The Intermediary – June 2025 - Flipbook - Page 86
L O C A L FO C U S
Gloucester
Each month, The Intermediary takes a close-up
look at the housing market in a specific region and
speaks to the experts supporting the area to find out
what makes their territory unique
Focus on ...
JESSICA O’CONNOR
is deputy editor
at The Intermediary
Gloucester
O
nce seen as a quiet
contender in
the South West,
Gloucester’s housing
market has been
anything but sleepy
of late. Whether young professionals
drawn by improved transport links,
families chasing good schools and
green spaces, or buy-to-let (BTL)
investors eyeing steady yields,
Gloucester is quietly climbing the
ranks of regional property hotspots.
Behind the Georgian façades and
new-build estates lies a market shaped
by shiing interest rates, tighter
affordability checks, and buyers
who are more price-savvy than ever.
Mortgage brokers in the region are
finding that today’s clients come
armed with spreadsheets, strategy,
and a sharp eye for value.
This month, The Intermediary
takes a closer look at how Gloucester’s
property and mortgage landscape is
evolving in 2025, and what brokers
need to know about the buyers,
lenders, and market forces reshaping
the city’s housing scene.
Current values
Gloucester’s property market has
remained broadly steady over the
past year, with average prices in the
postcode area now siing at £378,000
– a slight dip of just £1,600, effectively
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The Intermediary | June 2025
flat compared to the previous
12 months.
The median price is lower at
£309,000, indicating a diverse range of
values across the region. Established
properties average £377,000, while
newly built homes command a modest
premium at £390,000.
Sales volumes, however, tell a
more cautious story. Just over 8,100
transactions were recorded in the past
year, marking a 13.4% decline yearon-year. Most activity is concentrated
in the £300,000 to £400,000 range,
which accounted for 22.1% of all sales,
followed by the £250,000 to £300,000
band at 16.7%.
Gloucester’s affordability spectrum
remains pronounced, from the
accessible GL1 4 area, where the
average property costs £171,000, to
the more exclusive GL6 7 area, where
homes fetch an average of £898,000.
By property type, detached houses
lead the pack at £576,000, while flats
offer a more aainable entry point at
£200,000. Semi-detached and terraced
homes average £335,000 and £291,000,
respectively, keeping the city within
reach for a variety of buyers.
Robust activity
The housing market in Gloucester
is showing robust signs of resilience
and recovery, with brokers and estate
agents noting a buoyant atmosphere
marked by rising stock levels and
a more balanced dynamic between
buyers and sellers.
Mahew Wasley, director at local
estate agents Murdock & Wasley,
points to “a strong flow of new listings
across most price points” that is giving
buyers more choice than they have had
in recent years.
However, he stresses that “realistic
pricing is key,” as informed buyers
are increasingly price-sensitive in the
current climate.
Confidence appears to be
rebounding across the board, Wasley
adds: “Confidence is returning to the
market, largely due to a more stable
