New Street - GL50 3LY
Key Postcode Insights
GL50 3LY is a residential postcode situated on New Street, Cheltenham, GL50 with 7 addresses.
It ranks as the 223rd largest and 324th most expensive of the 719 postcodes in the GL50 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £259,562
- 10 Year change
- up 35.1%
- Ave. Rental Price
- £1,217pcm
- 10 Year change
- up 63.5%
- Ave. £ per ft²
- £300/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
GL50 3LY is a residential postcode situated on New Street, Cheltenham, GL50 with 7 addresses.
It ranks as the 223rd largest and 324th most expensive of the 719 postcodes in the GL50 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £259,562
- 10 Year change
- up 35.1%
- Ave. Rental Price
- £1,217pcm
- 10 Year change
- up 63.5%
- Ave. £ per ft²
- £300/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin GL50 3LY
- 61 New Street
3 Bed Period House
- 63 New Street
3 Bed Period House
- 65 New Street
Unknown
- 67 New Street
3 Bed Period House
- 69 New Street
3 Bed Period House
Sales Market Trends
The last sale in GL50 3LY sold for £240,000 on 31st July 2024. Since then prices are up an average of 3.7%.
The current average value in the postcode is £259,562.
The GL50 3LY Sales Market has increased by 35.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1% | £259,562 |
| June 2025 | 2.8% | £256,930 |
| June 2024 | -0.5% | £249,905 |
| June 2023 | -0.3% | £251,144 |
| June 2022 | 9.4% | £251,936 |
| June 2021 | 0.6% | £230,214 |
| June 2020 | 6.9% | £228,944 |
| June 2019 | -1% | £214,207 |
| June 2018 | 4.8% | £216,359 |
| June 2017 | 7.4% | £206,430 |
| June 2016 | 6.2% | £192,140 |
| June 2015 | 3.1% | £180,946 |
| June 2014 | 7.3% | £175,475 |
| June 2013 | 1.8% | £163,473 |
| June 2012 | 1.4% | £160,641 |
| June 2011 | -0.9% | £158,391 |
| June 2010 | 10.2% | £159,853 |
| June 2009 | -11% | £145,048 |
| June 2008 | -4.4% | £163,001 |
| June 2007 | 0% | £170,444 |
Rental Market Trends
The current average rental value in the postcode is £1,217.
The GL50 3LY Rental Market has increased by 63.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.2% | £1,217pcm |
| June 2025 | 6.9% | £1,157pcm |
| June 2024 | 8.4% | £1,083pcm |
| June 2023 | 10.6% | £999pcm |
| June 2022 | 8.7% | £903pcm |
| June 2021 | 5.4% | £831pcm |
| June 2020 | 0% | £788pcm |
| June 2019 | 1.2% | £788pcm |
| June 2018 | 2.6% | £778pcm |
| June 2017 | 1.9% | £758pcm |
| June 2016 | 4.3% | £744pcm |
| June 2015 | 6.4% | £714pcm |
| June 2014 | 3.2% | £671pcm |
| June 2013 | 0.6% | £650pcm |
| June 2012 | 0.6% | £646pcm |
| June 2011 | 1.7% | £642pcm |
| June 2010 | 4.4% | £632pcm |
| June 2009 | -8.1% | £605pcm |
| June 2008 | 1.4% | £659pcm |
| June 2007 | 0% | £650pcm |
Sales History
The last sale was on 31st July 2024 for £240,000 and since then the market in the area has increased by 3.7%. The postcode has had a total of 11 sales since 1995.
GL50 3LY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2024£240,000 | 3 Bed House61, New Street, Cheltenham, GL50 3LY61, New Street, Cheltenham, GL50 3LY
- Sold Jan 2020£290,000 | 3 Bed House63, New Street, Cheltenham, GL50 3LY63, New Street, Cheltenham, GL50 3LY
- Sold Mar 2017£260,000 | 3 Bed House63, New Street, Cheltenham, GL50 3LY63, New Street, Cheltenham, GL50 3LY
- Sold Jul 2015£162,000 | 3 Bed House61, New Street, Cheltenham, GL50 3LY61, New Street, Cheltenham, GL50 3LY
- Sold Oct 2010£190,000 | 3 Bed House63, New Street, Cheltenham, GL50 3LY63, New Street, Cheltenham, GL50 3LY
Nearby Postcodes
GL50 3LY is the 223rd largest and the 324th most expensive postcode out of the 719 postcodes in the GL50 area.
- GL50 3ND, New Street, Cheltenham, GL50GL50 3ND8 Addresses|41 m away
- GL50 3LU, New Street, Cheltenham, GL50GL50 3LU3 Addresses|45 m away
- GL50 3LX, Station Street, Cheltenham, GL50GL50 3LX26 Addresses|58 m away
- GL50 3LZ, Grove Street, Cheltenham, GL50GL50 3LZ22 Addresses|70 m away
- GL50 3QJ, Knapp Lane, Cheltenham, GL50GL50 3QJ3 Addresses|72 m away
Property Types
- 6 period houses built between 1800 and 1911
- 1 other address of unknown type
- period house (6)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (5)
- 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 School600 m away
- Pittville School1.6 km away
- Cheltenham Bournside School and Sixth Form Centre2.2 km away
- All Saints' Academy, Cheltenham2.2 km away
More reading links
Public Transport Nearby
The closest station to GL50 3LY 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
