GL50 2PT is a residential postcode situated on Eldorado Road, Cheltenham, GL50 with 50 addresses.
It ranks as the 664th largest and 339th most expensive of the 718 postcodes in the GL50 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 50 properties: 16 houses and 34 flats.
GL50 2PT is a residential postcode situated on Eldorado Road, Cheltenham, GL50 with 50 addresses.
It ranks as the 664th largest and 339th most expensive of the 718 postcodes in the GL50 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 50 properties: 16 houses and 34 flats.
Sale prices range from £197,312 for 1 bedroom leasehold flats (441 ft2) to £2,651,457 for 6 bedroom freehold houses with a garden (4,327 ft2) .
Monthly rental prices range from £888 pcm for 1 bed flats to £8,872 pcm for 6 bed houses.
The gross rental yield is between 3.9% and 5.7%.
The average value per square foot is £408.
The last sale in GL50 2PT sold for £1,540,000 on 1st October 2025. Since then prices are up an average of 2.6%.
The current average value in the postcode is £547,007.
The GL50 2PT Sales Market has increased by 28.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.5% | £547,007 |
| April 2025 | 0.8% | £544,173 |
| April 2024 | -0.6% | £539,729 |
| April 2023 | 2.3% | £543,192 |
| April 2022 | 6.4% | £530,922 |
| April 2021 | 1.6% | £499,111 |
| April 2020 | 4.2% | £491,362 |
| April 2019 | -0.7% | £471,773 |
| April 2018 | 5% | £474,962 |
| April 2017 | 6.1% | £452,489 |
| April 2016 | 3.4% | £426,280 |
| April 2015 | 5.5% | £412,333 |
| April 2014 | 5.2% | £390,679 |
| April 2013 | 3.5% | £371,510 |
| April 2012 | 1.8% | £359,013 |
| April 2011 | -2.4% | £352,616 |
| April 2010 | 8.8% | £361,324 |
| April 2009 | -11.6% | £332,153 |
| April 2008 | -2% | £375,603 |
| April 2007 | 0% | £383,373 |
The current average rental value in the postcode is £2,023.
The GL50 2PT Rental Market has increased by 49.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £2,023pcm |
| April 2025 | 5.9% | £1,964pcm |
| April 2024 | 9.3% | £1,854pcm |
| April 2023 | 9.2% | £1,696pcm |
| April 2022 | 5.3% | £1,554pcm |
| April 2021 | 4.6% | £1,475pcm |
| April 2020 | 0.9% | £1,410pcm |
| April 2019 | 0.2% | £1,397pcm |
| April 2018 | 1.6% | £1,394pcm |
| April 2017 | 1.3% | £1,372pcm |
| April 2016 | 3.8% | £1,355pcm |
| April 2015 | 3.5% | £1,306pcm |
| April 2014 | 3.1% | £1,262pcm |
| April 2013 | 1.5% | £1,224pcm |
| April 2012 | 1.2% | £1,206pcm |
| April 2011 | 1% | £1,192pcm |
| April 2010 | 3% | £1,180pcm |
| April 2009 | -8.3% | £1,146pcm |
| April 2008 | 3.2% | £1,249pcm |
| April 2007 | 0% | £1,211pcm |
The last sale was on 1st October 2025 for £1,540,000 and since then the market in the area has increased by 2.6%. The postcode has had a total of 92 sales since 1995.
GL50 2PT has seen 7 sales in the last three years and 1 sale in the last twelve months.
GL50 2PT is the 664th largest and the 339th most expensive postcode out of the 718 postcodes in the GL50 area.
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The closest station to GL50 2PT is Cheltenham Spa station which is 300 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around GL50 2PT, 41.4% of property is privately owned outright and 29.3% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around GL50 2PT, 17.7% of residents are recorded as possessing school level qualifications and 68.1% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around GL50 2PT, the average age was 41.2 and the most common age was 27.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around GL50 2PT, 3.1% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around GL50 2PT, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.