New Zealand House, Princess Elizabeth Way - GL51 7PH
Key Building Insights
New Zealand House, Princess Elizabeth Way is a residential building situated on Princess Elizabeth Way, Cheltenham, GL51 with 30 addresses.
It ranks as the 395th largest and 30th most expensive of the 416 buildings in the GL51 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 30 properties: 30 flats.
- Ave. Sale Price
- £112,170
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £680pcm
- 10 Year change
- up 46.0%
- Ave. £ per ft²
- £168/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Building Insights
New Zealand House, Princess Elizabeth Way is a residential building situated on Princess Elizabeth Way, Cheltenham, GL51 with 30 addresses.
It ranks as the 395th largest and 30th most expensive of the 416 buildings in the GL51 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 30 properties: 30 flats.
- Ave. Sale Price
- £112,170
- 10 Year change
- up 21.8%
- Ave. Rental Price
- £680pcm
- 10 Year change
- up 46.0%
- Ave. £ per ft²
- £168/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Propertieson Princess Elizabeth Way, Cheltenham, GL51
- Flat 1 New Zealand House
2 Bed Mid-century Flat
- Flat 2 New Zealand House
Unknown
- Flat 3 New Zealand House
2 Bed Mid-century Flat
- Flat 4 New Zealand House
2 Bed Mid-century Flat
- Flat 5 New Zealand House
2 Bed Mid-century Flat
Sales Market Trends
The last sale in New Zealand House, Princess Elizabeth Way sold for £95,000 on 27th June 2017. Since then prices are up an average of 18.1%.
The current average value in the building is £112,170.
The New Zealand House, Princess Elizabeth Way Sales Market has increased by 21.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £112,170 |
| June 2025 | 0.3% | £111,985 |
| June 2024 | -1.7% | £111,689 |
| June 2023 | 1.1% | £113,654 |
| June 2022 | 8.8% | £112,457 |
| June 2021 | 5.2% | £103,347 |
| June 2020 | 0.8% | £98,237 |
| June 2019 | -0.6% | £97,410 |
| June 2018 | 3.1% | £97,955 |
| June 2017 | 3.2% | £94,978 |
| June 2016 | 3.8% | £92,057 |
| June 2015 | 5.2% | £88,700 |
| June 2014 | 5.8% | £84,345 |
| June 2013 | 1.1% | £79,721 |
| June 2012 | 0.4% | £78,839 |
| June 2011 | -2.9% | £78,504 |
| June 2010 | 6.3% | £80,826 |
| June 2009 | -12.2% | £76,019 |
| June 2008 | -4.5% | £86,607 |
| June 2007 | 0% | £90,662 |
Rental Market Trends
The current average rental value in the building is £680.
The New Zealand House, Princess Elizabeth Way Rental Market has increased by 46.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £680pcm |
| June 2025 | 6.7% | £656pcm |
| June 2024 | 7.3% | £615pcm |
| June 2023 | 8.6% | £573pcm |
| June 2022 | 6.1% | £527pcm |
| June 2021 | 4.6% | £497pcm |
| June 2020 | 1.6% | £475pcm |
| June 2019 | -1% | £467pcm |
| June 2018 | 1% | £472pcm |
| June 2017 | 0.4% | £467pcm |
| June 2016 | 1.7% | £465pcm |
| June 2015 | 2.5% | £458pcm |
| June 2014 | 1.9% | £446pcm |
| June 2013 | -0.1% | £438pcm |
| June 2012 | 0.4% | £439pcm |
| June 2011 | 1.2% | £437pcm |
| June 2010 | 1.6% | £431pcm |
| June 2009 | -9.1% | £425pcm |
| June 2008 | 0.9% | £467pcm |
| June 2007 | 0% | £463pcm |
Sales History
The last sale was on 27th June 2017 for £95,000 and since then the market in the area has increased by 18.1%. The building has had a total of 5 sales since 1995.
New Zealand House, Princess Elizabeth Way, Cheltenham, 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 FlatFlat 10, New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 7PHFlat 10, New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 7PH
- Sold May 2016£95,000 | 2 Bed FlatFlat 19, New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 7PHFlat 19, New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 7PH
- Sold Mar 2009£70,000 | 2 Bed FlatFlat 19, New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 7PHFlat 19, New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 7PH
- Sold Oct 2006£85,000 | 2 Bed FlatFlat 9, New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 7PHFlat 9, New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 7PH
- Sold Sep 2003£25,000 | 2 Bed FlatFlat 9, New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 7PHFlat 9, New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 7PH
Property Types
- 28 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century flat (28)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 29 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (6)
- F (0)
- C (21)
- G (0)
- D (2)
- No EPC (1)
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 School300 m away
- Rowanfield Infant School500 m away
- Rowanfield Junior School600 m away
- All Saints' Academy, Cheltenham500 m away
- Pate's Grammar School700 m away
- Cheltenham Bournside School and Sixth Form Centre2.6 km away
More reading links
Public Transport Nearby
The closest station to New Zealand House, Princess Elizabeth Way, Cheltenham, GL51 7PH is Cheltenham Spa station, which is 1.5 kilometres away.
- Cheltenham Spa|1.5 km away
- Ashchurch for Tewkesbury|10.0 km away
- Gloucester|10.3 km away
- Stroud (Gloucs)|19.9 km away
