Housing Market Analysis for NEW STREET, GL50 3LP

Are you looking to understand GL50 3LP 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 3LP area, explore the GL50 3LP Area information page.
For comprehensive crime statistics in the GL50 3LP area, explore the GL50 3LP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the GL50 3LP postcode area, The average prices are as follows,

Flat
- The average price is around £118,381 median price is £122,000 Standard Deviation is £39,587 with Total Sold: 27
- The Last 5 Year average price is £164,750 with Total Sold: 4
- The most recent sale happened at this postcode is FLAT 1, 16 NEW STREET: £177,500 (Sold on 31 Aug 2023)
- The first recorded sale happened at this postcode is FLAT 2, 16 NEW STREET: £42,500 (Sold on 10 Nov 1995)
Terraced
- The average price is around £147,507 median price is £154,000 Standard Deviation is £100,551 with Total Sold: 21
- The Last 5 Year average price is £260,900 with Total Sold: 5
- The most recent sale happened at this postcode is 18 NEW STREET: £275,000 (Sold on 15 Sep 2022)
- The first recorded sale happened at this postcode is 44 NEW STREET: £35,250 (Sold on 14 Mar 1995)
Semi-Detached
- The average price is around £160,725 median price is £160,725 Standard Deviation is £25,775 with Total Sold: 2
- The most recent sale happened at this postcode is 42 NEW STREET: £186,500 (Sold on 23 Mar 2007)
- The first recorded sale happened at this postcode is 42 NEW STREET: £134,950 (Sold on 10 Mar 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average GL50 3LP 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£177,500	£3,777	1
2021	£162,000	£2,940	2
2019	£157,500	£2,763	1
2018	£131,500	£2,989	1
2016	£165,000	£2,368	1
2014	£155,000	£2,471	2
2008	£114,800		1
2007	£128,500		1
2006	£130,000		2
2005	£119,995	£2,553	1
2004	£119,375	£2,901	8
2002	£94,000		1
2001	£75,000		1
2000	£60,000	£1,298	1
1998	£42,000		1
1996	£39,000		1
1995	£42,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£275,000	£4,044	1
2021	£462,500		1
2019	£189,000	£2,604	3
2017	£192,500	£2,885	2
2014	£195,000	£3,344	1
2010	£171,500	£1,715	1
2006	£179,225	£2,096	2
2005	£95,900	£1,281	2
2003	£123,000	£1,809	1
2000	£73,000	£1,205	1
1998	£68,150		1
1997	£48,000	£710	2
1996	£46,000		1
1995	£42,625		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£186,500	£3,198	1
2003	£134,950	£2,314	1

All the Sales in the NEW STREET, GL50 3LP

See the table below for more details on the sold house prices in the GL50 3LP, Cheltenham postcode.

Address	Sold Date	Price	% Change
FLAT 1, 16 NEW STREETFlat, LeaseholdArea: 47 Sq.mtrAge: 1991-1995	31 Aug 2023	£177,500	47.92%
	08 Jul 2005	£119,995	59.99%
	18 May 2001	£75,000	78.57%
	06 Feb 1998	£42,000	First Sale
18 NEW STREETTerraced, FreeholdArea: 68 Sq.mtrAge: before 1900	15 Sep 2022	£275,000	18.53%
	02 Dec 2019	£232,000	3.11%
	22 Sep 2017	£225,000	82.93%
	09 Jul 2003	£123,000	First Sale
8 - 10 NEW STREETTerraced, Freehold	16 Jul 2021	£462,500	772.64%
8 - 10 NEW STREETTerraced, Freehold	31 Oct 1997	£53,000	First Sale
FLAT B, 6 NEW STREETFlat, LeaseholdArea: 68 Sq.mtrAge: 2003-2006	30 Apr 2021	£185,000	5.71%
	05 Sep 2014	£175,000	20.69%
	31 Aug 2006	£145,000	First Sale
FLAT F, 6 NEW STREETFlat, LeaseholdArea: 44 Sq.mtrAge: 2003-2006	01 Apr 2021	£139,000	5.70%
	04 Apr 2018	£131,500	14.35%
	20 Jan 2006	£115,000	First Sale
FLAT E, 6 NEW STREETFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	21 Nov 2019	£157,500	First Sale
30 NEW STREETTerraced, FreeholdArea: 74 Sq.mtrAge: before 1900	22 Mar 2019	£150,000	First Sale
32 NEW STREETTerraced, FreeholdArea: 78 Sq.mtrAge: before 1900	11 Jan 2019	£185,000	13.15%
	11 Jul 2006	£163,500	First Sale
12 NEW STREETTerraced, FreeholdArea: 64.99 Sq.mtrAge: 1930-1949	27 Jun 2017	£160,000	First Sale
FLAT A, 6 NEW STREETFlat, LeaseholdArea: 69.67 Sq.mtrAge: 1991-1995	18 Mar 2016	£165,000	43.73%
	28 Nov 2008	£114,800	First Sale
42 NEW STREETTerraced, FreeholdArea: 58.31 Sq.mtrAge: 1900-1929	07 Mar 2014	£195,000	4.56%
	23 Mar 2007	£186,500	38.20%
	10 Mar 2003	£134,950	First Sale
FLAT H, 6 NEW STREETFlat, LeaseholdArea: 57 Sq.mtrAge: 2003-2006	14 Feb 2014	£135,000	-11.48%
	07 Jun 2004	£152,500	First Sale
38 NEW STREETTerraced, FreeholdArea: 100 Sq.mtrAge: before 1900	01 Apr 2010	£171,500	11.36%
	10 Jun 2005	£154,000	First Sale
FLAT C, 6 NEW STREETFlat, Leasehold	01 May 2007	£128,500	5.33%
FLAT C, 6 NEW STREETFlat, Leasehold	07 Jun 2004	£122,000	First Sale
34 NEW STREETTerraced, Freehold	17 Nov 2006	£194,950	186.06%
	26 Jun 1998	£68,150	36.30%
	11 Aug 1995	£50,000	First Sale
FLAT G, 6 NEW STREETTerraced, FreeholdArea: 37 Sq.mtrAge: 2003-2006	24 Apr 2005	£37,800	-67.13%
	30 Jun 2004	£115,000	First Sale
FLAT 2, 16 NEW STREETFlat, Leasehold	25 Aug 2004	£125,000	32.98%
	26 Jul 2002	£94,000	56.67%
	30 Oct 2000	£60,000	53.85%
	10 Dec 1996	£39,000	-8.24%
	10 Nov 1995	£42,500	First Sale
2 NEW STREETFlat, LeaseholdArea: 40 Sq.mtrAge: 2003-2006	19 Aug 2004	£127,500	21.43%
2 NEW STREETFlat, LeaseholdArea: 40 Sq.mtrAge: 2003-2006	30 Apr 2004	£105,000	First Sale
FLAT D, 6 NEW STREETFlat, Leasehold	07 Jun 2004	£110,000	First Sale
4 NEW STREETFlat, LeaseholdArea: 36.5 Sq.mtrAge: 2003-2006	29 Apr 2004	£98,000	First Sale
28 NEW STREETTerraced, FreeholdArea: 60.6 Sq.mtr	07 Sep 2000	£73,000	69.77%
28 NEW STREETTerraced, FreeholdArea: 60.6 Sq.mtr	20 Nov 1997	£43,000	First Sale
44 NEW STREETTerraced, Freehold	26 Apr 1996	£46,000	30.50%
44 NEW STREETTerraced, Freehold	14 Mar 1995	£35,250	First Sale

Check out the sold house prices near the GL50 3LP postcode. Properties currently for saleProperties currently for rent

NEW STREET, GL50 3LP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the GL50 3LP 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 3LP postcode.

Semi-Detached
- The average price is around £194,467 median price is £159,748 Standard Deviation is £155,416 with Total Sold: 426
- The Last 5 Year average price is £348,705 with Total Sold: 55
- The most recent sale happened at this postcode is , 38 DUNALLEY PARADE: £282,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is BASEMENT FLAT, 57 ST GEORGES ROAD: £55,000 (Sold on 20 Jan 1995)
Terraced
- The average price is around £170,624 median price is £149,825 Standard Deviation is £146,874 with Total Sold: 2,880
- The Last 5 Year average price is £288,560 with Total Sold: 478
- The most recent sale happened at this postcode is , 44 VICTORIA STREET: £225,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 61 MARKET STREET: £43,500 (Sold on 11 Jan 1995)
Flat
- The average price is around £163,408 median price is £148,000 Standard Deviation is £111,874 with Total Sold: 2,764
- The Last 5 Year average price is £259,429 with Total Sold: 537
- The most recent sale happened at this postcode is FLAT 4, MARQUIS HOUSE, 61 BROOKBANK CLOSE: £195,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 3, 81 ST GEORGES ROAD: £54,200 (Sold on 03 Feb 1995)
Other
- The average price is around £1,571,157 median price is £390,000 Standard Deviation is £3,507,524 with Total Sold: 210
- The Last 5 Year average price is £1,444,458 with Total Sold: 119
- The most recent sale happened at this postcode is FLAT, 1 - 3A REGENT STREET: £2,700,000 (Sold on 24 Jun 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 £330,488 median price is £276,250 Standard Deviation is £228,102 with Total Sold: 120
- The Last 5 Year average price is £391,012 with Total Sold: 16
- The most recent sale happened at this postcode is , 16 STATION STREET: £499,950 (Sold on 31 May 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£313,000		4
2023	£382,467	£3,296	15
2022	£370,355	£4,093	12
2021	£388,357	£3,536	10
2020	£316,181	£3,325	8
2019	£222,083	£2,795	6
2018	£278,850	£3,289	10
2017	£333,200	£2,900	10
2016	£292,880	£2,709	10
2015	£206,932	£2,764	13
2014	£211,633	£2,464	9
2013	£165,500	£2,370	6
2012	£256,612	£2,486	4
2011	£210,951	£2,016	11
2010	£349,042	£2,570	6
2009	£203,550	£2,102	9
2008	£233,636	£2,864	11
2007	£225,003	£2,839	30
2006	£219,175	£2,179	28
2005	£193,945	£2,151	20
2004	£169,783	£1,885	21
2003	£210,241	£1,903	16
2002	£148,654	£1,494	25
2001	£151,133	£1,262	18
2000	£106,150	£1,052	17
1999	£75,893	£809	29
1998	£76,890	£715	29
1997	£76,226	£689	19
1996	£61,875	£711	8
1995	£72,800	£800	12

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£279,647	£3,491	39
2023	£315,831	£3,315	62
2022	£287,592	£3,426	103
2021	£317,948	£3,101	125
2020	£259,181	£2,908	65
2019	£252,758	£2,943	84
2018	£243,833	£2,931	86
2017	£242,777	£2,737	104
2016	£205,338	£2,679	113
2015	£197,497	£2,405	81
2014	£177,474	£2,295	115
2013	£184,375	£2,170	79
2012	£206,133	£2,294	61
2011	£194,637	£1,933	59
2010	£174,289	£2,238	54
2009	£170,574	£1,951	72
2008	£172,379	£2,122	47
2007	£181,505	£2,367	108
2006	£193,693	£2,227	134
2005	£164,776	£1,900	121
2004	£172,608	£2,031	139
2003	£150,004	£1,742	142
2002	£118,784	£1,355	117
2001	£104,106	£1,247	101
2000	£100,381	£1,046	121
1999	£66,150	£825	123
1998	£61,642	£734	121
1997	£57,812	£625	129
1996	£53,349	£586	92
1995	£47,131	£584	83

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£227,050	£3,346	34
2023	£263,651	£3,858	75
2022	£255,803	£4,020	112
2021	£262,212	£3,838	144
2020	£229,458	£3,537	75
2019	£290,741	£3,967	97
2018	£200,511	£3,205	96
2017	£205,386	£3,277	119
2016	£177,246	£3,000	122
2015	£175,150	£2,809	117
2014	£163,093	£2,724	117
2013	£139,210	£2,509	59
2012	£151,000	£2,553	41
2011	£139,685	£2,392	52
2010	£165,610	£2,651	41
2009	£143,512	£2,458	56
2008	£155,755	£2,800	68
2007	£160,613	£2,980	249
2006	£164,608	£2,914	195
2005	£153,063	£2,786	104
2004	£142,146	£2,467	147
2003	£126,918	£2,203	110
2002	£96,794	£1,885	73
2001	£87,887	£1,456	81
2000	£84,427	£1,455	94
1999	£71,092	£1,185	110
1998	£48,182	£954	55
1997	£41,834	£828	52
1996	£41,553	£705	37
1995	£37,583	£710	32

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£1,125,807	£6,481	8
2023	£776,012	£4,264	20
2022	£1,107,044	£3,985	30
2021	£2,053,330	£9,570	28
2020	£1,101,841	£13,471	14
2019	£2,170,179	£2,529	19
2018	£1,088,276	£3,034	21
2017	£1,983,321	£5,333	24
2016	£1,740,100	£2,164	10
2015	£1,251,242	£8,494	18
2014	£2,959,378	£3,370	16
2013	£162,794		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£499,950		1
2023	£431,000	£3,957	5
2022	£469,350	£4,146	5
2021	£326,250	£3,634	2
2020	£211,000	£3,977	2
2019	£180,000	£1,395	1
2017	£290,300	£2,468	5
2016	£330,500	£2,774	3
2015	£300,000	£4,549	2
2014	£150,500	£3,229	2
2013	£236,125	£2,350	4
2012	£452,375	£4,324	4
2011	£266,667	£2,049	3
2010	£511,700	£2,359	5
2009	£343,500		2
2008	£343,500		2
2007	£459,550	£2,219	9
2006	£425,500	£1,893	5
2005	£318,550	£4,435	4
2004	£303,250	£2,271	8
2003	£359,300	£615	5
2002	£228,062	£1,341	8
2001	£341,312	£1,929	8
2000	£346,417	£2,720	6
1999	£344,164	£968	7
1998	£154,379	£852	5
1997	£119,475	£684	2
1996	£145,000	£517	3
1995	£161,625		2

House Type in GL50 3LP area

The most common house types in the GL50 3LP postcode area are Flat (82), Shared house (39), and Terraced (34).

Total	178
Flat	82
Shared house	39
Terraced	34
Semi-detached	7
commercial building	7
converted building	6
Detached	3
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (103), and Social rented: Rents from council or Local Authority (25).

Private rented: Private landlord or letting agency	103
Social rented: Rents from council or Local Authority	25
Owned: Owns with a mortgage or loan	22
Social rented: Other social rented	10
Owned: Owns outright	9
Private rented: Other private rented	8
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the GL50 3LP have 1 person in household (97), and 2 people in household (60).

1 person in household	97
2 people in household	60
3 people in household	13
4 people in household	5
5 people in household	2
7 people in household	2
8 or more people in household	1
0 people in household	0
6 people in household	0