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Registered Address: 2 Leman St, London E1 8FA
GL51 7PEHouse Prices / South West, Cheltenham, Princess Elizabeth Way
Last updated May 2026
Key Postcode Insights
GL51 7PE is a residential postcode situated on Princess Elizabeth Way, Cheltenham, GL51 with 7 addresses.
It ranks as the 406th largest and 438th most expensive of the 1,488 postcodes in the GL51 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 7 properties: 7 houses.
7
Properties
- Houses
Key Postcode Insights
GL51 7PE is a residential postcode situated on Princess Elizabeth Way, Cheltenham, GL51 with 7 addresses.
It ranks as the 406th largest and 438th most expensive of the 1,488 postcodes in the GL51 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 7 properties: 7 houses.
7
Properties
- Houses
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House Pricesin GL51 7PE
Sale prices range from £233,849 for 3 bedroom freehold houses with a garden (699 ft2) to £275,141 for 3 bedroom freehold houses with a garden (957 ft2) .
Monthly rental prices range from £1,262 pcm for 3 bed houses to £1,422 pcm for 3 bed houses.
The gross rental yield is between 6.2% and 6.5%.
The average value per square foot is £329.
Average Sale Value
£248,027
Average Rental Value
£1,318 pcm
Average Rental Yield
6.4% /year
Average Value Per Sqft
£329 /ft2
Sales Market Trendsin GL51 7PE
The last sale in GL51 7PE sold for £252,000 on 15th August 2025. Since then prices are up an average of 2.1%.
The current average value in the postcode is £248,027.
The GL51 7PE Sales Market has increased by 41.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.1% | £248,027 |
| April 2025 | 2.3% | £245,391 |
| April 2024 | -2.1% | £239,867 |
| April 2023 | 5% | £245,115 |
| April 2022 | 10.1% | £233,367 |
| April 2021 | 6% | £212,033 |
| April 2020 | 0.4% | £200,084 |
| April 2019 | 1.5% | £199,353 |
| April 2018 | 4.8% | £196,486 |
| April 2017 | 6.8% | £187,497 |
| April 2016 | 4.8% | £175,538 |
| April 2015 | 8.4% | £167,462 |
| April 2014 | 4.8% | £154,484 |
| April 2013 | 3.4% | £147,376 |
| April 2012 | 1.3% | £142,541 |
| April 2011 | -2.7% | £140,661 |
| April 2010 | 8.8% | £144,497 |
| April 2009 | -14% | £132,844 |
| April 2008 | -1.4% | £154,467 |
| April 2007 | 0% | £156,629 |
Rental Market Trendsin GL51 7PE
The current average rental value in the postcode is £1,318.
The GL51 7PE Rental Market has increased by 63.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £1,318pcm |
| April 2025 | 8% | £1,273pcm |
| April 2024 | 8.2% | £1,179pcm |
| April 2023 | 10.1% | £1,089pcm |
| April 2022 | 9% | £989pcm |
| April 2021 | 5.2% | £907pcm |
| April 2020 | 0.8% | £862pcm |
| April 2019 | 0.8% | £856pcm |
| April 2018 | 2% | £849pcm |
| April 2017 | 3.4% | £833pcm |
| April 2016 | 4% | £805pcm |
| April 2015 | 3.8% | £774pcm |
| April 2014 | 3.6% | £746pcm |
| April 2013 | 1.1% | £720pcm |
| April 2012 | 2% | £712pcm |
| April 2011 | 1.5% | £698pcm |
| April 2010 | 3.1% | £688pcm |
| April 2009 | -9.6% | £668pcm |
| April 2008 | 2.5% | £738pcm |
| April 2007 | 0% | £720pcm |
Explore Propertiesin GL51 7PE, Princess Elizabeth Way, Cheltenham, GL51
- 6, Princess Elizabeth Way, Cheltenham, GL51 7PE3 bed mid-century house
- 7, Princess Elizabeth Way, Cheltenham, GL51 7PE3 bed mid-century house
- 8, Princess Elizabeth Way, Cheltenham, GL51 7PE3 bed mid-century house
- 9, Princess Elizabeth Way, Cheltenham, GL51 7PE3 bed mid-century house
- 10, Princess Elizabeth Way, Cheltenham, GL51 7PE3 bed early-century house
- 11, Princess Elizabeth Way, Cheltenham, GL51 7PE3 bed mid-century house
- 12, Princess Elizabeth Way, Cheltenham, GL51 7PE3 bed mid-century house
Sales Historyin GL51 7PE
The last sale was on 15th August 2025 for £252,000 and since then the market in the area has increased by 2.1%. The postcode has had a total of 14 sales since 1995.
GL51 7PE has seen 3 sales in the last three years and 1 sale in the last twelve months.
Sold Aug 2025£252,000 | 3 Bed HousePrincess Elizabeth Way10, Princess Elizabeth Way, Cheltenham, GL51 7PE
Sold Jul 2024£245,000 | 3 Bed HousePrincess Elizabeth Way7, Princess Elizabeth Way, Cheltenham, GL51 7PE
Sold May 2024£235,855 | 3 Bed HousePrincess Elizabeth Way6, Princess Elizabeth Way, Cheltenham, GL51 7PE
Sold Sep 2022£198,000 | 3 Bed HousePrincess Elizabeth Way9, Princess Elizabeth Way, Cheltenham, GL51 7PE
Sold May 2018£145,000 | 3 Bed HousePrincess Elizabeth Way10, Princess Elizabeth Way, Cheltenham, GL51 7PE
Sold Dec 2013£150,000 | 3 Bed HousePrincess Elizabeth Way8, Princess Elizabeth Way, Cheltenham, GL51 7PE
Sold Sep 2007£147,000 | 3 Bed HousePrincess Elizabeth Way8, Princess Elizabeth Way, Cheltenham, GL51 7PE
Sold May 2007£135,000 | 3 Bed HousePrincess Elizabeth Way10, Princess Elizabeth Way, Cheltenham, GL51 7PE
Sold Nov 2003£111,500 | 3 Bed HousePrincess Elizabeth Way6, Princess Elizabeth Way, Cheltenham, GL51 7PE
Sold Nov 2002£45,600 | 3 Bed HousePrincess Elizabeth Way11, Princess Elizabeth Way, Cheltenham, GL51 7PE
Sold Aug 2000£66,000 | 3 Bed HousePrincess Elizabeth Way10, Princess Elizabeth Way, Cheltenham, GL51 7PE
Sold May 2000£71,500 | 3 Bed HousePrincess Elizabeth Way6, Princess Elizabeth Way, Cheltenham, GL51 7PE
Sold Dec 1998£49,950 | 3 Bed HousePrincess Elizabeth Way11, Princess Elizabeth Way, Cheltenham, GL51 7PE
Sold Jan 1995£37,500 | 3 Bed HousePrincess Elizabeth Way9, Princess Elizabeth Way, Cheltenham, GL51 7PE
Nearby Postcodesto GL51 7PE
GL51 7PE is the 406th largest and the 438th most expensive postcode out of the 1,488 postcodes in the GL51 area.
- 54 mGL51 7PA, Princess Elizabeth Way, Cheltenham, GL51GL51 7PA3 Addresses
- 64 mGL51 8LT, Arle Road, Cheltenham, GL51GL51 8LT16 Addresses
- 75 mGL51 7PG, Princess Elizabeth Way, Cheltenham, GL51GL51 7PG6 Addresses
- 79 mGL51 7JE, Grevil Road, Cheltenham, GL51GL51 7JE3 Addresses
- 87 mGL51 7JF, Grevil Road, Cheltenham, GL51GL51 7JF3 Addresses
- 88 mGL51 0AJ, Kingsmead Road, Cheltenham, GL51GL51 0AJ16 Addresses
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Property Typesin GL51 7PE
- 6 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- mid-century house (6)
- early-century house (1)
Energy Efficiencyof properties in GL51 7PE
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (1)
- C (3)
- G (0)
- D (3)
- No EPC (0)
Top 3 Most Expensive Saleson Princess Elizabeth Way
- Sold Dec 2024£287,500 | 3 Bed HousePrincess Elizabeth Way5, Princess Elizabeth Way, Cheltenham, GL51 7PF
- Sold Dec 2021£253,000 | 3 Bed HousePrincess Elizabeth Way5, Princess Elizabeth Way, Cheltenham, GL51 7PF
- Sold Aug 2025£252,000 | 3 Bed HousePrincess Elizabeth Way10, Princess Elizabeth Way, Cheltenham, GL51 7PE
Schools Nearbyto GL51 7PE
The nearest primary school to GL51 7PE is Hesters Way Primary School which is 540 metres away.
- 540mHesters Way Primary School
- 597mRowanfield Infant School
- 716mRowanfield Junior School
The nearest secondary school is All Saints' Academy, Cheltenham which is 535 metres away.
- 535mAll Saints' Academy, Cheltenham
- 1.0kmPate's Grammar School
- 2.7kmPittville School
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Public Transport Nearbyto GL51 7PE
The closest station to GL51 7PE is Cheltenham Spa station which is 1.6 kilometres away.
- 1.6kmCheltenham Spa
- 9.8kmAshchurch for Tewkesbury
- 10.6kmGloucester
- 20.2kmStroud (Gloucs)
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