Springbank Way - GL51 0LH
Key Postcode Insights
GL51 0LH is a residential postcode situated on Springbank Way, Cheltenham, GL51 with 18 addresses.
It ranks as the 932nd largest and 669th most expensive of the 1,488 postcodes in the GL51 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 18 properties: 15 houses and 3 flats.
- Ave. Sale Price
- £269,814
- 10 Year change
- up 31.6%
- Ave. Rental Price
- £1,376pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £315/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
GL51 0LH is a residential postcode situated on Springbank Way, Cheltenham, GL51 with 18 addresses.
It ranks as the 932nd largest and 669th most expensive of the 1,488 postcodes in the GL51 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 18 properties: 15 houses and 3 flats.
- Ave. Sale Price
- £269,814
- 10 Year change
- up 31.6%
- Ave. Rental Price
- £1,376pcm
- 10 Year change
- up 57.6%
- Ave. £ per ft²
- £315/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin GL51 0LH
- 9 Springbank Way
Unknown
- 11 Springbank Way
Building  |  2 Flats
- 15 Springbank Way
3 Bed Modern House
- 17 Springbank Way
3 Bed Modern House
- 19 Springbank Way
Unknown
Sales Market Trends
The last sale in GL51 0LH sold for £285,000 on 28th July 2023. Since then prices are up an average of 0.3%.
The current average value in the postcode is £269,814.
The GL51 0LH Sales Market has increased by 31.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £269,814 |
| June 2025 | 0.5% | £268,210 |
| June 2024 | -1.5% | £266,763 |
| June 2023 | 2.4% | £270,868 |
| June 2022 | 10.4% | £264,638 |
| June 2021 | 6.3% | £239,746 |
| June 2020 | 0.6% | £225,526 |
| June 2019 | 0.3% | £224,240 |
| June 2018 | 3.9% | £223,664 |
| June 2017 | 5% | £215,290 |
| June 2016 | 4.7% | £205,084 |
| June 2015 | 6.2% | £195,792 |
| June 2014 | 7.2% | £184,330 |
| June 2013 | 0.9% | £171,987 |
| June 2012 | 1.1% | £170,438 |
| June 2011 | -1.6% | £168,619 |
| June 2010 | 8.9% | £171,282 |
| June 2009 | -11.8% | £157,347 |
| June 2008 | -4.6% | £178,401 |
| June 2007 | 0% | £186,927 |
Rental Market Trends
The current average rental value in the postcode is £1,376.
The GL51 0LH Rental Market has increased by 57.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £1,376pcm |
| June 2025 | 7.1% | £1,322pcm |
| June 2024 | 7.6% | £1,235pcm |
| June 2023 | 9.8% | £1,148pcm |
| June 2022 | 7.6% | £1,045pcm |
| June 2021 | 5.5% | £971pcm |
| June 2020 | 1.6% | £921pcm |
| June 2019 | -0.3% | £906pcm |
| June 2018 | 1.8% | £909pcm |
| June 2017 | 2.3% | £893pcm |
| June 2016 | 2.7% | £873pcm |
| June 2015 | 3.3% | £851pcm |
| June 2014 | 3.2% | £823pcm |
| June 2013 | -0.3% | £798pcm |
| June 2012 | 1.1% | £800pcm |
| June 2011 | 2.7% | £792pcm |
| June 2010 | 4% | £771pcm |
| June 2009 | -8.7% | £741pcm |
| June 2008 | 0.8% | £811pcm |
| June 2007 | 0% | £805pcm |
Sales History
The last sale was on 28th July 2023 for £285,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 23 sales since 1995.
GL51 0LH has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2023£285,000 | 3 Bed House35, Springbank Way, Cheltenham, GL51 0LH35, Springbank Way, Cheltenham, GL51 0LH
- Sold Sep 2021£250,000 | 3 Bed House37, Springbank Way, Cheltenham, GL51 0LH37, Springbank Way, Cheltenham, GL51 0LH
- Sold Aug 2021£240,000 | 3 Bed House39, Springbank Way, Cheltenham, GL51 0LH39, Springbank Way, Cheltenham, GL51 0LH
- Sold Oct 2020£265,000 | 3 Bed House25, Springbank Way, Cheltenham, GL51 0LH25, Springbank Way, Cheltenham, GL51 0LH
- Sold Mar 2017£197,000 | 3 Bed House17, Springbank Way, Cheltenham, GL51 0LH17, Springbank Way, Cheltenham, GL51 0LH
Nearby Postcodes
GL51 0LH is the 932nd largest and the 669th most expensive postcode out of the 1,488 postcodes in the GL51 area.
- GL51 0PP, Carrol Grove, Cheltenham, GL51GL51 0PP27 Addresses|59 m away
- GL51 0PN, Hazlitt Croft, Cheltenham, GL51GL51 0PN15 Addresses|69 m away
- GL51 0LJ, Springbank Close, Cheltenham, GL51GL51 0LJ10 Addresses|98 m away
- GL51 0PL, Springbank Way, Cheltenham, GL51GL51 0PL10 Addresses|99 m away
- GL51 0PW, Carlyle Grove, Cheltenham, GL51GL51 0PW26 Addresses|109 m away
Property Types
- 4 modern houses built after 1980
- 7 mid-century houses built between 1936 and 1979
- 7 other addresses of unknown type
- modern house (4)
- mid-century house (7)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (7)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold May 2019£310,000 | 4 Bed House82, Springbank Way, Cheltenham, GL51 0QX82, Springbank Way, Cheltenham, GL51 0QX
- Sold Mar 2019£305,000 | 4 Bed House76, Springbank Way, Cheltenham, GL51 0QX76, Springbank Way, Cheltenham, GL51 0QX
- Sold May 2019£305,000 | 4 Bed House80, Springbank Way, Cheltenham, GL51 0QX80, Springbank Way, Cheltenham, GL51 0QX
Schools Nearby
- Springbank Primary Academy300 m away
- Hesters Way Primary School500 m away
- St Thomas More Catholic Primary School1.0 km away
- All Saints' Academy, Cheltenham600 m away
- Pate's Grammar School700 m away
- Cheltenham Bournside School and Sixth Form Centre3.1 km away
More reading links
Public Transport Nearby
The closest station to GL51 0LH is Cheltenham Spa station, which is 2.1 kilometres away.
- Cheltenham Spa|2.1 km away
- Ashchurch for Tewkesbury|9.6 km away
- Gloucester|9.8 km away
- Stroud (Gloucs)|20.0 km away