Key indicators for buyers
The GL50 market is moderately favourable for buyers. Affordability has improved from a peak of 10.5x in 2021 to 7.8x today. Rising rents (£1,229/mo, +2.0%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Cheltenham area
A home in Cheltenham costs 7.8x the local median salary — moderate, improving from a peak of 10.5x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Cheltenham area
Average monthly rent in Cheltenham is £1,229, up 2.0% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Cheltenham price of £395,000 with a 25% deposit (£99k), a 2-year fixed mortgage at 3.97% costs around £1,559 per month.
Monthly cost comparison based on current data
Uses GL50 avg. price with Cheltenham rental data
Monthly mortgage payments (£1,559) are £330 more than renting (£1,229). However, buying requires an upfront deposit of £99k — it would take around 14 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
FIRST FLOOR FLAT, 30, MONTPELLIER SPA ROAD GL50 1UL | Flat/Maisonette | £292,500 | 23 Jan 2026 |
FLAT 15, SOVEREIGN HOUSE, 41, BROOKBANK CLOSE GL50 3NN | Flat/Maisonette | £182,500 | 16 Jan 2026 |
4, LANSDOWN TERRACE LANE GL50 2JU | Terraced | £330,000 | 16 Jan 2026 |
4, VIBURNUM CLOSE GL50 2RL | Detached | £1,130,000 | 15 Jan 2026 |
64, WINDYRIDGE GARDENS GL50 4SY | Semi-detached | £290,000 | 15 Jan 2026 |
4, TIVOLI WALK GL50 2UX | Flat/Maisonette | £310,000 | 13 Jan 2026 |
122, WINDYRIDGE GARDENS GL50 4TA |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in GL50 sold for £395,000 in 2026, with a median of £301,250 across 12 transactions. Prices fell 0.2% compared to the previous year.
| Terraced |
| £275,500 |
| 12 Jan 2026 |
2, RYAN PLACE GL50 3FD | Terraced | £310,000 | 9 Jan 2026 |
APARTMENT 17, ST. JAMES SOUTH 1, JESSOP AVENUE GL50 3SP | Flat/Maisonette | £223,000 | 9 Jan 2026 |
17, MERESTONES CLOSE GL50 2ST | Detached | £645,000 | 9 Jan 2026 |
6, GRATTON ROAD GL50 2BS | Semi-detached | £465,000 | 8 Jan 2026 |
175, MANDARIN WAY GL50 4RT | Semi-detached | £286,500 | 7 Jan 2026 |
FLAT 5, 17, PRINCE REGENT AVENUE GL50 4GE | Flat/Maisonette | £155,500 | 22 Dec 2025 |
FLAT 6, REGENCY COURT, 59, BROOKBANK CLOSE GL50 3NS | Flat/Maisonette | £200,000 | 19 Dec 2025 |
139, BRUNSWICK STREET GL50 4HB | Terraced | £278,000 | 19 Dec 2025 |
FLAT 2, 19, LANSDOWN PLACE GL50 2HX | Flat/Maisonette | £230,000 | 19 Dec 2025 |
8, ALBERT STREET GL50 4HS | Terraced | £240,000 | 19 Dec 2025 |
3, TUDOR LODGE, 17, THE PARK GL50 2SL | Terraced | £610,000 | 19 Dec 2025 |
10, PAS SEUL STREET GL50 4GJ | Detached | £475,000 | 19 Dec 2025 |
8, CAMBRAY COURT GL50 1JU | Flat/Maisonette | £228,500 | 19 Dec 2025 |
The most recent recorded sale in GL50 was a flat/maisonette property on Montpellier Spa Road for £292,500 in January 2026. Across the last 20 sales, the median price was £290,000.