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House Prices in GL50

The average house price in GL50 (Cheltenham) is £364,208 using HM Land Registry data.

The average property price decreased by £9,985 (-2.7%) over the last 5 years and decreased by £1,996 (-0.55%) over the last 12 months.

Over the last year, there were 321 residential property sales – a decrease of 165 transactions (-51.40%) relative to the previous year. The majority of house sales (109) were in the £170,000 - £266,000 range. Then came properties in the £266,000 - £362,000 range, where 70 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 86 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,733 (-3%).

In Apr 2026, there were 104 new estate agency instructions, 62 agreed home sales and 87 property price reductions.

5-Year Average Property Prices in GL50 (Cheltenham)

-2.7%

Property prices in GL50 (Cheltenham) decreased by -2.7% 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

-0.55%

Property prices in GL50 (Cheltenham) decreased by -0.55% 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) - Apr 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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
56 Montpellier Spa Road, Cheltenham, GL50 1UL	£550,000	£550,000	£0	18 Aug 2025	18 Mar 2026	212 Days
Flat 10, Ashfield House, Bayshill Lane, Bayshill Road, Cheltenham, GL50 3AX	£550,000	£535,000	-£15,000	15 Aug 2025	13 Mar 2026	210 Days
Flat 6, Oriel House, Oriel Road, Cheltenham, GL50 1XP	£250,000	£245,000	-£5,000	21 Jun 2025	06 Mar 2026	258 Days
26 Henrietta Street, Cheltenham, GL50 4AA	£337,500	£335,000	-£2,500	23 Sep 2025	06 Mar 2026	164 Days
20 Medoc Close, Cheltenham, GL50 4SP	£325,000	£325,000	£0	30 Jul 2025	06 Mar 2026	219 Days
26 Painswick Road, Cheltenham, GL50 2HA	£550,000	£529,000	-£21,000	27 Oct 2025	06 Mar 2026	130 Days
12 Park Street, Cheltenham, GL50 3NG	£280,000	£267,000	-£13,000	23 Feb 2026	05 Mar 2026	10 Days
Flat 9, Wesley House, St Georges Street, Cheltenham, GL50 4AF	£220,000	£205,000	-£15,000	13 Oct 2025	02 Mar 2026	140 Days
1 Manser Street, Cheltenham, GL50 4HG	£260,000	£255,000	-£5,000	03 Oct 2025	02 Mar 2026	150 Days
4 St Georges Tower, St Georges Place, Cheltenham, GL50 3PW	£250,000	£235,000	-£15,000	07 May 2025	27 Feb 2026	296 Days
6 St Georges Tower, St Georges Place, Cheltenham, GL50 3PW	£250,000	£240,000	-£10,000	08 Sep 2025	27 Feb 2026	172 Days
1 Hendre Mews, Overton Road, Cheltenham, GL50 3BL	£500,000	£471,000	-£29,000	21 Aug 2025	20 Feb 2026	183 Days
9 Commercial Street, Cheltenham, GL50 2AU	£700,000	£670,000	-£30,000	11 Aug 2025	19 Feb 2026	192 Days
1 Bevington, Oakfield Street, Cheltenham, GL50 2UJ	£595,000	£595,000	£0	24 Jun 2025	09 Feb 2026	230 Days
51 Burton Street, Cheltenham, GL50 3NE	£270,000	£270,000	£0	10 Sep 2025	09 Feb 2026	152 Days
10 Andover Street, Cheltenham, GL50 2EL	£325,000	£310,000	-£15,000	07 Aug 2025	09 Feb 2026	186 Days
53 Marle Hill Parade, Cheltenham, GL50 4LJ	£395,000	£375,000	-£20,000	14 Jul 2025	06 Feb 2026	207 Days
38 Hanover Street, Cheltenham, GL50 4HQ	£230,000	£215,000	-£15,000	08 Oct 2025	06 Feb 2026	121 Days
55 New Street, Cheltenham, GL50 3LU	£175,000	£172,500	-£2,500	10 Oct 2025	05 Feb 2026	118 Days
20 St Johns Court, Millbrook Street, Cheltenham, GL50 3RR	£136,000	£132,000	-£4,000	16 May 2025	30 Jan 2026	259 Days

Most Expensive Streets in GL50 (Cheltenham)

Postcode	Street	Area	Average	No. of Sales
GL50 1QZ	Imperial Square	Cheltenham	£1,753,750	4
GL50 4JZ	Wellington Square	Cheltenham	£1,510,000	3
GL50 2JW	May Court, Malvern Road	Cheltenham	£1,413,750	3
GL50 2TD	Tivoli Road	Cheltenham	£1,391,750	6
GL50 2PL	Christchurch Road	Cheltenham	£1,366,700	5
GL50 3AY	Royal Parade, Bayshill Road	Cheltenham	£1,244,977	9
GL50 2PJ	Well Place	Cheltenham	£1,166,666	3
GL50 2QU	Park Place	Cheltenham	£1,138,750	4
GL50 2LH	Lansdown Parade	Cheltenham	£1,131,428	7
GL50 1TY	Montpellier House, Montpellier Drive	Cheltenham	£1,102,529	4

Least Expensive Streets in GL50 (Cheltenham)

Postcode	Street	Area	Average	No. of Sales
GL50 2RA	Mercian Court, Park Place	Cheltenham	£97,000	8
GL50 4TE	Wymans Court, Windyridge Gardens	Cheltenham	£107,000	6
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 1JN	Cambray Place	Cheltenham	£151,250	4
GL50 3ER	Jenner Court, St Georges Road	Cheltenham	£163,216	39
GL50 2NG	Lansdown Crescent	Cheltenham	£171,778	3
GL50 3RR	Millbrook Street	Cheltenham	£175,225	20