Cheltenham · report
House prices in Cheltenham: the next 12 months
Sale prices have an 80% chance of landing between £313,906 and £357,275 by August 2027.
- Expected, August 2027
- £335,590
- Chance of a rise
- 67%
Cheltenham: five years of prices and the expected path
Average sale price per home, £, monthly, with the next 12 months' expected path
- Cheltenham
- South West
- United Kingdom
- Expected path
- 80% range
Show the numbers
| Period | Cheltenham | South West | United Kingdom |
|---|---|---|---|
| Aug 2027 · Expected path | £335,590 (£313,906–£357,275) | £308,828 | £280,154 |
| Jul 2027 · Expected path | £334,973 (£314,399–£355,546) | £308,437 | £279,560 |
| Jun 2027 · Expected path | £334,355 (£314,920–£353,789) | £308,046 | £278,967 |
| May 2027 · Expected path | £333,737 (£315,474–£352,001) | £307,656 | £278,374 |
| Apr 2027 · Expected path | £333,119 (£316,066–£350,173) | £307,265 | £277,781 |
| Mar 2027 · Expected path | £332,502 (£316,705–£348,298) | £306,874 | £277,188 |
| Feb 2027 · Expected path | £331,884 (£317,405–£346,363) | £306,483 | £276,595 |
| Jan 2027 · Expected path | £331,266 (£318,184–£344,349) | £306,093 | £276,002 |
| Dec 2026 · Expected path | £330,649 (£319,069–£342,229) | £305,702 | £275,409 |
| Nov 2026 · Expected path | £330,031 (£320,109–£339,953) | £305,311 | £274,816 |
| Oct 2026 · Expected path | £329,413 (£321,400–£337,427) | £304,920 | £274,223 |
| Sep 2026 · Expected path | £328,796 (£323,192–£334,399) | £304,530 | £273,630 |
| Aug 2026 | £328,178 | £304,139 | £273,037 |
| Jul 2026 | £321,719 | £302,027 | £272,146 |
| Jun 2026 | £326,314 | £303,232 | £270,690 |
| May 2026 | £327,980 | £302,533 | £272,221 |
| Apr 2026 | £332,178 | £303,427 | £270,966 |
| Mar 2026 | £325,750 | £301,647 | £268,631 |
| Feb 2026 | £324,359 | £301,220 | £269,423 |
| Jan 2026 | £325,579 | £300,664 | £268,814 |
| Dec 2025 | £329,141 | £298,687 | £268,002 |
| Nov 2025 | £332,537 | £302,921 | £270,472 |
| Oct 2025 | £329,583 | £300,893 | £269,819 |
| Sep 2025 | £326,734 | £301,093 | £269,556 |
| Aug 2025 | £325,307 | £304,262 | £270,575 |
| Jul 2025 | £321,831 | £302,826 | £268,843 |
| Jun 2025 | £318,292 | £298,838 | £266,796 |
| May 2025 | £317,485 | £297,421 | £264,078 |
| Apr 2025 | £317,423 | £292,255 | £260,162 |
| Mar 2025 | £322,584 | £303,287 | £268,019 |
| Feb 2025 | £322,148 | £301,560 | £264,771 |
| Jan 2025 | £325,682 | £301,828 | £264,936 |
| Dec 2024 | £329,648 | £300,210 | £263,991 |
| Nov 2024 | £334,838 | £300,240 | £264,515 |
| Oct 2024 | £336,911 | £306,423 | £265,252 |
| Sep 2024 | £335,720 | £304,305 | £264,750 |
| Aug 2024 | £330,229 | £303,164 | £265,085 |
| Jul 2024 | £327,655 | £301,845 | £262,479 |
| Jun 2024 | £326,931 | £297,239 | £259,585 |
| May 2024 | £327,331 | £298,492 | £258,565 |
| Apr 2024 | £325,133 | £297,850 | £256,478 |
| Mar 2024 | £323,022 | £295,240 | £255,082 |
| Feb 2024 | £318,471 | £296,587 | £254,633 |
| Jan 2024 | £322,143 | £299,150 | £255,972 |
| Dec 2023 | £318,236 | £294,676 | £256,177 |
| Nov 2023 | £323,277 | £299,952 | £258,368 |
| Oct 2023 | £321,325 | £305,147 | £260,129 |
| Sep 2023 | £326,306 | £304,837 | £261,318 |
| Aug 2023 | £326,946 | £307,132 | £262,602 |
| Jul 2023 | £327,594 | £306,036 | £261,182 |
| Jun 2023 | £327,559 | £300,808 | £258,275 |
| May 2023 | £323,277 | £302,199 | £257,330 |
| Apr 2023 | £316,832 | £302,791 | £256,479 |
| Mar 2023 | £315,911 | £303,206 | £255,885 |
| Feb 2023 | £318,990 | £306,826 | £258,788 |
| Jan 2023 | £326,431 | £309,102 | £260,941 |
| Dec 2022 | £328,363 | £308,957 | £263,190 |
| Nov 2022 | £334,111 | £313,892 | £265,299 |
| Oct 2022 | £335,449 | £313,800 | £265,693 |
| Sep 2022 | £334,720 | £314,370 | £265,727 |
| Aug 2022 | £327,311 | £314,238 | £265,124 |
| Jul 2022 | £322,890 | £309,032 | £262,904 |
| Jun 2022 | £317,183 | £299,771 | £258,118 |
| May 2022 | £309,080 | £301,875 | £255,040 |
| Apr 2022 | £303,233 | £296,983 | £252,167 |
| Mar 2022 | £305,664 | £291,647 | £249,232 |
| Feb 2022 | £307,827 | £291,034 | £248,309 |
| Jan 2022 | £306,685 | £291,018 | £248,031 |
| Dec 2021 | £292,001 | £285,237 | £245,189 |
| Nov 2021 | £293,555 | £284,105 | £243,930 |
| Oct 2021 | £287,317 | £276,090 | £239,236 |
| Sep 2021 | £288,124 | £283,935 | £245,371 |
What the model expects
The central estimate at each horizon, and the range prices land in 8 times out of 10.
| Horizon | Expected | 80% range | Chance of a rise | Chance of beating inflation |
|---|---|---|---|---|
| In 3 months (November 2026) | £330,031 | £320,109 – £339,953 | 59% | 45% |
| In 4 months (December 2026) | £330,649 | £319,069 – £342,229 | 61% | 44% |
| In 12 months (August 2027) | £335,590 | £313,906 – £357,275 | 67% | 40% |
The outlook carries the region's own monthly price history forward: the recent trend and how far prices usually stray from it. It knows nothing about interest-rate decisions, new laws or local projects, so read it as a description of momentum, not a forecast to act on.
Other reports for Cheltenham
At the average sale price, a home costs £328,178. With 10% down and a 30-year mortgage, the payment is £1,514 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.
- Payment, two incomes
- 22%
- Payment, one income
- 44%
Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.
- Rent per month
- £1,269
- Owning per month
- £1,545
61.8% more homes were started in the last 12 months than in an average year of the past decade.
- Started, 12 months
- 530
- Per 1,000 residents
- 4.4
Figures for United Kingdom: Cheltenham has no reliable figures of its own.
Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.
- Bought by buyers abroad, 12 months
- 1.8%
Sale prices have fallen by 3% or more 10 times since 1995. The deepest began in September 2007.
- Deepest fall
- −23.5%
- Recovery from the low
- 62 months
In 2025 the population fell by 6 while 240 homes were finished.
- Homes finished, 2025
- 240
- Population change, 2025
- −6
6.2% of the 56,809 homes counted in the 2021 census had nobody usually living in them.
- Empty, 2021 census
- 6.2%
- Empty homes
- 3,500
In 2025, 9% of the homes added came from existing buildings rather than new ones.
- Homes from existing buildings, 2025
- 9%