Springbank Way - GL51 0PL
Key Postcode Insights
GL51 0PL is a residential postcode situated on Springbank Way, Cheltenham, GL51 with 10 addresses.
It ranks as the 557th largest and 571st 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 10 properties: 10 houses.
- Ave. Sale Price
- £277,900
- 10 Year change
- up 38.3%
- Ave. Rental Price
- £1,433pcm
- 10 Year change
- up 65.6%
- Ave. £ per ft²
- £311/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
GL51 0PL is a residential postcode situated on Springbank Way, Cheltenham, GL51 with 10 addresses.
It ranks as the 557th largest and 571st 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 10 properties: 10 houses.
- Ave. Sale Price
- £277,900
- 10 Year change
- up 38.3%
- Ave. Rental Price
- £1,433pcm
- 10 Year change
- up 65.6%
- Ave. £ per ft²
- £311/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin GL51 0PL
- 38 Springbank Way
4 Bed Modern House
- 40 Springbank Way
Unknown
- 42 Springbank Way
3 Bed Mid-century House
- 44 Springbank Way
Unknown
- 46 Springbank Way
3 Bed House
Sales Market Trends
The last sale in GL51 0PL sold for £269,950 on 26th March 2021. Since then prices are up an average of 17.3%.
The current average value in the postcode is £277,900.
The GL51 0PL Sales Market has increased by 38.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.9% | £277,900 |
| June 2025 | 1% | £275,345 |
| June 2024 | -1.6% | £272,716 |
| June 2023 | 3% | £277,107 |
| June 2022 | 11.4% | £269,037 |
| June 2021 | 6.9% | £241,585 |
| June 2020 | 0.9% | £226,026 |
| June 2019 | 0.8% | £224,115 |
| June 2018 | 4.5% | £222,317 |
| June 2017 | 5.8% | £212,666 |
| June 2016 | 5.3% | £200,971 |
| June 2015 | 6.8% | £190,847 |
| June 2014 | 7.8% | £178,659 |
| June 2013 | 1.2% | £165,712 |
| June 2012 | 1.2% | £163,719 |
| June 2011 | -1.4% | £161,725 |
| June 2010 | 10.4% | £164,003 |
| June 2009 | -11.4% | £148,502 |
| June 2008 | -4.3% | £167,640 |
| June 2007 | 0% | £175,178 |
Rental Market Trends
The current average rental value in the postcode is £1,433.
The GL51 0PL Rental Market has increased by 65.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.4% | £1,433pcm |
| June 2025 | 7.5% | £1,373pcm |
| June 2024 | 7.5% | £1,277pcm |
| June 2023 | 10.5% | £1,188pcm |
| June 2022 | 8.5% | £1,075pcm |
| June 2021 | 6.1% | £990pcm |
| June 2020 | 1.9% | £934pcm |
| June 2019 | 0.2% | £916pcm |
| June 2018 | 2.4% | £914pcm |
| June 2017 | 3.1% | £892pcm |
| June 2016 | 3.2% | £866pcm |
| June 2015 | 3.9% | £839pcm |
| June 2014 | 3.8% | £807pcm |
| June 2013 | 0% | £778pcm |
| June 2012 | 1.2% | £778pcm |
| June 2011 | 2.9% | £768pcm |
| June 2010 | 5.5% | £747pcm |
| June 2009 | -8.3% | £708pcm |
| June 2008 | 1.1% | £772pcm |
| June 2007 | 0% | £763pcm |
Sales History
The last sale was on 26th March 2021 for £269,950 and since then the market in the area has increased by 17.3%. The postcode has had a total of 21 sales since 1995.
GL51 0PL has seen no sales in the last three years and no sales in the last twelve months.
- Sold Mar 2021£269,950 | 4 Bed House38, Springbank Way, Cheltenham, GL51 0PL38, Springbank Way, Cheltenham, GL51 0PL
- Sold Jun 2015£173,000 | 3 Bed House52, Springbank Way, Cheltenham, GL51 0PL52, Springbank Way, Cheltenham, GL51 0PL
- Sold Jan 2014£166,250 | 3 Bed House42, Springbank Way, Cheltenham, GL51 0PL42, Springbank Way, Cheltenham, GL51 0PL
- Sold May 2011£168,000 | 3 Bed House54, Springbank Way, Cheltenham, GL51 0PL54, Springbank Way, Cheltenham, GL51 0PL
- Sold Feb 2011£186,000 | 3 Bed House50, Springbank Way, Cheltenham, GL51 0PL50, Springbank Way, Cheltenham, GL51 0PL
Nearby Postcodes
GL51 0PL is the 557th largest and the 571st most expensive postcode out of the 1,488 postcodes in the GL51 area.
- GL51 0PW, Carlyle Grove, Cheltenham, GL51GL51 0PW26 Addresses|48 m away
- GL51 0PU, Willowbrook Drive, Cheltenham, GL51GL51 0PU48 Addresses|80 m away
- GL51 0PR, Blake Croft, Cheltenham, GL51GL51 0PR22 Addresses|89 m away
- GL51 0LH, Springbank Way, Cheltenham, GL51GL51 0LH18 Addresses|99 m away
- GL51 0PY, Watermoor Close, Cheltenham, GL51GL51 0PY9 Addresses|100 m away
Property Types
- 1 modern house built after 1980
- 5 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 3 other addresses of unknown type
- modern house (1)
- mid-century house (5)
- house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (2)
- No EPC (4)
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 School600 m away
- St Thomas More Catholic Primary School1.1 km away
- All Saints' Academy, Cheltenham600 m away
- Pate's Grammar School700 m away
- Cheltenham Bournside School and Sixth Form Centre3.2 km away
More reading links
Public Transport Nearby
The closest station to GL51 0PL is Cheltenham Spa station, which is 2.2 kilometres away.
- Cheltenham Spa|2.2 km away
- Ashchurch for Tewkesbury|9.6 km away
- Gloucester|9.8 km away
- Stroud (Gloucs)|20.0 km away