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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
GL51 7PHHouse Prices / South West, Cheltenham, Princess Elizabeth Way
Last updated May 2026
Key Postcode Insights
GL51 7PH is a residential postcode situated on Princess Elizabeth Way, Cheltenham, GL51 with 30 addresses.
It ranks as the 1272nd largest and 34th most expensive of the 1,488 postcodes in the GL51 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 30 properties: 30 flats.
30
Properties
- Flats
Key Postcode Insights
GL51 7PH is a residential postcode situated on Princess Elizabeth Way, Cheltenham, GL51 with 30 addresses.
It ranks as the 1272nd largest and 34th most expensive of the 1,488 postcodes in the GL51 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 30 properties: 30 flats.
30
Properties
- Flats
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House Pricesin GL51 7PH
Sale prices range from £99,602 for 2 bedroom leasehold flats (505 ft2) to £117,762 for 2 bedroom leasehold flats (731 ft2) .
Monthly rental prices range from £622 pcm for 2 bed flats to £690 pcm for 2 bed flats.
The gross rental yield is between 7.0% and 7.5%.
The average value per square foot is £169.
Average Sale Value
£112,490
Average Rental Value
£673 pcm
Average Rental Yield
7.2% /year
Average Value Per Sqft
£169 /ft2
Sales Market Trendsin GL51 7PH
The last sale in GL51 7PH sold for £95,000 on 27th June 2017. Since then prices are up an average of 18.7%.
The current average value in the postcode is £112,490.
The GL51 7PH Sales Market has increased by 23.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £112,490 |
| April 2025 | 1.5% | £111,998 |
| April 2024 | -2.1% | £110,370 |
| April 2023 | 3.1% | £112,783 |
| April 2022 | 7% | £109,440 |
| April 2021 | 4.5% | £102,234 |
| April 2020 | 0.6% | £97,818 |
| April 2019 | -0.4% | £97,267 |
| April 2018 | 3.5% | £97,615 |
| April 2017 | 3.7% | £94,275 |
| April 2016 | 4% | £90,953 |
| April 2015 | 6.2% | £87,471 |
| April 2014 | 3.2% | £82,340 |
| April 2013 | 1.8% | £79,773 |
| April 2012 | 0.1% | £78,396 |
| April 2011 | -3.3% | £78,356 |
| April 2010 | 6.5% | £81,044 |
| April 2009 | -13.3% | £76,128 |
| April 2008 | -1.2% | £87,838 |
| April 2007 | 0% | £88,930 |
Rental Market Trendsin GL51 7PH
The current average rental value in the postcode is £673.
The GL51 7PH Rental Market has increased by 43.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £673pcm |
| April 2025 | 7.1% | £654pcm |
| April 2024 | 8.2% | £610pcm |
| April 2023 | 8% | £564pcm |
| April 2022 | 6.1% | £522pcm |
| April 2021 | 3.8% | £492pcm |
| April 2020 | 0.9% | £474pcm |
| April 2019 | -1% | £470pcm |
| April 2018 | 0.8% | £474pcm |
| April 2017 | 0.3% | £471pcm |
| April 2016 | 3.2% | £469pcm |
| April 2015 | 1.8% | £455pcm |
| April 2014 | 2% | £447pcm |
| April 2013 | -0.5% | £438pcm |
| April 2012 | 0.7% | £441pcm |
| April 2011 | 0.7% | £437pcm |
| April 2010 | 0.9% | £434pcm |
| April 2009 | -8.9% | £430pcm |
| April 2008 | 2.7% | £472pcm |
| April 2007 | 0% | £460pcm |
Explore Buildingsin GL51 7PH, Princess Elizabeth Way, Cheltenham, GL51
- New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 Mid-century building 30 units
Sales Historyin GL51 7PH
The last sale was on 27th June 2017 for £95,000 and since then the market in the area has increased by 18.7%. The postcode has had a total of 5 sales since 1995.
GL51 7PH has seen no sales in the last three years and no sales in the last twelve months.
Sold Jun 2017£95,000 | 2 Bed FlatNew Zealand House, Princess Elizabeth WayFlat 10, New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 7PH
Sold May 2016£95,000 | 2 Bed FlatNew Zealand House, Princess Elizabeth WayFlat 19, New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 7PH
Sold Mar 2009£70,000 | 2 Bed FlatNew Zealand House, Princess Elizabeth WayFlat 19, New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 7PH
Sold Oct 2006£85,000 | 2 Bed FlatNew Zealand House, Princess Elizabeth WayFlat 9, New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 7PH
Sold Sep 2003£25,000 | 2 Bed FlatNew Zealand House, Princess Elizabeth WayFlat 9, New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 7PH
Nearby Postcodesto GL51 7PH
GL51 7PH is the 1272nd largest and the 34th most expensive postcode out of the 1,488 postcodes in the GL51 area.
- 40 mGL51 7JL, Pennsylvania Avenue, Cheltenham, GL51GL51 7JL16 Addresses
- 51 mGL51 7PJ, Princess Elizabeth Way, Cheltenham, GL51GL51 7PJ26 Addresses
- 64 mGL51 7PL, Princess Elizabeth Way, Cheltenham, GL51GL51 7PL6 Addresses
- 69 mGL51 7JN, Lygon Walk, Cheltenham, GL51GL51 7JN12 Addresses
- 75 mGL51 7JJ, Pennsylvania Avenue, Cheltenham, GL51GL51 7JJ12 Addresses
- 79 mGL51 7LA, Orchard Way, Cheltenham, GL51GL51 7LA6 Addresses
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Property Typesin GL51 7PH
- 30 mid-century flats built between 1936 and 1979
- mid-century flat (30)
Energy Efficiencyof properties in GL51 7PH
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (4)
- F (0)
- C (18)
- G (0)
- D (2)
- No EPC (6)
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 7PH
The nearest primary school to GL51 7PH is Hesters Way Primary School which is 302 metres away.
- 302mHesters Way Primary School
- 518mRowanfield Infant School
- 617mRowanfield Junior School
The nearest secondary school is All Saints' Academy, Cheltenham which is 504 metres away.
- 504mAll Saints' Academy, Cheltenham
- 717mPate's Grammar School
- 2.6kmCheltenham Bournside School and Sixth Form Centre
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Public Transport Nearbyto GL51 7PH
The closest station to GL51 7PH is Cheltenham Spa station which is 1.5 kilometres away.
- 1.5kmCheltenham Spa
- 10.0kmAshchurch for Tewkesbury
- 10.3kmGloucester
- 19.9kmStroud (Gloucs)