August 2026 Market Update | Latest local house price trends
11th September 2026- Blog
- Market Updates
Market Cools Over Summer, However Prices Still On The Rise
This market update is brought to you by our Abbeymead Branch Manager, Craig Timbrell. Born and raised in Abbeymead, he has over 20 years of experience in the property industry, giving him exceptional knowledge of the local property market.
In his spare time, Craig enjoys cooking, countryside walks and playing in a Samba band, which was recently featured at Glastonbury.
His office has received multiple industry awards, including the bronze award for Best Estate Agent Office in the Southern Region at the ESTAS 2025 and the Best Estate Agent in GL4 in March 2026. No one is better placed to comment on the area's market activity.
August Market Insight
By Craig Timbrell
Abbeymead Branch Director
"Price sells, but presentation creates the leads.
The property market is increasingly price-sensitive, with achieved prices providing the clearest guide to current market value.
In GL1 and GL4 in August, we noticed fewer new instructions against rising demand, alongside a 7% rise in sales agreed. This imbalance pushed the average property price up by 6.7% against July 2026 and 14% against August 2025.
Nowadays, buyers are well informed. They know what they're looking for and are quick to compare properties, so getting the asking price right from day one is crucial.
Properties that look their best, are priced right, and are positioned correctly against the competition are far more likely to stand out, attract multiple buyers and convert interest into offers.
In today’s market, showing a property in its best possible light will get a buyer interested. The right price will get you the offer."
House Prices Around Your Area
Gloucester, Cheltenham, Stroud and Worcester all saw an increase in the average property price when comparing August 2026 to August 2025.
The areas covered by our Abbeymead and Tuffley branches saw the largest increase in average property prices, following more agreed sales than instructions in August. This trajectory points to a stronger vendor market in these areas, meaning those looking to sell here are currently in the strongest position compared to other areas.
Longlevens and Quedgeley also saw an increase in average property prices, with Churchdown showing a minor decrease.
The property market in Cheltenham has experienced a shift: while more properties were instructed last month, fewer sales were agreed. Despite what this trend may suggest, the average property price increased by 6%, according to Rightmove.
Year-on-year, the number of sales agreed significantly increased, closing the gap between them and instructions. This trend was seen in July as well. Our Stroud branch follows a similar pattern; however, the percentage of property sales agreed was almost doubled that of the area average.
The average house prices above relate to the areas covered by The Property Centre only, comparing August 2026 against August 2025 (data source Rightmove).
Situated on the south-eastern edge of Gloucester, Abbeydale is a ever popular residential area with excellent access to the city centre and surrounding countryside.
Abbeydale offers a wide range of local amenities, including a Morrisons supermarket, convenience stores, cafés and leisure facilities.
The area is particularly well served by well regarded schools, including Heron Primary School within the area itself, while Abbeymead Primary School and Barnwood Park School are also close by. These, together with the area's convenient location and strong community feel, make Abbeydale an attractive place to live for families, professionals and retirees alike.
Gloucester's vibrant city centre, renowned for its historic cathedral, shopping and dining, is just a short distance away.
With excellent transport links via the M5 and Metz Way, regular rail services from Gloucester station to major cities provide convenient access to Cheltenham, Bristol and Birmingham.
Abbeydale continues to be a highly desirable location for those seeking a well-connected community with a welcoming neighbourhood feel.
See the latest properties added to the market in Abbeydale
Thinking Of Moving?
Whether you're considering selling, letting, buying or renting, understanding current market conditions is the first step towards making informed decisions.
If you'd like to find out what your property could be worth in today's market, contact your local The Property Centre branch for a free, no-obligation valuation from one of our property experts.