New Street - GL50 3LU
Key Postcode Insights
GL50 3LU is a residential postcode situated on New Street, Cheltenham, GL50 with 4 addresses.
It ranks as the 86th largest and 327th 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 4 properties: 2 houses, 1 flat and 1 other property.
- Ave. Sale Price
- £245,486
- 10 Year change
- up 28.8%
- Ave. Rental Price
- £1,180pcm
- 10 Year change
- up 55.9%
- Ave. £ per ft²
- £287/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
GL50 3LU is a residential postcode situated on New Street, Cheltenham, GL50 with 4 addresses.
It ranks as the 86th largest and 327th 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 4 properties: 2 houses, 1 flat and 1 other property.
- Ave. Sale Price
- £245,486
- 10 Year change
- up 28.8%
- Ave. Rental Price
- £1,180pcm
- 10 Year change
- up 55.9%
- Ave. £ per ft²
- £287/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin GL50 3LU
- 55 New Street
Building | 2 Flats
- 57 New Street
3 Bed Mid-century House
- 59 New Street
Unknown
Sales Market Trends
The last sale in GL50 3LU sold for £172,500 on 5th February 2026. Since then prices are up an average of 1.1%.
The current average value in the postcode is £245,486.
The GL50 3LU Sales Market has increased by 28.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £245,486 |
| June 2025 | 2.1% | £242,493 |
| June 2024 | -0.2% | £237,528 |
| June 2023 | -0.6% | £238,121 |
| June 2022 | 7.9% | £239,464 |
| June 2021 | 0% | £221,869 |
| June 2020 | 7.3% | £221,813 |
| June 2019 | -1.7% | £206,790 |
| June 2018 | 4.6% | £210,419 |
| June 2017 | 5.5% | £201,073 |
| June 2016 | 6% | £190,535 |
| June 2015 | 2.7% | £179,820 |
| June 2014 | 6.4% | £175,104 |
| June 2013 | 2.2% | £164,511 |
| June 2012 | 0.8% | £160,942 |
| June 2011 | -1.7% | £159,585 |
| June 2010 | 8.5% | £162,391 |
| June 2009 | -10.9% | £149,616 |
| June 2008 | -4.2% | £167,980 |
| June 2007 | 0% | £175,300 |
Rental Market Trends
The current average rental value in the postcode is £1,180.
The GL50 3LU Rental Market has increased by 55.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.4% | £1,180pcm |
| June 2025 | 6.1% | £1,120pcm |
| June 2024 | 8.7% | £1,056pcm |
| June 2023 | 10.3% | £971pcm |
| June 2022 | 7.2% | £880pcm |
| June 2021 | 4.8% | £821pcm |
| June 2020 | 0.4% | £783pcm |
| June 2019 | 0.5% | £780pcm |
| June 2018 | 2.4% | £776pcm |
| June 2017 | 0.1% | £758pcm |
| June 2016 | 4.1% | £757pcm |
| June 2015 | 6% | £727pcm |
| June 2014 | 2.3% | £686pcm |
| June 2013 | 1.1% | £671pcm |
| June 2012 | 0% | £664pcm |
| June 2011 | 0.9% | £664pcm |
| June 2010 | 2.8% | £658pcm |
| June 2009 | -8.1% | £640pcm |
| June 2008 | 1.6% | £696pcm |
| June 2007 | 0% | £686pcm |
Sales History
The last sale was on 5th February 2026 for £172,500 and since then the market in the area has increased by 1.1%. The postcode has had a total of 9 sales since 1995.
GL50 3LU has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Feb 2026£172,500 | 2 Bed Flat55, New Street, Cheltenham, GL50 3LU55, New Street, Cheltenham, GL50 3LU
- Sold Sep 2021£259,100 | 3 Bed House57, New Street, Cheltenham, GL50 3LU57, New Street, Cheltenham, GL50 3LU
- Sold Jul 2020£135,000 | 2 Bed Flat55, New Street, Cheltenham, GL50 3LU55, New Street, Cheltenham, GL50 3LU
- Sold Dec 2013£95,000 | 2 Bed Flat55, New Street, Cheltenham, GL50 3LU55, New Street, Cheltenham, GL50 3LU
- Sold Jul 2006£125,000 | 2 Bed Flat55, New Street, Cheltenham, GL50 3LU55, New Street, Cheltenham, GL50 3LU
Nearby Postcodes
GL50 3LU is the 86th largest and the 327th most expensive postcode out of the 719 postcodes in the GL50 area.
- GL50 3LT, Devonshire Street, Cheltenham, GL50GL50 3LT6 Addresses|41 m away
- GL50 3LY, New Street, Cheltenham, GL50GL50 3LY7 Addresses|45 m away
- GL50 3LX, Station Street, Cheltenham, GL50GL50 3LX26 Addresses|62 m away
- GL50 3QJ, Knapp Lane, Cheltenham, GL50GL50 3QJ3 Addresses|74 m away
- GL50 3QQ, Knapp Road, Cheltenham, GL50GL50 3QQ55 Addresses|77 m away
Property Types
- 2 period flats built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 1 other address of unknown type
- period flat (2)
- mid-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
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 School600 m away
- Christ Church CofE Primary School700 m away
- Pittville School1.6 km away
- Cheltenham Bournside School and Sixth Form Centre2.2 km away
- All Saints' Academy, Cheltenham2.3 km away
More reading links
Public Transport Nearby
The closest station to GL50 3LU is Cheltenham Spa station, which is 1.3 kilometres away.
- Cheltenham Spa|1.3 km away
- Ashchurch for Tewkesbury|10.9 km away
- Gloucester|11.5 km away
- Stroud (Gloucs)|20.0 km away
