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Northway House Prices Northway House Prices

The average house price in Northway is £265,000 using HM Land Registry data.

The average property price increased by £65,503 (37%) over the last 5 years and increased by £13,091 (5.71%) over the last 12 months.

Over the last year, there were 42 residential property sales – a decrease of 32 transactions (-76.19%) relative to the previous year. The majority of house sales (11) were in the £230,000 - £260,000 range. Then came properties in the £200,000 - £230,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 36 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,100 (-2%).

In April 2024, there were 19 new estate agency instructions, 6 agreed home sales and 4 property price reductions.

Neighbouring Areas: Tewkesbury

Postcodes Covered: GL20

5-Year Average Property Prices in Northway

37%

Property prices in Northway increased by 37% 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 Northway Over the Last Year

5.71%

Property prices in Northway increased by 5.71% 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 Northway - 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 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

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 Northway

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 Northway

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 Northway

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 Northway since 1995

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

Recent Property Sales in Northway

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Farm Close, Northway, Tewkesbury, Gloucestershire, GL20 8UB£220,000£218,000-£2,00011 Oct 202312 Feb 2024124 Days
6 Merrett Close, Northway, Tewkesbury, Gloucestershire, GL20 8SH£275,000£260,000-£15,00001 Sep 202301 Feb 2024153 Days
50 Grange Court, Northway, Tewkesbury, Gloucestershire, GL20 8TE£150,000£150,000£0007 Jun 202329 Nov 2023175 Days
50 Davey Road, Ashchurch, Tewkesbury, Gloucestershire, GL20 8UN£250,000£250,000£0022 Aug 202320 Nov 202390 Days
2 Well Close, Northway, Tewkesbury, Gloucestershire, GL20 8RS£265,000£257,000-£8,00030 May 202330 Oct 2023153 Days
36 Stanford Road, Tewkesbury, Gloucestershire, GL20 8QU£255,000£247,000-£8,00020 Feb 202320 Oct 2023242 Days
4 Cromers Close, Northway, Tewkesbury, Gloucestershire, GL20 8RT£260,000£255,000-£5,00029 Jun 202319 Oct 2023112 Days
14 Redwood Court, Northway, Tewkesbury, Gloucestershire, GL20 8SN£175,000£170,000-£5,00014 Jun 202317 Oct 2023125 Days
9 Farm Close, Northway, Tewkesbury, Gloucestershire, GL20 8UB£210,000£207,500-£2,50023 Jun 202317 Oct 2023116 Days
67 The Sandfield, Northway, Tewkesbury, Gloucestershire, GL20 8RU£190,000£185,000-£5,00001 Jun 202322 Sep 2023113 Days
9 Bevan Gardens, Northway, Tewkesbury, Gloucestershire, GL20 8RY£300,000£290,000-£10,00031 Mar 202301 Sep 2023154 Days
5 Lee Road, Tewkesbury, Gloucestershire, GL20 8QE£200,000£200,000£0014 Feb 202329 Aug 2023196 Days
44 The Park, Northway, Tewkesbury, Gloucestershire, GL20 8RH£220,000£180,000-£40,00016 Jan 202325 Aug 2023221 Days
25 Grange Court, Northway, Tewkesbury, Gloucestershire, GL20 8TE£187,500£182,500-£5,00022 Feb 202311 Aug 2023170 Days
18 Lapwing Close, Northway, Tewkesbury, Gloucestershire, GL20 8TN£395,000£380,000-£15,00016 Jan 202310 Aug 2023206 Days
33 The Sandfield, Northway, Tewkesbury, Gloucestershire, GL20 8RU£325,000£318,000-£7,00003 Apr 202314 Jul 2023102 Days
35 Redwood Court, Northway, Tewkesbury, Gloucestershire, GL20 8SN£215,000£211,000-£4,00029 Mar 202307 Jul 2023100 Days
104 Cherry Orchard, Tewkesbury, Gloucestershire, GL20 8PJ£145,000£145,000£0016 Feb 202330 Jun 2023134 Days
58 The Sandfield, Northway, Tewkesbury, Gloucestershire, GL20 8RU£150,000£142,000-£8,00028 Feb 202330 Jun 2023122 Days
26 George Dowty Drive, Northway, Tewkesbury, Gloucestershire, GL20 8RN£315,000£305,000-£10,00019 Dec 202219 Jun 2023182 Days

Most Expensive Streets in Northway

PostcodeStreetAreaAverageNo. of Sales
GL20 8HQHardwick Bank RoadNorthway£299,5333
GL20 8SHMerrett CloseNorthway£284,4005
GL20 8UHWheal RoadTewkesbury£271,6663
GL20 8SYKestrel WayNorthway£268,3333
GL20 8SUWagtail DriveNorthway£259,9874
GL20 8REThistle DownsNorthway£253,0628
GL20 8RNGeorge Dowty DriveNorthway£251,3995
GL20 8RZBowler RoadNorthway£246,8754
GL20 8RRThe HopyardNorthway£241,5007
GL20 8QYLong EightsNorthway£239,6666

Least Expensive Streets in Northway

PostcodeStreetAreaAverageNo. of Sales
GL20 8TEGrange CourtNorthway£158,34720
GL20 8PJCherry OrchardTewkesbury£159,5005
GL20 8SNRedwood CourtNorthway£161,7147
GL20 8TQHawthorn WayNorthway£169,43719
GL20 8UBFarm CloseNorthway£179,1005
GL20 8RXMonkey MeadowNorthway£179,4005
GL20 8UAWheatstone CloseNorthway£183,36915
GL20 8RTCromers CloseNorthway£184,64510
GL20 8QAAsh RoadTewkesbury£186,6663
GL20 8UPDavey WalkTewkesbury£191,7205

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