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Wotton-under-Edge House Prices Wotton-under-Edge House Prices

The average house price in Wotton-under-Edge is £543,333 using HM Land Registry data.

The average property price increased by £98,441 (33.41%) over the last 5 years and increased by £19,675 (5.27%) over the last 12 months.

Over the last year, there were 56 residential property sales – a decrease of 3 transactions (-5.36%) relative to the previous year. The majority of house sales (13) were in the £248,000 - £326,000 range. Then came properties in the £170,000 - £248,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-21,680 (-5%).

In April 2024, there were 13 new estate agency instructions, 12 agreed home sales and 2 property price reductions.

Postcodes Covered: GL12

5-Year Average Property Prices in Wotton-under-Edge

33.41%

Property prices in Wotton-under-Edge increased by 33.41% 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 Wotton-under-Edge Over the Last Year

5.27%

Property prices in Wotton-under-Edge increased by 5.27% 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 Wotton-under-Edge - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Wotton-under-Edge

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 Wotton-under-Edge

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 Wotton-under-Edge

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 Wotton-under-Edge since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Wotton-under-Edge area since 1995.

Recent Property Sales in Wotton-under-Edge

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
46 Court Orchard, Wotton-under-edge, Gloucestershire, GL12 7JE£325,000£325,000£0001 Oct 202312 Jan 2024103 Days
Bethell House, Worlds End Lane, Synwell, Wotton-under-edge, Gloucestershire, GL12 7HD£1,000,000£1,000,000£0014 Aug 202314 Dec 2023122 Days
8a, Orchard Street, Wotton-under-edge, Gloucestershire, GL12 7EZ£649,950£612,000-£37,95007 Jul 202316 Nov 2023132 Days
38 Gloucester Street, Wotton-under-edge, Gloucestershire, GL12 7DN£325,000£315,000-£10,00002 May 202301 Nov 2023183 Days
1 Rosemary Terrace, Wotton-under-edge, Gloucestershire, GL12 7BH£260,000£250,000-£10,00024 Jul 201915 Sep 20231514 Days
Windyridge, Wotton Crescent, Wotton-under-edge, Gloucestershire, GL12 7JZ£400,000£385,000-£15,00016 Nov 202205 Sep 2023293 Days
Charlecote, Orchard Street, Wotton-under-edge, Gloucestershire, GL12 7EZ£365,000£365,000£0004 Apr 202324 Aug 2023142 Days
33 Gloucester Street, Wotton-under-edge, Gloucestershire, GL12 7DN£320,000£307,500-£12,50019 Jun 202318 Aug 202360 Days
Bardsley, Wortley Road, Wotton-under-edge, Gloucestershire, GL12 7JX£569,950£563,000-£6,95013 Mar 202314 Aug 2023154 Days
12 Parklands, Wotton-under-edge, Gloucestershire, GL12 7LT£405,000£387,500-£17,50006 Jan 202317 Jul 2023192 Days
7 Gloucester Row, Wotton-under-edge, Gloucestershire, GL12 7DX£405,000£380,000-£25,00020 Feb 202327 Jun 2023127 Days
4 The Cedars, Wotton-under-edge, Gloucestershire, GL12 7NU£700,000£637,500-£62,50018 Jan 202308 Jun 2023141 Days
39 Water Lane, Wotton-under-edge, Gloucestershire, GL12 7LG£325,000£325,000£0010 Aug 201908 Jun 20231398 Days
2 Parklands, Wotton-under-edge, Gloucestershire, GL12 7LT£300,000£286,500-£13,50028 Nov 202226 May 2023179 Days
2 Lodge Drive, Wotton-under-edge, Gloucestershire, GL12 7SA£467,000£467,000£0007 Oct 202215 May 2023220 Days
Merlin Haven Lodge, 21, Merlin Haven, Wotton-under-edge, Gloucestershire, GL12 7BA£950,000£865,000-£85,00007 Oct 202215 May 2023220 Days
10 Turnpike Avenue, Wotton-under-edge, Gloucestershire, GL12 7SD£350,000£348,000-£2,00005 Oct 202228 Apr 2023205 Days
47 Old Town, Wotton-under-edge, Gloucestershire, GL12 7DH£235,000£235,000£0025 Jan 202331 Mar 202365 Days
4 Wotton Crescent, Wotton-under-edge, Gloucestershire, GL12 7JZ£395,000£390,000-£5,00021 Mar 202202 Dec 2022256 Days
1 Symn Lane, Wotton-under-edge, Gloucestershire, GL12 7BG£335,000£335,000£0024 Aug 202201 Dec 202299 Days

Most Expensive Streets in Wotton-under-Edge

PostcodeStreetAreaAverageNo. of Sales
GL12 7HDWorlds End LaneSynwell£941,7513
GL12 7BAMerlin HavenWotton-under-edge£744,9995
GL12 7ADThe ChippingWotton-under-edge£561,0833
GL12 7ARBradley StreetWotton-under-edge£455,5836
GL12 7EZOrchard StreetWotton-under-edge£438,8504
GL12 7AQHaw StreetWotton-under-edge£434,1663
GL12 7NRParklandsWotton-under-edge£423,70812
GL12 7DHOld TownWotton-under-edge£407,1878
GL12 7AJWestfieldsWotton-under-edge£400,3333
GL12 7NPValley RoadWotton-under-edge£394,5004

Least Expensive Streets in Wotton-under-Edge

PostcodeStreetAreaAverageNo. of Sales
GL12 7JLKatharine Lady Berkeley MewsSchool Road£135,5006
GL12 7JDDurns RoadWotton-under-edge£189,2287
GL12 7DFBear StreetWotton-under-edge£198,0003
GL12 7EXClarence RoadWotton-under-edge£203,1254
GL12 7HGThe CloudWotton-under-edge£206,3333
GL12 7DEHigh StreetWotton-under-edge£220,0003
GL12 7JPMitre PitchWotton-under-edge£236,8754
GL12 7DTBradley RoadWotton-under-edge£240,0007
GL12 7HXOatgroundSynwell£242,3336
GL12 7HTCherry OrchardWotton-under-edge£245,8758

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