Princess Elizabeth Way - GL51 7PE
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 460th 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 7 properties: 7 houses.
- Ave. Sale Price
- £248,428
- 10 Year change
- up 38.4%
- Ave. Rental Price
- £1,313pcm
- 10 Year change
- up 65.9%
- Ave. £ per ft²
- £330/ft²
- Ave. Gross Yield
- 6.3%/year/yr
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 460th 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 7 properties: 7 houses.
- Ave. Sale Price
- £248,428
- 10 Year change
- up 38.4%
- Ave. Rental Price
- £1,313pcm
- 10 Year change
- up 65.9%
- Ave. £ per ft²
- £330/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin GL51 7PE
- 6 Princess Elizabeth Way
3 Bed Mid-century House
- 7 Princess Elizabeth Way
3 Bed Mid-century House
- 8 Princess Elizabeth Way
3 Bed Mid-century House
- 9 Princess Elizabeth Way
3 Bed Mid-century House
- 10 Princess Elizabeth Way
3 Bed Early-century House
Sales Market Trends
The last sale in GL51 7PE sold for £252,000 on 15th August 2025. Since then prices are up an average of 1.6%.
The current average value in the postcode is £248,428.
The GL51 7PE Sales Market has increased by 38.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £248,428 |
| June 2025 | 1.2% | £245,588 |
| June 2024 | -1.4% | £242,723 |
| June 2023 | 2.6% | £246,260 |
| June 2022 | 11.7% | £240,136 |
| June 2021 | 6.2% | £214,980 |
| June 2020 | 1.2% | £202,513 |
| June 2019 | 0.7% | £200,092 |
| June 2018 | 4.4% | £198,702 |
| June 2017 | 6% | £190,267 |
| June 2016 | 5.3% | £179,475 |
| June 2015 | 6.7% | £170,410 |
| June 2014 | 7.7% | £159,702 |
| June 2013 | 1.1% | £148,242 |
| June 2012 | 1.3% | £146,568 |
| June 2011 | -1.6% | £144,683 |
| June 2010 | 9.8% | £146,998 |
| June 2009 | -12.1% | £133,857 |
| June 2008 | -4.3% | £152,232 |
| June 2007 | 0% | £159,139 |
Rental Market Trends
The current average rental value in the postcode is £1,313.
The GL51 7PE Rental Market has increased by 65.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £1,313pcm |
| June 2025 | 7.5% | £1,254pcm |
| June 2024 | 7.6% | £1,167pcm |
| June 2023 | 10.4% | £1,084pcm |
| June 2022 | 9.1% | £982pcm |
| June 2021 | 6% | £900pcm |
| June 2020 | 1.5% | £850pcm |
| June 2019 | 0.4% | £837pcm |
| June 2018 | 2.3% | £834pcm |
| June 2017 | 3% | £815pcm |
| June 2016 | 3.2% | £791pcm |
| June 2015 | 4.4% | £766pcm |
| June 2014 | 3.8% | £734pcm |
| June 2013 | -0.1% | £707pcm |
| June 2012 | 1.2% | £708pcm |
| June 2011 | 2.5% | £700pcm |
| June 2010 | 4.8% | £683pcm |
| June 2009 | -9% | £652pcm |
| June 2008 | 1.1% | £716pcm |
| June 2007 | 0% | £708pcm |
Sales History
The last sale was on 15th August 2025 for £252,000 and since then the market in the area has increased by 1.6%. 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 House10, Princess Elizabeth Way, Cheltenham, GL51 7PE10, Princess Elizabeth Way, Cheltenham, GL51 7PE
- Sold Jul 2024£245,000 | 3 Bed House7, Princess Elizabeth Way, Cheltenham, GL51 7PE7, Princess Elizabeth Way, Cheltenham, GL51 7PE
- Sold May 2024£235,855 | 3 Bed House6, Princess Elizabeth Way, Cheltenham, GL51 7PE6, Princess Elizabeth Way, Cheltenham, GL51 7PE
- Sold Sep 2022£198,000 | 3 Bed House9, Princess Elizabeth Way, Cheltenham, GL51 7PE9, Princess Elizabeth Way, Cheltenham, GL51 7PE
- Sold May 2018£145,000 | 3 Bed House10, Princess Elizabeth Way, Cheltenham, GL51 7PE10, Princess Elizabeth Way, Cheltenham, GL51 7PE
Nearby Postcodes
GL51 7PE is the 406th largest and the 460th most expensive postcode out of the 1,488 postcodes in the GL51 area.
- GL51 7PA, Princess Elizabeth Way, Cheltenham, GL51GL51 7PA3 Addresses|54 m away
- GL51 8LT, Arle Road, Cheltenham, GL51GL51 8LT16 Addresses|64 m away
- GL51 7PG, Princess Elizabeth Way, Cheltenham, GL51GL51 7PG6 Addresses|75 m away
- GL51 7JE, Grevil Road, Cheltenham, GL51GL51 7JE3 Addresses|79 m away
- GL51 7JF, Grevil Road, Cheltenham, GL51GL51 7JF3 Addresses|87 m away
Property Types
- 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 Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (1)
- C (3)
- G (0)
- D (3)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Dec 2024£287,500 | 3 Bed House5, Princess Elizabeth Way, Cheltenham, GL51 7PF5, Princess Elizabeth Way, Cheltenham, GL51 7PF
- Sold Dec 2021£253,000 | 3 Bed House5, Princess Elizabeth Way, Cheltenham, GL51 7PF5, Princess Elizabeth Way, Cheltenham, GL51 7PF
- Sold Aug 2025£252,000 | 3 Bed House10, Princess Elizabeth Way, Cheltenham, GL51 7PE10, Princess Elizabeth Way, Cheltenham, GL51 7PE
Schools Nearby
- Hesters Way Primary School500 m away
- Rowanfield Infant School600 m away
- Rowanfield Junior School700 m away
- All Saints' Academy, Cheltenham500 m away
- Pate's Grammar School1.0 km away
- Pittville School2.7 km away
More reading links
Public Transport Nearby
The closest station to GL51 7PE is Cheltenham Spa station, which is 1.6 kilometres away.
- Cheltenham Spa|1.6 km away
- Ashchurch for Tewkesbury|9.8 km away
- Gloucester|10.6 km away
- Stroud (Gloucs)|20.2 km away
