Park Place - GL50 2QU
Key Postcode Insights
GL50 2QU is a residential postcode situated on Park Place, Cheltenham, GL50 with 15 addresses.
It ranks as the 398th largest and 497th most expensive of the 719 postcodes in the GL50 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 15 properties: 5 houses and 10 flats.
- Ave. Sale Price
- £690,504
- 10 Year change
- up 21.7%
- Ave. Rental Price
- £2,073pcm
- 10 Year change
- up 46.1%
- Ave. £ per ft²
- £429/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Key Postcode Insights
GL50 2QU is a residential postcode situated on Park Place, Cheltenham, GL50 with 15 addresses.
It ranks as the 398th largest and 497th most expensive of the 719 postcodes in the GL50 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 15 properties: 5 houses and 10 flats.
- Ave. Sale Price
- £690,504
- 10 Year change
- up 21.7%
- Ave. Rental Price
- £2,073pcm
- 10 Year change
- up 46.1%
- Ave. £ per ft²
- £429/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Explore Propertiesin GL50 2QU
- 9 Park Place
Period Building | 6 Units
- 11 Park Place
5 Bed Period House
- 15 Park Place
5 Bed House
- 17 Park Place
5 Bed House
- 19 Park Place
Building | 4 Flats
Sales Market Trends
The last sale in GL50 2QU sold for £675,000 on 5th January 2024. Since then prices are up an average of 0.3%.
The current average value in the postcode is £690,504.
The GL50 2QU Sales Market has increased by 21.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £690,504 |
| June 2025 | 0.1% | £689,321 |
| June 2024 | -0.2% | £688,801 |
| June 2023 | 0.4% | £690,479 |
| June 2022 | 6.5% | £688,030 |
| June 2021 | 0.9% | £646,315 |
| June 2020 | 5.9% | £640,850 |
| June 2019 | -0.9% | £605,109 |
| June 2018 | 3.5% | £610,614 |
| June 2017 | 3.9% | £589,839 |
| June 2016 | 5.7% | £567,462 |
| June 2015 | 4.7% | £536,640 |
| June 2014 | 5% | £512,582 |
| June 2013 | 3.3% | £487,972 |
| June 2012 | 1.5% | £472,575 |
| June 2011 | -1% | £465,484 |
| June 2010 | 11.2% | £470,057 |
| June 2009 | -10.1% | £422,801 |
| June 2008 | -4.8% | £470,129 |
| June 2007 | 0% | £494,086 |
Rental Market Trends
The current average rental value in the postcode is £2,073.
The GL50 2QU Rental Market has increased by 46.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £2,073pcm |
| June 2025 | 4.7% | £1,996pcm |
| June 2024 | 8.9% | £1,905pcm |
| June 2023 | 10.4% | £1,750pcm |
| June 2022 | 5.2% | £1,585pcm |
| June 2021 | 4% | £1,507pcm |
| June 2020 | 0.5% | £1,450pcm |
| June 2019 | 0.2% | £1,442pcm |
| June 2018 | 1.9% | £1,440pcm |
| June 2017 | -0.4% | £1,413pcm |
| June 2016 | 3.4% | £1,419pcm |
| June 2015 | 5.5% | £1,372pcm |
| June 2014 | 1.8% | £1,300pcm |
| June 2013 | 0.9% | £1,278pcm |
| June 2012 | 0.2% | £1,266pcm |
| June 2011 | 1.6% | £1,263pcm |
| June 2010 | 3.9% | £1,242pcm |
| June 2009 | -6.7% | £1,196pcm |
| June 2008 | 1% | £1,282pcm |
| June 2007 | 0% | £1,269pcm |
Sales History
The last sale was on 5th January 2024 for £675,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 29 sales since 1995.
GL50 2QU has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2024£675,000 | 3 Bed Flat19C, Park Place, Cheltenham, GL50 2QU19C, Park Place, Cheltenham, GL50 2QU
- Sold Mar 2023£590,000 | 3 Bed Flat19A, Park Place, Cheltenham, GL50 2QU19A, Park Place, Cheltenham, GL50 2QU
- Sold Aug 2022£1,700,000 | 5 Bed House15, Park Place, Cheltenham, GL50 2QU15, Park Place, Cheltenham, GL50 2QU
- Sold Jul 2021£1,590,000 | 5 Bed House17, Park Place, Cheltenham, GL50 2QU17, Park Place, Cheltenham, GL50 2QU
- Sold Mar 2021£308,000 | 2 Bed FlatFlat 5, 9, Park Place, Cheltenham, GL50 2QUFlat 5, 9, Park Place, Cheltenham, GL50 2QU
Nearby Postcodes
GL50 2QU is the 398th largest and the 497th most expensive postcode out of the 719 postcodes in the GL50 area.
- GL50 2QX, Andover Road, Cheltenham, GL50GL50 2QX6 Addresses|40 m away
- GL50 2QT, Park Place, Cheltenham, GL50GL50 2QT13 Addresses|49 m away
- GL50 2QY, Andover Walk, Cheltenham, GL50GL50 2QY9 Addresses|50 m away
- GL50 2QZ, Ashford Road, Cheltenham, GL50GL50 2QZ32 Addresses|66 m away
- GL50 2FB, Andover Walk, Cheltenham, GL50GL50 2FB1 Addresses|74 m away
Property Types
- 2 period houses built between 1800 and 1911
- 10 period flats built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- period house (2)
- period flat (10)
- mid-century house (1)
- house (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (7)
- No EPC (5)
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 School1.0 km 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 2QU 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