The names of Cheltenham and Gloucester are often used in combination and while they share many characteristics, they also have plenty of unique elements to attract residents. Both currently boast busy new homes markets driven by numerous housebuilders.
The county town is the slightly larger of the two, with its current population of around 125,000 about 9,000 ahead of Cheltenham. Gloucester’s heritage dates back to Roman times, with Cheltenham rising to fame in Georgian times as a spa town following the discovery of mineral springs.
Today, both towns have strong local economies, with higher rates of employment than the national average and a healthy array of excellent schools attracting families looking for the best for their children. Add in Cotswold countryside and a host of annual cultural events and these towns’ appeal becomes clear, underlined by the Daily Telegraph voting it the best UK town in which to raise a family.
This part of the country is well connected – the M5 runs between the two towns, and each has a railway station that offers a wide range of direct routes, particularly Cheltenham Spa, where destinations such as Plymouth, Cardiff, London and Birmingham can be reached on frequent services.
Knight Frank’s Prime Cheltenham Index from the first quarter of 2016 recorded house price rises averaging 10.4% in 2015, up from 6.8% the previous year. “While prime prices in Cheltenham generally range between £250 and £350 per square foot, prices in excess of £400 have been achieved,” the report noted. It also confirmed good transport links and educational facilities such as Cheltenham Ladies’ College as a magnet for discerning buyers.
In terms of future planning and provision of new homes, the area is subject to a Joint Core Strategy which covers Gloucester, Tewkesbury and Cheltenham up to 2031. The draft document identifies the need for a minimum of 30,500 new homes across the area, plus land to support 28,000 new employment opportunities. The proposals cover improved use of existing sites along with urban extensions to the towns.
New homes for sale in and around Cheltenham and Gloucester:
The Whittington Park development is being shared by David Wilson Homes and Barratt Homes. Just 10 minutes north of the centre of Gloucester in Longford, and five minutes from countryside, the location is ideal for many. David Wilson Homes has apaprtments starting at £164,000, while Barratt has family homes starting at £240,000. Help to Buy is on hand for those looking for their main home.
Spitfire Bespoke Homes is offering just five luxury homes in Charlton Kings, a sought-after Cheltenham suburb on the edge of the Cotswolds, with Roselands properties starting at £850,000.
Coming soon, with prices to be announced, Redrow is almost ready to release a collection of traditionally styled four- and five bedroom homes at Brizen View in the popular suburb of Leckhampton, to the south of Cheltenham.
Located just over a mile from Cheltenham town centre, Taylor Wimpey’s Saxon Quarter is close to a wide range of shops and amenities, and is currently offering a variety of four-bedroom houses priced from £300,000, with Help to Buy available.
Elan Homes recently launched a collection of 12 new homes at St George’s Mews, just half a mile from Cheltenham town centre. The mix of two- and three-storey homes starts at £355,000, with a marketing suite open from Friday to Monday, 10.30am to 4.30pm.
Bovis Homes is offering two phases of its Coopers Edge development in Brockworth right now, on the fringes of Gloucester and the Cotswolds. In Imperial Place, a range of three- and four-bedroom homes in currently selling from £229,995 and in Centurion View, a different collection of house types is being offered from £234,995.
Crest Nicholson is currently one of the busiest housebuilders in the area. Available right now in Cheltenham are properties at Leckhampton Place, with 33 bespoke, contemporary two- and three-bedroom apartments and three- and four-bedroom houses in a cul-de-sac, and Regency Place, a gated town centre development of 97 high specification homes. Coming soon to Hardwicke, south of Gloucester, are three- and four-bedroom houses in the third phase of the Hunts Grove development.