Nick Chivers

Cheltenham office

Harry Bethell

Cheltenham office

The historic spa town of Cheltenham is situated on the doorstep of the glorious Cotswolds, an area renowned for its natural beauty. The town is a wonderful place to live for both young and old, with excellent transport links to all points across the UK.

The Georgian architecture sets the scene in the town's centre, with open green squares, streets shaded by lines of mature trees and parks, which provide residents a beautiful place to work, live and play.

Beyond the centre, smaller suburbs offer larger, more modern housing options and access to the nearby open countryside.

The amenities in the town are abundant. Numerous leisure facilities include the famous racecourse, a wide selection of wine bars, gastro pubs and Michelin-starred fine dining.

Cheltenham has grown organically over the past 250 or so years, developing in charm and character. Today this makes it attractive to a whole cross-section of homebuyers, whether they be from the local market, other prominent towns, London or abroad.

Every day we see this variety of people seeking to buy here – be it for the architecture, the different lifestyles on offer, a safer environment to raise children, a better work life balance, or as a place to relax and retire to. We're happy to cater to all needs, all requirements.

The Cheltenham town market went from strength to strength throughout the autumn of 2020 and the spring of 2021, with demand rising sharply and a steady supply across all price ranges. Of particular note is the market above £2 million, which recorded more deals in the twelve months leading up to July 21 than we have ever seen before. As a direct result, there is a shortage of property available to buy with demand remaining at its highest level for a decade.

The historic spa town of Cheltenham is situated on the doorstep of the glorious Cotswolds, an area renowned for its natural beauty. The town is a wonderful place to live for both young and old, with excellent transport links to all points across the UK.

With the beautiful Regency thoroughfare of Cheltenham Promenade, to the 80 independent stalls and pitches of the Suffolks Sunday Market, those engaging in a little retail therapy will be easily charmed by the breadth and variety of the independent and boutique shopping options on offer in town. Meanwhile, more established retailers such as John Lewis, Urban Outfitters or Marks & Spencers are just off the main high street.

Eating and drinking options are plentiful, too, with the Michelin-starred Le Champignon Sauvage at the finer end of the spectrum, while The Coconut Tree offers some of the best Sri Lankan cuisine in town. Sanford Park Alehouse is one for real ale fans, having won CAMRA's Real Ale Pub of the Year in previous years.

From the renowned ‘Prom’ to Montpellier’s exquisite bars and eateries, Cheltenham is full of hidden gems.

Cheltenham in numbers

The average price of a property sold by Knight Frank in Cheltenham year to June 2021


Increase in prospective buyers year to June-21


Increase in exchanges year to June-21

Who lives here?

The town is home to young families, many of whom say they work in the professional sectors, as well those who commute to London regularly for work.

Where do buyers come from?


East of England






North East


North West


South East


South West




West Midlands

What are Knight Frank buyers' professions?











Source: Knight Frank. Average prices is for sales over £700k for the year to June-21. All other metrics are June-18 to June-21.

Popular for days out among local people, Cheltenham's residents are right on the doorstep of The Cotswolds, which expands eastwards into Gloucestershire, Oxfordshire, and Warwickshire.

The splendour of the open Cotswold countryside is there to be explored at the feet of the town. Rolling hills, quaint properties made of local honey-coloured limestone known as Cotswold stone, and traditional drystone dot the landscapes of this beautiful area.

It's known to be picture-postcard perfect, but there is more to this region than initially meets the eye. It's a key reason why many urbanites also have country retreats in and around its prettiest towns and villages, including Cirencester, Bourton-on-Water and Stow-on-the-Wold.

Aside from being well-connected to the rest of the UK, schooling ­– both state and private – is some of the best in the region.

Educational institutions are excellent in Cheltenham, with a range of high-quality state, grammar and public schooling options, including Pate’s, Cheltenham College and Cheltenham Ladies'.

Transport links by road to other major cities are easy to access, via the M5 (J11a) or the A417 at Swindon, to the M4. By train, London can be reached in two hours via Paddington, while by plane Bristol, Heathrow, Staverton on the edge of town (for small aircraft) are all close by.

What types of property are available in Cheltenham?

From contemporary homes to the town’s famous Regency buildings, here are some of the properties we’ve sold recently across the town of Cheltenham.

Hewlett Road, GL52

3 bedrooms | 2 bathrooms 3 reception rooms

Guide Price: £695,000

Greatfield Drive, GL53

5 bedrooms | 5 bathrooms 3 reception rooms

Guide Price: £1,675,000

Cudnal Street, GL53

8 bedrooms | 6 bathrooms 7 reception rooms

Guide Price: £3,800,000

Knight Frank has listed all properties within the past 12 months. The price per square meter shown for all sold property is representative of their appraised pricing and not their final sale price.