Princess Elizabeth Way - GL51 7RA
Key Postcode Insights
GL51 7RA is a residential postcode situated on Princess Elizabeth Way, Cheltenham, GL51 with 1 addresses.
It ranks as the 25th largest and 322nd 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 1 properties: 1 house.
- Ave. Sale Price
- £217,516
- 10 Year change
- up 38.4%
- Ave. Rental Price
- £1,121pcm
- 10 Year change
- up 65.9%
- Ave. £ per ft²
- £230/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
GL51 7RA is a residential postcode situated on Princess Elizabeth Way, Cheltenham, GL51 with 1 addresses.
It ranks as the 25th largest and 322nd 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 1 properties: 1 house.
- Ave. Sale Price
- £217,516
- 10 Year change
- up 38.4%
- Ave. Rental Price
- £1,121pcm
- 10 Year change
- up 65.9%
- Ave. £ per ft²
- £230/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Sales Market Trends
The last sale in GL51 7RA sold for £147,500 on 23rd July 2015. Since then prices are up an average of 45.3%.
The current average value in the postcode is £217,516.
The GL51 7RA Sales Market has increased by 38.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.2% | £217,516 |
| June 2025 | 1.2% | £215,029 |
| June 2024 | -1.4% | £212,520 |
| June 2023 | 2.6% | £215,618 |
| June 2022 | 11.7% | £210,256 |
| June 2021 | 6.2% | £188,229 |
| June 2020 | 1.2% | £177,314 |
| June 2019 | 0.7% | £175,194 |
| June 2018 | 4.4% | £173,977 |
| June 2017 | 6% | £166,592 |
| June 2016 | 5.3% | £157,142 |
| June 2015 | 6.7% | £149,205 |
| June 2014 | 7.7% | £139,830 |
| June 2013 | 1.1% | £129,796 |
| June 2012 | 1.3% | £128,331 |
| June 2011 | -1.6% | £126,680 |
| June 2010 | 9.8% | £128,707 |
| June 2009 | -12.1% | £117,201 |
| June 2008 | -4.3% | £133,289 |
| June 2007 | 0% | £139,337 |
Rental Market Trends
The current average rental value in the postcode is £1,121.
The GL51 7RA Rental Market has increased by 65.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £1,121pcm |
| June 2025 | 7.5% | £1,070pcm |
| June 2024 | 7.6% | £996pcm |
| June 2023 | 10.4% | £925pcm |
| June 2022 | 9.1% | £838pcm |
| June 2021 | 6% | £768pcm |
| June 2020 | 1.5% | £725pcm |
| June 2019 | 0.4% | £715pcm |
| June 2018 | 2.3% | £712pcm |
| June 2017 | 3% | £696pcm |
| June 2016 | 3.2% | £675pcm |
| June 2015 | 4.4% | £654pcm |
| June 2014 | 3.8% | £627pcm |
| June 2013 | -0.1% | £604pcm |
| June 2012 | 1.2% | £605pcm |
| June 2011 | 2.5% | £597pcm |
| June 2010 | 4.8% | £583pcm |
| June 2009 | -9% | £556pcm |
| June 2008 | 1.1% | £611pcm |
| June 2007 | 0% | £604pcm |
Sales History
The last sale was on 23rd July 2015 for £147,500 and since then the market in the area has increased by 45.3%. The postcode has had a total of 2 sales since 1995.
GL51 7RA has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
GL51 7RA is the 25th largest and the 322nd most expensive postcode out of the 1,488 postcodes in the GL51 area.
- GL51 7PL, Princess Elizabeth Way, Cheltenham, GL51GL51 7PL6 Addresses|58 m away
- GL51 7LA, Orchard Way, Cheltenham, GL51GL51 7LA6 Addresses|71 m away
- GL51 7LB, Orchard Way, Cheltenham, GL51GL51 7LB11 Addresses|73 m away
- GL51 0AZ, Kingsmead Avenue, Cheltenham, GL51GL51 0AZ19 Addresses|88 m away
- GL51 0BL, Tanners Lane, Cheltenham, GL51GL51 0BL11 Addresses|98 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- mid-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- 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 School200 m away
- Rowanfield Infant School600 m away
- Rowanfield Junior School700 m away
- All Saints' Academy, Cheltenham500 m away
- Pate's Grammar School600 m away
- Cheltenham Bournside School and Sixth Form Centre2.6 km away
More reading links
Public Transport Nearby
The closest station to GL51 7RA is Cheltenham Spa station, which is 1.5 kilometres away.
- Cheltenham Spa|1.5 km away
- Ashchurch for Tewkesbury|9.9 km away
- Gloucester|10.2 km away
- Stroud (Gloucs)|19.9 km away