GL51, Cheltenham house prices & rental yield

Postcode district in Cheltenham, part of the GL postcode area

Likely student area · 1.8km from University of Gloucestershire

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Looking for a property valuation in GL51? The average asking price above is a guide for the area as a whole, not a valuation of your specific property — a local estate agent or RICS surveyor can give you an accurate figure for that.

Average asking price
£315k
UK avg £340k
Average rent (pcm)
£1,200
UK avg £1,275
Gross rental yield
4.6%
2% above UK avg
Net yield (estimated)
3.4%
assumes ~25% costs, excl. mortgage
Crimes reported (2026-08)
0
100% below UK avg
Short-term let activity (Cheltenham)
#48 of 318

Summary

GL51 has a gross rental yield of 4.6%, 2% above the UK average, ranking #6 of 23 GL postcode districts by yield.

Gross yield trend

-0.7pp since Jul
Jul: 6.0% 6.0% Jul Aug: 6.4% 6.4% Aug Sep: 5.2% 5.2% Sep Oct: 5.3% 5.3% Oct

Buy-to-let calculator

Stamp Duty (SDLT)—
Deposit required—
Mortgage payment (monthly)—
Letting agent fee (monthly)—
Est. net monthly cashflow—

Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.

GL51 by bedroom count

BedroomsAvg buyAvg rentYieldSampled
Studio — £795 — 0 / 3
1 £125k £912 8.8% 31 / 12
2 £240k £1,200 6.0% 100 / 24
3 £325k £1,495 5.5% 86 / 11
4 £550k £2,995 6.5% 51 / 5
5+ £700k £2,400 — 27 / 3

Nearby GL postcode districts, by yield

DistrictAvg buyAvg rentYield
GL1 £210k £995 5.7% Compare
GL54 £550k £2,475 5.4% Compare
GL3 £330k £1,475 5.4% Compare
GL4 £300k £1,250 5.0% Compare
GL2 £340k £1,300 4.6% Compare
GL20 £350k £1,300 4.5% Compare
GL8 £450k £1,650 4.4% Compare
GL53 £525k £1,898 4.3% Compare
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