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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
GL51 7PJHouse Prices / South West, Cheltenham, Princess Elizabeth Way
Last updated May 2026
Key Postcode Insights
GL51 7PJ is a residential postcode situated on Princess Elizabeth Way, Cheltenham, GL51 with 26 addresses.
It ranks as the 1197th largest and 68th 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 26 properties: 2 houses and 24 flats.
26
Properties
- Houses
- Flats
Key Postcode Insights
GL51 7PJ is a residential postcode situated on Princess Elizabeth Way, Cheltenham, GL51 with 26 addresses.
It ranks as the 1197th largest and 68th 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 26 properties: 2 houses and 24 flats.
26
Properties
- Houses
- Flats
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House Pricesin GL51 7PJ
Sale prices range from £118,044 for 2 bedroom leasehold flats (570 ft2) to £279,343 for 4 bedroom freehold houses with a garden (1,119 ft2) .
Monthly rental prices range from £724 pcm for 2 bed flats to £1,429 pcm for 4 bed houses.
The gross rental yield is between 6.1% and 7.4%.
The average value per square foot is £190.
Average Sale Value
£137,980
Average Rental Value
£806 pcm
Average Rental Yield
7.0% /year
Average Value Per Sqft
£190 /ft2
Sales Market Trendsin GL51 7PJ
The last sale in GL51 7PJ sold for £110,000 on 12th April 2019. Since then prices are up an average of 33.5%.
The current average value in the postcode is £137,980.
The GL51 7PJ Sales Market has increased by 35.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.8% | £137,980 |
| April 2025 | 2% | £136,894 |
| April 2024 | -2.1% | £134,184 |
| April 2023 | 4.5% | £137,129 |
| April 2022 | 9% | £131,255 |
| April 2021 | 5.5% | £120,413 |
| April 2020 | 0.7% | £114,114 |
| April 2019 | 0.9% | £113,356 |
| April 2018 | 4.4% | £112,300 |
| April 2017 | 5.7% | £107,516 |
| April 2016 | 4.7% | £101,756 |
| April 2015 | 7.6% | £97,225 |
| April 2014 | 4.4% | £90,384 |
| April 2013 | 3.2% | £86,586 |
| April 2012 | 0.7% | £83,864 |
| April 2011 | -2.8% | £83,308 |
| April 2010 | 8.3% | £85,701 |
| April 2009 | -13.5% | £79,126 |
| April 2008 | -0.9% | £91,483 |
| April 2007 | 0% | £92,291 |
Rental Market Trendsin GL51 7PJ
The current average rental value in the postcode is £806.
The GL51 7PJ Rental Market has increased by 57.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £806pcm |
| April 2025 | 7.7% | £781pcm |
| April 2024 | 8.2% | £725pcm |
| April 2023 | 9.5% | £670pcm |
| April 2022 | 8% | £612pcm |
| April 2021 | 4.8% | £567pcm |
| April 2020 | 1.1% | £541pcm |
| April 2019 | 0.2% | £535pcm |
| April 2018 | 1.7% | £534pcm |
| April 2017 | 2.3% | £525pcm |
| April 2016 | 3.8% | £513pcm |
| April 2015 | 3% | £494pcm |
| April 2014 | 3.2% | £480pcm |
| April 2013 | 1% | £465pcm |
| April 2012 | 1.3% | £461pcm |
| April 2011 | 1.3% | £455pcm |
| April 2010 | 2.7% | £449pcm |
| April 2009 | -9.1% | £437pcm |
| April 2008 | 3% | £481pcm |
| April 2007 | 0% | £467pcm |
Properties and Buildingsin GL51 7PJ, Princess Elizabeth Way, Cheltenham, GL51
- Rhodesia House, Princess Elizabeth Way, Cheltenham, GL51 Mid-century building 24 units
- 2, Princess Elizabeth Way, Cheltenham, GL51 7PJ
- 3, Princess Elizabeth Way, Cheltenham, GL51 7PJ3 bed early-century house
Sales Historyin GL51 7PJ
The last sale was on 12th April 2019 for £110,000 and since then the market in the area has increased by 33.5%. 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 FlatRhodesia House, Princess Elizabeth Way21, Rhodesia House, Princess Elizabeth Way, Cheltenham, GL51 7PJ
Sold Jun 2008£110,000 | 2 Bed FlatRhodesia House, Princess Elizabeth Way21, Rhodesia House, Princess Elizabeth Way, Cheltenham, GL51 7PJ
Sold Jun 2008£85,000 | 2 Bed FlatRhodesia House, Princess Elizabeth Way21, Rhodesia House, Princess Elizabeth Way, Cheltenham, GL51 7PJ
Sold Feb 2006£121,500 | 3 Bed HousePrincess Elizabeth Way3, Princess Elizabeth Way, Cheltenham, GL51 7PJ
Sold Jul 2002£89,995 | 4 Bed HousePrincess Elizabeth Way2, Princess Elizabeth Way, Cheltenham, GL51 7PJ
Nearby Postcodesto GL51 7PJ
GL51 7PJ is the 1197th largest and the 68th most expensive postcode out of the 1,488 postcodes in the GL51 area.
- 45 mGL51 0FA, Hitchlands Drive, Cheltenham, GL51GL51 0FA4 Addresses
- 51 mGL51 7PH, Princess Elizabeth Way, Cheltenham, GL51GL51 7PH30 Addresses
- 72 mGL51 0AY, Dormer Road, Cheltenham, GL51GL51 0AY8 Addresses
- 80 mGL51 0AS, Kingsmead Avenue, Cheltenham, GL51GL51 0AS23 Addresses
- 87 mGL51 0AZ, Kingsmead Avenue, Cheltenham, GL51GL51 0AZ19 Addresses
- 88 mGL51 7JN, Lygon Walk, Cheltenham, GL51GL51 7JN12 Addresses
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Property Typesin GL51 7PJ
- 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 Efficiencyof properties in GL51 7PJ
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (14)
- G (0)
- D (2)
- No EPC (9)
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 7PJ
The nearest primary school to GL51 7PJ is Hesters Way Primary School which is 271 metres away.
- 271mHesters Way Primary School
- 566mRowanfield Infant School
- 667mRowanfield Junior School
The nearest secondary school is All Saints' Academy, Cheltenham which is 455 metres away.
- 455mAll Saints' Academy, Cheltenham
- 721mPate's Grammar School
- 2.6kmCheltenham Bournside School and Sixth Form Centre
More reading links
Public Transport Nearbyto GL51 7PJ
The closest station to GL51 7PJ is Cheltenham Spa station which is 1.5 kilometres away.
- 1.5kmCheltenham Spa
- 9.9kmAshchurch for Tewkesbury
- 10.3kmGloucester
- 19.9kmStroud (Gloucs)
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