Norwood Road - GL50 2GB
Key Postcode Insights
GL50 2GB is a residential postcode situated on Norwood Road, Cheltenham, GL50 with 3 addresses.
It ranks as the 77th largest and 60th most expensive of the 719 postcodes in the GL50 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 3 properties: 1 house and 2 flats.
- Ave. Sale Price
- £236,311
- 10 Year change
- up 28.3%
- Ave. Rental Price
- £1,147pcm
- 10 Year change
- up 52.7%
- Ave. £ per ft²
- £429/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
GL50 2GB is a residential postcode situated on Norwood Road, Cheltenham, GL50 with 3 addresses.
It ranks as the 77th largest and 60th most expensive of the 719 postcodes in the GL50 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 3 properties: 1 house and 2 flats.
- Ave. Sale Price
- £236,311
- 10 Year change
- up 28.3%
- Ave. Rental Price
- £1,147pcm
- 10 Year change
- up 52.7%
- Ave. £ per ft²
- £429/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin GL50 2GB
Sales Market Trends
The last sale in GL50 2GB sold for £325,000 on 27th January 2022. Since then prices are up an average of 6.9%.
The current average value in the postcode is £236,311.
The GL50 2GB Sales Market has increased by 28.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £236,311 |
| June 2025 | 0.2% | £234,388 |
| June 2024 | -0.7% | £233,947 |
| June 2023 | 1.5% | £235,595 |
| June 2022 | 8.2% | £232,211 |
| June 2021 | 3.8% | £214,522 |
| June 2020 | 4.4% | £206,626 |
| June 2019 | 0.4% | £197,835 |
| June 2018 | 3.6% | £197,023 |
| June 2017 | 3.2% | £190,191 |
| June 2016 | 6.8% | £184,251 |
| June 2015 | 7.1% | £172,475 |
| June 2014 | 4.6% | £161,016 |
| June 2013 | 4.8% | £153,889 |
| June 2012 | 1.7% | £146,789 |
| June 2011 | -1.3% | £144,307 |
| June 2010 | 12.7% | £146,216 |
| June 2009 | -10.5% | £129,697 |
| June 2008 | -4.2% | £144,991 |
| June 2007 | 0% | £151,308 |
Rental Market Trends
The current average rental value in the postcode is £1,147.
The GL50 2GB Rental Market has increased by 52.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £1,147pcm |
| June 2025 | 5.6% | £1,102pcm |
| June 2024 | 8.6% | £1,043pcm |
| June 2023 | 10.6% | £961pcm |
| June 2022 | 6.4% | £869pcm |
| June 2021 | 5.1% | £817pcm |
| June 2020 | 0.7% | £777pcm |
| June 2019 | 0.3% | £772pcm |
| June 2018 | 2.5% | £769pcm |
| June 2017 | -0.1% | £751pcm |
| June 2016 | 4% | £752pcm |
| June 2015 | 5.4% | £722pcm |
| June 2014 | 2.2% | £686pcm |
| June 2013 | 1.4% | £671pcm |
| June 2012 | 0% | £662pcm |
| June 2011 | 1.3% | £662pcm |
| June 2010 | 4% | £653pcm |
| June 2009 | -6.8% | £628pcm |
| June 2008 | 1.9% | £674pcm |
| June 2007 | 0% | £661pcm |
Sales History
The last sale was on 27th January 2022 for £325,000 and since then the market in the area has increased by 6.9%. The postcode has had a total of 7 sales since 1995.
GL50 2GB has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2022£325,000 | 3 Bed House17, Norwood Road, Cheltenham, GL50 2GB17, Norwood Road, Cheltenham, GL50 2GB
- Sold Oct 2020£160,000 | 1 Bed FlatFlat 2, Norwood View, Norwood Road, Cheltenham, GL50 2GBFlat 2, Norwood View, Norwood Road, Cheltenham, GL50 2GB
- Sold Jul 2017£290,000 | 3 Bed House17, Norwood Road, Cheltenham, GL50 2GB17, Norwood Road, Cheltenham, GL50 2GB
- Sold Sep 2015£135,000 | 1 Bed FlatFlat 1, Norwood View, Norwood Road, Cheltenham, GL50 2GBFlat 1, Norwood View, Norwood Road, Cheltenham, GL50 2GB
- Sold Oct 2014£125,000 | 1 Bed FlatFlat 2, Norwood View, Norwood Road, Cheltenham, GL50 2GBFlat 2, Norwood View, Norwood Road, Cheltenham, GL50 2GB
Nearby Postcodes
GL50 2GB is the 77th largest and the 60th most expensive postcode out of the 719 postcodes in the GL50 area.
- GL50 2DA, Edward Street, Cheltenham, GL50GL50 2DA30 Addresses|29 m away
- GL50 2DG, Norwood Road, Cheltenham, GL50GL50 2DG15 Addresses|53 m away
- GL50 2DE, Grafton Road, Cheltenham, GL50GL50 2DE2 Addresses|55 m away
- GL50 2DD, Grafton Road, Cheltenham, GL50GL50 2DD4 Addresses|68 m away
- GL50 2BY, Gratton Road, Cheltenham, GL50GL50 2BY20 Addresses|75 m away
Property Types
- 1 modern house built after 1980
- 2 modern flats built after 1980
- modern house (1)
- modern flat (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (2)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jun 2022£370,000 | 2 Bed House2A, Norwood Road, Cheltenham, GL50 2DG2A, Norwood Road, Cheltenham, GL50 2DG
- Sold Nov 2023£345,000 | 2 Bed House2B, Norwood Road, Cheltenham, GL50 2DG2B, Norwood Road, Cheltenham, GL50 2DG
- Sold Jan 2022£325,000 | 3 Bed House17, Norwood Road, Cheltenham, GL50 2GB17, Norwood Road, Cheltenham, GL50 2GB
Schools Nearby
- Naunton Park Primary School600 m away
- St James' Church of England Primary School900 m away
- Leckhampton Church of England Primary School1.2 km away
- Cheltenham Bournside School and Sixth Form Centre1.4 km away
- The High School Leckhampton1.4 km away
- Balcarras School2.6 km away
More reading links
Public Transport Nearby
The closest station to GL50 2GB is Cheltenham Spa station, which is 1.7 kilometres away.
- Cheltenham Spa|1.7 km away
- Gloucester|11.1 km away
- Ashchurch for Tewkesbury|12.5 km away
- Stroud (Gloucs)|18.6 km away
