Park Place - GL50 2QT
Key Postcode Insights
GL50 2QT is a residential postcode situated on Park Place, Cheltenham, GL50 with 13 addresses.
It ranks as the 365th largest and 701st most expensive of the 719 postcodes in the GL50 area.
The postcode contains a total of 13 properties: 11 houses and 2 flats.
- Ave. Sale Price
- £1,076,544
- 10 Year change
- up 23.8%
- Ave. Rental Price
- £2,894pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £468/ft²
- Ave. Gross Yield
- 3.2%/year/yr
Key Postcode Insights
GL50 2QT is a residential postcode situated on Park Place, Cheltenham, GL50 with 13 addresses.
It ranks as the 365th largest and 701st most expensive of the 719 postcodes in the GL50 area.
The postcode contains a total of 13 properties: 11 houses and 2 flats.
- Ave. Sale Price
- £1,076,544
- 10 Year change
- up 23.8%
- Ave. Rental Price
- £2,894pcm
- 10 Year change
- up 48.5%
- Ave. £ per ft²
- £468/ft²
- Ave. Gross Yield
- 3.2%/year/yr
Explore Propertiesin GL50 2QT
- 18 Park Place
5 Bed Period House
- 20 Park Place
5 Bed House
- 22 Park Place
5 Bed House
- 24 Park Place
Unknown
- 26 Park Place
Unknown
Sales Market Trends
The last sale in GL50 2QT sold for £1,100,000 on 25th September 2023. Since then prices are up an average of 0.6%.
The current average value in the postcode is £1,076,544.
The GL50 2QT Sales Market has increased by 23.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £1,076,544 |
| June 2025 | 0.1% | £1,075,676 |
| June 2024 | -0.3% | £1,074,495 |
| June 2023 | 0.7% | £1,077,377 |
| June 2022 | 6.7% | £1,070,161 |
| June 2021 | 0.8% | £1,003,376 |
| June 2020 | 6% | £995,530 |
| June 2019 | -0.6% | £939,276 |
| June 2018 | 4% | £945,283 |
| June 2017 | 4.5% | £908,599 |
| June 2016 | 5.7% | £869,873 |
| June 2015 | 4.8% | £822,816 |
| June 2014 | 5.3% | £784,825 |
| June 2013 | 3.1% | £745,293 |
| June 2012 | 1.9% | £723,000 |
| June 2011 | -0.2% | £709,374 |
| June 2010 | 12.8% | £711,006 |
| June 2009 | -9.3% | £630,206 |
| June 2008 | -4.9% | £694,486 |
| June 2007 | 0% | £730,411 |
Rental Market Trends
The current average rental value in the postcode is £2,894.
The GL50 2QT Rental Market has increased by 48.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £2,894pcm |
| June 2025 | 4.8% | £2,789pcm |
| June 2024 | 8.9% | £2,662pcm |
| June 2023 | 10.7% | £2,445pcm |
| June 2022 | 5.4% | £2,208pcm |
| June 2021 | 3.9% | £2,095pcm |
| June 2020 | 0.6% | £2,017pcm |
| June 2019 | 0.4% | £2,005pcm |
| June 2018 | 2.4% | £1,996pcm |
| June 2017 | 0.1% | £1,950pcm |
| June 2016 | 3.4% | £1,949pcm |
| June 2015 | 5.7% | £1,884pcm |
| June 2014 | 2% | £1,783pcm |
| June 2013 | 0.8% | £1,748pcm |
| June 2012 | 0.6% | £1,734pcm |
| June 2011 | 2.4% | £1,723pcm |
| June 2010 | 5.4% | £1,683pcm |
| June 2009 | -5.9% | £1,596pcm |
| June 2008 | 1% | £1,696pcm |
| June 2007 | 0% | £1,680pcm |
Sales History
The last sale was on 25th September 2023 for £1,100,000 and since then the market in the area has increased by 0.6%. The postcode has had a total of 25 sales since 1995.
GL50 2QT has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Sep 2023£1,100,000 | 3 Bed Flat28, Park Place, Cheltenham, GL50 2QT28, Park Place, Cheltenham, GL50 2QT
- Sold Sep 2023£300,000 | 3 Bed Flat28, Park Place, Cheltenham, GL50 2QT28, Park Place, Cheltenham, GL50 2QT
- Sold Jun 2023£1,100,000 | 5 Bed House34, Park Place, Cheltenham, GL50 2QT34, Park Place, Cheltenham, GL50 2QT
- Sold Aug 2022£1,600,000 | 6 Bed House22, Park Place, Cheltenham, GL50 2QT22, Park Place, Cheltenham, GL50 2QT
- Sold Jun 2022£845,000 | 5 Bed House38, Park Place, Cheltenham, GL50 2QT38, Park Place, Cheltenham, GL50 2QT
Nearby Postcodes
GL50 2QT is the 365th largest and the 701st most expensive postcode out of the 719 postcodes in the GL50 area.
- GL50 2EL, Andover Street, Cheltenham, GL50GL50 2EL12 Addresses|37 m away
- GL50 2QU, Park Place, Cheltenham, GL50GL50 2QU15 Addresses|49 m away
- GL50 2EN, Ashford Road, Cheltenham, GL50GL50 2EN15 Addresses|60 m away
- GL50 2DW, Ashover Lane, Cheltenham, GL50GL50 2DW2 Addresses|62 m away
- GL50 2EQ, Andover Road, Cheltenham, GL50GL50 2EQ6 Addresses|67 m away
Property Types
- 2 period houses built between 1800 and 1911
- 4 houses of an unknown age
- 2 flats of an unknown age
- 5 other addresses of unknown type
- period house (2)
- house (4)
- flat (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Apr 2014£1,999,000 | 6 Bed House18, Park Place, Cheltenham, GL50 2QT18, Park Place, Cheltenham, GL50 2QT
- Sold Oct 2017£1,700,000 | 5 Bed House29, Park Place, Cheltenham, GL50 2RE29, Park Place, Cheltenham, GL50 2RE
- Sold Aug 2022£1,700,000 | 5 Bed House15, Park Place, Cheltenham, GL50 2QU15, Park Place, Cheltenham, GL50 2QU
Schools Nearby
- St James' Church of England Primary School900 m away
- Naunton Park Primary School900 m away
- Christ Church CofE Primary School1.2 km away
- Cheltenham Bournside School and Sixth Form Centre1.2 km away
- The High School Leckhampton1.6 km away
- Pittville School2.7 km away
More reading links
Public Transport Nearby
The closest station to GL50 2QT is Cheltenham Spa station, which is 1.3 kilometres away.
- Cheltenham Spa|1.3 km away
- Gloucester|11.0 km away
- Ashchurch for Tewkesbury|12.2 km away
- Stroud (Gloucs)|18.7 km away