Housing Market Analysis for SPRINGBANK CLOSE, GL51 0LJ

Are you looking to understand GL51 0LJ 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 GL51 0LJ area, explore the GL51 0LJ Area information page.
For comprehensive crime statistics in the GL51 0LJ area, explore the GL51 0LJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the GL51 0LJ postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £192,583 median price is £200,000 Standard Deviation is £35,882 with Total Sold: 6
- The Last 5 Year average price is £215,875 with Total Sold: 4
- The most recent sale happened at this postcode is 7 SPRINGBANK CLOSE: £227,000 (Sold on 09 Aug 2023)
- The first recorded sale happened at this postcode is 6 SPRINGBANK CLOSE: £137,000 (Sold on 13 Oct 2006)
Detached
- The average price is around £132,800 median price is £160,000 Standard Deviation is £41,749 with Total Sold: 5
- The most recent sale happened at this postcode is 1 SPRINGBANK CLOSE: £160,000 (Sold on 30 May 2014)
- The first recorded sale happened at this postcode is 9 SPRINGBANK CLOSE: £73,000 (Sold on 25 Jun 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average GL51 0LJ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£213,500	£3,954	2
2022	£236,500	£4,380	1
2019	£200,000	£2,500	1
2016	£155,000	£2,870	1
2006	£137,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£160,000	£2,540	1
2011	£174,000	£2,784	1
2005	£165,000		1
2001	£92,000		1
1999	£73,000	£1,168	1

All the Sales in the SPRINGBANK CLOSE, GL51 0LJ

See the table below for more details on the sold house prices in the GL51 0LJ, Cheltenham postcode.

Address	Sold Date	Price	% Change
7 SPRINGBANK CLOSESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1967-1975	09 Aug 2023	£227,000	13.50%
	03 May 2023	£200,000	-15.43%
	27 May 2022	£236,500	52.58%
	14 Oct 2016	£155,000	First Sale
4 SPRINGBANK CLOSESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	12 Nov 2019	£200,000	First Sale
1 SPRINGBANK CLOSEDetached, FreeholdArea: 63 Sq.mtrAge: 1967-1975	30 May 2014	£160,000	First Sale
9 SPRINGBANK CLOSEDetached, FreeholdArea: 62.5 Sq.mtrAge: 1967-1975	30 Sep 2011	£174,000	138.36%
	25 Jun 1999	£73,000	First Sale
6 SPRINGBANK CLOSESemi-Detached, Freehold	13 Oct 2006	£137,000	First Sale
10 SPRINGBANK CLOSEDetached, Freehold	10 Jun 2005	£165,000	79.35%
10 SPRINGBANK CLOSEDetached, Freehold	25 Jul 2001	£92,000	First Sale

Check out the sold house prices near the GL51 0LJ postcode. Properties currently for saleProperties currently for rent

SPRINGBANK CLOSE, GL51 0LJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the GL51 0LJ 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 GL51 0LJ postcode.

Terraced
- The average price is around £128,984 median price is £125,975 Standard Deviation is £62,222 with Total Sold: 1,208
- The Last 5 Year average price is £206,761 with Total Sold: 174
- The most recent sale happened at this postcode is , 17 WILLIAM GOUGH CLOSE: £212,000 (Sold on 03 Sep 2024)
- The first recorded sale happened at this postcode is , 12 WHITEMARSH CLOSE: £35,000 (Sold on 30 Jan 1995)
Semi-Detached
- The average price is around £142,095 median price is £145,000 Standard Deviation is £67,148 with Total Sold: 1,165
- The Last 5 Year average price is £236,613 with Total Sold: 183
- The most recent sale happened at this postcode is , 115 ASHLANDS ROAD: £212,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 1 CORN MEADOW DRIVE: £42,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £193,369 median price is £200,000 Standard Deviation is £74,152 with Total Sold: 198
- The Last 5 Year average price is £300,456 with Total Sold: 24
- The most recent sale happened at this postcode is , 35 WILLIAM GOUGH CLOSE: £305,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 24 SPRINGBANK ROAD: £62,500 (Sold on 26 Apr 1995)
Flat
- The average price is around £108,045 median price is £115,000 Standard Deviation is £48,644 with Total Sold: 217
- The Last 5 Year average price is £155,380 with Total Sold: 46
- The most recent sale happened at this postcode is , 10 SISKIN DRIVE: £275,000 (Sold on 29 Feb 2024)
- The first recorded sale happened at this postcode is , 27 HONEYBOURNE DRIVE: £30,000 (Sold on 19 Jan 1996)
Other
- The average price is around £1,640,119 median price is £230,000 Standard Deviation is £5,059,232 with Total Sold: 13
- The Last 5 Year average price is £2,316,728 with Total Sold: 9
- The most recent sale happened at this postcode is , 109B HESTERS WAY ROAD: £230,000 (Sold on 31 May 2023)
- The first recorded sale happened at this postcode is , LONG ACRE HESTERS WAY ROAD: £273,000 (Sold on 11 Jan 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£226,028	£3,388	18
2023	£236,260	£3,559	25
2022	£217,816	£3,414	29
2021	£201,788	£2,851	37
2020	£190,498	£2,760	23
2019	£186,600	£2,837	42
2018	£183,183	£2,670	41
2017	£167,361	£2,722	36
2016	£163,589	£2,385	43
2015	£155,938	£2,302	56
2014	£151,589	£2,109	55
2013	£126,417	£1,987	33
2012	£122,871	£1,898	31
2011	£122,520	£2,011	25
2010	£121,593	£1,919	21
2009	£131,443	£2,041	17
2008	£143,722	£1,956	25
2007	£165,438	£2,206	80
2006	£147,674	£2,180	84
2005	£141,614	£2,018	46
2004	£137,166	£1,888	56
2003	£99,287	£1,668	51
2002	£75,211	£1,347	38
2001	£67,768	£1,102	61
2000	£55,435	£973	46
1999	£53,438	£837	49
1998	£42,973	£713	41
1997	£39,804	£686	42
1996	£40,595	£672	33
1995	£39,131	£672	24

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£258,333		9
2023	£249,760	£3,459	27
2022	£265,835	£3,463	33
2021	£243,424	£3,096	33
2020	£211,113	£2,650	31
2019	£217,632	£2,736	50
2018	£212,141	£2,695	39
2017	£189,006	£2,506	31
2016	£183,200	£2,314	39
2015	£165,286	£2,274	33
2014	£148,255	£2,073	43
2013	£151,871	£1,987	36
2012	£146,425	£1,896	20
2011	£150,796	£1,967	25
2010	£145,794	£2,107	31
2009	£134,488	£1,819	26
2008	£156,686	£2,057	29
2007	£163,505	£2,199	67
2006	£155,160	£2,128	55
2005	£152,013	£2,045	51
2004	£139,217	£1,813	75
2003	£114,913	£1,521	46
2002	£91,968	£1,242	48
2001	£76,788	£1,120	43
2000	£69,780	£955	34
1999	£65,585	£859	46
1998	£52,408	£686	37
1997	£50,199	£743	42
1996	£49,742	£658	48
1995	£49,967	£669	38

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£305,000		1
2023	£297,800	£3,177	5
2022	£359,375	£3,776	4
2021	£276,492	£3,018	6
2020	£289,000	£2,932	2
2019	£290,417	£2,686	6
2018	£262,667	£2,899	3
2017	£248,467	£2,271	6
2016	£222,875	£2,721	8
2015	£243,800	£2,401	5
2014	£199,136	£2,397	11
2013	£201,500	£1,881	2
2012	£180,700	£2,129	5
2011	£174,167	£2,202	6
2010	£159,400	£2,145	5
2009	£169,506	£1,838	2
2008	£176,000	£1,992	3
2007	£197,948	£2,570	13
2006	£220,618	£2,279	11
2005	£222,480	£2,472	13
2004	£213,371	£2,026	33
2003	£181,375	£1,927	4
2002	£105,089	£1,648	5
2001	£108,636	£1,153	7
2000	£105,875	£1,190	8
1999	£85,050	£974	10
1998	£68,500	£712	2
1997	£67,279	£849	7
1996	£69,111	£734	4
1995	£62,500		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£275,000		1
2023	£167,056	£3,059	9
2022	£162,944	£3,218	9
2021	£122,000	£2,383	7
2020	£136,625	£2,728	6
2019	£159,196	£2,918	14
2018	£133,850	£2,245	12
2017	£107,694	£2,541	9
2016	£126,937	£2,221	13
2015	£99,500	£1,885	6
2014	£95,188	£1,705	8
2013	£88,000	£2,197	4
2012	£69,200	£1,492	3
2011	£68,350	£1,697	4
2010	£97,050	£1,665	2
2009	£109,667	£1,777	3
2008	£120,862	£2,333	16
2007	£115,361	£2,235	31
2006	£123,971	£2,789	7
2005	£123,500	£1,824	2
2004	£87,128	£1,587	10
2003	£64,533	£1,626	9
2002	£70,500	£1,562	2
2001	£56,924	£1,013	9
2000	£38,214	£924	7
1999	£35,000	£881	1
1998	£24,250	£423	2
1997	£26,600	£753	3
1996	£24,625	£625	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£126,250	£1,416	2
2022	£330,000	£3,750	1
2021	£205,333	£2,587	3
2020	£245,000	£3,229	2
2019	£19,162,048	£99,285	1
2018	£80,000	£1,485	2
2017	£155,500	£1,243	2

House Type in GL51 0LJ area

The most common house types in the GL51 0LJ postcode area are Semi-detached (64), Terraced (31), and Detached (8).

Total	107
Semi-detached	64
Terraced	31
Detached	8
Flat	2
Shared house	2
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (47), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright	47
Owned: Owns with a mortgage or loan	39
Private rented: Private landlord or letting agency	20
Shared ownership: Shared ownership	2
Private rented: Other private rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the GL51 0LJ have 2 people in household (54), and 1 person in household (26).

2 people in household	54
1 person in household	26
3 people in household	13
4 people in household	12
6 people in household	3
7 people in household	1
0 people in household	0
5 people in household	0
8 or more people in household	0