Park Place - GL50 2RE
Key Postcode Insights
GL50 2RE is a residential postcode situated on Park Place, Cheltenham, GL50 with 4 addresses.
It ranks as the 106th largest and 679th most expensive of the 719 postcodes in the GL50 area.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £1,119,185
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £2,882pcm
- 10 Year change
- up 60.0%
- Ave. £ per ft²
- £586/ft²
- Ave. Gross Yield
- 3.1%/year/yr
Key Postcode Insights
GL50 2RE is a residential postcode situated on Park Place, Cheltenham, GL50 with 4 addresses.
It ranks as the 106th largest and 679th most expensive of the 719 postcodes in the GL50 area.
The postcode contains a total of 4 properties: 4 houses.
- Ave. Sale Price
- £1,119,185
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £2,882pcm
- 10 Year change
- up 60.0%
- Ave. £ per ft²
- £586/ft²
- Ave. Gross Yield
- 3.1%/year/yr
Explore Propertiesin GL50 2RE
- 29 Park Place
5 Bed House
- 33 Park Place
4 Bed Modern House
- 35 Park Place
Unknown
- 37 Park Place
Unknown
Sales Market Trends
The last sale in GL50 2RE sold for £1,050,000 on 4th August 2022. Since then prices are down an average of 0.1%.
The current average value in the postcode is £1,119,185.
The GL50 2RE Sales Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £1,119,185 |
| June 2025 | 0.4% | £1,119,624 |
| June 2024 | -0.7% | £1,114,744 |
| June 2023 | 1.9% | £1,123,165 |
| June 2022 | 9.4% | £1,101,907 |
| June 2021 | 4.3% | £1,007,080 |
| June 2020 | 4.8% | £965,276 |
| June 2019 | 1.1% | £920,879 |
| June 2018 | 4.6% | £910,816 |
| June 2017 | 4.5% | £870,547 |
| June 2016 | 7% | £832,760 |
| June 2015 | 7% | £778,624 |
| June 2014 | 5.3% | £727,730 |
| June 2013 | 4.8% | £690,902 |
| June 2012 | 2.2% | £659,371 |
| June 2011 | 0.1% | £645,272 |
| June 2010 | 16.6% | £644,584 |
| June 2009 | -9.1% | £552,922 |
| June 2008 | -3.3% | £608,085 |
| June 2007 | 0% | £629,064 |
Rental Market Trends
The current average rental value in the postcode is £2,882.
The GL50 2RE Rental Market has increased by 60.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £2,882pcm |
| June 2025 | 5.9% | £2,791pcm |
| June 2024 | 8.5% | £2,636pcm |
| June 2023 | 11.1% | £2,429pcm |
| June 2022 | 7.5% | £2,187pcm |
| June 2021 | 5.7% | £2,035pcm |
| June 2020 | 1.1% | £1,926pcm |
| June 2019 | 1% | £1,905pcm |
| June 2018 | 3.5% | £1,886pcm |
| June 2017 | 1.2% | £1,823pcm |
| June 2016 | 4.1% | £1,801pcm |
| June 2015 | 5.2% | £1,730pcm |
| June 2014 | 2.9% | £1,644pcm |
| June 2013 | 1.3% | £1,598pcm |
| June 2012 | 0.5% | £1,577pcm |
| June 2011 | 2.8% | £1,569pcm |
| June 2010 | 7.5% | £1,527pcm |
| June 2009 | -5.3% | £1,419pcm |
| June 2008 | 2.8% | £1,498pcm |
| June 2007 | 0% | £1,457pcm |
Sales History
The last sale was on 4th August 2022 for £1,050,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 8 sales since 1995.
GL50 2RE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2022£1,050,000 | 4 Bed House33, Park Place, Cheltenham, GL50 2RE33, Park Place, Cheltenham, GL50 2RE
- Sold Oct 2017£1,700,000 | 5 Bed House29, Park Place, Cheltenham, GL50 2RE29, Park Place, Cheltenham, GL50 2RE
- Sold Jun 2012£1,400,000 | 5 Bed House29, Park Place, Cheltenham, GL50 2RE29, Park Place, Cheltenham, GL50 2RE
- Sold Oct 2003£380,000 | 4 Bed House33, Park Place, Cheltenham, GL50 2RE33, Park Place, Cheltenham, GL50 2RE
- Sold Jan 2002£345,000 | 4 Bed House35, Park Place, Cheltenham, GL50 2RE35, Park Place, Cheltenham, GL50 2RE
Nearby Postcodes
GL50 2RE is the 106th largest and the 679th most expensive postcode out of the 719 postcodes in the GL50 area.
- GL50 2QE, Park Place, Cheltenham, GL50GL50 2QE32 Addresses|47 m away
- GL50 2RA, Park Place, Cheltenham, GL50GL50 2RA43 Addresses|60 m away
- GL50 2EW, Ashford Road, Cheltenham, GL50GL50 2EW8 Addresses|77 m away
- GL50 2QZ, Ashford Road, Cheltenham, GL50GL50 2QZ32 Addresses|77 m away
- GL50 2UZ, Ashford Road, Cheltenham, GL50GL50 2UZ1 Addresses|87 m away
Property Types
- 1 modern house built after 1980
- 1 house of an unknown age
- 2 other addresses of unknown type
- modern house (1)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (3)
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 School800 m away
- Naunton Park Primary School900 m away
- Christ Church CofE Primary School1.2 km away
- Cheltenham Bournside School and Sixth Form Centre1.1 km away
- The High School Leckhampton1.5 km away
- Pittville School2.8 km away
More reading links
Public Transport Nearby
The closest station to GL50 2RE is Cheltenham Spa station, which is 1.3 kilometres away.
- Cheltenham Spa|1.3 km away
- Gloucester|10.9 km away
- Ashchurch for Tewkesbury|12.3 km away
- Stroud (Gloucs)|18.6 km away
