GL51 8EG is a residential postcode situated on Alstone Lane, Cheltenham, GL51 with 5 addresses.
It ranks as the 261st largest and 282nd most expensive of the 1,488 postcodes in the GL51 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 5 properties: 5 houses.
GL51 8EG is a residential postcode situated on Alstone Lane, Cheltenham, GL51 with 5 addresses.
It ranks as the 261st largest and 282nd most expensive of the 1,488 postcodes in the GL51 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 5 properties: 5 houses.
Sale prices range from £205,810 for 3 bedroom freehold houses with a garden (785 ft2) to £215,518 for 3 bedroom freehold houses with a garden (893 ft2) .
Monthly rental prices range from £1,090 pcm for 3 bed houses to £1,126 pcm for 3 bed houses.
The gross rental yield is between 6.3% and 6.4%.
The average value per square foot is £257.
The last sale in GL51 8EG sold for £199,750 on 30th August 2024. Since then prices are up an average of 2.3%.
The current average value in the postcode is £208,647.
The GL51 8EG Sales Market has increased by 38.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.8% | £208,647 |
| April 2025 | 2.2% | £207,075 |
| April 2024 | -1.3% | £202,648 |
| April 2023 | 3.2% | £205,280 |
| April 2022 | 8.2% | £198,989 |
| April 2021 | 2.2% | £183,858 |
| April 2020 | 4.4% | £179,819 |
| April 2019 | -0.1% | £172,320 |
| April 2018 | 5.5% | £172,426 |
| April 2017 | 8.1% | £163,456 |
| April 2016 | 4.2% | £151,147 |
| April 2015 | 6.2% | £145,057 |
| April 2014 | 5.4% | £136,640 |
| April 2013 | 4.4% | £129,632 |
| April 2012 | 2% | £124,212 |
| April 2011 | -2.1% | £121,785 |
| April 2010 | 9.6% | £124,438 |
| April 2009 | -11.8% | £113,541 |
| April 2008 | -1.3% | £128,753 |
| April 2007 | 0% | £130,409 |
The current average rental value in the postcode is £1,104.
The GL51 8EG Rental Market has increased by 60.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,104pcm |
| April 2025 | 7.3% | £1,069pcm |
| April 2024 | 8.5% | £996pcm |
| April 2023 | 10.4% | £918pcm |
| April 2022 | 7.1% | £832pcm |
| April 2021 | 5.7% | £776pcm |
| April 2020 | 0.7% | £734pcm |
| April 2019 | 1% | £729pcm |
| April 2018 | 2% | £722pcm |
| April 2017 | 3% | £707pcm |
| April 2016 | 4.8% | £687pcm |
| April 2015 | 4.4% | £656pcm |
| April 2014 | 3.2% | £628pcm |
| April 2013 | 2.5% | £609pcm |
| April 2012 | 1.2% | £594pcm |
| April 2011 | 1.2% | £587pcm |
| April 2010 | 3.8% | £580pcm |
| April 2009 | -8.7% | £558pcm |
| April 2008 | 4.1% | £611pcm |
| April 2007 | 0% | £587pcm |
The last sale was on 30th August 2024 for £199,750 and since then the market in the area has increased by 2.3%. The postcode has had a total of 1 sales since 1995.
GL51 8EG has seen 1 sale in the last three years and no sales in the last twelve months.
GL51 8EG is the 261st largest and the 282nd most expensive postcode out of the 1,488 postcodes in the GL51 area.
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The closest station to GL51 8EG is Cheltenham Spa station which is 700 metres away.
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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 8EG, 60.0% of property is socially rented and 21.7% is privately owned with a mortgage.
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 8EG, 22.0% of residents are recorded as possessing school level qualifications and 28.2% 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 8EG, the average age was 39 and the most common age was 27.
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 8EG, 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 8EG, 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.