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Gloucester House Prices

The average house price in Gloucester is £243,269 using HM Land Registry data.

The average property price increased by £64,321 (30.4%) over the last 5 years and increased by £12,855 (4.89%) over the last 12 months.

Over the last year, there were 1,305 residential property sales – a decrease of 504 transactions (-38.62%) relative to the previous year. The majority of house sales (292) were in the £186,000 - £242,000 range. Then came properties in the £242,000 - £298,000 range, where 278 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,410 (-2%).

In April 2024, there were 261 new estate agency instructions, 190 agreed home sales and 141 property price reductions.

5-Year Average Property Prices in Gloucester

30.4%

Property prices in Gloucester increased by 30.4% 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 Gloucester Over the Last Year

4.89%

Property prices in Gloucester increased by 4.89% 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.

Property Market Heat Gauge for Gloucester - 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 Gloucester

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 Gloucester

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 Gloucester

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 Gloucester since 1995

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

Recent Property Sales in Gloucester

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
32 Underhill Road, Matson, Gloucester, Gloucestershire, GL4 6HG	£190,000	£180,000	-£10,000	13 Oct 2023	21 Mar 2024	160 Days
12 Garlandstone Walk, Hempsted, Gloucester, Gloucestershire, GL2 5DS	£210,000	£205,000	-£5,000	27 Nov 2023	15 Mar 2024	109 Days
6 Sandford Way, Tuffley, Gloucester, Gloucestershire, GL4 0TR	£245,000	£245,000	£00	11 Aug 2023	08 Mar 2024	210 Days
12 Church Lane, Barnwood, Gloucester, Gloucestershire, GL4 3HZ	£665,000	£625,000	-£40,000	20 Jul 2023	01 Mar 2024	225 Days
37 Nelson Street, Gloucester, Gloucestershire, GL1 4QX	£165,000	£162,500	-£2,500	20 Nov 2023	01 Mar 2024	102 Days
105 Rosebery Avenue, Gloucester, Gloucestershire, GL1 5EH	£200,000	£195,000	-£5,000	12 Aug 2023	29 Feb 2024	201 Days
48 Hatherley Road, Gloucester, Gloucestershire, GL1 4PH	£230,000	£222,000	-£8,000	26 Oct 2023	29 Feb 2024	126 Days
16 Gatton Way, Hucclecote, Gloucester, Gloucestershire, GL3 3DG	£300,000	£290,000	-£10,000	28 Sep 2023	23 Feb 2024	148 Days
29 Chatsworth Avenue, Tuffley, Gloucester, Gloucestershire, GL4 0SJ	£265,000	£260,000	-£5,000	09 Dec 2023	22 Feb 2024	75 Days
17 Hamer Street, Gloucester, Gloucestershire, GL1 3QN	£215,000	£207,000	-£8,000	27 Oct 2023	16 Feb 2024	112 Days
58 Calton Road, Gloucester, Gloucestershire, GL1 5DY	£230,000	£230,000	£00	15 Nov 2023	16 Feb 2024	93 Days
12 Ebor Road, Gloucester, Gloucestershire, GL2 0SH	£250,000	£240,000	-£10,000	08 Sep 2023	15 Feb 2024	160 Days
159 Sussex Gardens, Hucclecote, Gloucester, Gloucestershire, GL3 3SP	£475,000	£455,000	-£20,000	24 Nov 2023	15 Feb 2024	83 Days
38 Barnfields, Gloucester, Gloucestershire, GL4 6WE	£260,000	£255,000	-£5,000	30 Oct 2023	13 Feb 2024	106 Days
21 Forest View Road, Tuffley, Gloucester, Gloucestershire, GL4 0BX	£300,000	£290,000	-£10,000	30 Oct 2023	12 Feb 2024	105 Days
3 Brindle Close, Gloucester, Gloucestershire, GL4 4FS	£230,000	£225,000	-£5,000	23 Oct 2023	12 Feb 2024	112 Days
23 Gilpin Avenue, Hucclecote, Gloucester, Gloucestershire, GL3 3DB	£375,000	£365,000	-£10,000	19 Jul 2023	09 Feb 2024	205 Days
29 Falkner Street, Gloucester, Gloucestershire, GL1 4SG	£270,000	£270,000	£00	19 Oct 2023	08 Feb 2024	112 Days
1 Charlton Way, Longlevens, Gloucester, Gloucestershire, GL2 0DY	£238,000	£225,000	-£13,000	28 Sep 2023	06 Feb 2024	131 Days
23 Longleat Avenue, Tuffley, Gloucester, Gloucestershire, GL4 0SG	£260,000	£256,000	-£4,000	29 Sep 2023	02 Feb 2024	126 Days

Most Expensive Streets in Gloucester

Postcode	Street	Area	Average	No. of Sales
GL4 0BN	Woods Orchard	Tuffley	£648,750	4
GL4 3EX	Upton Close	Barnwood	£564,400	5
GL4 0AU	Stroud Road	Tuffley	£557,142	7
GL3 3QR	Carisbrooke Road	Hucclecote	£549,875	4
GL1 3BB	Kingsholm Road	Gloucester	£545,000	3
GL1 5LP	Sunnycroft Mews	Gloucester	£535,750	4
GL4 3JF	Grovelands	Gloucester	£532,166	6
GL1 3LU	Estcourt Road	Gloucester	£526,250	4
GL4 5GA	Henry Ryder Close	Abbeymead	£510,666	3
GL2 5JW	The Anchorage	Hempsted	£509,500	4

Least Expensive Streets in Gloucester

Postcode	Street	Area	Average	No. of Sales
GL1 3EL	Henry Street	Gloucester	£59,857	7
GL2 2DT	Boddington Drive Kingsway	Quedgeley	£63,000	3
GL2 5SB	Burrows Close	Gloucester	£64,290	8
GL1 1TT	Priory Place	Gloucester	£70,000	3
GL1 1RP	St Aldate Street	Gloucester	£70,990	5
GL1 1RD	Wellington Street	Gloucester	£72,714	7
GL1 3EZ	Walkinshaw Court	Gloucester	£73,750	4
GL1 4DN	Ascot Court	India Road	£80,500	4
GL1 3QD	Myers Road	Gloucester	£82,000	4
GL1 5SD	Bristol Road	Gloucester	£85,500	3