Housing in Cheltenham
DistrictThe north east of the South West. 121,452 people (mid-2025 estimate) in 47 square kilometres.
17 layers about housing for Cheltenham, each at the level its publisher released it, with its own date and source.
Sales per year by neighbourhood
Worked out by Open Index · 2025
Cheltenham’s 77 neighbourhoods range from 6 to 52.
Average house price
CouncilCheltenham’s average house price was £322,758 in July 2026.
That is 7% higher than South West and 18% higher than the UK average.
Prices rose 0.3% in the year to July 2026.
- Against South West
- 7% higher£302,298
- Against the UK
- 18% higher£272,611
House prices since 2000
Monthly average house price, smoothed. Cheltenham’s is 3.7 times its 2000 level, slower than South West’s.
House price to pay
CouncilGreat Britain onlyA home in Cheltenham costs 7.8 times local full-time pay.
Worked out by Open Index from the UK House Price Index and the ONS earnings survey.
Sold prices
PostcodeEngland and Wales onlyPublished as points, so there is no single figure for Cheltenham. The map shows each one.
Average private rent
CouncilThe average private rent in Cheltenham was £1,261 a month in August 2026.
That is 1% higher than South West and 10% lower than the UK average.
Rents in Cheltenham rose 4.8% in the year to August 2026.
For average private rent, Cheltenham is the 109th most expensive of 316 in the UK.
- Against South West
- 1% higher£1,245
- Against the UK
- 10% lower£1,400
Rent since 2015
Monthly average private rent, smoothed. Cheltenham’s is 1.6 times its 2015 level, slower than South West’s.
House sales per year
CouncilEngland and Wales only2,128 homes were sold in Cheltenham in 2025.
Worked out by Open Index from HM Land Registry Price Paid Data.
Median sale price
CouncilEngland and Wales onlyThe median price paid for a home in Cheltenham was £325,000 in 2025.
Worked out by Open Index from HM Land Registry Price Paid Data.
Annual price change
Council- Against the UK
- 79% lower1.4%
Detached house price
CouncilThe average price of a detached home in Cheltenham was £625,407 in July 2026.
That is 26% higher than South West and 41% higher than the UK average for detached homes.
- Against South West
- 26% higher£495,113
- Against the UK
- 41% higher£444,936
Flat price
CouncilThe average price of a flat in Cheltenham was £201,009 in July 2026.
That is 17% higher than South West and 4% higher than the UK average for flats.
- Against South West
- 17% higher£171,240
- Against the UK
- 4% higher£192,704
Semi-detached house price
CouncilThe average price of a semi-detached home in Cheltenham was £394,668 in July 2026.
That is 22% higher than South West and 42% higher than the UK average for semi-detached homes.
- Against South West
- 22% higher£323,872
- Against the UK
- 42% higher£278,555
Terraced house price
CouncilThe average price of a terraced home in Cheltenham was £321,880 in July 2026.
That is 22% higher than South West and 39% higher than the UK average for terraced homes.
- Against South West
- 22% higher£264,734
- Against the UK
- 39% higher£231,945
House sales per month
Council112 home sales were recorded in Cheltenham in May 2026.
Figures for the latest months are revised as more sales are registered.
One-bedroom private rent
CouncilThe average private rent for a home with 1 bedroom in Cheltenham was £869 a month in August 2026.
That is 5% higher than South West and 24% lower than the UK average for the same size of home.
For one-bedroom rent, Cheltenham is the 118th most expensive of 316 in the UK.
- Against South West
- 5% higher£830
- Against the UK
- 24% lower£1,136
Two-bedroom private rent
CouncilThe average private rent for a home with 2 bedrooms in Cheltenham was £1,096 a month in August 2026.
That is 3% higher than South West and 14% lower than the UK average for the same size of home.
For two-bedroom rent, Cheltenham is the 120th most expensive of 316 in the UK.
- Against South West
- 3% higher£1,065
- Against the UK
- 14% lower£1,281
Three-bedroom private rent
CouncilThe average private rent for a home with 3 bedrooms in Cheltenham was £1,354 a month in August 2026.
That is 4% higher than South West and 5% lower than the UK average for the same size of home.
For three-bedroom rent, Cheltenham is the joint 115th most expensive of 316 in the UK.
- Against South West
- 4% higher£1,297
- Against the UK
- 5% lower£1,430
Four-bedroom or larger private rent
CouncilThe average private rent for a home with 4 or more bedrooms in Cheltenham was £1,908 a month in August 2026.
That is 2% higher than South West and 8% lower than the UK average for the same size of home.
For four-bedroom or larger rent, Cheltenham is the 114th most expensive of 316 in the UK.
- Against South West
- 2% higher£1,872
- Against the UK
- 8% lower£2,080
Annual rent change
CouncilPrivate rents in Cheltenham changed by 4.8% in the year to August 2026.
Cheltenham is joint 120th strongest of 316 for annual rent change.
- Against South West
- 9% higher4.4%
- Against the UK
- 26% higher3.8%