Housing Market Analysis for MONTPELLIER DRIVE, GL50 1TY

Are you looking to understand GL50 1TY 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 1TY area, explore the GL50 1TY Area information page.
For comprehensive crime statistics in the GL50 1TY area, explore the GL50 1TY Crime Rates page.

Overview of Sold House prices

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

  • Flat
    • The average price is around £905,039 median price is £1,200,000 Standard Deviation is £456,666 with Total Sold: 3
    • The Last 5 Year average price is £1,227,558 with Total Sold: 2
    • The most recent sale happened at this postcode is APARTMENT 3 THE PENTHOUSES, MONTPELLIER HOUSE MONTPELLIER DRIVE: £1,200,000 (Sold on 27 Jul 2022)
    • The first recorded sale happened at this postcode is UNIT G.3, MONTPELLIER HOUSE MONTPELLIER DRIVE: £260,000 (Sold on 22 Jan 2016)
  • Other
    • The average price is around £563,357 median price is £462,000 Standard Deviation is £223,174 with Total Sold: 11
    • The Last 5 Year average price is £604,325 with Total Sold: 9
    • The most recent sale happened at this postcode is UNIT 2.2, MONTPELLIER HOUSE MONTPELLIER DRIVE: £462,000 (Sold on 16 Dec 2019)
    • The first recorded sale happened at this postcode is UNIT 3.1, MONTPELLIER HOUSE MONTPELLIER DRIVE: £894,946 (Sold on 07 Sep 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average GL50 1TY 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,227,5582
2016£260,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£418,5002
2017£415,0001
2015£343,0001
2023£657,4187

All the Sales in the MONTPELLIER DRIVE, GL50 1TY

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

AddressSold DatePrice% Change
APARTMENT 3 THE PENTHOUSES, MONTPELLIER HOUSE MONTPELLIER DRIVEFlat, Leasehold27 Jul 2022£1,200,000First Sale
APARTMENT 1 THE PENTHOUSES, MONTPELLIER HOUSE MONTPELLIER DRIVEFlat, Leasehold26 May 2022£1,255,117First Sale
UNIT 2.2, MONTPELLIER HOUSE MONTPELLIER DRIVEOther, Leasehold16 Dec 2019£462,00011.33%
31 Mar 2017£415,000-24.23%
07 Sep 2023£547,719First Sale
UNIT 1.2, MONTPELLIER HOUSE MONTPELLIER DRIVEOther, Leasehold12 Jul 2019£375,000-31.53%
07 Sep 2023£547,718First Sale
UNIT G.3, MONTPELLIER HOUSE MONTPELLIER DRIVEFlat, Leasehold22 Jan 2016£260,000-33.82%
07 Sep 2023£392,864First Sale
UNIT 1.1, MONTPELLIER HOUSE MONTPELLIER DRIVEOther, Leasehold25 Nov 2015£343,000-50.81%
07 Sep 2023£697,256First Sale
UNIT 3.1, MONTPELLIER HOUSE MONTPELLIER DRIVEOther, Leasehold07 Sep 2023£1,073,93520.00%
07 Sep 2023£894,946First Sale
UNIT 2.1, MONTPELLIER HOUSE MONTPELLIER DRIVEOther, Leasehold07 Sep 2023£447,488First Sale

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

MONTPELLIER DRIVE, GL50 1TY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the GL50 1TY 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 1TY postcode.

  • Flat
    • The average price is around £204,929 median price is £163,000 Standard Deviation is £160,507 with Total Sold: 3,134
    • The Last 5 Year average price is £342,031 with Total Sold: 479
    • The most recent sale happened at this postcode is FLAT 1, 85 MONTPELLIER GARDENS: £323,000 (Sold on 17 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 5, PLAYHOUSE COURT BATH ROAD: £39,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £335,373 median price is £266,450 Standard Deviation is £286,650 with Total Sold: 1,443
    • The Last 5 Year average price is £610,043 with Total Sold: 204
    • The most recent sale happened at this postcode is 6, CLARE COURT CLARE STREET: £400,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 BELMORE PLACE: £51,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £1,776,453 median price is £547,719 Standard Deviation is £7,182,160 with Total Sold: 195
    • The Last 5 Year average price is £1,764,412 with Total Sold: 105
    • The most recent sale happened at this postcode is , 04-Jun BATH ROAD: £324,000 (Sold on 09 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)
  • Semi-Detached
    • The average price is around £362,126 median price is £250,000 Standard Deviation is £289,696 with Total Sold: 424
    • The Last 5 Year average price is £741,557 with Total Sold: 61
    • The most recent sale happened at this postcode is , 6 MONTPELLIER VILLAS: £1,000,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 12A MONTPELLIER GROVE: £174,000 (Sold on 27 Feb 1995)
  • Detached
    • The average price is around £414,464 median price is £350,250 Standard Deviation is £298,817 with Total Sold: 186
    • The Last 5 Year average price is £763,512 with Total Sold: 24
    • The most recent sale happened at this postcode is , 3 GREENWAY PARK: £800,000 (Sold on 30 Nov 2023)
    • The first recorded sale happened at this postcode is , 16 MONTPELLIER PARADE: £115,000 (Sold on 06 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£330,134 £4,250 28
2023£346,127 £4,370 67
2022£358,162 £4,554 89
2021£323,630 £4,032 132
2020£322,288 £4,258 70
2019£368,203 £4,376 93
2018£290,432 £3,741 85
2017£275,227 £3,420 117
2016£252,981 £3,518 119
2015£223,930 £3,169 120
2014£243,530 £3,066 121
2013£228,436 £2,732 90
2012£234,726 £2,820 79
2011£168,367 £2,511 62
2010£220,125 £2,730 69
2009£216,859 £2,698 49
2008£202,834 £2,788 94
2007£220,756 £2,932 104
2006£200,064 £2,731 138
2005£200,014 £2,803 103
2004£191,725 £2,721 137
2003£179,007 £2,537 135
2002£150,838 £2,010 143
2001£172,343 £1,842 170
2000£135,934 £1,634 141
1999£95,828 £1,304 140
1998£97,526 £1,294 128
1997£90,132 £1,152 121
1996£68,636 £944 102
1995£59,291 £963 88
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£801,333 £4,105 15
2023£509,630 £4,928 27
2022£758,873 £4,891 34
2021£644,224 £4,235 56
2020£545,330 £4,137 30
2019£486,441 £4,226 42
2018£369,930 £3,878 49
2017£490,099 £3,741 49
2016£432,080 £3,592 66
2015£457,415 £3,428 55
2014£375,356 £3,577 46
2013£408,691 £2,823 54
2012£363,344 £2,899 44
2011£359,453 £2,919 33
2010£390,408 £2,790 49
2009£320,464 £2,785 38
2008£313,034 £2,356 29
2007£334,479 £3,187 54
2006£341,743 £2,644 69
2005£365,160 £2,524 46
2004£258,485 £2,442 57
2003£258,929 £2,254 62
2002£246,849 £2,005 60
2001£212,144 £1,664 49
2000£173,597 £1,584 62
1999£146,075 £1,130 56
1998£124,219 £1,127 50
1997£116,966 £859 58
1996£95,626 £708 46
1995£92,026 £749 58
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,649,2436
2023£938,832 £4,135 24
2022£864,432 £5,289 28
2021£682,559 £2,634 19
2020£10,122,10710
2019£802,334 £4,167 18
2018£1,844,89121
2017£618,061 £2,512 29
2016£1,901,911 £5,815 19
2015£842,76615
2014£13,068,8214
2013£1,712,794 £33,811 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£595,000 £4,192 5
2023£814,500 £5,309 6
2022£708,125 £4,986 8
2021£860,694 £4,946 18
2020£647,000 £3,904 10
2019£696,107 £4,231 14
2018£561,750 £4,298 10
2017£651,390 £4,115 9
2016£506,545 £3,877 10
2015£521,167 £3,637 6
2014£574,885 £4,315 13
2013£486,727 £3,295 11
2012£458,142 £2,560 9
2011£407,936 £2,867 10
2010£463,692 £3,127 13
2009£261,208 £2,560 12
2008£424,154 £3,745 13
2007£443,840 £3,424 15
2006£283,835 £2,461 20
2005£306,192 £2,737 13
2004£309,643 £2,336 14
2003£247,747 £2,459 18
2002£335,000 £2,148 17
2001£232,763 £1,772 19
2000£200,910 £1,408 21
1999£128,923 £1,307 24
1998£137,025 £1,130 24
1997£142,591 £1,189 22
1996£89,106 £909 25
1995£115,617 £1,091 15
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£793,714 £5,271 7
2022£1,213,333 £5,567 3
2021£669,963 £6,453 6
2020£709,375 £5,922 4
2019£567,750 £4,428 4
2018£503,333 £3,930 3
2017£532,000 £5,837 5
2016£627,278 £2,922 4
2015£532,500 £4,811 4
2014£579,931 £3,450 8
2013£427,750 £4,317 4
2012£412,250 £2,586 2
2011£303,333 £3,652 3
2010£402,800 £2,661 5
2009£438,756 £2,740 7
2008£444,700 £1,475 5
2007£410,094 £3,140 16
2006£398,042 £2,531 12
2005£444,364 £3,265 11
2004£272,375 £2,313 12
2003£386,067 £2,311 15
2002£194,640 £1,986 10
2001£278,650 £2,152 13
2000£268,812 £1,907 4
1999£177,430 £1,879 7
1998£80,0001
1997£135,400 £776 5
1996£112,500 £893 1
1995£104,4005

House Type in GL50 1TY area

The most common house types in the GL50 1TY postcode area are Flat (60), Shared house (43), and converted building (14).

Total137
Flat60
Shared house43
converted building14
Terraced7
Semi-detached6
Detached5
commercial building1
temporary structure1

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (71), and Owned: Owns outright (33).

Private rented: Private landlord or letting agency71
Owned: Owns outright33
Owned: Owns with a mortgage or loan25
Private rented: Other private rented6
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the GL50 1TY have 1 person in household (87), and 2 people in household (43).

1 person in household87
2 people in household43
3 people in household4
4 people in household4
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0