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Quedgeley and Hardwicke House Prices Quedgeley and Hardwicke House Prices

The average house price in Quedgeley and Hardwicke is £234,166 using HM Land Registry data.

The average property price increased by £47,245 (20.81%) over the last 5 years and increased by £9,442 (3.56%) over the last 12 months.

Over the last year, there were 272 residential property sales – a decrease of 127 transactions (-46.69%) relative to the previous year. The majority of house sales (68) were in the £194,000 - £238,000 range. Then came properties in the £238,000 - £282,000 range, where 54 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,131 (-2%).

In April 2024, there were 70 new estate agency instructions, 36 agreed home sales and 16 property price reductions.

Neighbouring Areas: Gloucester

Postcodes Covered: GL2

5-Year Average Property Prices in Quedgeley and Hardwicke

20.81%

Property prices in Quedgeley and Hardwicke increased by 20.81% 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 Quedgeley and Hardwicke Over the Last Year

3.56%

Property prices in Quedgeley and Hardwicke increased by 3.56% 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 Quedgeley and Hardwicke - 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 Quedgeley and Hardwicke

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 Quedgeley and Hardwicke

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 Quedgeley and Hardwicke

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 Quedgeley and Hardwicke since 1995

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

Recent Property Sales in Quedgeley and Hardwicke

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
97 Carters Orchard, Quedgeley, Gloucester, Gloucestershire, GL2 4TA£190,000£185,000-£5,00006 Dec 202323 Feb 202479 Days
9 Aspen Drive, Quedgeley, Gloucester, Gloucestershire, GL2 4EN£180,000£174,000-£6,00009 Nov 202316 Feb 202499 Days
119 Wharfdale Way, Hardwicke, Gloucester, Gloucestershire, GL2 4JE£380,000£370,000-£10,00015 Oct 202313 Feb 2024121 Days
120 Fieldcourt Gardens, Quedgeley, Gloucester, Gloucestershire, GL2 4TZ£220,000£215,000-£5,00003 Nov 202312 Feb 2024101 Days
27 Hasfield Close, Quedgeley, Gloucester, Gloucestershire, GL2 4GJ£195,000£195,000£0011 Oct 202325 Jan 2024106 Days
5 Littlefield, Quedgeley, Gloucester, Gloucestershire, GL2 4GZ£425,000£425,000£0008 Sep 202312 Jan 2024126 Days
2 Park Drive, Quedgeley, Gloucester, Gloucestershire, GL2 4TD£350,000£330,000-£20,00026 Jun 202305 Jan 2024193 Days
46 Queen Anne Court, Quedgeley, Gloucester, Gloucestershire, GL2 4JY£235,000£235,000£0011 May 202305 Jan 2024239 Days
18 Darell Close, Quedgeley, Gloucester, Gloucestershire, GL2 4YR£210,000£210,000£0023 Aug 202319 Dec 2023118 Days
14 Loriners Close, Quedgeley, Gloucester, Gloucestershire, GL2 4SX£310,000£300,000-£10,00021 Jun 202318 Dec 2023180 Days
4 Squirrel Close, Quedgeley, Gloucester, Gloucestershire, GL2 4XT£160,000£155,000-£5,00005 Jul 202314 Dec 2023162 Days
54 Wharfdale Way, Hardwicke, Gloucester, Gloucestershire, GL2 4JF£220,000£217,500-£2,50019 Jun 202312 Dec 2023176 Days
13 Guise Close, Quedgeley, Gloucester, Gloucestershire, GL2 4YW£190,000£190,000£0006 Aug 202307 Dec 2023123 Days
24 Oatfield, Quedgeley, Gloucester, Gloucestershire, GL2 4GY£260,000£255,000-£5,00017 Jan 202301 Dec 2023318 Days
5 Furzecroft, Quedgeley, Gloucester, Gloucestershire, GL2 4YZ£240,000£236,000-£4,00025 Aug 202301 Dec 202398 Days
63 Wharfdale Way, Hardwicke, Gloucester, Gloucestershire, GL2 4JE£290,000£290,000£0026 Jul 202324 Nov 2023121 Days
34 Farriers End, Quedgeley, Gloucester, Gloucestershire, GL2 4WA£275,000£270,000-£5,00002 Aug 202324 Nov 2023114 Days
152 Lower Meadow, Quedgeley, Gloucester, Gloucestershire, GL2 4XL£195,000£195,000£0022 Sep 202320 Nov 202359 Days
57 Goshawk Road, Quedgeley, Gloucester, Gloucestershire, GL2 4NU£230,000£230,000£0024 Aug 202315 Nov 202383 Days
63 Highclere Road, Quedgeley, Gloucester, Gloucestershire, GL2 4HD£365,000£355,000-£10,00012 Jul 202315 Nov 2023126 Days

Most Expensive Streets in Quedgeley and Hardwicke

PostcodeStreetAreaAverageNo. of Sales
GL2 4QDSellars RoadHardwicke£586,8005
GL2 4BPDadford CloseHardwicke£510,8333
GL2 4EGCrossbill CloseHardwicke£443,8577
GL2 4JBWaterdale CloseHardwicke£438,6663
GL2 4PUElmgrove Road WestHardwicke£403,0006
GL2 4DFTawny CloseHardwicke£401,0003
GL2 4LNPintail CloseQuedgeley£395,0003
GL2 4DDRed Kite RiseHardwicke£394,8889
GL2 4QUBristol RoadHardwicke£393,6663
GL2 2SANaas LaneQuedgeley£388,69213

Least Expensive Streets in Quedgeley and Hardwicke

PostcodeStreetAreaAverageNo. of Sales
GL2 2JDBromley Road KingswayQuedgeley£80,9374
GL2 2JLBooth WayQuedgeley£116,7504
GL2 4TRCheviot CloseQuedgeley£122,1663
GL2 4RZOverbrook RoadHardwicke£122,88413
GL2 4DPElmgrove CourtElmgrove Road East£127,95411
GL2 4WQFieldcourt FarmhouseQuedgeley£128,0559
GL2 2HFSnetterton Heath KingswayQuedgeley£129,4005
GL2 4PPParklandsQuedgeley£130,5836
GL2 2GYMattishall Close KingswayQuedgeley£133,1003
GL2 4LYBerkeley HouseFalcon Close£134,3754

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