House prices in GL7 1 (Cirencester)

This article reveals price per square metre data and various charts to help you understand current housing market in 'GL7 1' (Cirencester) - statistics were last calculated on 30 August 2024.

---

Defining 'GL7 1'

This analysis is limited to properties whose postcode starts with "GL7 1", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Cirencester.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

Search Area:

Change sector

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Cirencester is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 23, Millennium Way, Cirencester, sold for £399,995 on Jul-2024. Given the internal area of 85 square metres, the price per sqm is £4,705.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 306 sales in Cirencester (GL7 1) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Cirencester (GL7 1). Of the 306 transactions, half were sold for between £3,330 and £4,510 per square metre. The median, or 'middle', price per square metre in 'GL7 1' is £3,920. Notably, only 25% of properties that sold recently were valued at more than £4,510 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Cirencester

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Cirencester. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Cirencester

Comparison with neighbouring postcode sectors

The table below shows how 'GL7 1' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
GL7 6 Somerford Keynes	£4,010 sqm	£4,860 sqm	£5,520 sqm
GL7 7 Daglingworth	£4,210 sqm	£4,990 sqm	£5,680 sqm
GL7 1 Cirencester	£3,330 sqm	£3,920 sqm	£4,510 sqm
GL7 2 Cirencester	£3,630 sqm	£4,230 sqm	£4,860 sqm
GL7 3 Lechlade	£3,810 sqm	£4,290 sqm	£5,030 sqm
GL7 4 Fairford	£3,560 sqm	£4,200 sqm	£4,810 sqm
GL7 5 South Cerney	£4,180 sqm	£4,780 sqm	£5,560 sqm

Will Cirencester house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for GL7 1 (Cirencester) compared with both the wider area GL7 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Cirencester to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Cirencester and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street	Avg size	Avg £sqm	Recent sales
Alexander Drive, Cirencester, GL7 1U	107 sqm	£4,075	31
Cross Close, Cirencester, GL7 1F	60 sqm	£2,938	24
Pheasant Way, Cirencester, GL7 1B	105 sqm	£3,932	23
North Home Road, Cirencester, GL7 1D	83 sqm	£3,366	21
Queen Elizabeth Road, Cirencester, GL7 1D	97 sqm	£3,526	20
Partridge Way, Cirencester, GL7 1B	89 sqm	£4,396	19
Victoria Road, Cirencester, GL7 1E	100 sqm	£3,856	17
Lewis Lane, Cirencester, GL7 1E	105 sqm	£3,484	16

Search for your street here.

Raw data

Our analysis of Cirencester is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	sqm	£/sqm
23, Millennium Way, Cirencester	£399,995 Jul-2024	85	4,705
70, Alexander Drive, Cirencester	£450,000 Jun-2024	117	3,846
6, Queen Annes Rd, Cirencester	£310,000 Jun-2024	83	3,734

See the entire list of all sales in Cirencester (GL7 1) here.