Housing Market Analysis for SOMERSET AVENUE, GL51 8BP

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £148,000 median price is £148,000 Standard Deviation is £67,000 with Total Sold: 2
    • The Last 5 Year average price is £215,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 SOMERSET AVENUE: £215,000 (Sold on 13 Dec 2023)
    • The first recorded sale happened at this postcode is 4 SOMERSET AVENUE: £81,000 (Sold on 28 Sep 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average GL51 8BP 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£215,000 £2,560 1
2001£81,000 £964 1

All the Sales in the SOMERSET AVENUE, GL51 8BP

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

AddressSold DatePrice% Change
4 SOMERSET AVENUETerraced, FreeholdArea: 84 Sq.mtrAge: 1930-194913 Dec 2023£215,000165.43%
28 Sep 2001£81,000First Sale

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

SOMERSET AVENUE, GL51 8BP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £159,249 median price is £157,000 Standard Deviation is £80,737 with Total Sold: 886
    • The Last 5 Year average price is £263,917 with Total Sold: 142
    • 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 £188,465 median price is £180,000 Standard Deviation is £94,425 with Total Sold: 1,248
    • The Last 5 Year average price is £297,948 with Total Sold: 240
    • 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)
  • Detached
    • The average price is around £260,199 median price is £245,000 Standard Deviation is £169,329 with Total Sold: 236
    • The Last 5 Year average price is £396,884 with Total Sold: 43
    • 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 £992,007 median price is £240,000 Standard Deviation is £2,777,608 with Total Sold: 39
    • The Last 5 Year average price is £395,227 with Total Sold: 22
    • 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)
  • Flat
    • The average price is around £121,868 median price is £115,500 Standard Deviation is £59,645 with Total Sold: 316
    • The Last 5 Year average price is £158,309 with Total Sold: 46
    • The most recent sale happened at this postcode is , 1 COBBLESTONE WAY: £100,000 (Sold on 11 Mar 2024)
    • The first recorded sale happened at this postcode is FLAT 33, STOW COURT GLOUCESTER ROAD: £36,000 (Sold on 22 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,500 £3,674 11
2023£279,093 £3,508 20
2022£291,933 £3,520 24
2021£263,039 £3,030 31
2020£226,864 £2,677 22
2019£248,154 £2,842 34
2018£239,839 £2,649 19
2017£236,824 £2,688 37
2016£214,522 £2,530 45
2015£180,287 £2,222 32
2014£181,200 £2,280 26
2013£173,557 £2,084 22
2012£162,239 £2,002 28
2011£168,223 £1,951 11
2010£142,927 £1,717 20
2009£160,424 £1,841 24
2008£154,041 £1,884 17
2007£172,701 £1,943 36
2006£168,257 £2,023 50
2005£160,138 £1,818 39
2004£147,009 £1,595 37
2003£124,650 £1,585 40
2002£124,650 £1,478 40
2001£109,102 £1,318 34
2000£76,097 £1,020 34
1999£63,258 £854 36
1998£53,774 £644 30
1997£52,411 £608 30
1996£45,555 £596 36
1995£44,762 £549 21
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£329,839 £3,120 14
2023£312,198 £3,655 28
2022£319,023 £3,552 35
2021£291,889 £3,079 58
2020£280,223 £2,927 45
2019£290,716 £3,102 60
2018£258,197 £2,966 58
2017£258,695 £2,866 59
2016£242,187 £2,728 81
2015£224,448 £2,476 48
2014£190,683 £2,238 41
2013£183,885 £1,961 39
2012£169,796 £1,880 27
2011£164,301 £1,822 26
2010£189,545 £1,968 20
2009£163,009 £1,854 23
2008£183,796 £1,880 27
2007£201,068 £2,082 47
2006£169,075 £1,863 51
2005£164,933 £1,954 46
2004£160,559 £1,737 42
2003£153,175 £1,697 55
2002£125,370 £1,583 52
2001£106,656 £1,122 42
2000£93,344 £895 33
1999£76,515 £730 41
1998£66,373 £795 38
1997£58,430 £679 45
1996£51,427 £546 29
1995£53,476 £574 38
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,0002
2023£352,5003
2022£383,714 £3,949 7
2021£459,038 £3,384 13
2020£512,000 £3,514 2
2019£339,438 £3,104 16
2018£334,100 £3,000 5
2017£324,704 £3,041 12
2016£285,692 £3,080 13
2015£253,429 £2,362 7
2014£306,249 £2,361 15
2013£232,648 £2,423 10
2012£362,500 £1,674 2
2011£206,929 £2,070 7
2010£231,500 £2,014 5
2009£218,500 £1,991 4
2008£325,0001
2007£237,077 £2,434 13
2006£295,829 £2,371 12
2005£259,808 £2,257 10
2004£245,717 £2,249 11
2003£182,636 £1,762 7
2002£196,549 £1,801 22
2001£154,727 £1,443 13
2000£140,000 £1,341 2
1999£114,929 £723 7
1998£66,167 £487 3
1997£80,6254
1996£91,430 £381 5
1995£75,433 £982 3
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£248,889 £2,667 9
2018£171,0001
2017£2,784,7926
2016£1,670,0006
2015£1,374,0102
2014£172,7502
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,0001
2023£158,600 £3,620 10
2022£160,273 £3,494 11
2021£185,914 £3,193 11
2020£133,950 £3,124 7
2019£141,750 £3,376 6
2018£137,180 £2,682 5
2017£175,731 £3,336 13
2016£139,332 £2,803 19
2015£141,700 £2,734 10
2014£121,300 £2,338 5
2013£140,714 £2,450 7
2012£130,550 £2,303 10
2011£127,750 £2,863 4
2010£151,000 £2,558 5
2009£105,000 £2,445 6
2008£165,000 £2,809 4
2007£143,489 £3,009 23
2006£149,794 £2,671 45
2005£150,859 £2,712 16
2004£116,938 £2,277 12
2003£105,500 £2,055 6
2002£99,312 £1,950 12
2001£63,090 £1,496 5
2000£51,610 £1,344 15
1999£47,797 £1,277 15
1998£41,136 £1,088 14
1997£36,271 £959 12
1996£33,992 £942 6
1995£36,000 £1,094 1

House Type in GL51 8BP area

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