Springbank Road - GL51 0LU
Key Postcode Insights
GL51 0LU is a residential postcode situated on Springbank Road, Cheltenham, GL51 with 14 addresses.
It ranks as the 768th largest and 546th 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 14 properties: 14 houses.
- Ave. Sale Price
- £276,368
- 10 Year change
- up 38.5%
- Ave. Rental Price
- £1,388pcm
- 10 Year change
- up 65.7%
- Ave. £ per ft²
- £365/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
GL51 0LU is a residential postcode situated on Springbank Road, Cheltenham, GL51 with 14 addresses.
It ranks as the 768th largest and 546th 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 14 properties: 14 houses.
- Ave. Sale Price
- £276,368
- 10 Year change
- up 38.5%
- Ave. Rental Price
- £1,388pcm
- 10 Year change
- up 65.7%
- Ave. £ per ft²
- £365/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin GL51 0LU
- 2 Springbank Road
2 Bed Mid-century House
- 4 Springbank Road
2 Bed Mid-century House
- 6 Springbank Road
3 Bed Mid-century House
- 8 Springbank Road
Unknown
- 10 Springbank Road
Unknown
Sales Market Trends
The last sale in GL51 0LU sold for £330,000 on 19th September 2023. Since then prices are up an average of 1.2%.
The current average value in the postcode is £276,368.
The GL51 0LU Sales Market has increased by 38.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £276,368 |
| June 2025 | 0.9% | £273,889 |
| June 2024 | -1.7% | £271,424 |
| June 2023 | 3.1% | £276,030 |
| June 2022 | 11.5% | £267,739 |
| June 2021 | 7.2% | £240,067 |
| June 2020 | 0.5% | £223,947 |
| June 2019 | 0.9% | £222,755 |
| June 2018 | 4.5% | £220,851 |
| June 2017 | 5.8% | £211,277 |
| June 2016 | 5.1% | £199,614 |
| June 2015 | 7% | £189,851 |
| June 2014 | 7.9% | £177,428 |
| June 2013 | 1.1% | £164,464 |
| June 2012 | 1.2% | £162,647 |
| June 2011 | -1.4% | £160,702 |
| June 2010 | 10.4% | £162,991 |
| June 2009 | -11.5% | £147,694 |
| June 2008 | -4.3% | £166,978 |
| June 2007 | 0% | £174,408 |
Rental Market Trends
The current average rental value in the postcode is £1,388.
The GL51 0LU Rental Market has increased by 65.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £1,388pcm |
| June 2025 | 7.6% | £1,329pcm |
| June 2024 | 7.4% | £1,236pcm |
| June 2023 | 10.5% | £1,150pcm |
| June 2022 | 8.6% | £1,042pcm |
| June 2021 | 6.1% | £959pcm |
| June 2020 | 2% | £904pcm |
| June 2019 | 0.2% | £887pcm |
| June 2018 | 2.4% | £885pcm |
| June 2017 | 3.2% | £864pcm |
| June 2016 | 3.1% | £837pcm |
| June 2015 | 3.8% | £812pcm |
| June 2014 | 3.8% | £783pcm |
| June 2013 | -0.1% | £754pcm |
| June 2012 | 1.3% | £755pcm |
| June 2011 | 2.9% | £745pcm |
| June 2010 | 5.6% | £724pcm |
| June 2009 | -8.3% | £686pcm |
| June 2008 | 1.1% | £748pcm |
| June 2007 | 0% | £740pcm |
Sales History
The last sale was on 19th September 2023 for £330,000 and since then the market in the area has increased by 1.2%. The postcode has had a total of 16 sales since 1995.
GL51 0LU has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2023£330,000 | 3 Bed House22, Springbank Road, Cheltenham, GL51 0LU22, Springbank Road, Cheltenham, GL51 0LU
- Sold Feb 2018£220,000 | 3 Bed House22, Springbank Road, Cheltenham, GL51 0LU22, Springbank Road, Cheltenham, GL51 0LU
- Sold May 2013£154,950 | 3 Bed House12, Springbank Road, Cheltenham, GL51 0LU12, Springbank Road, Cheltenham, GL51 0LU
- Sold Oct 2012£141,000 | 3 Bed House6, Springbank Road, Cheltenham, GL51 0LU6, Springbank Road, Cheltenham, GL51 0LU
- Sold Jan 2012£125,000 | 2 Bed House4, Springbank Road, Cheltenham, GL51 0LU4, Springbank Road, Cheltenham, GL51 0LU
Nearby Postcodes
GL51 0LU is the 768th largest and the 546th most expensive postcode out of the 1,488 postcodes in the GL51 area.
- GL51 0LW, Beaumont Road, Cheltenham, GL51GL51 0LW22 Addresses|64 m away
- GL51 0LY, Solway Road, Cheltenham, GL51GL51 0LY7 Addresses|99 m away
- GL51 0LN, Hesters Way Lane, Cheltenham, GL51GL51 0LN10 Addresses|116 m away
- GL51 0LL, Hesters Way Lane, Cheltenham, GL51GL51 0LL11 Addresses|122 m away
- GL51 0NQ, Springbank Road, Cheltenham, GL51GL51 0NQ18 Addresses|126 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 8 other addresses of unknown type
- mid-century house (6)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (2)
- G (0)
- D (3)
- No EPC (8)
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 School700 m away
- St Thomas More Catholic Primary School800 m away
- Pate's Grammar School600 m away
- All Saints' Academy, Cheltenham900 m away
- Cheltenham Bournside School and Sixth Form Centre3.0 km away
More reading links
Public Transport Nearby
The closest station to GL51 0LU is Cheltenham Spa station, which is 2.1 kilometres away.
- Cheltenham Spa|2.1 km away
- Gloucester|9.5 km away
- Ashchurch for Tewkesbury|9.9 km away
- Stroud (Gloucs)|19.6 km away
