Well Place - GL50 2PJ
Key Postcode Insights
GL50 2PJ is a residential postcode situated on Well Place, Cheltenham, GL50 with 9 addresses.
It ranks as the 271st largest and 617th most expensive of the 719 postcodes in the GL50 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 8 houses and 1 flat.
- Ave. Sale Price
- £1,278,718
- 10 Year change
- up 28.6%
- Ave. Rental Price
- £3,434pcm
- 10 Year change
- up 55.0%
- Ave. £ per ft²
- £481/ft²
- Ave. Gross Yield
- 3.2%/year/yr
Key Postcode Insights
GL50 2PJ is a residential postcode situated on Well Place, Cheltenham, GL50 with 9 addresses.
It ranks as the 271st largest and 617th most expensive of the 719 postcodes in the GL50 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 8 houses and 1 flat.
- Ave. Sale Price
- £1,278,718
- 10 Year change
- up 28.6%
- Ave. Rental Price
- £3,434pcm
- 10 Year change
- up 55.0%
- Ave. £ per ft²
- £481/ft²
- Ave. Gross Yield
- 3.2%/year/yr
Explore Propertiesin GL50 2PJ
- Lancaster Court
Mid-century Building | 5 Units
- Little Gables
5 Bed Mid-century House
- Newburn
5 Bed Modern House
- The Coach House
Unknown
- Well House
5 Bed Mid-century House
Sales Market Trends
The last sale in GL50 2PJ sold for £2,250,000 on 15th August 2025. Since then prices are up an average of 0.3%.
The current average value in the postcode is £1,278,718.
The GL50 2PJ Sales Market has increased by 28.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £1,278,718 |
| June 2025 | 0.8% | £1,283,027 |
| June 2024 | -0.6% | £1,272,456 |
| June 2023 | 0.8% | £1,280,293 |
| June 2022 | 7.9% | £1,269,901 |
| June 2021 | 1.8% | £1,176,721 |
| June 2020 | 5.8% | £1,155,505 |
| June 2019 | -0.9% | £1,092,278 |
| June 2018 | 4.8% | £1,102,040 |
| June 2017 | 5.8% | £1,051,751 |
| June 2016 | 5.4% | £994,496 |
| June 2015 | 3.5% | £943,786 |
| June 2014 | 6.7% | £912,242 |
| June 2013 | 2.1% | £854,946 |
| June 2012 | 1.4% | £837,638 |
| June 2011 | -0.3% | £826,216 |
| June 2010 | 12.4% | £828,310 |
| June 2009 | -9% | £736,645 |
| June 2008 | -3.9% | £809,657 |
| June 2007 | 0% | £842,107 |
Rental Market Trends
The current average rental value in the postcode is £3,434.
The GL50 2PJ Rental Market has increased by 55.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £3,434pcm |
| June 2025 | 5.6% | £3,317pcm |
| June 2024 | 8.4% | £3,141pcm |
| June 2023 | 10.7% | £2,897pcm |
| June 2022 | 6.6% | £2,617pcm |
| June 2021 | 5% | £2,455pcm |
| June 2020 | 1.2% | £2,338pcm |
| June 2019 | 0.5% | £2,310pcm |
| June 2018 | 2.7% | £2,299pcm |
| June 2017 | 1.1% | £2,240pcm |
| June 2016 | 3.4% | £2,215pcm |
| June 2015 | 4.8% | £2,142pcm |
| June 2014 | 2.7% | £2,044pcm |
| June 2013 | 0.8% | £1,991pcm |
| June 2012 | 0.7% | £1,975pcm |
| June 2011 | 2.8% | £1,961pcm |
| June 2010 | 6.6% | £1,907pcm |
| June 2009 | -5.9% | £1,789pcm |
| June 2008 | 1.8% | £1,902pcm |
| June 2007 | 0% | £1,868pcm |
Sales History
The last sale was on 15th August 2025 for £2,250,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 17 sales since 1995.
GL50 2PJ has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£2,250,000 | 6 Bed HouseWell House, Well Place, Cheltenham, GL50 2PJWell House, Well Place, Cheltenham, GL50 2PJ
- Sold Oct 2024£580,000 | 4 Bed House2 Lancaster Court, Well Place, Cheltenham, GL50 2PJ2 Lancaster Court, Well Place, Cheltenham, GL50 2PJ
- Sold Jan 2022£966,750 | 6 Bed HouseWell House, Well Place, Cheltenham, GL50 2PJWell House, Well Place, Cheltenham, GL50 2PJ
- Sold May 2021£670,000 | 4 Bed House3 Lancaster Court, Well Place, Cheltenham, GL50 2PJ3 Lancaster Court, Well Place, Cheltenham, GL50 2PJ
- Sold Jul 2017£901,901 | 6 Bed HouseNewburn, Well Place, Cheltenham, GL50 2PJNewburn, Well Place, Cheltenham, GL50 2PJ
Nearby Postcodes
GL50 2PJ is the 271st largest and the 617th most expensive postcode out of the 719 postcodes in the GL50 area.
- GL50 2PE, Douro Road, Cheltenham, GL50GL50 2PE9 Addresses|48 m away
- GL50 2PH, Well Place, Cheltenham, GL50GL50 2PH2 Addresses|56 m away
- GL50 2PF, Douro Road, Cheltenham, GL50GL50 2PF11 Addresses|104 m away
- GL50 2PD, Douro Road, Cheltenham, GL50GL50 2PD17 Addresses|116 m away
- GL50 2PQ, Douro Road, Cheltenham, GL50GL50 2PQ24 Addresses|120 m away
Property Types
- 1 modern house built after 1980
- 7 mid-century houses built between 1936 and 1979
- 1 other address of unknown type
- modern house (1)
- mid-century house (7)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (2)
- F (0)
- C (3)
- G (0)
- D (1)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Aug 2025£2,250,000 | 6 Bed HouseWell House, Well Place, Cheltenham, GL50 2PJWell House, Well Place, Cheltenham, GL50 2PJ
- Sold Mar 2018£1,560,000 | 6 Bed House3, Well Place, Cheltenham, GL50 2PH3, Well Place, Cheltenham, GL50 2PH
- Sold Mar 2014£1,350,000 | 6 Bed House5, Well Place, Cheltenham, GL50 2PH5, Well Place, Cheltenham, GL50 2PH
Schools Nearby
- Christ Church CofE Primary School500 m away
- The Catholic School of Saint Gregory the Great900 m away
- Gloucester Road Primary School900 m away
- Cheltenham Bournside School and Sixth Form Centre1.3 km away
- The High School Leckhampton2.1 km away
- Pate's Grammar School2.1 km away
More reading links
Public Transport Nearby
The closest station to GL50 2PJ is Cheltenham Spa station, which is 600 metres away.
- Cheltenham Spa|600 m away
- Gloucester|10.7 km away
- Ashchurch for Tewkesbury|11.5 km away
- Stroud (Gloucs)|19.1 km away
