Housing Market Analysis for SOMERSET AVENUE, GL51 8BB

Are you looking to understand GL51 8BB 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 8BB area, explore the GL51 8BB Area information page.
For comprehensive crime statistics in the GL51 8BB area, explore the GL51 8BB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the GL51 8BB postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £136,500 median price is £136,500 Standard Deviation is £11,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 32 SOMERSET AVENUE: £148,000 (Sold on 22 May 2015)
    • The first recorded sale happened at this postcode is 28 SOMERSET AVENUE: £125,000 (Sold on 04 Feb 2005)
  • Semi-Detached
    • The average price is around £105,000 median price is £105,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 36 SOMERSET AVENUE: £105,000 (Sold on 24 Apr 2002)
    • The first recorded sale happened at this postcode is 36 SOMERSET AVENUE: £105,000 (Sold on 24 Apr 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average GL51 8BB 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
2015£148,000 £1,762 1
2005£125,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£105,0001

All the Sales in the SOMERSET AVENUE, GL51 8BB

See the table below for more details on the sold house prices in the GL51 8BB, Cheltenham postcode.

AddressSold DatePrice% Change
32 SOMERSET AVENUETerraced, FreeholdArea: 84 Sq.mtrAge: 1950-196622 May 2015£148,000First Sale
28 SOMERSET AVENUETerraced, Freehold04 Feb 2005£125,000First Sale
36 SOMERSET AVENUESemi-Detached, Freehold24 Apr 2002£105,000First Sale

Check out the sold house prices near the GL51 8BB postcode. Properties currently for saleProperties currently for rent

SOMERSET AVENUE, GL51 8BB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the GL51 8BB 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 8BB postcode.

  • Terraced
    • The average price is around £156,318 median price is £155,475 Standard Deviation is £75,155 with Total Sold: 664
    • The Last 5 Year average price is £254,869 with Total Sold: 108
    • 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 , 27 ROMAN ROAD: £53,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £174,979 median price is £172,500 Standard Deviation is £84,523 with Total Sold: 1,230
    • The Last 5 Year average price is £281,003 with Total Sold: 210
    • The most recent sale happened at this postcode is , 4 ALSTONE CROFT: £313,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 38 LIBERTUS ROAD: £23,000 (Sold on 18 Jan 1995)
  • Flat
    • The average price is around £89,580 median price is £94,000 Standard Deviation is £40,430 with Total Sold: 358
    • The Last 5 Year average price is £136,202 with Total Sold: 49
    • 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)
  • Other
    • The average price is around £756,492 median price is £225,000 Standard Deviation is £2,767,070 with Total Sold: 31
    • The Last 5 Year average price is £245,000 with Total Sold: 14
    • The most recent sale happened at this postcode is UNIT 14, ALSTONE TRADING ESTATE ALSTONE LANE: £245,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is UNIT 8A, ALSTONE TRADING ESTATE ALSTONE LANE: £200,000 (Sold on 17 Mar 2014)
  • Detached
    • The average price is around £243,452 median price is £230,000 Standard Deviation is £164,131 with Total Sold: 232
    • The Last 5 Year average price is £391,250 with Total Sold: 41
    • The most recent sale happened at this postcode is , 22 ARLE ROAD: £430,000 (Sold on 22 May 2024)
    • The first recorded sale happened at this postcode is , 91 ROWANFIELD ROAD: £78,800 (Sold on 29 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£301,250 £3,674 10
2023£288,058 £3,485 13
2022£278,550 £3,469 21
2021£255,715 £2,914 26
2020£230,000 £2,684 19
2019£205,286 £2,614 19
2018£228,964 £2,521 14
2017£225,198 £2,614 30
2016£229,610 £2,572 32
2015£174,425 £2,064 24
2014£178,200 £2,180 22
2013£161,688 £1,959 21
2012£164,826 £2,005 19
2011£164,438 £1,931 8
2010£146,583 £1,755 15
2009£149,294 £1,748 21
2008£151,847 £1,773 15
2007£159,610 £1,862 30
2006£160,397 £2,029 32
2005£152,311 £1,724 32
2004£133,076 £1,597 25
2003£119,838 £1,493 30
2002£114,476 £1,434 29
2001£104,636 £1,267 33
2000£73,063 £979 27
1999£59,736 £790 21
1998£53,497 £661 21
1997£48,500 £608 19
1996£46,298 £515 20
1995£44,466 £547 16
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£318,521 £3,042 14
2023£322,835 £3,680 33
2022£306,979 £3,498 33
2021£272,781 £2,963 54
2020£244,138 £2,711 33
2019£255,367 £3,053 43
2018£245,518 £2,917 52
2017£245,324 £2,812 57
2016£239,153 £2,648 80
2015£212,701 £2,358 50
2014£187,819 £2,151 42
2013£176,157 £1,973 51
2012£168,756 £1,865 34
2011£161,235 £1,705 27
2010£172,070 £1,881 27
2009£160,117 £1,895 27
2008£168,825 £1,938 26
2007£177,361 £1,864 40
2006£166,433 £1,833 57
2005£157,460 £1,826 52
2004£149,403 £1,630 39
2003£133,554 £1,363 42
2002£113,076 £1,361 46
2001£92,869 £1,079 41
2000£78,153 £877 32
1999£70,189 £725 42
1998£62,302 £774 37
1997£56,388 £670 50
1996£51,497 £554 35
1995£52,450 £556 34
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£166,0001
2023£139,455 £3,498 11
2022£146,125 £3,441 10
2021£139,500 £2,900 6
2020£124,973 £2,870 13
2019£131,375 £3,166 8
2018£126,500 £2,699 10
2017£129,750 £2,962 12
2016£114,125 £2,652 20
2015£113,556 £2,697 9
2014£94,444 £1,800 9
2013£137,333 £2,746 3
2012£87,643 £2,029 7
2011£94,600 £2,374 5
2010£88,667 £2,158 3
2009£94,562 £2,135 8
2008£104,375 £2,143 4
2007£121,734 £2,897 22
2006£113,275 £2,578 25
2005£92,462 £2,159 13
2004£90,997 £2,134 24
2003£96,071 £2,138 7
2002£77,549 £1,575 17
2001£53,739 £1,187 14
2000£49,002 £1,167 23
1999£43,797 £1,104 18
1998£36,920 £961 23
1997£34,784 £866 16
1996£31,304 £734 12
1995£29,000 £761 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£315,0004
2023£420,0001
2022£210,0003
2021£180,0001
2020£110,000 £2,073 2
2019£240,0003
2017£1,948,194 £7,143 9
2016£397,400 £1,811 5
2015£155,0001
2014£172,7502
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£430,0001
2023£352,5003
2022£383,714 £3,949 7
2021£451,453 £3,225 16
2020£402,833 £2,925 3
2019£312,364 £2,728 11
2018£313,750 £2,951 4
2017£329,950 £3,070 11
2016£285,800 £2,956 15
2015£257,167 £2,541 6
2014£248,228 £2,323 12
2013£247,135 £2,404 11
2012£200,000 £1,674 1
2011£201,725 £2,062 8
2010£216,583 £1,782 6
2009£195,929 £1,843 7
2008£300,0002
2007£224,636 £2,529 11
2006£257,995 £2,195 10
2005£222,260 £2,116 8
2004£233,081 £2,275 11
2003£152,242 £1,762 6
2002£199,242 £1,768 21
2001£150,818 £1,358 14
2000£138,333 £1,103 3
1999£75,083 £647 6
1998£80,000 £487 4
1997£83,1586
1996£82,571 £434 7
1995£78,800 £982 1

House Type in GL51 8BB area

The most common house types in the GL51 8BB postcode area are Semi-detached (63), Flat (39), and Terraced (25).

Total137
Semi-detached63
Flat39
Terraced25
Detached8
Shared house2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (46), and Social rented: Rents from council or Local Authority (43).

Owned: Owns with a mortgage or loan46
Social rented: Rents from council or Local Authority43
Owned: Owns outright30
Private rented: Private landlord or letting agency11
Social rented: Other social rented5
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the GL51 8BB have 1 person in household (52), and 2 people in household (35).

1 person in household52
2 people in household35
3 people in household22
4 people in household21
5 people in household4
6 people in household3
8 or more people in household1
0 people in household0
7 people in household0