- April 25, 2017
- Posted by: Chowdhury Shahid Uz Zaman
- Category: Business
Gloucestershire is a lovely place to set up home, and offers a wealth of property suitable for all budgets, tastes and lifestyles.
When looking at the county of Gloucestershire overall, it is typically Cheltenham that comes out on top in terms of the highest house prices. Cheltenham is a very desirable place to live for several reasons – not least the type and styles of the properties available, which tend to be impressive family homes, built on larger than average plots with good sized gardens. The area is also renowned for its excellent schools – both state and private – which is a big draw for families who may currently be living outside the catchment in a more rural part of the county.
However, if you’re looking for a more modestly priced property, don’t despair, as there are plenty of areas where you can set up home for a very reasonable sum. Flats in the Kingsholm area will set you back in the region of £85,000 compared with a house on the priciest road in the county – Northgate Street in Gloucester – which will cost more than six times that much. Wotton is another well priced area where you should be able to find a bargain.
Data shows that property prices in Gloucester are on the rise, with any properties being marketed at around fifteen percent over their 2015 value.
One factor influencing the sales market is the fact that there are simply not enough properties on the market to meet demand. The increased popularity of the area means that there are buyers in their droves, but those lucky enough to own decent property in Gloucestershire tend to stay where they are. This conflict between supply and demand inevitably results in higher than average price rises. Check out the great selection of properties on offer at leading Gloucester estate agency http://www.tgres.co.uk/ Gloucester’s trusted Estate Agency.
The most expensive place to live in the UK is Landsdowne Crescent, in London’s Notting Hill, where a home will cost you on average an eye-watering £9.6million. If that’s slightly out of your league you could consider buying on the cheapest street in England and Wales – recently named as Sunderland’s Waterloo Walk, where you can snap up a house for under twenty grand.