Housing Market Analysis for SOMERSET AVENUE, GL51 8BH

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £131,000 median price is £131,000 Standard Deviation is £11,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 12 SOMERSET AVENUE: £142,000 (Sold on 11 Jul 2008)
    • The first recorded sale happened at this postcode is 12 SOMERSET AVENUE: £120,000 (Sold on 31 Jul 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average GL51 8BH 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
2008£142,000 £1,732 1
2003£120,000 £1,463 1

All the Sales in the SOMERSET AVENUE, GL51 8BH

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

AddressSold DatePrice% Change
12 SOMERSET AVENUESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196611 Jul 2008£142,00018.33%
31 Jul 2003£120,000First Sale

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

SOMERSET AVENUE, GL51 8BH Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £158,962 median price is £157,100 Standard Deviation is £78,730 with Total Sold: 738
    • The Last 5 Year average price is £259,550 with Total Sold: 117
    • 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 £185,156 median price is £178,000 Standard Deviation is £91,490 with Total Sold: 1,304
    • The Last 5 Year average price is £290,691 with Total Sold: 237
    • 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 £96,143 median price is £101,125 Standard Deviation is £44,232 with Total Sold: 360
    • The Last 5 Year average price is £143,324 with Total Sold: 46
    • 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)
  • Detached
    • The average price is around £253,726 median price is £235,000 Standard Deviation is £165,844 with Total Sold: 259
    • The Last 5 Year average price is £397,561 with Total Sold: 45
    • The most recent sale happened at this postcode is , SOUTHBOURNE HOUSE, 219 GLOUCESTER ROAD: £470,000 (Sold on 24 Jul 2024)
    • The first recorded sale happened at this postcode is , 239 GLOUCESTER ROAD: £60,000 (Sold on 13 Apr 1995)
  • Other
    • The average price is around £773,201 median price is £234,000 Standard Deviation is £2,614,997 with Total Sold: 36
    • The Last 5 Year average price is £404,048 with Total Sold: 21
    • 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)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£297,550 £3,674 10
2023£282,983 £3,383 15
2022£300,645 £3,582 21
2021£259,244 £2,957 25
2020£226,864 £2,677 22
2019£223,393 £2,813 24
2018£231,679 £2,534 14
2017£234,645 £2,681 31
2016£216,890 £2,504 41
2015£174,846 £2,097 28
2014£177,658 £2,199 23
2013£168,237 £2,048 19
2012£162,487 £1,965 23
2011£164,438 £1,931 8
2010£141,750 £1,718 17
2009£162,270 £1,844 21
2008£151,847 £1,773 15
2007£170,773 £1,891 32
2006£167,754 £1,968 41
2005£163,734 £1,755 34
2004£143,807 £1,586 33
2003£119,370 £1,517 34
2002£124,485 £1,448 32
2001£111,383 £1,328 30
2000£76,904 £973 28
1999£59,538 £810 24
1998£52,399 £657 26
1997£52,098 £576 24
1996£47,394 £517 24
1995£44,185 £522 19
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,062 £3,120 13
2023£318,046 £3,631 34
2022£313,481 £3,568 37
2021£285,096 £3,020 59
2020£272,629 £2,911 43
2019£266,313 £3,095 51
2018£257,007 £3,016 61
2017£254,500 £2,855 60
2016£240,436 £2,703 83
2015£222,099 £2,396 51
2014£191,866 £2,209 45
2013£185,959 £1,979 48
2012£175,288 £1,899 32
2011£164,245 £1,794 30
2010£189,227 £1,913 26
2009£161,181 £1,859 26
2008£186,053 £1,903 28
2007£197,928 £1,937 50
2006£168,783 £1,821 51
2005£167,128 £1,920 50
2004£159,119 £1,663 44
2003£152,268 £1,611 49
2002£121,016 £1,533 50
2001£102,942 £1,104 46
2000£92,254 £873 37
1999£76,919 £745 44
1998£65,389 £785 39
1997£57,893 £662 48
1996£52,403 £555 32
1995£53,785 £557 37
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£166,0001
2023£142,875 £3,652 8
2022£140,479 £3,403 12
2021£157,500 £3,027 9
2020£133,017 £2,973 9
2019£140,500 £3,306 7
2018£132,211 £2,643 9
2017£139,833 £3,180 12
2016£116,290 £2,653 19
2015£117,450 £2,654 10
2014£104,062 £2,052 8
2013£106,000 £2,077 5
2012£94,625 £2,081 8
2011£94,600 £2,374 5
2010£85,333 £1,961 3
2009£99,750 £2,251 8
2008£108,500 £2,143 5
2007£124,629 £2,923 24
2006£129,557 £2,520 35
2005£97,717 £2,241 15
2004£102,603 £2,128 17
2003£102,857 £2,055 7
2002£88,537 £1,788 19
2001£54,779 £1,230 12
2000£49,240 £1,198 21
1999£44,969 £1,131 21
1998£38,461 £973 22
1997£35,875 £915 14
1996£31,065 £785 10
1995£29,000 £761 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,0002
2023£352,5003
2022£383,714 £3,949 7
2021£443,132 £3,262 17
2020£473,125 £3,171 4
2019£318,417 £2,907 12
2018£313,750 £2,951 4
2017£324,704 £3,041 12
2016£285,800 £2,956 15
2015£253,429 £2,362 7
2014£299,608 £2,332 16
2013£234,135 £2,381 11
2012£362,500 £1,674 2
2011£201,725 £2,062 8
2010£222,786 £1,782 7
2009£195,929 £1,843 7
2008£300,0002
2007£237,077 £2,434 13
2006£295,829 £2,371 12
2005£259,808 £2,257 10
2004£245,741 £2,275 12
2003£182,636 £1,762 7
2002£202,003 £1,763 23
2001£154,727 £1,443 13
2000£152,500 £1,217 4
1999£107,278 £703 9
1998£80,000 £487 4
1997£83,1586
1996£90,644 £434 8
1995£69,400 £982 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£315,0004
2023£1,978,5002
2022£210,0003
2021£190,000 £1,105 2
2020£114,0002
2019£253,750 £2,667 8
2018£171,0001
2017£2,784,7926
2016£394,0005
2015£155,0001
2014£172,7502

House Type in GL51 8BH area

The most common house types in the GL51 8BH postcode area are Semi-detached (86), Terraced (25), and Detached (7).

Total121
Semi-detached86
Terraced25
Detached7
Flat2
Shared house1
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 (49), and Social rented: Rents from council or Local Authority (29).

Owned: Owns with a mortgage or loan49
Social rented: Rents from council or Local Authority29
Owned: Owns outright26
Private rented: Private landlord or letting agency11
Social rented: Other social rented3
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the GL51 8BH have 2 people in household (41), and 3 people in household (27).

2 people in household41
3 people in household27
1 person in household22
4 people in household14
5 people in household11
6 people in household5
8 or more people in household1
0 people in household0
7 people in household0