Prestbury House Prices Prestbury House Prices

The average house price in Prestbury is £570,000 using HM Land Registry data.

The average property price increased by £229,977 (70.31%) over the last 5 years and increased by £45,964 (8.99%) over the last 12 months.

Over the last year, there were 58 residential property sales – a decrease of 10 transactions (-17.24%) relative to the previous year. The majority of house sales (20) were in the £416,000 - £612,000 range. Then came properties in the £220,000 - £416,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,123 (-2%).

In April 2024, there were 11 new estate agency instructions, 9 agreed home sales and 9 property price reductions.

5-Year Average Property Prices in Prestbury

70.31%

Property prices in Prestbury increased by 70.31% 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 Prestbury Over the Last Year

8.99%

Property prices in Prestbury increased by 8.99% 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 Prestbury - 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 Prestbury

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 Prestbury

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 Prestbury

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 Prestbury since 1995

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

Recent Property Sales in Prestbury

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
36 High Street, Prestbury, Cheltenham, Gloucestershire, GL52 3AU£375,000£340,000-£35,00015 Sep 202311 Mar 2024178 Days
10 Broadway Close, Prestbury, Cheltenham, Gloucestershire, GL52 3EA£350,000£334,500-£15,50007 Mar 202308 Nov 2023246 Days
35 Linden Close, Prestbury, Cheltenham, Gloucestershire, GL52 3DX£600,000£570,000-£30,00022 Jun 202327 Oct 2023127 Days
Court Cottage, Mill Lane, Prestbury, Cheltenham, Gloucestershire, GL52 3NE£550,000£545,000-£5,00008 Jun 202324 Oct 2023138 Days
20 Piccadilly Way, Prestbury, Cheltenham, Gloucestershire, GL52 5DQ£550,000£545,000-£5,00011 Sep 202325 Sep 202314 Days
8 Noverton Lane, Prestbury, Cheltenham, Gloucestershire, GL52 5BB£315,000£310,000-£5,00012 Jun 202322 Sep 2023102 Days
5 Brymore Close, Prestbury, Cheltenham, Gloucestershire, GL52 3DZ£395,000£375,000-£20,00002 Jun 202320 Sep 2023110 Days
20 Noverton Lane, Prestbury, Cheltenham, Gloucestershire, GL52 5BB£700,000£700,000£0006 Apr 202301 Sep 2023148 Days
5 Shaw Green Lane, Prestbury, Cheltenham, Gloucestershire, GL52 3BS£550,000£537,500-£12,50012 Apr 202325 Aug 2023135 Days
Manor House, Lake Street, Prestbury, Cheltenham, Gloucestershire, GL52 3BH£1,750,000£1,700,000-£50,00009 Feb 202321 Aug 2023193 Days
1 Acacia Close, Prestbury, Cheltenham, Gloucestershire, GL52 3EQ£535,000£530,000-£5,00003 May 202308 Aug 202397 Days
Swinfords, Spring Lane, Prestbury, Cheltenham, Gloucestershire, GL52 3BW£600,000£600,000£0023 Mar 202304 Jul 2023103 Days
Stone Gables, The Burgage, Prestbury, Cheltenham, Gloucestershire, GL52 3DN£1,800,000£1,800,000£0003 Feb 202330 Jun 2023147 Days
21 Noverton Lane, Prestbury, Cheltenham, Gloucestershire, GL52 5DD£1,250,000£1,200,000-£50,00010 Feb 202316 Jun 2023126 Days
82 Linden Avenue, Prestbury, Cheltenham, Gloucestershire, GL52 3DS£325,000£315,000-£10,00030 Jan 202309 Jun 2023130 Days
10 Studland Drive, Prestbury, Cheltenham, Gloucestershire, GL52 5BT£425,000£419,500-£5,50016 Nov 202202 Jun 2023198 Days
Overbrook, Mill Street, Prestbury, Cheltenham, Gloucestershire, GL52 3BG£895,000£890,000-£5,00017 Nov 202222 May 2023186 Days
44 Linden Avenue, Prestbury, Cheltenham, Gloucestershire, GL52 3DP£400,000£400,000£0013 Jan 202319 May 2023126 Days
112 Linden Avenue, Prestbury, Cheltenham, Gloucestershire, GL52 3DS£450,000£425,000-£25,00013 Jan 202315 May 2023122 Days
6 Desert Orchid Road, Prestbury, Cheltenham, Gloucestershire, GL52 5FD£685,000£675,000-£10,00012 Jan 202328 Apr 2023106 Days

Most Expensive Streets in Prestbury

PostcodeStreetAreaAverageNo. of Sales
GL52 3BHLake StreetPrestbury£1,491,6663
GL52 3NFMill LanePrestbury£1,106,2504
GL52 3BPShaw Green LanePrestbury£812,7624
GL52 3NEMill LanePrestbury£706,0007
GL52 3BSShaw Green LanePrestbury£699,6427
GL52 3DLThe BurgagePrestbury£695,1205
GL52 5DDNoverton LanePrestbury£664,3754
GL52 5BBNoverton LanePrestbury£661,3505
GL52 3BGMill StreetPrestbury£589,7857
GL52 3JRClover DriveCheltenham£577,5005

Least Expensive Streets in Prestbury

PostcodeStreetAreaAverageNo. of Sales
GL52 3LYRushy MewsCheltenham£69,7504
GL52 3LNRushy HouseNew Barn Avenue£139,7905
GL52 5BEFinchcroft CourtPrestbury£186,18111
GL52 3PHHarvest StreetCheltenham£221,6663
GL52 3BUMorningside CourtyardPrestbury£232,0005
GL52 3ASThe Old Mansion HouseHigh Street, Prestbury£252,0003
GL52 3PQHarvest StreetCheltenham£291,15313
GL52 5BUStudland DrivePrestbury£299,8666
GL52 5BZPurbeck WayPrestbury£302,1565
GL52 5FJWayward Lad ClosePrestbury£314,0004

Explore Prestbury and Neighbouring Area House Prices