sep 202327 Feb 2024155 Days
19 Hereward Road, Cirencester, Gloucestershire, GL7 2EH£295,000£295,000£0007 Sep 202327 Feb 2024173 Days
70 Apsley Road, Cirencester, Gloucestershire, GL7 1SW£385,000£375,000-£10,00018 Oct 202326 Feb 2024131 Days
10 Greyfriars Walk, Cirencester, Gloucestershire, GL7 1UF£550,000£550,000£0016 Aug 202314 Feb 2024182 Days
18 Queen Elizabeth Road, Cirencester, Gloucestershire, GL7 1DJ£375,000£355,000-£20,00008 Sep 202313 Feb 2024158 Days
38 Lewis Lane, Cirencester, Gloucestershire, GL7 1EB£310,000£302,500-£7,50003 Nov 202309 Feb 202498 Days
23 Oaklands, Cirencester, Gloucestershire, GL7 1FA£950,000£925,000-£25,00010 Oct 202331 Jan 2024113 Days
Flat 13, Palestra Lodge, The Waterloo, Cirencester, Gloucestershire, GL7 2PZ£130,000£130,000£0013 Aug 202329 Jan 2024169 Days
13 Mullings Court, Cirencester, Gloucestershire, GL7 2AW£300,000£295,000-£5,00010 Oct 202325 Jan 2024107 Days
6 Prospect Place, Cirencester, Gloucestershire, GL7 1EZ£410,000£410,000£0011 Oct 202322 Jan 2024103 Days
94 Golden Farm Road, Cirencester, Gloucestershire, GL7 1DQ£500,000£495,000-£5,00002 Jun 202320 Dec 2023201 Days
154 North Home Road, Cirencester, Gloucestershire, GL7 1DX£385,000£373,000-£12,00008 Jun 202319 Dec 2023194 Days
16 Hanstone Close, Cirencester, Gloucestershire, GL7 1WX£275,000£270,000-£5,00019 Jun 202313 Dec 2023177 Days
36 Martin Close, Cirencester, Gloucestershire, GL7 1XY£329,950£318,000-£11,95017 Aug 202308 Dec 2023113 Days
30 Woodhouse Close, Cirencester, Gloucestershire, GL7 1YH£350,000£350,000£0024 Aug 202308 Dec 2023106 Days
23 Church Street, Cirencester, Gloucestershire, GL7 1LE£325,000£315,000-£10,00016 May 202308 Dec 2023206 Days
68 Shepherds Way, Cirencester, Gloucestershire, GL7 2ET£485,000£480,000-£5,00007 Sep 202308 Dec 202392 Days
2 Linacre Crescent, Cirencester, Gloucestershire, GL7 1WB£525,000£515,000-£10,00015 May 202324 Nov 2023193 Days
25 City Bank View, Cirencester, Gloucestershire, GL7 1LQ£260,000£260,000£0030 Aug 202324 Nov 202386 Days

Most Expensive Streets in Cirencester

PostcodeStreetAreaAverageNo. of Sales
GL7 1TYBerkeley RoadCirencester£1,341,6663
GL7 1RLQuerns LaneCirencester£887,6005
GL7 1FAOaklandsCirencester£856,6666
GL7 1RGSt Peters RoadCirencester£810,6005
GL7 1UZStroud RoadCirencester£784,1663
GL7 2ERThe WhitewayCirencester£775,7503
GL7 1TXSomerford RoadCirencester£741,4647
GL7 2EYShepherds WayCirencester£645,3336
GL7 2BZCoxwell CourtCirencester£595,8005
GL7 1WQClappen CloseCirencester£583,7504

Least Expensive Streets in Cirencester

PostcodeStreetAreaAverageNo. of Sales
GL7 1RUAshcroft GardensCirencester£89,15719
GL7 1JQForstall WayCirencester£122,0003
GL7 2ENBarclay CourtCirencester£124,89015
GL7 1LPCricklade StreetCirencester£130,4005
GL7 1NSMelmore GardensCirencester£133,81811
GL7 1NRMelmore GardensCirencester£134,8754
GL7 1HXFry CloseCirencester£137,6434
GL7 1NJBridge RoadCirencester£148,0006
GL7 2DLBarton CourtGloucester Street, Cirencester£152,9449
GL7 1PWAcanthus CourtCirencester£157,05010

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