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Montpellier market report GL50 4, Cheltenham
The GL50 4 (Montpellier) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 5,052 sales recorded by HM Land Registry in GL50 4 (Cheltenham) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: a typical GL50 4 (Cheltenham) home changed hands for £287,000 in 2026 (median of 46 registered sales, up 16% on five years earlier), with the mean at £309,900, and by floor area homes here have averaged about £3,760 per square metre over the last five years. Source: 5,052 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
A postcode sector like GL50 4 is a single group of streets within GL50 (Cheltenham), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where GL50 4 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
Today's GL50 4 prices, from the sold record
The GL50 4 median stands at £287,000 for 2026, built from 46 registered sales; the mean, the figure usually quoted as the "average house price", is £309,900, a little above it, the familiar pattern where pricier homes stretch the average.
GL50 4 prices by floor area
The last five years of sales put GL50 4 at roughly £3,760 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
The national median for England and Wales is £285,000, which puts GL50 4 1% above the country at large.
The price of a typical GL50 4 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £287,000 | £287,000 | 46 |
| 2025 | £271,500 | £277,992 | 160 |
| 2024 | £280,000 | £297,698 | 116 |
| 2023 | £280,000 | £307,652 | 121 |
| 2022 | £270,000 | £316,606 | 134 |
| 2021 | £247,000 | £312,734 | 188 |
| 2020 | £230,000 | £298,430 | 101 |
| 2019 | £213,000 | £279,192 | 129 |
| 2018 | £227,000 | £302,595 | 131 |
| 2017 | £207,000 | £282,327 | 133 |
| 2016 | £192,000 | £268,610 | 155 |
| 2015 | £205,500 | £290,372 | 181 |
| 2014 | £177,200 | £251,389 | 184 |
| 2013 | £180,000 | £259,002 | 151 |
| 2012 | £167,000 | £245,803 | 100 |
| 2011 | £155,000 | £233,990 | 100 |
| 2010 | £173,500 | £272,093 | 128 |
| 2009 | £148,000 | £237,911 | 103 |
| 2008 | £168,500 | £276,207 | 89 |
| 2007 | £168,600 | £285,993 | 210 |
| 2006 | £157,000 | £272,532 | 212 |
| 2005 | £149,000 | £265,160 | 188 |
| 2004 | £140,000 | £254,267 | 261 |
| 2003 | £127,000 | £233,965 | 215 |
| 2002 | £107,500 | £202,260 | 211 |
| 2001 | £89,000 | £171,098 | 211 |
| 2000 | £80,000 | £157,000 | 198 |
| 1999 | £68,800 | £137,115 | 226 |
| 1998 | £60,000 | £121,114 | 185 |
| 1997 | £54,500 | £111,769 | 199 |
| 1996 | £49,200 | £103,761 | 152 |
| 1995 | £50,200 | £109,127 | 134 |
In cash terms the typical GL50 4 home went from £50,200 in 1995 to £287,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 163%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 9% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the GL50 4 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+20.8% on the year before); the weakest, 2009 (−12.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What GL50 4 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +5.7% | +3.2% |
| 5 years (since 2021) | +3.0% | −1.7% |
| 10 years (since 2016) | +4.1% | +0.7% |
| 20 years (since 2006) | +3.1% | +0.3% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Transaction volumes
Sales per year, counted
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
GL50 4 recorded 46 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 213 sales a year before the financial crisis and 115 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
How GL50 4 trades
This is a thin market: 46 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict.
The rental side of GL50 4
For renting purposes GL50 4 sits in Cheltenham. The ONS average private rent there is £1,249 a month (May 2026). A one-bed averages £861 a month here and a four-or-more-bed £1,892, so size does most of the work in setting the rent.
Average monthly rent by size, Cheltenham
ONS Price Index of Private Rents, May 2026.
Set against the £287,000 median sold price, £1,249 a month is £14,988 a year, a gross yield of 5.2%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
What people ask about GL50 4 (Montpellier)
How much did a house sell for in GL50 4 (Montpellier)?
Are property prices falling in GL50 4 (Montpellier)?
Is GL50 4 (Montpellier) a good place to buy a house?
Will GL50 4 prices rise from here?
The record answers a different question than "what happens next": the median is up 16% over five years in cash but down 8% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
GL50's current homes for sale
The live side of the market holds 174 homes at the moment, listed by 11 agents publishing to HomesIndex.
These cover the whole GL50 district, not just GL50 4: live asking prices are collected per district.
19% of what is on the market here is asking below what comparable homes actually sold for. Every listing is measured against recent recorded sales of similar nearby homes.
- High Street, Cheltenham, Cheltenham
- Back Montpellier Terrace, Cheltenham, Cheltenham
- Malvern Road, Cheltenham, Gloucestershire
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every GL50 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
What another bedroom costs in GL
What homes of each size actually sold for across the GL area, from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £329,250 | £450,000 (+37%) | £685,000 (+52%) | £1,050,000 (+53%) |
| Semi-detached | £245,000 | £280,000 (+14%) | £330,000 (+18%) | £452,000 (+37%) | £727,500 (+61%) |
| Terraced | £215,000 | £250,000 (+16%) | £300,000 (+20%) | £435,000 (+45%) | £665,000 (+53%) |
| Flat | £148,725 | £206,000 (+39%) | £370,000 (+80%) | £547,500 (+48%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the GL area is the point: the same five years treated these districts very differently.
Five-year change in the median, GL area districts
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in GL50
A few minutes' walk can separate two very different markets. Here are GL50's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| GL50 1 | £281,200 | 10 |
| GL50 2 | £425,000 | 49 |
| GL50 3 | £225,000 | 45 |
Zoom out to the full GL50 district report for the type split, monthly volumes and how GL50 compares with its neighbours.
Selling in GL50 4? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at GL50 4's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim GL50 4.
Keep digging
Behind the answers sits the same Land Registry record as this page, with GL50 4 already set as the subject. Free, one click sign in.
See every individual GL50 4 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.