GL51 7TY is a residential postcode situated on Monkscroft, Cheltenham, GL51 with 20 addresses.
It ranks as the 1042nd largest and 11th 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 20 properties: 20 flats.
GL51 7TY is a residential postcode situated on Monkscroft, Cheltenham, GL51 with 20 addresses.
It ranks as the 1042nd largest and 11th 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 20 properties: 20 flats.
Sale prices range from £83,812 for 1 bedroom leasehold flats (333 ft2) to £108,187 for 2 bedroom leasehold flats (559 ft2) .
Monthly rental prices range from £526 pcm for 1 bed flats to £666 pcm for 2 bed flats.
The gross rental yield is between 7.4% and 7.6%.
The average value per square foot is £227.
The last sale in GL51 7TY sold for £65,000 on 15th March 2011. Since then prices are up an average of 44.6%.
The current average value in the postcode is £94,846.
The GL51 7TY Sales Market has increased by 25.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.5% | £94,846 |
| April 2025 | 1.7% | £94,333 |
| April 2024 | -2.8% | £92,744 |
| April 2023 | 3.8% | £95,373 |
| April 2022 | 7.9% | £91,915 |
| April 2021 | 6.1% | £85,165 |
| April 2020 | -0.8% | £80,245 |
| April 2019 | 0.4% | £80,919 |
| April 2018 | 3.3% | £80,633 |
| April 2017 | 2.9% | £78,020 |
| April 2016 | 4.1% | £75,792 |
| April 2015 | 7% | £72,789 |
| April 2014 | 3% | £67,998 |
| April 2013 | 1.8% | £66,044 |
| April 2012 | -0.7% | £64,875 |
| April 2011 | -3.8% | £65,359 |
| April 2010 | 6.6% | £67,916 |
| April 2009 | -14.1% | £63,729 |
| April 2008 | -0.4% | £74,152 |
| April 2007 | 0% | £74,418 |
The current average rental value in the postcode is £594.
The GL51 7TY Rental Market has increased by 44.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £594pcm |
| April 2025 | 7.7% | £577pcm |
| April 2024 | 7.9% | £535pcm |
| April 2023 | 7.8% | £496pcm |
| April 2022 | 7% | £460pcm |
| April 2021 | 3.5% | £430pcm |
| April 2020 | 1.2% | £415pcm |
| April 2019 | -1% | £410pcm |
| April 2018 | 0.8% | £415pcm |
| April 2017 | 0.3% | £411pcm |
| April 2016 | 2.8% | £410pcm |
| April 2015 | 1.4% | £399pcm |
| April 2014 | 2.1% | £393pcm |
| April 2013 | -0.6% | £385pcm |
| April 2012 | 0.6% | £388pcm |
| April 2011 | 0.6% | £385pcm |
| April 2010 | 1.2% | £383pcm |
| April 2009 | -9% | £379pcm |
| April 2008 | 2.8% | £416pcm |
| April 2007 | 0% | £405pcm |
The last sale was on 15th March 2011 for £65,000 and since then the market in the area has increased by 44.6%. The postcode has had a total of 3 sales since 1995.
GL51 7TY has seen no sales in the last three years and no sales in the last twelve months.
GL51 7TY is the 1042nd largest and the 11th most expensive postcode out of the 1,488 postcodes in the GL51 area.
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The closest station to GL51 7TY is Cheltenham Spa station which is 1.2 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around GL51 7TY, 75.5% of property is socially rented and 11.8% is privately rented.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around GL51 7TY, 14.9% of residents are recorded as possessing school level qualifications and 19.0% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around GL51 7TY, the average age was 35.9 and the most common age was 32.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around GL51 7TY, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around GL51 7TY, there are an average of 0.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.