Cheltenham Property Prices and Rents
A quick local authority snapshot for prices, rents, local incomes and market direction. Use the deeper market pages for sales, rental and affordability evidence.
Cheltenham market at a glance
Page refreshed 19 August 2026Average house price£325,399
MoM -0.6%YoY +2.2%
Average private rent£1,259
MoM +0.4%YoY +4.3%
Median annual pay£42,510ASHE 2026
Employment rate79.3%Aged 16-64
What this means
Cheltenham house prices are rising modestly compared with last year. Rent and wage data help compare local affordability and demand.
Data freshness
- House price data
- June 2026
- Rent data
- July 2026
- Pay data
- Apr 2025-Mar 2026 / ASHE 2026
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £325,399 in June 2026, 0.6% down over the month and 2.2% up over the year.
Monthly movementDown 0.6%From £327,294 last month
Annual movementUp 2.2%From £318,292 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: July 2025 | Average: £322,278 | Monthly: +1.3% | Annual: -1.6% |
| Month: August 2025 | Average: £325,947 | Monthly: +1.1% | Annual: -1.3% |
| Month: September 2025 | Average: £327,583 | Monthly: +0.5% | Annual: -2.4% |
| Month: October 2025 | Average: £331,799 | Monthly: +1.3% | Annual: -1.5% |
| Month: November 2025 | Average: £333,421 | Monthly: +0.5% | Annual: -0.4% |
| Month: December 2025 | Average: £329,988 | Monthly: -1.0% | Annual: +0.1% |
| Month: January 2026 | Average: £324,188 | Monthly: -1.8% | Annual: -0.5% |
| Month: February 2026 | Average: £324,382 | Monthly: +0.1% | Annual: +0.7% |
| Month: March 2026 | Average: £324,152 | Monthly: -0.1% | Annual: +0.5% |
| Month: April 2026 | Average: £330,656 | Monthly: +2.0% | Annual: +4.2% |
| Month: May 2026 | Average: £327,294 | Monthly: -1.0% | Annual: +3.1% |
| Month: June 2026 | Average: £325,399 | Monthly: -0.6% | Annual: +2.2% |
Continue Cheltenham Research
House Prices And Sold-Price Evidence
UK HPI shows £325,399 for June 2026, with raw completed-sale evidence from HM Land Registry.
Open pageRents, Yield And Rental DemandONS private rents show £1,259 average rent, with an indicative gross yield signal.
Open pageWages, Employment And AffordabilityMedian resident pay is £42,510 and helps compare local affordability.
Open pageCheltenham Property GuidesOpen local-authority-specific guides that explain how to use the data safely.
Open pageSources of this data
UK House Price Index (ONS) · Office for National Statistics Private Rent Index · ASHE earnings data
Official property market data is usually delayed because figures are published after the reporting month has ended.
Cheltenham market commentary
What the latest official data may mean for buyers, renters and investors.
Cheltenham’s average house price stood at £325,399 in June 2026, according to the UK House Price Index. That is a modest fall of 0.6% on the month, after a 1.0% drop in May.
Even so, values remain above the level seen a year earlier, with annual growth at 2.2%.
Cheltenham’s private rent market continued to edge higher in July 2026, according to the ONS Price Index of Private Rents. The average monthly rent reached £1,259.
That was up £5 from June, a month-on-month rise of 0.4%. The annual picture also points to steady growth.
Cheltenham’s latest ONS/Nomis labour-market picture points to a relatively strong local earnings and employment base. The town had an estimated resident population of 121,452 in 2025, giving the labour market a sizeable local context for a city of this scale.
On earnings, resident median full-time pay is £817.50 a week.