Princess Elizabeth Way - GL51 7PJ
Key Postcode Insights
GL51 7PJ is a residential postcode situated on Princess Elizabeth Way, Cheltenham, GL51 with 26 addresses.
It ranks as the 1196th largest and 76th most expensive of the 1,488 postcodes in the GL51 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 26 properties: 3 houses and 23 flats.
- Ave. Sale Price
- £148,474
- 10 Year change
- up 33.7%
- Ave. Rental Price
- £855pcm
- 10 Year change
- up 60.3%
- Ave. £ per ft²
- £194/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
GL51 7PJ is a residential postcode situated on Princess Elizabeth Way, Cheltenham, GL51 with 26 addresses.
It ranks as the 1196th largest and 76th most expensive of the 1,488 postcodes in the GL51 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 26 properties: 3 houses and 23 flats.
- Ave. Sale Price
- £148,474
- 10 Year change
- up 33.7%
- Ave. Rental Price
- £855pcm
- 10 Year change
- up 60.3%
- Ave. £ per ft²
- £194/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin GL51 7PJ
- Rhodesia House
Mid-century Building | 24 Units
- 2 Princess Elizabeth Way
Unknown
- 3 Princess Elizabeth Way
3 Bed Early-century House
Sales Market Trends
The last sale in GL51 7PJ sold for £110,000 on 12th April 2019. Since then prices are up an average of 33.6%.
The current average value in the postcode is £148,474.
The GL51 7PJ Sales Market has increased by 33.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1% | £148,474 |
| June 2025 | 1% | £147,016 |
| June 2024 | -1.5% | £145,500 |
| June 2023 | 2% | £147,772 |
| June 2022 | 11.1% | £144,907 |
| June 2021 | 5.7% | £130,456 |
| June 2020 | 1.2% | £123,382 |
| June 2019 | 0.4% | £121,902 |
| June 2018 | 4.1% | £121,453 |
| June 2017 | 5.1% | £116,722 |
| June 2016 | 4.8% | £111,057 |
| June 2015 | 6.2% | £105,959 |
| June 2014 | 7% | £99,726 |
| June 2013 | 1.2% | £93,182 |
| June 2012 | 1% | £92,048 |
| June 2011 | -2.3% | £91,156 |
| June 2010 | 8.5% | £93,254 |
| June 2009 | -12.3% | £85,924 |
| June 2008 | -4.3% | £98,006 |
| June 2007 | 0% | £102,423 |
Rental Market Trends
The current average rental value in the postcode is £855.
The GL51 7PJ Rental Market has increased by 60.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £855pcm |
| June 2025 | 7.3% | £818pcm |
| June 2024 | 7.5% | £762pcm |
| June 2023 | 9.8% | £709pcm |
| June 2022 | 8.5% | £646pcm |
| June 2021 | 5.5% | £595pcm |
| June 2020 | 1.5% | £564pcm |
| June 2019 | 0.1% | £556pcm |
| June 2018 | 2% | £556pcm |
| June 2017 | 2.1% | £545pcm |
| June 2016 | 2.7% | £534pcm |
| June 2015 | 3.9% | £519pcm |
| June 2014 | 3.1% | £500pcm |
| June 2013 | 0% | £485pcm |
| June 2012 | 0.9% | £485pcm |
| June 2011 | 1.8% | £481pcm |
| June 2010 | 3.6% | £472pcm |
| June 2009 | -9.3% | £456pcm |
| June 2008 | 1.2% | £502pcm |
| June 2007 | 0% | £497pcm |
Sales History
The last sale was on 12th April 2019 for £110,000 and since then the market in the area has increased by 33.6%. The postcode has had a total of 5 sales since 1995.
GL51 7PJ has seen no sales in the last three years and no sales in the last twelve months.
- Sold Apr 2019£110,000 | 2 Bed Flat21, Rhodesia House, Princess Elizabeth Way, Cheltenham, GL51 7PJ21, Rhodesia House, Princess Elizabeth Way, Cheltenham, GL51 7PJ
- Sold Jun 2008£110,000 | 2 Bed Flat21, Rhodesia House, Princess Elizabeth Way, Cheltenham, GL51 7PJ21, Rhodesia House, Princess Elizabeth Way, Cheltenham, GL51 7PJ
- Sold Jun 2008£85,000 | 2 Bed Flat21, Rhodesia House, Princess Elizabeth Way, Cheltenham, GL51 7PJ21, Rhodesia House, Princess Elizabeth Way, Cheltenham, GL51 7PJ
- Sold Feb 2006£121,500 | 3 Bed House3, Princess Elizabeth Way, Cheltenham, GL51 7PJ3, Princess Elizabeth Way, Cheltenham, GL51 7PJ
- Sold Jul 2002£89,995 | 3 Bed House2, Princess Elizabeth Way, Cheltenham, GL51 7PJ2, Princess Elizabeth Way, Cheltenham, GL51 7PJ
Nearby Postcodes
GL51 7PJ is the 1196th largest and the 76th most expensive postcode out of the 1,488 postcodes in the GL51 area.
- GL51 0FA, Hitchlands Drive, Cheltenham, GL51GL51 0FA4 Addresses|45 m away
- GL51 7PH, Princess Elizabeth Way, Cheltenham, GL51GL51 7PH30 Addresses|51 m away
- GL51 0AY, Dormer Road, Cheltenham, GL51GL51 0AY8 Addresses|72 m away
- GL51 0AS, Kingsmead Avenue, Cheltenham, GL51GL51 0AS23 Addresses|80 m away
- GL51 0AZ, Kingsmead Avenue, Cheltenham, GL51GL51 0AZ19 Addresses|87 m away
Property Types
- 24 mid-century flats built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 1 other address of unknown type
- mid-century flat (24)
- early-century house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (2)
- F (0)
- C (16)
- G (0)
- D (2)
- No EPC (6)
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 School600 m away
- Rowanfield Junior School700 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 GL51 7PJ is Cheltenham Spa station, which is 1.5 kilometres away.
- Cheltenham Spa|1.5 km away
- Ashchurch for Tewkesbury|9.9 km away
- Gloucester|10.3 km away
- Stroud (Gloucs)|19.9 km away
