Key indicators for buyers
The Cheltenham market looks favourable for buyers. Affordability has improved from a peak of 10.5x in 2021 to 7.8x today. Rising rents (£1,229/mo, +2.0%) mean the cost of waiting is real.
Average sale prices · HM Land Registry / UK HPI
House price ÷ median earnings · ONS data
A home in Cheltenham costs 7.8x the local median salary — moderate, improving from a peak of 10.5x in 2021.
Average monthly rent · ONS Private Rental Index
Average monthly rent in Cheltenham is £1,229, up 2.0% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Cheltenham price of £332,183 with a 25% deposit (£83k), a 2-year fixed mortgage at 3.97% costs around £1,311 per month.
Monthly cost comparison based on current data
Monthly mortgage payments (£1,311) are £82 more than renting (£1,229). However, buying requires an upfront deposit of £83k — it would take around 10 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
19, KINGSMEAD ROAD GL51 0AL | Semi-detached | £242,000 | 28 Jan 2026 |
65, BRIGHTON ROAD GL52 6BA | Terraced | £440,000 | 23 Jan 2026 |
FIRST FLOOR FLAT, 30, MONTPELLIER SPA ROAD GL50 1UL | Flat/Maisonette | £292,500 | 23 Jan 2026 |
15, SELKIRK STREET GL52 2HJ | Terraced | £700,000 | 23 Jan 2026 |
48, COPT ELM ROAD, CHARLTON KINGS GL53 8AL | Semi-detached | £697,000 | 21 Jan 2026 |
22, KEYNSHAMBURY ROAD GL52 6HB | Semi-detached | £515,000 | 20 Jan 2026 |
39, HAWTHORN ROAD GL51 7LX | Flat/Maisonette |
4postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in Cheltenham sells for £332,183, up slightly (2.0%) over the past year. Prices have grown from around £53k in the mid-1990s.
| £150,000 |
| 19 Jan 2026 |
FIELD COTTAGE, CROFT STREET GL53 0ED | Semi-detached | £565,500 | 19 Jan 2026 |
101, RYEWORTH ROAD, CHARLTON KINGS GL52 6LS | Terraced | £295,000 | 16 Jan 2026 |
144, HATHERLEY ROAD GL51 6EW | Semi-detached | £542,500 | 16 Jan 2026 |
263A, OLD BATH ROAD GL53 9EF | Semi-detached | £512,500 | 16 Jan 2026 |
39, WINSTONIAN ROAD GL52 2JD | Semi-detached | £331,000 | 16 Jan 2026 |
FLAT 15, SOVEREIGN HOUSE, 41, BROOKBANK CLOSE GL50 3NN | Flat/Maisonette | £182,500 | 16 Jan 2026 |
20, PRINCES STREET GL52 6BE | Terraced | £375,000 | 16 Jan 2026 |
14, WITHYHOLT PARK, CHARLTON KINGS GL53 9BP | Detached | £875,000 | 16 Jan 2026 |
4, LANSDOWN TERRACE LANE GL50 2JU | Terraced | £330,000 | 16 Jan 2026 |
35, MOOREND STREET, LECKHAMPTON GL53 0EH | Terraced | £507,000 | 15 Jan 2026 |
4, VIBURNUM CLOSE GL50 2RL | Detached | £1,130,000 | 15 Jan 2026 |
64, WINDYRIDGE GARDENS GL50 4SY | Semi-detached | £290,000 | 15 Jan 2026 |
18, PILFORD AVENUE GL53 9EH | Semi-detached | £660,000 | 15 Jan 2026 |
The most recent recorded sale in Cheltenham was a semi-detached property on Kingsmead Road for £242,000 in January 2026. Across the last 20 sales, the median price was £507,000.