Local market reports › GL area › GL50
Montpellier market report GL50, Cheltenham
The GL50 (Montpellier) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 18,288 sales recorded by HM Land Registry in GL50 (Cheltenham) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the middle 2026 sale in GL50 (Cheltenham) came in at £287,000, out of 150 registered, up 0% on five years earlier, and the mean stands at £339,000, and by floor area homes here have averaged about £4,240 per square metre over the last five years. The record behind it is 18,288 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
GL50 is the postcode district covering Montpellier, Lansdown, St. Pauls in Cheltenham. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where GL50 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.
What GL50 homes really sell for
Take the 150 registered 2026 sales in GL50 and the middle price, the median, is £287,000. The mean lands at £339,000, a long way above it, which tells you a few very expensive sales are pulling the average up.
What a square metre costs in GL50
Per square metre, GL50 homes have averaged around £4,240 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
Set against the £285,000 England and Wales median, GL50 sits 1% above the national market.
The price of a typical GL50 home, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £287,000 | £287,000 | 150 |
| 2025 | £310,000 | £317,413 | 464 |
| 2024 | £307,000 | £326,404 | 437 |
| 2023 | £305,500 | £335,670 | 376 |
| 2022 | £310,000 | £363,510 | 540 |
| 2021 | £285,700 | £361,733 | 672 |
| 2020 | £268,500 | £348,384 | 375 |
| 2019 | £265,000 | £347,352 | 443 |
| 2018 | £265,000 | £353,250 | 511 |
| 2017 | £245,000 | £334,155 | 536 |
| 2016 | £230,000 | £321,772 | 592 |
| 2015 | £222,500 | £314,393 | 615 |
| 2014 | £210,000 | £297,922 | 652 |
| 2013 | £205,000 | £294,975 | 512 |
| 2012 | £213,200 | £313,804 | 406 |
| 2011 | £190,000 | £286,827 | 367 |
| 2010 | £215,000 | £337,175 | 425 |
| 2009 | £175,000 | £281,314 | 387 |
| 2008 | £191,000 | £313,089 | 397 |
| 2007 | £179,500 | £304,482 | 833 |
| 2006 | £185,000 | £321,136 | 900 |
| 2005 | £170,000 | £302,531 | 668 |
| 2004 | £170,000 | £308,753 | 953 |
| 2003 | £153,000 | £281,863 | 761 |
| 2002 | £135,000 | £254,001 | 744 |
| 2001 | £115,000 | £221,082 | 743 |
| 2000 | £96,500 | £189,381 | 721 |
| 1999 | £77,700 | £154,852 | 804 |
| 1998 | £66,800 | £134,841 | 633 |
| 1997 | £60,000 | £123,048 | 663 |
| 1996 | £54,000 | £113,884 | 532 |
| 1995 | £54,700 | £118,909 | 476 |
In cash terms the typical GL50 home went from £54,700 in 1995 to £287,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 141%: 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 21% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the GL50 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 2000 (+24.2% on the year before); the weakest, 2011 (−11.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of flats dominate the record here, 47% of the typed total. A detached home currently trades at £655,000 against £230,000 for a flat, 2.8 times the price.
Median by property type, GL50
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £655,000 | 11 | 1,511 |
| Semi-detached | £305,000 | 17 | 2,590 |
| Terraced | £307,000 | 49 | 5,533 |
| Flats | £230,000 | 73 | 8,654 |
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −7.4% | −9.6% |
| 5 years (since 2021) | +0.1% | −4.5% |
| 10 years (since 2016) | +2.2% | −1.1% |
| 20 years (since 2006) | +2.2% | −0.6% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
The turnover behind the prices
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Month by month, five years back
Registrations by month. The repeating sawtooth is seasonality, and the right-hand edge always dips because the register lags completions.
The register shows 354 GL50 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 790 sales a year before the financial crisis and 393 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.
What homes rent for around GL50
The local authority for GL50 is Cheltenham, and its ONS average private rent currently stands at £1,249 a month (May 2026 figures). The spread runs from £861 a month for a typical one-bed to £1,892 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Cheltenham
ONS Price Index of Private Rents, May 2026.
£1,249 a month is £14,988 a year, which against the £287,000 median sold price makes a gross yield of 5.2%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Asked and answered: GL50 (Montpellier)
Are property prices falling in GL50 (Montpellier)?
Is GL50 (Montpellier) a good place to buy a house?
How much did a house sell for in GL50 (Montpellier)?
Will GL50 prices rise from here?
No honest page predicts prices, so this one sticks to the record: the median is roughly flat over five years in cash but down 21% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
What you could buy in GL50 now
Everything above is what homes in GL50 sold for. This is what you could actually buy today: 174 homes currently on the market from 11 agents publishing to HomesIndex, at a typical asking price 72% above the GL50 median sold price.
Of everything listed here, 19% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
- High Street, Cheltenham, Cheltenham
- Back Montpellier Terrace, Cheltenham, Cheltenham
- Malvern Road, Cheltenham, Gloucestershire
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every GL50 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Bedroom by bedroom: GL prices by size
Real sold prices by size across the GL area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| 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%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
GL50 ranks 21 of 27 in the GL area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
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.
Inside GL50, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| GL50 1 | £281,200 | 10 |
| GL50 2 | £425,000 | 49 |
| GL50 3 | £225,000 | 45 |
| GL50 4 | £287,000 | 46 |
How GL50 compares nearby
Same city, different markets. The neighbouring districts of the GL area, dearest first:
| District | Median | 5-year |
|---|---|---|
| GL9 | £616,200 | +38% |
| GL55 | £527,500 | +8% |
| GL53 | £526,000 | +17% |
| GL54 | £428,000 | -5% |
| GL7 | £425,000 | +12% |
| GL56 | £413,500 | +10% |
| GL12 | £392,500 | +11% |
| GL8 | £392,000 | -1% |
| GL6 | £390,000 | -8% |
| GL10 | £355,000 | +14% |
| GL11 | £345,000 | +15% |
| GL19 | £345,000 | -15% |
| GL52 | £333,000 | +3% |
| GL13 | £325,000 | +18% |
| GL5 | £320,000 | +16% |
| GL2 | £300,000 | +13% |
| GL51 | £299,000 | +11% |
| GL3 | £297,700 | +8% |
| GL50 (this report) | £287,000 | +0% |
| GL20 | £280,000 | +8% |
| GL18 | £273,900 | -7% |
| GL15 | £273,000 | +6% |
| GL4 | £270,000 | +17% |
| GL17 | £260,000 | +4% |
Selling in GL50? Start from the sold record
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in GL50, use the average prices map for a rough value: zoom from GL50's shading down to the sold homes on your own street. The figures above are every recorded GL50 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim GL50.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to GL50. Free after a one click sign in.
The live map plots every individual GL50 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.