Housing Market Analysis for PROMENADE, GL50 1LR

Are you looking to understand GL50 1LR house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Cheltenham postcode.

For the location information and nearby amenities in the GL50 1LR area, explore the GL50 1LR Area information page.
For comprehensive crime statistics in the GL50 1LR area, explore the GL50 1LR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the GL50 1LR postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £1,565,000 median price is £1,565,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £1,565,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 22 PROMENADE: £1,565,000 (Sold on 04 Mar 2019)
    • The first recorded sale happened at this postcode is 22 PROMENADE: £1,565,000 (Sold on 04 Mar 2019)
  • Flat
    • The average price is around £201,600 median price is £201,600 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 3, 24 PROMENADE: £201,600 (Sold on 03 Jun 2011)
    • The first recorded sale happened at this postcode is FLAT 3, 24 PROMENADE: £201,600 (Sold on 03 Jun 2011)
  • Detached
    • The average price is around £210,000 median price is £210,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 20 PROMENADE: £210,000 (Sold on 18 Nov 2002)
    • The first recorded sale happened at this postcode is 20 PROMENADE: £210,000 (Sold on 18 Nov 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average GL50 1LR house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£1,565,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£201,600 £2,836 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£210,0001

All the Sales in the PROMENADE, GL50 1LR

See the table below for more details on the sold house prices in the GL50 1LR, Cheltenham postcode.

AddressSold DatePrice% Change
22 PROMENADETerraced, Freehold04 Mar 2019£1,565,000First Sale
FLAT 3, 24 PROMENADEFlat, LeaseholdArea: 71.08 Sq.mtrAge: before 190003 Jun 2011£201,600First Sale
20 PROMENADEDetached, Freehold18 Nov 2002£210,000First Sale

Check out the sold house prices near the GL50 1LR postcode. Properties currently for saleProperties currently for rent

PROMENADE, GL50 1LR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the GL50 1LR postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the GL50 1LR postcode.

  • Terraced
    • The average price is around £229,515 median price is £180,000 Standard Deviation is £203,523 with Total Sold: 2,320
    • The Last 5 Year average price is £401,557 with Total Sold: 346
    • The most recent sale happened at this postcode is , 33 TOM PRICE CLOSE: £260,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 4 BELMORE PLACE: £51,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £153,692 median price is £135,000 Standard Deviation is £110,437 with Total Sold: 3,410
    • The Last 5 Year average price is £248,812 with Total Sold: 612
    • The most recent sale happened at this postcode is FLAT 1, 7 EVESHAM ROAD: £250,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 5, PLAYHOUSE COURT BATH ROAD: £39,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £213,967 median price is £168,500 Standard Deviation is £161,902 with Total Sold: 478
    • The Last 5 Year average price is £418,937 with Total Sold: 58
    • The most recent sale happened at this postcode is , 48 UNION STREET: £386,500 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is BASEMENT FLAT, 57 ST GEORGES ROAD: £55,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £1,627,028 median price is £375,000 Standard Deviation is £5,993,487 with Total Sold: 321
    • The Last 5 Year average price is £1,596,672 with Total Sold: 191
    • The most recent sale happened at this postcode is , 31 WINCHCOMBE STREET: £118,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is FIRST AND SECOND FLOOR SUITES, 103 PROMENADE: £125,588 (Sold on 23 Aug 2013)
  • Detached
    • The average price is around £340,615 median price is £285,500 Standard Deviation is £227,610 with Total Sold: 124
    • The Last 5 Year average price is £446,515 with Total Sold: 13
    • The most recent sale happened at this postcode is , THE LODGE, 25A PORTLAND SQUARE: £480,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 285 HIGH STREET: £228,250 (Sold on 03 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£322,909 £3,736 24
2023£413,569 £3,750 42
2022£441,302 £3,851 61
2021£395,162 £3,499 116
2020£397,156 £3,522 48
2019£399,950 £3,250 55
2018£315,963 £3,318 83
2017£335,059 £3,188 96
2016£315,810 £2,957 88
2015£315,540 £2,915 71
2014£236,102 £2,696 81
2013£288,715 £2,451 66
2012£258,604 £2,427 54
2011£267,483 £2,399 54
2010£265,119 £2,450 43
2009£202,488 £2,271 52
2008£199,264 £2,353 36
2007£227,212 £2,357 77
2006£252,279 £2,496 102
2005£227,693 £2,151 83
2004£210,388 £2,168 96
2003£199,123 £1,953 103
2002£162,769 £1,627 100
2001£154,509 £1,622 98
2000£133,605 £1,247 104
1999£111,253 £1,153 119
1998£88,827 £921 88
1997£82,271 £754 113
1996£64,255 £626 86
1995£64,624 £702 81
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£202,365 £3,326 33
2023£275,259 £3,684 77
2022£239,351 £3,950 123
2021£242,522 £3,708 176
2020£233,029 £3,618 87
2019£275,883 £3,957 116
2018£185,472 £3,200 132
2017£189,492 £3,113 131
2016£191,964 £3,234 153
2015£167,800 £2,681 135
2014£170,441 £2,624 128
2013£149,038 £2,362 74
2012£156,868 £2,442 68
2011£137,309 £2,338 64
2010£161,722 £2,471 76
2009£134,584 £2,358 56
2008£141,844 £2,611 72
2007£154,903 £2,979 182
2006£165,159 £2,745 213
2005£142,093 £2,669 94
2004£145,338 £2,424 176
2003£122,581 £2,143 144
2002£110,964 £1,974 146
2001£95,416 £1,721 147
2000£80,289 £1,469 142
1999£73,433 £1,265 218
1998£46,551 £914 78
1997£44,572 £776 73
1996£38,274 £830 45
1995£38,152 £738 51
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£453,150 £3,712 10
2023£351,885 £3,292 13
2022£397,276 £4,053 10
2021£416,582 £3,765 13
2020£457,571 £3,825 7
2019£520,200 £4,302 5
2018£268,533 £3,587 15
2017£277,977 £3,275 11
2016£289,125 £2,807 8
2015£351,014 £2,880 17
2014£313,346 £2,717 13
2013£182,000 £2,417 4
2012£323,421 £2,310 7
2011£232,150 £2,441 10
2010£285,416 £3,770 6
2009£244,429 £2,198 14
2008£273,125 £2,776 12
2007£256,648 £2,873 28
2006£206,843 £2,441 30
2005£206,406 £2,330 17
2004£210,770 £1,868 22
2003£168,008 £1,833 20
2002£151,818 £1,594 25
2001£137,579 £1,455 19
2000£136,044 £1,261 23
1999£98,409 £1,059 37
1998£102,630 £902 31
1997£76,181 £875 18
1996£59,062 £693 16
1995£72,822 £901 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£791,517 £6,481 21
2023£834,536 £3,897 35
2022£1,056,295 £9,185 44
2021£1,444,272 £7,541 32
2020£4,602,909 £11,088 24
2019£1,599,147 £3,069 35
2018£1,632,688 £2,384 28
2017£1,151,833 £2,442 47
2016£2,277,544 £8,358 17
2015£1,025,217 £1,292 23
2014£3,931,181 £3,749 14
2013£125,5881
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£459,9833
2023£366,000 £3,760 3
2022£418,375 £4,233 2
2021£612,500 £4,760 2
2020£735,000 £3,828 1
2019£265,000 £1,395 2
2018£176,000 £2,378 1
2017£437,750 £3,100 6
2016£347,204 £2,633 3
2015£190,000 £2,593 2
2014£347,833 £4,171 3
2013£210,000 £2,319 2
2012£465,250 £4,256 4
2011£235,000 £1,758 3
2010£363,000 £2,118 5
2009£399,250 £2,881 4
2008£619,0003
2007£454,333 £1,543 6
2006£471,583 £2,235 6
2005£381,667 £2,450 9
2004£290,833 £1,987 9
2003£412,083 £1,917 6
2002£222,833 £2,555 9
2001£267,992 £1,444 6
2000£186,250 £1,856 6
1999£360,105 £2,043 8
1998£107,333 £797 3
1997£68,225 £675 2
1996£145,000 £517 3
1995£161,6252

House Type in GL50 1LR area

The most common house types in the GL50 1LR postcode area are Flat (93), Shared house (46), and Terraced (29).

Total217
Flat93
Shared house46
Terraced29
converted building21
Semi-detached16
commercial building8
Detached4
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (95), and Owned: Owns outright (69).

Private rented: Private landlord or letting agency95
Owned: Owns outright69
Owned: Owns with a mortgage or loan33
Social rented: Other social rented6
Private rented: Other private rented6
Social rented: Rents from council or Local Authority3
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the GL50 1LR have 1 person in household (104), and 2 people in household (88).

1 person in household104
2 people in household88
3 people in household9
4 people in household6
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0