Housing Market Analysis for ROYAL WELL LANE, GL50 3ET

Are you looking to understand GL50 3ET house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Cheltenham postcode.

For the location information and nearby amenities in the GL50 3ET area, explore the GL50 3ET Area information page.
For comprehensive crime statistics in the GL50 3ET area, explore the GL50 3ET Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the GL50 3ET postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £252,971 median price is £250,000 Standard Deviation is £114,772 with Total Sold: 3
    • The Last 5 Year average price is £395,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, CHAPEL HOUSE ROYAL WELL LANE: £395,000 (Sold on 03 Feb 2022)
    • The first recorded sale happened at this postcode is 2, CHAPEL HOUSE ROYAL WELL LANE: £250,000 (Sold on 25 Jul 2006)
  • Flat
    • The average price is around £279,000 median price is £279,000 Standard Deviation is £61,000 with Total Sold: 2
    • The Last 5 Year average price is £340,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE GARDEN FLAT, 53 ROYAL WELL LANE: £340,000 (Sold on 21 Feb 2020)
    • The first recorded sale happened at this postcode is THE GARDEN FLAT, 53 ROYAL WELL LANE: £218,000 (Sold on 09 Jul 2010)
  • Detached
    • The average price is around £118,550 median price is £90,650 Standard Deviation is £82,016 with Total Sold: 3
    • The most recent sale happened at this postcode is 1, CHAPEL HOUSE ROYAL WELL LANE: £230,000 (Sold on 30 Sep 2005)
    • The first recorded sale happened at this postcode is 1, CHAPEL HOUSE ROYAL WELL LANE: £35,000 (Sold on 08 Mar 1996)
  • Terraced
    • The average price is around £84,000 median price is £84,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is THE GARDEN FLAT, 53 ROYAL WELL LANE: £84,000 (Sold on 26 May 1998)
    • The first recorded sale happened at this postcode is THE GARDEN FLAT, 53 ROYAL WELL LANE: £84,000 (Sold on 26 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average GL50 3ET house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£395,000 £4,647 1
2007£113,914 £1,055 1
2006£250,000 £2,941 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£340,0001
2010£218,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£230,000 £2,130 1
1999£90,650 £839 1
1996£35,000 £324 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£84,0001

All the Sales in the ROYAL WELL LANE, GL50 3ET

See the table below for more details on the sold house prices in the GL50 3ET, Cheltenham postcode.

AddressSold DatePrice% Change
2, CHAPEL HOUSE ROYAL WELL LANESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 2003-200603 Feb 2022£395,00058.00%
25 Jul 2006£250,000First Sale
THE GARDEN FLAT, 53 ROYAL WELL LANEFlat, Leasehold21 Feb 2020£340,00055.96%
09 Jul 2010£218,000159.52%
26 May 1998£84,000First Sale
1, CHAPEL HOUSE ROYAL WELL LANESemi-Detached, FreeholdArea: 108 Sq.mtrAge: 2003-200615 Mar 2007£113,914-50.47%
30 Sep 2005£230,000153.72%
02 Jul 1999£90,650159.00%
08 Mar 1996£35,000First Sale

Check out the sold house prices near the GL50 3ET postcode. Properties currently for saleProperties currently for rent

ROYAL WELL LANE, GL50 3ET Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the GL50 3ET postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the GL50 3ET postcode.

  • Terraced
    • The average price is around £282,865 median price is £200,000 Standard Deviation is £302,464 with Total Sold: 1,225
    • The Last 5 Year average price is £498,834 with Total Sold: 200
    • The most recent sale happened at this postcode is , 9 OVERTON PARK ROAD: £587,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 BELMORE PLACE: £51,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £191,349 median price is £158,000 Standard Deviation is £141,923 with Total Sold: 3,657
    • The Last 5 Year average price is £318,289 with Total Sold: 579
    • The most recent sale happened at this postcode is 2, MAY TREES LANSDOWN CRESCENT: £420,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 5, PLAYHOUSE COURT BATH ROAD: £39,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £2,022,809 median price is £575,000 Standard Deviation is £6,798,088 with Total Sold: 245
    • The Last 5 Year average price is £2,101,755 with Total Sold: 128
    • The most recent sale happened at this postcode is FLAT, 1 - 3A REGENT STREET: £2,700,000 (Sold on 24 Jun 2024)
    • The first recorded sale happened at this postcode is FIRST AND SECOND FLOOR SUITES, 103 PROMENADE: £125,588 (Sold on 23 Aug 2013)
  • Detached
    • The average price is around £471,072 median price is £400,000 Standard Deviation is £430,838 with Total Sold: 155
    • The Last 5 Year average price is £735,889 with Total Sold: 16
    • The most recent sale happened at this postcode is , 16 STATION STREET: £499,950 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 285 HIGH STREET: £228,250 (Sold on 03 Mar 1995)
  • Semi-Detached
    • The average price is around £286,009 median price is £197,000 Standard Deviation is £258,528 with Total Sold: 327
    • The Last 5 Year average price is £569,252 with Total Sold: 47
    • The most recent sale happened at this postcode is , 3 ST PAULS STREET SOUTH: £272,500 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is BASEMENT FLAT, 57 ST GEORGES ROAD: £55,000 (Sold on 20 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£336,78614
2023£421,644 £3,817 21
2022£604,476 £4,048 44
2021£503,283 £3,550 63
2020£460,839 £3,497 28
2019£499,669 £3,572 30
2018£297,750 £3,155 30
2017£407,135 £3,184 49
2016£302,393 £2,911 58
2015£466,326 £3,034 42
2014£273,595 £2,745 46
2013£394,788 £2,550 34
2012£342,053 £2,794 31
2011£312,593 £2,439 28
2010£340,708 £2,419 27
2009£275,592 £2,624 32
2008£231,208 £2,060 12
2007£276,324 £2,849 37
2006£294,739 £2,208 51
2005£303,314 £2,059 51
2004£258,724 £2,568 41
2003£221,123 £1,912 62
2002£209,847 £1,790 60
2001£174,873 £1,732 35
2000£157,021 £1,311 55
1999£112,060 £904 46
1998£104,501 £1,037 49
1997£90,610 £666 56
1996£72,218 £643 47
1995£74,921 £698 46
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£254,829 £3,500 38
2023£328,471 £4,274 68
2022£315,799 £4,401 113
2021£326,431 £4,119 163
2020£286,860 £3,995 91
2019£351,625 £4,064 106
2018£278,712 £3,420 115
2017£230,898 £3,309 141
2016£229,961 £3,247 126
2015£212,446 £2,982 132
2014£223,622 £2,936 131
2013£201,378 £2,682 94
2012£204,029 £2,732 78
2011£174,372 £2,741 73
2010£206,495 £2,738 80
2009£174,392 £2,445 63
2008£188,565 £2,872 94
2007£186,298 £2,949 225
2006£188,641 £2,846 219
2005£184,119 £2,678 101
2004£186,297 £2,630 169
2003£162,004 £2,362 157
2002£137,024 £2,033 143
2001£124,973 £1,628 137
2000£121,262 £1,614 167
1999£103,895 £1,419 196
1998£94,202 £1,274 132
1997£90,813 £1,157 128
1996£71,166 £930 93
1995£59,475 £925 84
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,152,057 £6,481 8
2023£972,208 £4,553 23
2022£1,143,736 £5,196 38
2021£1,801,499 £9,371 24
2020£9,369,734 £1,667 11
2019£1,986,767 £3,546 24
2018£1,742,616 £2,215 26
2017£1,649,071 £3,882 33
2016£2,301,622 £3,747 19
2015£1,212,587 £1,514 23
2014£3,920,734 £3,370 14
2013£162,7942
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£499,9501
2023£584,000 £5,043 3
2022£486,750 £4,233 1
2021£1,483,333 £5,874 3
2020£454,250 £4,633 4
2019£692,130 £5,338 4
2017£948,700 £3,957 5
2016£397,903 £3,309 4
2015£521,500 £4,815 5
2014£563,990 £3,678 5
2013£170,000 £2,787 1
2012£187,250 £2,202 2
2011£487,500 £2,626 4
2010£792,500 £2,469 6
2009£559,833 £3,449 3
2008£572,214 £3,410 7
2007£650,677 £2,161 11
2006£518,700 £1,989 5
2005£440,555 £4,204 9
2004£313,329 £2,619 12
2003£492,389 £1,871 9
2002£321,525 £1,772 10
2001£335,812 £2,091 8
2000£313,844 £2,283 8
1999£385,474 £2,306 8
1998£237,979 £827 5
1997£199,500 £1,296 2
1996£151,417 £845 6
1995£160,9384
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£711,250 £4,192 2
2023£513,500 £3,854 11
2022£592,646 £4,015 12
2021£608,857 £4,260 10
2020£465,071 £3,588 7
2019£645,600 £3,802 5
2018£372,611 £3,684 9
2017£501,716 £3,791 7
2016£388,000 £3,015 8
2015£378,456 £3,125 9
2014£380,420 £2,750 10
2013£249,000 £2,730 7
2012£482,075 £2,215 6
2011£296,562 £2,222 8
2010£629,312 £3,397 4
2009£253,400 £2,133 5
2008£371,750 £1,934 10
2007£254,571 £3,378 14
2006£257,939 £2,335 17
2005£277,768 £2,330 11
2004£235,996 £2,292 12
2003£243,658 £1,925 15
2002£247,581 £1,709 18
2001£164,127 £1,426 15
2000£155,755 £1,066 12
1999£104,950 £820 21
1998£120,528 £926 16
1997£103,055 £962 21
1996£103,223 £815 11
1995£97,864 £863 14

House Type in GL50 3ET area

The most common house types in the GL50 3ET postcode area are Flat (94), Shared house (42), and Terraced (36).

Total199
Flat94
Shared house42
Terraced36
Semi-detached13
converted building7
commercial building6
Detached1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (111), and Owned: Owns outright (42).

Private rented: Private landlord or letting agency111
Owned: Owns outright42
Owned: Owns with a mortgage or loan37
Private rented: Other private rented6
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the GL50 3ET have 1 person in household (105), and 2 people in household (67).

1 person in household105
2 people in household67
3 people in household16
4 people in household8
7 people in household2
8 or more people in household1
0 people in household0
5 people in household0
6 people in household0