House Prices in Cheltenham: Past, Present and What’s Ahead
These aren’t rumours – they’re rows of figures. Cheltenham’s market is updating steadily, and the signs are easy to spot with the right view.
The data here has been refined to present a clean and comprehensive picture of Cheltenham’s property market, showing where growth is occurring and how different zones are behaving in the current climate.
House Prices > Cheltenham
How Have House Prices in Cheltenham Moved Year by Year?
Use the table below to follow the year-on-year shifts in Cheltenham’s property values.
| Year | Average Price | Transactions |
|---|---|---|
| 2025 (proj.) | £386,500 | 3,254 |
| 2024 | £377,000 | 2,400 |
| 2023 | £370,900 | 2,667 |
| 2022 | £369,300 | 3,380 |
| 2021 | £356,700 | 4,332 |
| 2020 | £346,200 | 2,995 |
| 2019 | £328,500 | 3,267 |
| 2018 | £324,700 | 3,735 |
The property scene in Cheltenham is a rollercoaster ride — thrilling for some, stomach-churning for others. Prices have steadily marched upwards, ignoring the turbulence seen in some northern markets and performing far more robustly than a great many Midlands neighbours. Since 2018, the market’s resilience is almost palpable: even the shock of 2020 could not halt Cheltenham's upward pace, highlighting just how desirable the area remains compared to most regional rivals.
- While house values reach new heights nearly every year, transaction volume is a different story. Activity soared in 2021, like a Gold Cup race drawing crowds to the railings, yet since then, the number of completed sales has dropped more sharply than anyone might expect for such a consistently buoyant patch.
- This hints at two things: firstly, a growing squeeze on the supply of new listings, and secondly, demand staying stubbornly high, likely fuelled by affluent newcomers and locals already invested in Cheltenham’s quality of life.
- Looking further afield, Cheltenham still looks attractively affordable compared to London’s cut-throat postcodes or Bath’s hallowed crescents, but the gap is shrinking fast. The projected continued growth into 2025 positions the town as one of the region’s standout performers.
So, what are the key takeaway points?
- If you’re looking for stable, long-term value, Cheltenham is still a strong pick.
- Homeowners in the town are holding tight to their properties, which keeps values high and transactions down.
- Global uncertainty and regional economic shifts have barely left a mark — Cheltenham’s appeal is as rock-solid as the Promenade on a crisp Sunday morning.
Curious about what really drives Cheltenham’s property prices? Our property valuation guide dives into the factors that continue to set Cheltenham apart from the crowd.
Cheltenham Property Values by Housing Style
Detached
Avg. Property Price: 564,800
Avg. Size of Property
1,430 sq/ft
Avg. Cost Per Sq/ft
£415 sq/ft
Total transactions
1,097 (since 2021)
Semi-detached
Avg. Property Price: 377,200
Avg. Size of Property
1,032 sq/ft
Avg. Cost Per Sq/ft
£373 sq/ft
Total transactions
2,020 (since 2021)
Terraces
Avg. Property Price: 303,300
Avg. Size of Property
881 sq/ft
Avg. Cost Per Sq/ft
£347 sq/ft
Total transactions
2,716 (since 2021)
Apartments
Avg. Property Price: 224,700
Avg. Size of Property
686 sq/ft
Avg. Cost Per Sq/ft
£325 sq/ft
Total transactions
956 (since 2021)
Cheltenham’s property prices dance to their own vibrant tune, shifting noticeably from one property type to the next. Detached homes continue to command top billing, their high price tags matched by expansive interiors and a premium lifestyle. If your sights are set on spacious living, these elegant houses at the leafy edges of Cheltenham should catch your eye. With their generous footprints, they’re seldom a bargain, but they offer plenty of breathing room that appeals deeply to established families and anyone prioritising peace, privacy and – let’s be honest – a show of status.
At the other end of the spectrum, flats paint a distinctly different picture. Their compact size and comparatively slimmer price mean they often attract first-time buyers, solo professionals and investors seeking city convenience or handsome rental yields. With nearly as many transactions as detached homes in recent years, it’s clear Cheltenham’s vibrant market for flats is bubbling up like the buzz at Montpellier Gardens during festival season. Even so, the smaller sizes typical of these homes do mean you’re paying a touch more per square foot for the privilege of low-maintenance, urban living.
Somewhere in the middle, terraced and semi-detached houses are the real movers and shakers. They rack up the highest number of transactions – a useful signpost that these streets are alive with activity and remain highly sought-after. Buyers eyeing these mid-market homes are usually drawn to a Goldilocks mix of space, value and traditional charm. Semi-detached homes, with their slightly larger layouts, often satisfy growing families who want gardens and reliable storage without stretching to detached prices. Terraces, meanwhile, offer affordable entry into established neighbourhoods, but still deliver on period features and close-knit communities.
What leaps out is just how marked the price, size and cost per square foot differences are between property types. Stretch your budget and you unlock sprawling detached gardens and added privacy, but even with more modest funds you’re not frozen out – terraces and flats still offer realistic routes onto Cheltenham’s property ladder. It’s a fluid, at times unpredictable market – a bit like the weather on Pittville Park – where opportunity waits for those who can move decisively.
If squeezing maximum value for each pound you spend is important, you may want to focus on space-efficient property types or target certain streets with proven value. For more intel, check out our breakdown of Cheltenham’s top-rated streets for buyers.
So, what are the key takeaway points?
- If you crave space, detached homes are hard to beat – but require a sturdy budget.
- Semi-detached and terraced houses continue to be the workhorses of Cheltenham’s market, ideal for families and those seeking a mix of community feel and value.
- Flats provide an accessible entry point, especially for new buyers and investors, but smaller square footage can mean higher cost per square foot compared to other types.
- The volume of transactions in the mid-range tells us that demand for “just right” Cheltenham homes isn’t wavering anytime soon.
What Homes Cost in Each Cheltenham District
| District | Avg Price (£) | Transactions |
|---|---|---|
| CO3 | £400,000 | 1 |
| GL20 | £350,000 | 1 |
| GL50 | £325,800 | 3,832 |
| GL51 | £287,900 | 5,923 |
| GL52 | £340,900 | 7,328 |
| GL53 | £460,600 | 2,743 |
| GL54 | £435,900 | 3,146 |
Cheltenham’s property market comes alive district by district, each postcode boasting its own distinctive blend of average prices and transaction activity. It’s a classic case of contrasts, where leafy prestige rubs shoulders with districts busy as Montpellier on race day.
GL53 and GL54 easily lead the premium pack, with average sale prices that would make even seasoned investors blink. These areas are clearly dominated by sizable family homes, lavish gardens, and a dose of old-school Cheltenham character. Consistently robust pricing in these districts highlights their reputation as aspirational neighbourhoods, but with fewer sales taking place, properties tend to trade hands at a more leisurely pace – more river cruise than commuter sprint.
Swing by GL50 and GL52, and you’ll see plenty of movement. These districts aren’t just lively – they’re positively bustling, recording thousands of transactions each year. Both offer a tantalising mix of central location, period charm, and pragmatic pricing. In particular, GL52 finds a solid middle ground, managing to blend decent space with more accessible price tags. If you’re keen to see how these buzzing areas compare with Cheltenham’s true bargains, have a read of Looking to Save? Check These Cheltenham Districts.
GL51 is Cheltenham’s stalwart for transaction volume. With property prices sitting at the lower end of the Cheltenham spectrum, this area caters especially well to first-time buyers and those seeking value without venturing too far out. Far from sleepy suburbia, it offers reliable amenities and practical transport links – plus, its market is usually as quick off the mark as Pittville Park on a summer weekend.
Then there’s GL20 and CO3: both see minimal property sales, possibly due to a tightly held housing stock or a distinctive, perhaps rural, community flavour. These outlier transactions barely register compared to the high-octane Cheltenham postcodes.
So, what are the key takeaway points?
- Premium picks: GL53 and GL54 attract buyers with larger budgets seeking exclusivity and space, but homes rarely come up for grabs.
- Central action: GL50 and GL52 provide a vibrant mix of activity and liveable pricing, making them appealing for those wanting location with value.
- Accessible options: GL51 keeps things budget-friendly and brisk-paced for buyers keen to get their foot in the Cheltenham door.
- Rural fringe: GL20 and CO3 see rare movement – ideal for those who value peace and neighbourly continuity above all else.
Cheltenham’s districts show that property values and transaction speed do not always go hand in hand. Some areas thrive on exclusivity and tradition, while others pulse with transactional energy. For a more granular look at what determines house valuations street by street, check out our guide: Everything You Need to Know About Property Valuation in Cheltenham.
Please be aware that these figures only highlight average sale prices and transaction numbers for each district.
This does not consider the average home size or per square foot cost, so some patterns may be missed. For a more complete district breakdown, head over to our blog. Thank you for checking.
Cheltenham House Prices vs the West Midlands Area
| City | Avg Price (£) | Transactions |
|---|---|---|
| Tewkesbury | £291,900 | 2,308 |
| Gloucester | £251,700 | 14,363 |
| Broadway | £433,000 | 605 |
| Stroud | £355,500 | 4,064 |
| Evesham | £283,800 | 4,153 |
| Cirencester | £382,200 | 2,639 |
| Stonehouse | £314,700 | 1,628 |
| Newent | £297,400 | 852 |
| Pershore | £329,500 | 1,803 |
| Moreton-In-Marsh | £384,400 | 997 |
House prices in Cheltenham have always carried a quiet air of exclusivity, but the broader region truly reveals how rarefied things have become for today’s buyers. If you’re picturing Cheltenham as the only high-priced outpost in this part of the Cotswolds, think again. The patchwork of neighbouring towns paints a landscape of pronounced contrasts, each with its own pull.
Here’s what stands out straight away:
- Lavish addresses like Broadway and Moreton-in-Marsh continue to set the bar, with averages veering well beyond £380,000. These villages are classic magnets for buyers chasing postcard-pretty high streets and historic stone cottages. If you want in, you’ll need deep pockets and a little patience – homes rarely change hands, making buyers feel like finding an affordable property here truly is like searching for a needle in a haystack – on a foggy Cotswold morning.
- Meanwhile, Gloucester and Evesham anchor the more attainable end of the scale. Their average prices are comfortably below the regional mid-point, and they see active markets – Gloucester, in particular, racks up transaction numbers at a pace that makes Cheltenham's market feel sleepy by comparison. It’s a different vibe – less overt prestige, more hometown buzz.
- Stroud and Cirencester have charted their own steady ascent, becoming quietly fashionable for those after bohemian charm or market town refinement. Prices in both are edging up, but you still encounter a mix of buyers – families, creatives, even a few London leavers.
Patterns shift, but one truth stands out: Cheltenham’s neighbours are anything but predictable. Market tempo, price points, and buyer profiles swing from street to street, not just from town to town.
So, what should we remember?
- Premium spots attract patient, well-funded buyers – rarity is real in Broadway and Moreton-in-Marsh.
- Active markets with accessible prices keep Gloucester and Evesham moving – expect competition but less pressure on your budget.
- Transitional towns like Stroud and Cirencester are steadily heating up – buyers seeking character and evolving communities find fertile ground here.
The Cheltenham area isn’t just one homogenous market. Instead, it’s a fascinating patchwork, each piece moving to its own surprising rhythm – a reminder that timing, taste, and geography are all part of the house-hunting journey.
Please keep in mind that these comparisons focus strictly on average prices and transaction counts, without factoring in size differences between properties.
Property size and cost per square foot are not factored in, meaning some shifts may be missed. To explore further, visit our blog.
The Pace, Prices and Patterns in Cheltenham
Trying to wrap your head around Cheltenham’s housing market? These brilliant, fuss-free guides give you an edge (and maybe a grin).
Verified Data Sources
By combining solid government records with our refined calculation methods, we create wonderfully accurate valuations for each street. We strip out anomalies, tweak energy ratings, and recalibrate property types to reflect local conditions fairly.