Springbank Road - GL51 0LT
Key Postcode Insights
GL51 0LT is a residential postcode situated on Springbank Road, Cheltenham, GL51 with 11 addresses.
It ranks as the 615th largest and 837th most expensive of the 1,488 postcodes in the GL51 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 11 properties: 10 houses and 1 flat.
- Ave. Sale Price
- £350,073
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,634pcm
- 10 Year change
- up 60.9%
- Ave. £ per ft²
- £357/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
GL51 0LT is a residential postcode situated on Springbank Road, Cheltenham, GL51 with 11 addresses.
It ranks as the 615th largest and 837th most expensive of the 1,488 postcodes in the GL51 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 11 properties: 10 houses and 1 flat.
- Ave. Sale Price
- £350,073
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,634pcm
- 10 Year change
- up 60.9%
- Ave. £ per ft²
- £357/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin GL51 0LT
- Appleton Hope Orchard
5 Bed Modern House
- Hayden View Hope Orchard
Unknown
- Oakland Hope Orchard
Unknown
- The Homestead
Building  |  3 Flats
Sales Market Trends
The last sale in GL51 0LT sold for £285,000 on 15th July 2024. Since then prices are up an average of 1.3%.
The current average value in the postcode is £350,073.
The GL51 0LT Sales Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.5% | £350,073 |
| June 2025 | 0.8% | £348,312 |
| June 2024 | -1.6% | £345,692 |
| June 2023 | 2.6% | £351,460 |
| June 2022 | 10.6% | £342,491 |
| June 2021 | 6.6% | £309,542 |
| June 2020 | 1.1% | £290,343 |
| June 2019 | 0.6% | £287,323 |
| June 2018 | 4.3% | £285,692 |
| June 2017 | 5.1% | £273,793 |
| June 2016 | 4.9% | £260,500 |
| June 2015 | 6.3% | £248,240 |
| June 2014 | 7.3% | £233,604 |
| June 2013 | 1.4% | £217,725 |
| June 2012 | 1% | £214,728 |
| June 2011 | -1.7% | £212,689 |
| June 2010 | 10% | £216,376 |
| June 2009 | -11.2% | £196,785 |
| June 2008 | -4% | £221,511 |
| June 2007 | 0% | £230,716 |
Rental Market Trends
The current average rental value in the postcode is £1,634.
The GL51 0LT Rental Market has increased by 60.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,634pcm |
| June 2025 | 7.3% | £1,571pcm |
| June 2024 | 7.4% | £1,464pcm |
| June 2023 | 10.1% | £1,363pcm |
| June 2022 | 7.8% | £1,238pcm |
| June 2021 | 5.8% | £1,148pcm |
| June 2020 | 2.1% | £1,085pcm |
| June 2019 | 0% | £1,063pcm |
| June 2018 | 2.2% | £1,063pcm |
| June 2017 | 2.4% | £1,039pcm |
| June 2016 | 2.8% | £1,015pcm |
| June 2015 | 3.3% | £987pcm |
| June 2014 | 3.3% | £955pcm |
| June 2013 | 0.1% | £924pcm |
| June 2012 | 1% | £923pcm |
| June 2011 | 2.5% | £914pcm |
| June 2010 | 5.1% | £892pcm |
| June 2009 | -8% | £849pcm |
| June 2008 | 1.4% | £923pcm |
| June 2007 | 0% | £909pcm |
Sales History
The last sale was on 15th July 2024 for £285,000 and since then the market in the area has increased by 1.3%. The postcode has had a total of 3 sales since 1995.
GL51 0LT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2024£285,000 | 3 Bed House3 The Homestead, Springbank Road, Cheltenham, GL51 0LT3 The Homestead, Springbank Road, Cheltenham, GL51 0LT
- Sold Jun 2000£380,000 | 3 Bed HouseThe Homestead, Springbank Road, Cheltenham, GL51 0LTThe Homestead, Springbank Road, Cheltenham, GL51 0LT
- Sold Apr 1996£175,000 | 3 Bed HouseThe Homestead, Springbank Road, Cheltenham, GL51 0LTThe Homestead, Springbank Road, Cheltenham, GL51 0LT
Nearby Postcodes
GL51 0LT is the 615th largest and the 837th most expensive postcode out of the 1,488 postcodes in the GL51 area.
- GL51 0LY, Solway Road, Cheltenham, GL51GL51 0LY7 Addresses|39 m away
- GL51 0NG, Dunbar Close, Cheltenham, GL51GL51 0NG6 Addresses|52 m away
- GL51 0NF, Dunbar Close, Cheltenham, GL51GL51 0NF6 Addresses|91 m away
- GL51 0NE, Solway Road, Cheltenham, GL51GL51 0NE2 Addresses|103 m away
- GL51 0ND, Leinster Close, Cheltenham, GL51GL51 0ND9 Addresses|119 m away
Property Types
- 3 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 3 mid-century flats built between 1936 and 1979
- 4 other addresses of unknown type
- modern house (3)
- mid-century house (1)
- mid-century flat (3)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (2)
- F (0)
- C (2)
- G (0)
- D (1)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Jun 2000£380,000 | 3 Bed HouseThe Homestead, Springbank Road, Cheltenham, GL51 0LTThe Homestead, Springbank Road, Cheltenham, GL51 0LT
- Sold Oct 2023£365,000 | 3 Bed House67, Springbank Road, Cheltenham, GL51 0NU67, Springbank Road, Cheltenham, GL51 0NU
- Sold Sep 2023£330,000 | 3 Bed House22, Springbank Road, Cheltenham, GL51 0LU22, Springbank Road, Cheltenham, GL51 0LU
Schools Nearby
- Springbank Primary Academy100 m away
- Hesters Way Primary School800 m away
- St Thomas More Catholic Primary School900 m away
- Pate's Grammar School700 m away
- All Saints' Academy, Cheltenham900 m away
- Cheltenham Bournside School and Sixth Form Centre3.1 km away
More reading links
Public Transport Nearby
The closest station to GL51 0LT is Cheltenham Spa station, which is 2.2 kilometres away.
- Cheltenham Spa|2.2 km away
- Gloucester|9.4 km away
- Ashchurch for Tewkesbury|9.8 km away
- Stroud (Gloucs)|19.7 km away