GL51 0FT is a residential postcode situated on Sotherby Drive, Cheltenham, GL51 with 12 addresses.
It ranks as the 659th largest and 209th most expensive of the 1,488 postcodes in the GL51 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 12 flats.
GL51 0FT is a residential postcode situated on Sotherby Drive, Cheltenham, GL51 with 12 addresses.
It ranks as the 659th largest and 209th most expensive of the 1,488 postcodes in the GL51 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 12 flats.
Sale prices range from £164,352 for 2 bedroom leasehold flats with a balcony (527 ft2) to £180,303 for 2 bedroom leasehold flats with a balcony (635 ft2) .
Monthly rental prices range from £907 pcm for 2 bed flats to £966 pcm for 2 bed flats.
The gross rental yield is between 6.4% and 6.6%.
The average value per square foot is £302.
The last sale in GL51 0FT sold for £167,500 on 7th February 2024. Since then prices are up an average of 2.4%.
The current average value in the postcode is £170,829.
The GL51 0FT Sales Market has increased by 23.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £170,829 |
| April 2025 | 0.4% | £167,920 |
| April 2024 | -3.1% | £167,203 |
| April 2023 | 4% | £172,498 |
| April 2022 | 7.3% | £165,885 |
| April 2021 | 5% | £154,609 |
| April 2020 | -0.2% | £147,212 |
| April 2019 | -0.1% | £147,563 |
| April 2018 | 3.2% | £147,775 |
| April 2017 | 3.2% | £143,203 |
| April 2016 | 2.7% | £138,730 |
| April 2015 | 6.9% | £135,072 |
| April 2014 | 3.4% | £126,357 |
| April 2013 | 1.4% | £122,185 |
| April 2012 | 0.3% | £120,547 |
| April 2011 | -2.5% | £120,201 |
| April 2010 | 6.1% | £123,319 |
| April 2009 | -13.4% | £116,267 |
| April 2008 | -2.3% | £134,334 |
| April 2007 | 0% | £137,505 |
The current average rental value in the postcode is £932.
The GL51 0FT Rental Market has increased by 42.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.2% | £932pcm |
| April 2025 | 6.1% | £894pcm |
| April 2024 | 7.5% | £843pcm |
| April 2023 | 8.3% | £784pcm |
| April 2022 | 6.3% | £724pcm |
| April 2021 | 2.9% | £681pcm |
| April 2020 | 1.4% | £662pcm |
| April 2019 | -1.3% | £652pcm |
| April 2018 | 0.6% | £661pcm |
| April 2017 | 0.4% | £657pcm |
| April 2016 | 1.5% | £654pcm |
| April 2015 | 1.6% | £645pcm |
| April 2014 | 2.4% | £635pcm |
| April 2013 | -0.9% | £620pcm |
| April 2012 | 1.4% | £626pcm |
| April 2011 | 1.8% | £617pcm |
| April 2010 | 0.8% | £606pcm |
| April 2009 | -8.5% | £602pcm |
| April 2008 | 0.9% | £658pcm |
| April 2007 | 0% | £652pcm |
The last sale was on 7th February 2024 for £167,500 and since then the market in the area has increased by 2.4%. The postcode has had a total of 20 sales since 1995.
GL51 0FT has seen 1 sale in the last three years and no sales in the last twelve months.
GL51 0FT is the 659th largest and the 209th most expensive postcode out of the 1,488 postcodes in the GL51 area.
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The closest station to GL51 0FT is Cheltenham Spa station which is 1.4 kilometres away.
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