May 2026 Property Market Update
5th June 2026- Blog
- Market Updates
Buyer Demand Remains Strong Across Gloucestershire and Worcestershire
Since opening over 15 years ago, our Churchdown office has helped thousands of people buy, sell, rent and let their property. Indeed, as the Top-Selling Agent in Churchdown, our results speak for themselves and with more than 760 reviews (Google and ESTAS) from satisfied customers, we were delighted for our Churchdown office to be named Best Estate Agent in GL3 at the ESTAS Awards 2026.
The ESTAS is a review platform which rates the customer service given by estate agents to sellers, buyers, landlords and tenants and reviews are only submitted by clients who have gone through the whole buying/selling/letting process themselves.
Our Churchdown Senior Branch Manager, Josh Richards, is committed to providing exceptional customer service. Having grown up in Shurdington and attended Chosen Hill School, he has strong local roots and an in-depth understanding of the area. With more than 10 years in the estate agency industry, Josh has extensive knowledge of the sales and lettings market in and around Churchdown, ensuring that any property valuation he provides is both accurate and realistic. Outside of work, Josh is a keen runner, having successfully completed both the London and the Manchester marathons and raising nearly £3,500 for charity doing so. When he’s not training, he enjoys exploring the Cotswolds, Peak District and Lake District with his fiancé.
May Market Insight
By Josh Richards
Senior Branch Manager of The Property Centre, Churchdown
"With its enduring reputation as a desirable place to live, the Churchdown property market remained resilient throughout May.
Demand from families and buyers relocating from surrounding areas continues to support activity levels, particularly for three and four bedroom homes and 2026 is looking to be a strong year.
As ever, Churchdown commands a premium over many neighbouring areas due to its village atmosphere, excellent schools, convenient access to Gloucester and Cheltenham and strong transport links.
As we move into the summer market, buyer demand is still steady and despite world events, confidence is improving. Well-presented homes in popular Churchdown locations are expected to remain the strongest performers, while realistic pricing and effective marketing will be key factors in achieving successful sales.
With limited stock available and continued demand for quality homes, Churchdown remains one of the most popular markets within the Gloucester area."
House Prices Around Your Area
The average price of properties sold between June 2025 and May 2026 show a positive trend in both Gloucester and Stroud, with Cheltenham and Worcester falling slightly compared to properties sold in the previous year.
Last month, 437 properties came to the market in Gloucester, 12% fewer than in May last year. Almost half of these new listings were within the areas covered by our Abbeymead and Tuffley branches.
With 355 sales agreed during May, market conditions continue to strengthen for vendors, as the number of agreed sales has increased by an average of 15%.
Following two significant increases since March, the Cheltenham property market is showing signs of stabilising.
With 365 new properties entering the market in May and 245 sales agreed, the gap between supply and demand continues to narrow, suggesting a gradual shift towards a more favourable market for vendors.
Building on the momentum seen last month, 179 properties came to the market in Stroud during May, while 129 sales were agreed.
Stroud continues to have the smallest gap between new listings and sales agreed, reflecting strong buyer demand and contributing to the ongoing increase in average property prices.
The area covered by our St John’s office continued to see growth in new listings, adding 447 properties to the market. This exceeds the exceptionally high levels recorded last month.
While sales agreed rose sharply, increasing by 21% in May, the area still sees the widest gap between supply and demand of our areas.
The average house prices above relate to the areas covered by The Property Centre only, comparing 01/06/25 to 31/05/2026 against 01/06/2024 to 31/05/2025 (data source Rightmove).
Area Spotlight: Why We Love Churchdown
Situated between Gloucester and Cheltenham, Churchdown is one of the area's most desirable places to live.
The village combines a strong community atmosphere with excellent local amenities, well-regarded schools and convenient transport links. Residents enjoy access to beautiful countryside, including Churchdown Hill, which offers panoramic views across Gloucestershire, the Severn Vale, the Cotswolds and the Malvern Hills.
Its location, lifestyle appeal and excellent connectivity continue to make Churchdown particularly popular with families, professionals and retirees alike.
See the latest properties added to the market in Churchdown
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.