Grove Street - GL50 3LZ
Key Postcode Insights
GL50 3LZ is a residential postcode situated on Grove Street, Cheltenham, GL50 with 22 addresses.
It ranks as the 509th largest and 81st most expensive of the 719 postcodes in the GL50 area.
The postcode contains a total of 22 properties: 5 houses and 17 flats.
- Ave. Sale Price
- £242,649
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £1,124pcm
- 10 Year change
- up 56.9%
- Ave. £ per ft²
- £384/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
GL50 3LZ is a residential postcode situated on Grove Street, Cheltenham, GL50 with 22 addresses.
It ranks as the 509th largest and 81st most expensive of the 719 postcodes in the GL50 area.
The postcode contains a total of 22 properties: 5 houses and 17 flats.
- Ave. Sale Price
- £242,649
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £1,124pcm
- 10 Year change
- up 56.9%
- Ave. £ per ft²
- £384/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin GL50 3LZ
- Quilter House
10 Units
- St. Georges House
6 Units
- The Workshop
House
- 1 Grove Street
5 Units
Sales Market Trends
The last sale in GL50 3LZ sold for £425,000 on 31st March 2025. Since then prices are up an average of 0.8%.
The current average value in the postcode is £242,649.
The GL50 3LZ Sales Market has increased by 29.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £242,649 |
| June 2025 | 2.1% | £240,586 |
| June 2024 | -0.4% | £235,658 |
| June 2023 | -0.4% | £236,629 |
| June 2022 | 7.9% | £237,463 |
| June 2021 | 0.3% | £219,988 |
| June 2020 | 7.2% | £219,232 |
| June 2019 | -1.6% | £204,483 |
| June 2018 | 4.6% | £207,745 |
| June 2017 | 6.1% | £198,545 |
| June 2016 | 6% | £187,153 |
| June 2015 | 2.6% | £176,478 |
| June 2014 | 6.7% | £171,979 |
| June 2013 | 2.2% | £161,240 |
| June 2012 | 1.1% | £157,743 |
| June 2011 | -1.3% | £156,079 |
| June 2010 | 9.6% | £158,074 |
| June 2009 | -10.4% | £144,187 |
| June 2008 | -4.2% | £160,852 |
| June 2007 | 0% | £167,824 |
Rental Market Trends
The current average rental value in the postcode is £1,124.
The GL50 3LZ Rental Market has increased by 56.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5% | £1,124pcm |
| June 2025 | 6.1% | £1,071pcm |
| June 2024 | 8.5% | £1,009pcm |
| June 2023 | 10.5% | £930pcm |
| June 2022 | 7.2% | £841pcm |
| June 2021 | 5.2% | £784pcm |
| June 2020 | 0.3% | £746pcm |
| June 2019 | 0.7% | £743pcm |
| June 2018 | 2.4% | £738pcm |
| June 2017 | 0.6% | £721pcm |
| June 2016 | 4.2% | £716pcm |
| June 2015 | 5.9% | £688pcm |
| June 2014 | 2.5% | £650pcm |
| June 2013 | 1.1% | £634pcm |
| June 2012 | 0.2% | £627pcm |
| June 2011 | 1.4% | £626pcm |
| June 2010 | 3.8% | £617pcm |
| June 2009 | -7.5% | £595pcm |
| June 2008 | 1.6% | £643pcm |
| June 2007 | 0% | £633pcm |
Sales History
The last sale was on 31st March 2025 for £425,000 and since then the market in the area has increased by 0.8%. The postcode has had a total of 6 sales since 1995.
GL50 3LZ has seen 5 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£425,000 | 4 Bed House1C, Grove Street, Cheltenham, GL50 3LZ1C, Grove Street, Cheltenham, GL50 3LZ
- Sold Mar 2025£425,000 | 4 Bed House1B, Grove Street, Cheltenham, GL50 3LZ1B, Grove Street, Cheltenham, GL50 3LZ
- Sold Mar 2025£425,000 | 4 Bed House1A, Grove Street, Cheltenham, GL50 3LZ1A, Grove Street, Cheltenham, GL50 3LZ
- Sold Mar 2025£425,000 | 4 Bed House1D, Grove Street, Cheltenham, GL50 3LZ1D, Grove Street, Cheltenham, GL50 3LZ
- Sold Jan 2024£360,000 | 2 Bed Flat1, Grove Street, Cheltenham, GL50 3LZ1, Grove Street, Cheltenham, GL50 3LZ
Nearby Postcodes
GL50 3LZ is the 509th largest and the 81st most expensive postcode out of the 719 postcodes in the GL50 area.
- GL50 3NR, Grove Mews, Cheltenham, GL50GL50 3NR7 Addresses|31 m away
- GL50 3NE, Burton Street, Cheltenham, GL50GL50 3NE61 Addresses|35 m away
- GL50 3LX, Station Street, Cheltenham, GL50GL50 3LX26 Addresses|44 m away
- GL50 3FD, Grove Street, Cheltenham, GL50GL50 3FD12 Addresses|48 m away
- GL50 3LY, New Street, Cheltenham, GL50GL50 3LY7 Addresses|70 m away
Property Types
- 22 other addresses of unknown type
- Unknown (22)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (7)
- F (0)
- C (4)
- G (0)
- D (0)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Mar 2025£425,000 | 4 Bed House1A, Grove Street, Cheltenham, GL50 3LZ1A, Grove Street, Cheltenham, GL50 3LZ
- Sold Mar 2025£425,000 | 4 Bed House1D, Grove Street, Cheltenham, GL50 3LZ1D, Grove Street, Cheltenham, GL50 3LZ
- Sold Mar 2025£425,000 | 4 Bed House1B, Grove Street, Cheltenham, GL50 3LZ1B, Grove Street, Cheltenham, GL50 3LZ
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 School1.5 km away
- All Saints' Academy, Cheltenham2.2 km away
- Cheltenham Bournside School and Sixth Form Centre2.2 km away
More reading links
Public Transport Nearby
The closest station to GL50 3LZ is Cheltenham Spa station, which is 1.3 kilometres away.
- Cheltenham Spa|1.3 km away
- Ashchurch for Tewkesbury|10.8 km away
- Gloucester|11.5 km away
- Stroud (Gloucs)|20.0 km away
