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House Prices in GL50

The average house price in GL50 (Cheltenham) is £328,650 using HM Land Registry data.

The average property price increased by £46,273 (-2.39%) over the last 5 years and increased by £9,250 (-0.49%) over the last 12 months.

Over the last year, there were 344 residential property sales – a decrease of 108 transactions (-31.40%) relative to the previous year. The majority of house sales (94) were in the £264,000 - £368,000 range. Then came properties in the £160,000 - £264,000 range, where 93 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 78 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,036 (-3%).

In Aug 2026, there were 79 new estate agency instructions, 51 agreed home sales and 51 property price reductions.

5-Year Average Property Prices in GL50 (Cheltenham)

-2.39%

Property prices in GL50 (Cheltenham) decreased by -2.39% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in GL50 (Cheltenham) Over the Last Year

-0.49%

Property prices in GL50 (Cheltenham) decreased by -0.49% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for GL50 (Cheltenham) - Aug 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in GL50 (Cheltenham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in GL50 (Cheltenham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in GL50 (Cheltenham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the GL50 (Cheltenham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the GL50 postcode area since 1995.

Recent Sales in GL50 (Cheltenham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
23 Tivoli Street, Cheltenham, GL50 2UW	£475,000	£471,000	-£4,000	12 Jun 2026	17 Jul 2026	35 Days
12 New Street, Cheltenham, GL50 3LP	£205,000	£190,000	-£15,000	11 Dec 2025	17 Jul 2026	218 Days
51 Merestones Drive, Cheltenham, GL50 2SU	£825,000	£795,000	-£30,000	20 Oct 2025	13 Jul 2026	266 Days
16a, Folly Lane, Cheltenham, GL50 4BT	£325,000	£320,000	-£5,000	10 Jul 2026	10 Jul 2026	0 Days
39 Market Street, Cheltenham, GL50 3NJ	£230,000	£220,000	-£10,000	18 Dec 2025	08 Jul 2026	202 Days
37 59 Regency Court, Brookbank Close, Cheltenham, GL50 3NS	£185,000	£182,500	-£2,500	05 Feb 2026	06 Jul 2026	151 Days
17 Larput Place, Cheltenham, GL50 4HP	£250,000	£245,000	-£5,000	17 Apr 2026	01 Jul 2026	75 Days
46 Burton Street, Cheltenham, GL50 3NE	£235,000	£230,000	-£5,000	16 Feb 2026	26 Jun 2026	130 Days
67 Albemarle Gate, Cheltenham, GL50 4PH	£440,000	£440,000	£0	12 Feb 2026	22 Jun 2026	130 Days
2 Yew Tree Close, Cheltenham, GL50 4RQ	£300,000	£290,000	-£10,000	25 Sep 2025	19 Jun 2026	267 Days
Flour House, Upper Bath Street, Cheltenham, GL50 2BA	£280,000	£268,000	-£12,000	13 Feb 2026	18 Jun 2026	125 Days
24 Distel Close, Cheltenham, GL50 4SN	£350,000	£339,000	-£11,000	26 Feb 2026	17 Jun 2026	111 Days
142 Brunswick Street, Cheltenham, GL50 4HB	£250,000	£250,000	£0	19 Mar 2026	16 Jun 2026	89 Days
16 Great Norwood Street, Cheltenham, GL50 2AP	£850,000	£825,000	-£25,000	05 Oct 2025	12 Jun 2026	250 Days
Conifers, Swindon Lane, Cheltenham, GL50 4PB	£395,000	£393,000	-£2,000	06 Jan 2026	12 Jun 2026	157 Days
72 Millbrook Street, Cheltenham, GL50 3RP	£275,000	£266,500	-£8,500	24 Jan 2026	12 Jun 2026	139 Days
Flat G, 17, Ambrose Street, Cheltenham, GL50 3LG	£150,000	£150,000	£0	18 Aug 2025	12 Jun 2026	298 Days
Fernmoor, Tommy Taylors Lane, Cheltenham, GL50 4NP	£685,000	£675,000	-£10,000	30 Jan 2026	11 Jun 2026	132 Days
11 St James South 1, Jessop Avenue, Cheltenham, GL50 3SP	£155,000	£155,000	£0	02 Apr 2026	10 Jun 2026	69 Days
Flat 6, 444, High Street, Cheltenham, GL50 3JA	£125,000	£120,000	-£5,000	15 Oct 2025	10 Jun 2026	238 Days

Most Expensive Streets in GL50 (Cheltenham)

Postcode	Street	Area	Average	No. of Sales
GL50 1QZ	Imperial Square	Cheltenham	£1,817,500	4
GL50 2JW	May Court, Malvern Road	Cheltenham	£1,663,750	3
GL50 2EX	Painswick Road	Cheltenham	£1,422,875	4
GL50 2TD	Tivoli Road	Cheltenham	£1,391,750	6
GL50 2PL	Christchurch Road	Cheltenham	£1,388,916	6
GL50 3AY	Royal Parade, Bayshill Road	Cheltenham	£1,136,644	9
GL50 2LH	Lansdown Parade	Cheltenham	£1,131,428	7
GL50 1TY	Montpellier House, Montpellier Drive	Cheltenham	£1,102,529	4
GL50 2TG	Tivoli Road	Cheltenham	£1,022,000	3
GL50 2SX	Lypiatt Terrace	Cheltenham	£1,006,250	4

Least Expensive Streets in GL50 (Cheltenham)

Postcode	Street	Area	Average	No. of Sales
GL50 2RA	Mercian Court, Park Place	Cheltenham	£100,857	7
GL50 4TE	Wymans Court, Windyridge Gardens	Cheltenham	£111,142	7
GL50 4EX	St Pauls Road	Cheltenham	£114,666	3
GL50 4LL	Vine Court, St Pauls Road	Cheltenham	£116,000	4
GL50 4EG	The Mews, Rose And Crown Passage	Cheltenham	£129,333	3
GL50 1YE	Bath Street	Cheltenham	£146,000	3
GL50 3ER	Jenner Court, St Georges Road	Cheltenham	£163,547	41
GL50 3RR	Millbrook Street	Cheltenham	£167,472	18
GL50 3QQ	Knapp Road	Cheltenham	£167,734	16
GL50 2NG	Lansdown Crescent	Cheltenham	£171,778	3