Housing Market Analysis for MARCHANT CLOSE, GL51 7JR

Are you looking to understand GL51 7JR 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 7JR area, explore the GL51 7JR Area information page.
For comprehensive crime statistics in the GL51 7JR area, explore the GL51 7JR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the GL51 7JR postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £90,693 median price is £70,000 Standard Deviation is £43,404 with Total Sold: 9
    • The Last 5 Year average price is £167,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 16 MARCHANT CLOSE: £167,500 (Sold on 20 Jan 2021)
    • The first recorded sale happened at this postcode is 16 MARCHANT CLOSE: £38,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £123,167 median price is £120,000 Standard Deviation is £10,648 with Total Sold: 3
    • The most recent sale happened at this postcode is 3 MARCHANT CLOSE: £120,000 (Sold on 16 Dec 2011)
    • The first recorded sale happened at this postcode is 17 MARCHANT CLOSE: £112,000 (Sold on 01 Aug 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average GL51 7JR 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£167,500 £2,659 1
2013£120,000 £1,363 1
2009£118,500 £1,346 1
2007£137,500 £1,562 1
2004£62,5001
2002£58,238 £661 1
2001£70,000 £795 1
1996£44,000 £500 1
1995£38,000 £603 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£120,000 £1,867 1
2007£137,500 £2,115 1
2006£112,000 £2,489 1

All the Sales in the MARCHANT CLOSE, GL51 7JR

See the table below for more details on the sold house prices in the GL51 7JR, Cheltenham postcode.

AddressSold DatePrice% Change
16 MARCHANT CLOSETerraced, FreeholdArea: 63 Sq.mtrAge: 1983-199020 Jan 2021£167,500340.79%
27 Jan 1995£38,000First Sale
11 MARCHANT CLOSETerraced, FreeholdArea: 88.04 Sq.mtrAge: 1983-199001 Oct 2013£120,0001.27%
16 Jul 2009£118,500-13.82%
02 Feb 2007£137,500136.10%
28 Nov 2002£58,238-16.80%
21 Sep 2001£70,00059.09%
30 Nov 1996£44,000First Sale
3 MARCHANT CLOSESemi-Detached, FreeholdArea: 64.26 Sq.mtrAge: 1983-199016 Dec 2011£120,000-12.73%
21 May 2007£137,500First Sale
17 MARCHANT CLOSESemi-Detached, FreeholdArea: 45 Sq.mtrAge: 1976-198201 Aug 2006£112,000First Sale
14 MARCHANT CLOSETerraced, Freehold19 Apr 2004£62,500First Sale

Check out the sold house prices near the GL51 7JR postcode. Properties currently for saleProperties currently for rent

MARCHANT CLOSE, GL51 7JR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the GL51 7JR 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 7JR postcode.

  • Terraced
    • The average price is around £144,130 median price is £142,750 Standard Deviation is £70,136 with Total Sold: 569
    • The Last 5 Year average price is £228,708 with Total Sold: 88
    • The most recent sale happened at this postcode is , 13 COLLEGE DRIVE: £400,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 16 MARCHANT CLOSE: £38,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £101,305 median price is £100,000 Standard Deviation is £46,701 with Total Sold: 428
    • The Last 5 Year average price is £143,201 with Total Sold: 56
    • The most recent sale happened at this postcode is , 88 ORCHARD AVENUE: £166,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 80 ORCHARD AVENUE: £31,000 (Sold on 03 Jan 1995)
  • Semi-Detached
    • The average price is around £169,109 median price is £162,500 Standard Deviation is £83,705 with Total Sold: 1,433
    • The Last 5 Year average price is £276,339 with Total Sold: 210
    • The most recent sale happened at this postcode is , 11 ORCHARD WAY: £361,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 9 PRINCESS ELIZABETH WAY: £37,500 (Sold on 19 Jan 1995)
  • Detached
    • The average price is around £226,705 median price is £210,000 Standard Deviation is £94,533 with Total Sold: 176
    • The Last 5 Year average price is £369,050 with Total Sold: 20
    • The most recent sale happened at this postcode is , 93 VILLAGE ROAD: £320,000 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is , 95 VILLAGE ROAD: £44,750 (Sold on 12 May 1995)
  • Other
    • The average price is around £600,173 median price is £197,500 Standard Deviation is £1,012,180 with Total Sold: 8
    • The Last 5 Year average price is £751,064 with Total Sold: 6
    • The most recent sale happened at this postcode is , 22 YARNOLD TERRACE: £220,000 (Sold on 09 Nov 2023)
    • The first recorded sale happened at this postcode is GROUND FLOOR SHOP & FIRST FLOOR FLAT, 164 ARLE ROAD: £25,000 (Sold on 30 May 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,00010
2023£243,682 £3,132 11
2022£243,457 £2,949 21
2021£208,893 £2,530 31
2020£212,500 £2,563 15
2019£181,706 £2,269 18
2018£191,375 £2,396 12
2017£215,617 £2,375 22
2016£213,103 £2,272 33
2015£154,760 £1,921 25
2014£147,613 £1,907 24
2013£137,104 £1,566 14
2012£146,190 £1,661 5
2011£131,733 £1,494 15
2010£127,000 £1,425 7
2009£140,000 £1,628 10
2008£159,075 £2,222 6
2007£148,026 £1,863 24
2006£144,343 £1,736 28
2005£152,100 £2,042 33
2004£119,602 £1,501 23
2003£108,200 £1,431 25
2002£108,126 £1,431 26
2001£95,206 £1,181 40
2000£63,871 £842 24
1999£52,450 £736 10
1998£48,100 £527 15
1997£46,116 £525 19
1996£40,034 £479 13
1995£39,470 £509 10
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£142,0004
2023£158,208 £2,581 12
2022£155,397 £2,833 17
2021£132,500 £2,423 13
2020£118,850 £2,459 10
2019£135,542 £2,310 12
2018£127,333 £2,327 15
2017£113,222 £2,185 9
2016£119,729 £2,075 24
2015£120,700 £2,198 10
2014£85,977 £1,617 11
2013£95,000 £1,667 1
2012£85,556 £1,589 9
2011£86,000 £1,665 2
2010£89,143 £1,581 7
2009£84,500 £1,610 8
2008£105,558 £1,721 12
2007£106,444 £2,153 18
2006£112,711 £2,018 33
2005£146,540 £2,567 56
2004£93,556 £1,882 37
2003£69,455 £1,171 11
2002£65,519 £1,300 13
2001£52,734 £990 18
2000£44,279 £839 17
1999£34,808 £697 13
1998£32,500 £686 13
1997£30,644 £605 9
1996£27,338 £475 8
1995£27,250 £521 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£321,219 £3,042 19
2023£301,349 £3,700 43
2022£288,642 £3,466 49
2021£253,411 £3,095 62
2020£246,354 £2,684 37
2019£248,517 £2,946 46
2018£239,332 £2,788 51
2017£240,763 £2,834 53
2016£237,573 £2,620 98
2015£215,688 £2,394 65
2014£177,284 £2,147 55
2013£161,426 £1,925 47
2012£156,831 £1,897 40
2011£149,553 £1,684 36
2010£162,041 £1,897 23
2009£158,726 £1,759 23
2008£156,571 £1,780 21
2007£171,294 £2,014 56
2006£159,843 £1,861 57
2005£149,042 £1,748 68
2004£140,061 £1,667 47
2003£130,328 £1,383 51
2002£118,843 £1,269 62
2001£90,177 £1,075 58
2000£77,207 £926 41
1999£67,618 £749 53
1998£60,633 £743 44
1997£55,855 £645 46
1996£52,126 £586 39
1995£52,473 £595 43
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£386,000 £3,855 5
2022£383,714 £3,943 7
2021£346,429 £3,259 7
2020£340,000 £3,119 1
2019£291,833 £2,659 6
2018£284,875 £2,834 2
2017£329,950 £3,070 11
2016£293,500 £3,072 10
2015£257,100 £2,509 5
2014£230,642 £2,255 7
2013£221,125 £2,326 4
2012£161,650 £1,576 3
2011£209,861 £1,894 9
2010£205,500 £1,803 5
2009£164,700 £1,640 5
2008£325,0001
2007£209,062 £2,404 8
2006£206,429 £2,001 7
2005£202,235 £1,932 11
2004£185,191 £2,198 13
2003£163,990 £1,762 5
2002£220,935 £1,846 15
2001£159,870 £1,369 12
2000£100,000 £820 1
1999£84,500 £730 4
1998£97,667 £708 3
1997£116,5003
1996£74,500 £629 5
1995£44,750 £503 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£174,000 £2,462 2
2021£369,1902
2020£1,710,000 £2,073 2
2019£270,000 £2,500 1
2017£25,0001

House Type in GL51 7JR area

The most common house types in the GL51 7JR postcode area are Semi-detached (97), Terraced (18), and Detached (8).

Total124
Semi-detached97
Terraced18
Detached8
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright54
Owned: Owns with a mortgage or loan46
Private rented: Private landlord or letting agency12
Social rented: Rents from council or Local Authority11
Social rented: Other social rented2
Shared ownership: Shared ownership1
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the GL51 7JR have 2 people in household (55), and 1 person in household (30).

2 people in household55
1 person in household30
4 people in household19
3 people in household17
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0