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Tewkesbury House Prices Tewkesbury House Prices

The average house price in Tewkesbury is £261,000 using HM Land Registry data.

The average property price increased by £41,287 (17.31%) over the last 5 years and increased by £8,251 (3.04%) over the last 12 months.

Over the last year, there were 156 residential property sales – a decrease of 74 transactions (-47.44%) relative to the previous year. The majority of house sales (45) were in the £248,000 - £312,000 range. Then came properties in the £184,000 - £248,000 range, where 28 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 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 34 new estate agency instructions, 23 agreed home sales and 18 property price reductions.

Neighbouring Areas: Northway

Postcodes Covered: GL20

5-Year Average Property Prices in Tewkesbury

17.31%

Property prices in Tewkesbury increased by 17.31% 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 Tewkesbury Over the Last Year

3.04%

Property prices in Tewkesbury increased by 3.04% 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 Tewkesbury - 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 Tewkesbury

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 Tewkesbury

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 Tewkesbury

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 Tewkesbury since 1995

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

Recent Property Sales in Tewkesbury

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 North East Terrace, Tewkesbury, Gloucestershire, GL20 5NT£189,950£185,000-£4,95001 Nov 202326 Feb 2024117 Days
69 Mowbray Avenue, Tewkesbury, Gloucestershire, GL20 5FA£490,000£465,000-£25,00008 Aug 202323 Feb 2024199 Days
1 Brensham Road, Tewkesbury, Gloucestershire, GL20 8DJ£275,000£265,000-£10,00008 Nov 202209 Feb 2024458 Days
60 Mowbray Avenue, Tewkesbury, Gloucestershire, GL20 5FA£420,000£390,000-£30,00015 Jan 202425 Jan 202410 Days
8 Hawkmoth Close, Walton Cardiff, Tewkesbury, Gloucestershire, GL20 7SG£275,000£270,000-£5,00008 Jun 202315 Dec 2023190 Days
12 North East Terrace, Tewkesbury, Gloucestershire, GL20 5NT£180,000£180,000£0002 Aug 202314 Dec 2023134 Days
11 Courtney Close, Tewkesbury, Gloucestershire, GL20 5FB£405,000£400,000-£5,00024 May 202322 Nov 2023182 Days
11 Laurel Avenue, Walton Cardiff, Tewkesbury, Gloucestershire, GL20 7RE£220,000£217,500-£2,50021 Aug 202317 Nov 202388 Days
63 Church Street, Tewkesbury, Gloucestershire, GL20 5RZ£250,000£250,000£0015 Aug 202310 Nov 202387 Days
47 Cambrian Road, Walton Cardiff, Tewkesbury, Gloucestershire, GL20 7RP£460,000£450,000-£10,00004 Mar 202301 Nov 2023242 Days
16 Carrant Road, Tewkesbury, Gloucestershire, GL20 8AD£295,000£295,000£0026 Apr 202301 Nov 2023189 Days
22 Pyke Road, Tewkesbury, Gloucestershire, GL20 8DX£335,000£330,000-£5,00002 Aug 202330 Oct 202389 Days
2 Sparrow Close, Walton Cardiff, Tewkesbury, Gloucestershire, GL20 7TG£165,000£160,000-£5,00015 Aug 202330 Oct 202376 Days
1 Holme Road, Tewkesbury, Gloucestershire, GL20 5FE£250,000£238,500-£11,50013 Jun 202327 Oct 2023136 Days
14 Woodpecker Walk, Walton Cardiff, Tewkesbury, Gloucestershire, GL20 7TY£345,000£335,000-£10,00021 Mar 202320 Oct 2023213 Days
7 Well Alley, Tewkesbury, Gloucestershire, GL20 5LG£175,000£169,000-£6,00012 Jul 202320 Oct 2023100 Days
16 Starling Road, Walton Cardiff, Tewkesbury, Gloucestershire, GL20 7TD£300,000£295,000-£5,00005 May 202320 Oct 2023168 Days
10 Troughton Place, Tewkesbury, Gloucestershire, GL20 8EA£375,000£360,000-£15,00019 Oct 202218 Oct 2023364 Days
20 Ashchurch Road, Tewkesbury, Gloucestershire, GL20 8BT£595,000£595,000£0019 Jun 202318 Oct 2023121 Days
3 Shephard Mead, Tewkesbury, Gloucestershire, GL20 5RR£140,000£120,000-£20,00004 Apr 202310 Oct 2023189 Days

Most Expensive Streets in Tewkesbury

PostcodeStreetAreaAverageNo. of Sales
GL20 8EUKings GateTewkesbury£526,7506
GL20 5AZHarbour ViewTewkesbury£503,7504
GL20 8BTAshchurch RoadTewkesbury£433,8005
GL20 7FLCornflower GroveWalton Cardiff£427,1878
GL20 8ATArundel RoadTewkesbury£425,0004
GL20 8BQManor ParkTewkesbury£417,0005
GL20 5FBCourtney CloseTewkesbury£399,5006
GL20 8EFTretawn GardensTewkesbury£391,2504
GL20 7FSButtercup LaneWalton Cardiff£384,2005
GL20 5FQFeltham WayTewkesbury£383,8333

Least Expensive Streets in Tewkesbury

PostcodeStreetAreaAverageNo. of Sales
GL20 8BHMitton CourtMitton£84,3333
GL20 5LLOld Post Office AlleyTewkesbury£100,8333
GL20 5HRCoventry CloseTewkesbury£105,4166
GL20 5FTWebber HouseShephard Mead£109,76913
GL20 5NNThe MaltingsTewkesbury£117,34825
GL20 7TTFalcon CourtFalcon Road£126,2506
GL20 5UGNelson CourtNelson Street, Tewkesbury£127,0003
GL20 5BLHomeabbey HouseHigh Street, Tewkesbury£129,16618
GL20 5PEPriestley CourtLilleys Alley£138,6874
GL20 5GHCotswold CottagesBarton Street, Tewkesbury£145,6663

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