New Street - GL50 3LP
Key Postcode Insights
GL50 3LP is a residential postcode situated on New Street, Cheltenham, GL50 with 34 addresses.
It ranks as the 613th largest and 82nd most expensive of the 719 postcodes in the GL50 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 34 properties: 15 houses and 19 flats.
- Ave. Sale Price
- £203,617
- 10 Year change
- up 23.2%
- Ave. Rental Price
- £1,032pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £320/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
GL50 3LP is a residential postcode situated on New Street, Cheltenham, GL50 with 34 addresses.
It ranks as the 613th largest and 82nd most expensive of the 719 postcodes in the GL50 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 34 properties: 15 houses and 19 flats.
- Ave. Sale Price
- £203,617
- 10 Year change
- up 23.2%
- Ave. Rental Price
- £1,032pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £320/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin GL50 3LP
- 2 New Street
1 Bed Modern Flat
- 4 New Street
1 Bed Modern Flat
- 6 New Street
Modern Building | 8 Units
- 8-10 New Street
Building  |  4 Flats
- 10A New Street
Unknown
Sales Market Trends
The last sale in GL50 3LP sold for £290,000 on 30th September 2025. Since then prices are up an average of 1.7%.
The current average value in the postcode is £203,617.
The GL50 3LP Sales Market has increased by 23.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £203,617 |
| June 2025 | 1.5% | £201,987 |
| June 2024 | -0.4% | £199,091 |
| June 2023 | -0.9% | £199,791 |
| June 2022 | 6.8% | £201,557 |
| June 2021 | -0.6% | £188,676 |
| June 2020 | 7.4% | £189,835 |
| June 2019 | -2% | £176,811 |
| June 2018 | 3.9% | £180,510 |
| June 2017 | 5.1% | £173,779 |
| June 2016 | 5.5% | £165,297 |
| June 2015 | 2.3% | £156,728 |
| June 2014 | 6% | £153,223 |
| June 2013 | 2.3% | £144,528 |
| June 2012 | 0.7% | £141,336 |
| June 2011 | -1.8% | £140,299 |
| June 2010 | 8.1% | £142,839 |
| June 2009 | -10.9% | £132,141 |
| June 2008 | -4.4% | £148,231 |
| June 2007 | 0% | £155,106 |
Rental Market Trends
The current average rental value in the postcode is £1,032.
The GL50 3LP Rental Market has increased by 49.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5% | £1,032pcm |
| June 2025 | 5.4% | £983pcm |
| June 2024 | 8.6% | £933pcm |
| June 2023 | 10.1% | £859pcm |
| June 2022 | 6.2% | £780pcm |
| June 2021 | 4.4% | £734pcm |
| June 2020 | 0.2% | £703pcm |
| June 2019 | 0.3% | £702pcm |
| June 2018 | 1.7% | £700pcm |
| June 2017 | -0.5% | £689pcm |
| June 2016 | 3.6% | £692pcm |
| June 2015 | 5.8% | £667pcm |
| June 2014 | 1.8% | £631pcm |
| June 2013 | 1.1% | £619pcm |
| June 2012 | -0.1% | £612pcm |
| June 2011 | 0.7% | £613pcm |
| June 2010 | 2.3% | £609pcm |
| June 2009 | -7.9% | £595pcm |
| June 2008 | 1.2% | £646pcm |
| June 2007 | 0% | £638pcm |
Sales History
The last sale was on 30th September 2025 for £290,000 and since then the market in the area has increased by 1.7%. The postcode has had a total of 52 sales since 1995.
GL50 3LP has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£290,000 | 3 Bed House42, New Street, Cheltenham, GL50 3LP42, New Street, Cheltenham, GL50 3LP
- Sold Mar 2025£272,000 | 3 Bed House38, New Street, Cheltenham, GL50 3LP38, New Street, Cheltenham, GL50 3LP
- Sold Jul 2024£224,000 | 2 Bed House14, New Street, Cheltenham, GL50 3LP14, New Street, Cheltenham, GL50 3LP
- Sold Jan 2024£180,000 | 2 Bed Flat24, New Street, Cheltenham, GL50 3LP24, New Street, Cheltenham, GL50 3LP
- Sold Aug 2023£177,500 | 2 Bed FlatFlat 1, 16, New Street, Cheltenham, GL50 3LPFlat 1, 16, New Street, Cheltenham, GL50 3LP
Nearby Postcodes
GL50 3LP is the 613th largest and the 82nd most expensive postcode out of the 719 postcodes in the GL50 area.
- GL50 3LW, Chapel Street, Cheltenham, GL50GL50 3LW11 Addresses|28 m away
- GL50 3LN, New Street, Cheltenham, GL50GL50 3LN25 Addresses|31 m away
- GL50 3PS, Royal Oak Mews, Cheltenham, GL50GL50 3PS8 Addresses|40 m away
- GL50 3QQ, Knapp Road, Cheltenham, GL50GL50 3QQ55 Addresses|41 m away
- GL50 3LT, Devonshire Street, Cheltenham, GL50GL50 3LT6 Addresses|68 m away
Property Types
- 12 period houses built between 1800 and 1911
- 4 period flats built between 1800 and 1911
- 15 modern flats built after 1980
- 3 other addresses of unknown type
- period house (12)
- period flat (4)
- modern flat (15)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 31 properties.
- The most common rating is C.
- A (0)
- E (5)
- B (1)
- F (0)
- C (15)
- G (1)
- D (9)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Mar 2025£325,000 | 3 Bed House73C, New Street, Cheltenham, GL50 3ND73C, New Street, Cheltenham, GL50 3ND
- Sold Aug 2025£325,000 | 3 Bed House73A, New Street, Cheltenham, GL50 3ND73A, New Street, Cheltenham, GL50 3ND
- Sold Apr 2022£315,000 | 3 Bed House43, New Street, Cheltenham, GL50 3LN43, New Street, Cheltenham, GL50 3LN
Schools Nearby
- The Catholic School of Saint Gregory the Great100 m away
- Gloucester Road Primary School700 m away
- Christ Church CofE Primary School700 m away
- Pittville School1.5 km away
- Cheltenham Bournside School and Sixth Form Centre2.3 km away
- All Saints' Academy, Cheltenham2.4 km away
More reading links
Public Transport Nearby
The closest station to GL50 3LP is Cheltenham Spa station, which is 1.4 kilometres away.
- Cheltenham Spa|1.4 km away
- Ashchurch for Tewkesbury|10.9 km away
- Gloucester|11.6 km away
- Stroud (Gloucs)|20.0 km away
