Housing Market Analysis for SOMERSET AVENUE, GL51 8BD

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £180,050 median price is £172,600 Standard Deviation is £81,215 with Total Sold: 4
    • The Last 5 Year average price is £246,600 with Total Sold: 2
    • The most recent sale happened at this postcode is 55 SOMERSET AVENUE: £300,000 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is 59 SOMERSET AVENUE: £75,000 (Sold on 08 Apr 2003)
  • Semi-Detached
    • The average price is around £82,000 median price is £82,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 49 SOMERSET AVENUE: £82,000 (Sold on 21 Jun 2002)
    • The first recorded sale happened at this postcode is 49 SOMERSET AVENUE: £82,000 (Sold on 21 Jun 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average GL51 8BD 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
2023£300,000 £4,286 1
2019£193,200 £2,300 1
2015£152,000 £2,171 1
2003£75,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£82,0001

All the Sales in the SOMERSET AVENUE, GL51 8BD

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

AddressSold DatePrice% Change
55 SOMERSET AVENUETerraced, FreeholdArea: 70 Sq.mtrAge: 1950-196628 Jul 2023£300,00097.37%
04 Dec 2015£152,000First Sale
57 SOMERSET AVENUETerraced, FreeholdArea: 84 Sq.mtrAge: 1950-196618 Jan 2019£193,200First Sale
59 SOMERSET AVENUETerraced, Freehold08 Apr 2003£75,000First Sale
49 SOMERSET AVENUESemi-Detached, Freehold21 Jun 2002£82,000First Sale

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

SOMERSET AVENUE, GL51 8BD Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £153,317 median price is £153,500 Standard Deviation is £73,908 with Total Sold: 561
    • The Last 5 Year average price is £247,842 with Total Sold: 86
    • 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 £175,887 median price is £173,000 Standard Deviation is £84,847 with Total Sold: 1,236
    • The Last 5 Year average price is £281,683 with Total Sold: 218
    • 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 , 180 BROOKLYN ROAD: £54,000 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £94,879 median price is £97,000 Standard Deviation is £42,050 with Total Sold: 276
    • The Last 5 Year average price is £143,340 with Total Sold: 39
    • 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 £803,152 median price is £213,750 Standard Deviation is £2,907,438 with Total Sold: 28
    • 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 £241,944 median price is £226,000 Standard Deviation is £163,492 with Total Sold: 234
    • The Last 5 Year average price is £392,906 with Total Sold: 40
    • 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£299,389 £3,674 9
2023£275,194 £3,456 9
2022£270,284 £3,396 16
2021£250,733 £2,987 18
2020£227,688 £2,618 16
2019£203,468 £2,627 18
2018£222,179 £2,426 14
2017£228,818 £2,563 25
2016£227,962 £2,569 28
2015£175,405 £2,067 19
2014£178,270 £2,164 20
2013£154,997 £1,884 16
2012£160,047 £1,997 15
2011£167,000 £1,931 6
2010£144,196 £1,732 14
2009£145,798 £1,712 19
2008£150,092 £1,780 13
2007£162,105 £1,898 27
2006£157,777 £2,025 28
2005£150,389 £1,685 23
2004£131,121 £1,576 24
2003£116,375 £1,471 26
2002£111,409 £1,480 23
2001£106,583 £1,299 30
2000£73,446 £996 24
1999£57,886 £784 18
1998£51,528 £658 16
1997£47,694 £597 18
1996£45,968 £515 17
1995£42,204 £567 12
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£318,521 £3,042 14
2023£323,687 £3,732 35
2022£305,560 £3,548 34
2021£274,372 £2,984 57
2020£243,575 £2,682 34
2019£257,018 £3,091 44
2018£245,374 £2,914 56
2017£243,726 £2,810 53
2016£238,706 £2,648 79
2015£213,541 £2,364 50
2014£190,173 £2,201 46
2013£174,490 £1,964 50
2012£168,334 £1,867 35
2011£160,805 £1,716 29
2010£172,070 £1,881 27
2009£162,929 £1,886 26
2008£169,580 £1,938 25
2007£177,361 £1,864 40
2006£165,435 £1,844 55
2005£155,507 £1,831 54
2004£145,151 £1,573 38
2003£133,945 £1,368 41
2002£113,325 £1,345 46
2001£93,191 £1,090 40
2000£78,179 £885 33
1999£70,511 £734 39
1998£61,626 £782 37
1997£56,568 £664 50
1996£52,247 £558 34
1995£54,096 £587 35
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£166,0001
2023£144,312 £3,471 8
2022£150,031 £3,384 8
2021£155,786 £2,739 7
2020£128,600 £2,776 10
2019£138,600 £3,075 5
2018£130,995 £2,613 10
2017£131,200 £2,840 10
2016£116,500 £2,583 16
2015£124,000 £2,476 5
2014£90,975 £1,769 10
2013£137,333 £2,746 3
2012£85,500 £1,852 5
2011£92,333 £2,082 3
2010£88,667 £2,158 3
2009£93,786 £2,043 7
2008£104,375 £2,143 4
2007£123,122 £2,827 18
2006£113,255 £2,527 24
2005£89,318 £1,950 11
2004£90,656 £2,054 22
2003£106,875 £1,678 4
2002£78,719 £1,501 13
2001£53,029 £1,154 12
2000£43,550 £879 15
1999£41,941 £931 11
1998£36,841 £757 11
1997£32,725 £729 8
1996£29,394 £525 8
1995£27,250 £594 4
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£2,390,5367
2016£456,0004
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£311,100 £2,754 10
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£245,441 £2,306 13
2013£238,680 £2,371 11
2012£172,500 £1,538 2
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£252,268 £2,191 11
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 8BD area

The most common house types in the GL51 8BD 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 8BD 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