Housing Market Analysis for PARK PLACE, GL50 2RA

Are you looking to understand GL50 2RA 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 2RA area, explore the GL50 2RA Area information page.
For comprehensive crime statistics in the GL50 2RA area, explore the GL50 2RA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the GL50 2RA postcode area, The average prices are as follows,

  • Flat
    • The average price is around £112,852 median price is £65,000 Standard Deviation is £174,861 with Total Sold: 81
    • The Last 5 Year average price is £122,700 with Total Sold: 10
    • The most recent sale happened at this postcode is FLAT 30, MERCIAN COURT, 46 PARK PLACE: £118,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is FLAT 18, MERCIAN COURT, 46 PARK PLACE: £63,000 (Sold on 06 Aug 2024)
  • Other
    • The average price is around £49,782 median price is £49,782 Standard Deviation is £6,894 with Total Sold: 2
    • The most recent sale happened at this postcode is MERCIAN COURT, 46 PARK PLACE: £56,675 (Sold on 13 Apr 2017)
    • The first recorded sale happened at this postcode is FLAT 10, MERCIAN COURT, 46 PARK PLACE: £42,888 (Sold on 31 Oct 2014)
  • Detached
    • The average price is around £611,000 median price is £795,000 Standard Deviation is £297,849 with Total Sold: 5
    • The Last 5 Year average price is £795,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE ELDON APARTMENT, 50 PARK PLACE: £875,000 (Sold on 23 Jun 2010)
    • The first recorded sale happened at this postcode is FLAT 2, HEYSHAM HOUSE, 52 PARK PLACE: £795,000 (Sold on 06 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average GL50 2RA 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
2024£90,500 £2,226 2
2022£95,000 £1,976 2
2021£173,750 £2,452 4
2020£80,000 £1,778 1
2019£81,000 £2,025 1
2017£79,000 £1,529 2
2016£130,000 £2,000 1
2015£256,000 £2,002 5
2014£69,488 £1,606 4
2013£44,500 £1,307 2
2012£492,667 £2,903 3
2011£310,000 £2,261 1
2010£85,000 £1,384 1
2009£73,332 £1,449 3
2008£39,000 £867 1
2007£135,112 £1,972 4
2006£72,000 £1,356 4
2005£125,417 £1,568 3
2004£196,875 £1,865 4
2003£247,167 £1,751 3
2002£42,000 £1,000 1
2001£40,286 £1,063 7
2000£39,140 £938 5
1999£33,940 £789 5
1998£27,700 £625 5
1997£79,500 £797 2
1996£22,875 £521 4
1995£35,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£56,6751
2014£42,888 £1,072 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£875,0001
2009£860,0001
2004£395,000 £2,548 1
1997£130,000 £1,074 1
2024£795,0001

All the Sales in the PARK PLACE, GL50 2RA

See the table below for more details on the sold house prices in the GL50 2RA, Cheltenham postcode.

AddressSold DatePrice% Change
FLAT 30, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 53 Sq.mtrAge: 1983-199029 Feb 2024£118,00024.21%
29 Aug 2014£95,000First Sale
FLAT 26, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 52 Sq.mtrAge: before 190015 Jul 2022£125,00042.86%
15 May 2007£87,500108.33%
15 Nov 1999£42,000First Sale
FLAT 5, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 42 Sq.mtrAge: 1900-192922 Apr 2022£65,00054.76%
12 Apr 2002£42,00040.23%
24 Sep 1999£29,950First Sale
FLAT 32, MERCIAN COURT, 46 PARK PLACEFlat, Leasehold29 Nov 2021£125,00052.44%
30 Oct 2015£82,000First Sale
FLAT 25, MERCIAN COURT, 46 PARK PLACEFlat, Leasehold27 Sep 2021£120,000185.71%
17 Jul 1998£42,000First Sale
FLAT 1, HEYSHAM HOUSE, 52 PARK PLACEFlat, LeaseholdArea: 155 Sq.mtrAge: before 190028 Jun 2021£380,000-3.80%
16 Dec 2004£395,000First Sale
FLAT 9, MERCIAN COURT, 46 PARK PLACEFlat, Leasehold13 May 2021£70,000First Sale
FLAT 4, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 45 Sq.mtrAge: before 190030 Jun 2020£80,000105.13%
31 Jan 2008£39,000122.86%
12 Feb 1998£17,500First Sale
FLAT 10, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 40 Sq.mtrAge: before 190005 Apr 2019£81,00088.86%
31 Oct 2014£42,888First Sale
MERCIAN COURT, 46 PARK PLACEOther, Leasehold13 Apr 2017£56,675First Sale
FLAT 34, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 51 Sq.mtrAge: 1983-199021 Mar 2017£85,000-13.22%
14 Jun 2007£97,95013.24%
25 Jul 2003£86,500First Sale
FLAT 23, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 52.47 Sq.mtrAge: 1976-198217 Mar 2017£73,00012.31%
30 Sep 2009£65,000First Sale
FLAT 29, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 65 Sq.mtrAge: 1983-199011 Mar 2016£130,00027.45%
12 May 2006£102,000First Sale
FLAT 33, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 50 Sq.mtrAge: 1983-199019 Oct 2015£88,00010.01%
01 Dec 2009£79,995113.32%
25 Jun 1999£37,500First Sale
FLAT 12A, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 31.71 Sq.mtrAge: 1976-198226 Aug 2015£80,0002.56%
08 Jun 2012£78,000358.82%
22 Nov 1996£17,000First Sale
APARTMENT 1, PARK HOUSE WEST, 50 PARK PLACEFlat, Leasehold03 Aug 2015£975,00065.25%
21 Nov 2003£590,000First Sale
FLAT 6, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 31.899 Sq.mtrAge: before 190030 Jan 2015£55,000-7.56%
27 Sep 2004£59,500138.00%
01 May 1998£25,000First Sale
FLAT 3, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 31.54 Sq.mtrAge: before 190031 Oct 2014£54,500First Sale
FLAT 20, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 34.28 Sq.mtrAge: before 190030 May 2014£38,500First Sale
FLAT 27, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 50.5 Sq.mtrAge: 1976-198207 Mar 2014£89,950153.38%
16 Jan 1998£35,500First Sale
FLAT 19, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 36 Sq.mtrAge: before 190017 Sep 2013£48,000-17.95%
18 Aug 2006£58,500-10.00%
11 Aug 2003£65,000First Sale
FLAT 11, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 32 Sq.mtrAge: before 190023 Jul 2013£41,00019.71%
31 Aug 2001£34,250First Sale
THE ELDON APARTMENT, 50 PARK PLACEFlat, Leasehold31 Aug 2012£995,00013.71%
23 Jun 2010£875,0001.74%
14 Oct 2009£860,00043.33%
12 Mar 2004£600,000First Sale
FLAT 3, HEYSHAM HOUSE, 52 PARK PLACEFlat, LeaseholdArea: 121 Sq.mtrAge: before 190016 Aug 2012£405,00044.64%
10 Apr 2007£280,000115.38%
17 Oct 1997£130,000First Sale
FLAT 4, HEYSHAM HOUSE, 52 PARK PLACEFlat, LeaseholdArea: 137.08 Sq.mtrAge: before 190004 Nov 2011£310,00044.19%
29 Apr 2005£215,00066.67%
17 Oct 1997£129,000First Sale
FLAT 22, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 61.42 Sq.mtrAge: 1930-194917 Dec 2010£85,00017.24%
22 Dec 2006£72,50061.11%
30 Jun 2000£45,000181.25%
12 Dec 1996£16,000First Sale
FLAT 36, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 49.7 Sq.mtrAge: 1983-199003 Jul 2009£75,00076.47%
22 May 1996£42,500First Sale
FLAT 15, MERCIAN COURT, 46 PARK PLACEFlat, Leasehold06 Dec 2007£75,00019.05%
11 Jun 2004£63,000119.13%
15 Jun 2001£28,750First Sale
FLAT 24, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 52.43 Sq.mtrAge: 1976-198220 Nov 2006£55,000First Sale
FLAT 14, MERCIAN COURT, 46 PARK PLACEFlat, Leasehold05 Apr 2005£70,0007.69%
02 Mar 2004£65,00058.54%
13 Jul 2001£41,000First Sale
FLAT 31, MERCIAN COURT, 46 PARK PLACEFlat, Leasehold18 Mar 2005£91,250108.57%
18 Aug 2000£43,75025.00%
18 Aug 1995£35,000First Sale
FLAT 1, MERCIAN COURT, 46 PARK PLACEFlat, Leasehold07 Dec 2001£46,000148.65%
09 Jan 1998£18,500First Sale
FLAT 12, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 35 Sq.mtrAge: before 190031 Oct 2001£41,00036.89%
19 May 2000£29,950First Sale
FLAT 35, MERCIAN COURT, 46 PARK PLACEFlat, Leasehold20 Sep 2001£55,000First Sale
FLAT 18, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 38 Sq.mtrAge: 1950-196603 Jan 2001£36,000-42.86%
06 Aug 2024£63,000First Sale
FLAT 2, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 31 Sq.mtrAge: 1900-192920 Apr 2000£38,000First Sale
FLAT 28, MERCIAN COURT, 46 PARK PLACEFlat, Leasehold11 Feb 2000£39,000First Sale
FLAT 7, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 36 Sq.mtrAge: before 190012 Nov 1999£39,75093.90%
18 Jun 1999£20,500First Sale
FLAT 37, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 46 Sq.mtrAge: 1967-197512 Dec 1997£30,000First Sale
FLAT 17, MERCIAN COURT, 46 PARK PLACEFlat, LeaseholdArea: 37 Sq.mtrAge: before 190018 Oct 1996£16,000First Sale
FLAT 2, HEYSHAM HOUSE, 52 PARK PLACEDetached, Freehold06 Aug 2024£795,000First Sale

Check out the sold house prices near the GL50 2RA postcode. Properties currently for saleProperties currently for rent

PARK PLACE, GL50 2RA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the GL50 2RA 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 2RA postcode.

  • Flat
    • The average price is around £184,158 median price is £155,000 Standard Deviation is £136,799 with Total Sold: 2,738
    • The Last 5 Year average price is £285,628 with Total Sold: 439
    • The most recent sale happened at this postcode is , 33 PEGASUS COURT: £317,600 (Sold on 17 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 3, 2 ST STEPHENS ROAD: £39,950 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £273,958 median price is £240,000 Standard Deviation is £191,225 with Total Sold: 2,372
    • The Last 5 Year average price is £466,481 with Total Sold: 355
    • The most recent sale happened at this postcode is , 32 PEGASUS COURT: £295,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 ST PHILLIPS STREET: £60,000 (Sold on 05 Jan 1995)
  • Semi-Detached
    • The average price is around £338,984 median price is £250,000 Standard Deviation is £286,357 with Total Sold: 817
    • The Last 5 Year average price is £635,882 with Total Sold: 110
    • The most recent sale happened at this postcode is , 28 EWLYN ROAD: £635,000 (Sold on 14 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 CROFT STREET: £68,500 (Sold on 10 Jan 1995)
  • Detached
    • The average price is around £555,319 median price is £400,000 Standard Deviation is £465,998 with Total Sold: 390
    • The Last 5 Year average price is £992,374 with Total Sold: 67
    • The most recent sale happened at this postcode is FLAT 2, HEYSHAM HOUSE, 52 PARK PLACE: £795,000 (Sold on 06 Aug 2024)
    • The first recorded sale happened at this postcode is , 41A TIVOLI ROAD: £160,000 (Sold on 05 May 1995)
  • Other
    • The average price is around £625,001 median price is £421,250 Standard Deviation is £681,591 with Total Sold: 82
    • The Last 5 Year average price is £638,091 with Total Sold: 53
    • The most recent sale happened at this postcode is FLAT 6, 48 ST STEPHENS ROAD: £330,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , ACCLAIM STUDIOS LTD LANSDOWN ROAD: £4,200,000 (Sold on 01 Aug 2014)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£333,407 £3,971 34
2023£271,676 £3,967 62
2022£285,215 £3,905 78
2021£293,050 £3,601 113
2020£216,696 £3,487 62
2019£315,714 £4,053 90
2018£295,990 £3,989 97
2017£272,481 £3,674 88
2016£253,808 £3,363 94
2015£209,493 £3,005 92
2014£204,504 £2,881 90
2013£227,594 £2,875 84
2012£218,183 £2,765 58
2011£209,687 £2,641 63
2010£196,450 £2,532 56
2009£168,410 £2,369 66
2008£186,180 £2,514 58
2007£207,284 £3,125 120
2006£183,342 £2,581 120
2005£183,805 £2,679 118
2004£179,688 £2,636 162
2003£160,713 £2,615 123
2002£148,374 £1,916 107
2001£110,544 £1,662 120
2000£89,311 £1,645 92
1999£76,449 £1,182 118
1998£74,922 £1,174 117
1997£58,911 £870 101
1996£54,153 £813 83
1995£51,121 £810 72
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£587,820 £4,642 25
2023£489,033 £5,195 48
2022£494,193 £5,247 60
2021£466,370 £4,622 97
2020£401,817 £4,406 63
2019£439,160 £4,241 62
2018£415,036 £4,257 69
2017£389,373 £4,214 83
2016£373,898 £3,956 82
2015£369,886 £3,762 76
2014£372,464 £3,569 88
2013£322,795 £3,176 91
2012£300,249 £2,993 77
2011£276,543 £2,941 62
2010£310,413 £2,824 64
2009£264,716 £2,782 51
2008£274,222 £2,825 53
2007£289,026 £3,182 100
2006£272,008 £2,820 108
2005£264,934 £2,585 86
2004£227,386 £2,495 97
2003£214,058 £2,348 88
2002£214,723 £2,049 120
2001£167,192 £1,560 80
2000£138,276 £1,430 93
1999£119,438 £1,201 98
1998£90,705 £1,117 85
1997£92,889 £876 103
1996£69,648 £734 96
1995£68,019 £733 67
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£679,550 £6,410 6
2023£627,469 £5,687 16
2022£761,195 £4,986 15
2021£707,210 £5,116 31
2020£504,662 £4,012 20
2019£563,432 £4,371 22
2018£679,639 £4,145 18
2017£619,575 £4,165 17
2016£494,848 £3,734 21
2015£482,213 £3,751 15
2014£466,858 £3,497 18
2013£468,008 £3,202 26
2012£360,597 £2,942 15
2011£395,489 £3,086 21
2010£406,874 £3,056 23
2009£316,598 £2,783 24
2008£362,436 £3,188 25
2007£389,941 £3,019 44
2006£357,718 £2,891 45
2005£298,098 £2,553 30
2004£334,713 £2,508 42
2003£258,393 £2,714 40
2002£229,349 £1,981 37
2001£183,425 £1,589 42
2000£142,723 £1,441 26
1999£131,746 £1,218 46
1998£112,158 £998 36
1997£107,189 £821 35
1996£100,237 £682 30
1995£95,469 £854 31
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£856,6673
2023£961,125 £5,172 8
2022£1,276,154 £7,200 13
2021£788,530 £6,030 19
2020£779,445 £4,533 11
2019£1,237,238 £4,836 13
2018£888,923 £4,742 13
2017£932,384 £5,504 12
2016£751,250 £4,219 8
2015£585,650 £4,606 10
2014£735,466 £4,138 16
2013£800,600 £3,938 10
2012£611,562 £3,464 11
2011£480,300 £3,174 5
2010£587,679 £3,169 14
2009£457,418 £2,943 16
2008£543,938 £2,624 13
2007£487,835 £3,042 20
2006£517,978 £2,691 23
2005£399,576 £2,708 19
2004£332,813 £2,422 23
2003£303,286 £2,165 14
2002£344,448 £2,219 20
2001£254,519 £1,717 17
2000£334,222 £1,600 8
1999£196,846 £1,166 13
1998£180,972 £1,152 9
1997£158,000 £1,061 13
1996£205,357 £916 7
1995£135,889 £739 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£758,5682
2023£536,938 £4,782 8
2022£690,333 £5,058 9
2021£859,159 £2,443 13
2020£324,222 £3,283 9
2019£642,177 £3,719 12
2018£424,571 £3,401 7
2017£390,985 £2,770 11
2016£688,875 £2,510 4
2015£632,000 £3,188 5
2014£2,121,444 £1,072 2

House Type in GL50 2RA area

The most common house types in the GL50 2RA postcode area are Flat (54), Shared house (27), and Semi-detached (20).

Total125
Flat54
Shared house27
Semi-detached20
Terraced11
converted building7
Detached6
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (74), and Owned: Owns with a mortgage or loan (23).

Owned: Owns outright74
Owned: Owns with a mortgage or loan23
Private rented: Private landlord or letting agency20
Private rented: Other private rented4
Social rented: Other social rented3
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the GL50 2RA have 1 person in household (77), and 2 people in household (34).

1 person in household77
2 people in household34
3 people in household9
4 people in household7
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0