GL50 3SP is a residential postcode situated on Jessop Avenue, Cheltenham, GL50 with 24 addresses.
It ranks as the 537th largest and 303rd most expensive of the 718 postcodes in the GL50 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 24 properties: 24 flats.
GL50 3SP is a residential postcode situated on Jessop Avenue, Cheltenham, GL50 with 24 addresses.
It ranks as the 537th largest and 303rd most expensive of the 718 postcodes in the GL50 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 24 properties: 24 flats.
Sale prices range from £238,313 for 2 bedroom leasehold flats with a balcony (667 ft2) to £404,062 for 3 bedroom leasehold flats with a balcony (1,539 ft2) .
Monthly rental prices range from £1,108 pcm for 2 bed flats to £1,579 pcm for 3 bed flats.
The gross rental yield is between 4.5% and 5.7%.
The average value per square foot is £360.
The last sale in GL50 3SP sold for £223,000 on 9th January 2026. Since then prices are up an average of 3.3%.
The current average value in the postcode is £283,669.
The GL50 3SP Sales Market has increased by 17.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £283,669 |
| April 2025 | -0.3% | £281,565 |
| April 2024 | -0.6% | £282,369 |
| April 2023 | 0.3% | £284,150 |
| April 2022 | 3.9% | £283,174 |
| April 2021 | -2.1% | £272,630 |
| April 2020 | 6.5% | £278,464 |
| April 2019 | -2.1% | £261,399 |
| April 2018 | 3.8% | £266,964 |
| April 2017 | 6.2% | £257,120 |
| April 2016 | 1.7% | £242,084 |
| April 2015 | 4% | £237,976 |
| April 2014 | 5.1% | £228,763 |
| April 2013 | 1.9% | £217,705 |
| April 2012 | 2.2% | £213,569 |
| April 2011 | -2.8% | £208,928 |
| April 2010 | 8.4% | £215,013 |
| April 2009 | -10.6% | £198,381 |
| April 2008 | -4.8% | £221,953 |
| April 2007 | 0% | £233,114 |
The current average rental value in the postcode is £1,205.
The GL50 3SP Rental Market has increased by 36.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,205pcm |
| April 2025 | 4.4% | £1,166pcm |
| April 2024 | 8.8% | £1,117pcm |
| April 2023 | 8.8% | £1,027pcm |
| April 2022 | 2.7% | £944pcm |
| April 2021 | 3.8% | £919pcm |
| April 2020 | 0.4% | £885pcm |
| April 2019 | 0.1% | £882pcm |
| April 2018 | 0% | £882pcm |
| April 2017 | 0% | £881pcm |
| April 2016 | 3.2% | £881pcm |
| April 2015 | 4.1% | £853pcm |
| April 2014 | 2.2% | £820pcm |
| April 2013 | 0.4% | £802pcm |
| April 2012 | 0.6% | £799pcm |
| April 2011 | -0.1% | £794pcm |
| April 2010 | 2.7% | £795pcm |
| April 2009 | -8.3% | £774pcm |
| April 2008 | 1.4% | £844pcm |
| April 2007 | 0% | £832pcm |
The last sale was on 9th January 2026 for £223,000 and since then the market in the area has increased by 3.3%. The postcode has had a total of 42 sales since 1995.
GL50 3SP has seen 2 sales in the last three years and 2 sales in the last twelve months.
GL50 3SP is the 537th largest and the 303rd most expensive postcode out of the 718 postcodes in the GL50 area.
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The closest station to GL50 3SP is Cheltenham Spa station which is 1.2 kilometres away.
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