Park Place, Cheltenham house prices are built from 328 sales lodged with HM Land Registry, the oldest in 1995 and the most recent on 28 Oct 2025. The median price paid across the whole record is £165,000. Across the 10 years from 2015 to 2025 the median moved +29.3% in cash — but once inflation is taken out, the change in 2026 money is -6.3%.
Median price paid
£165,000
Change in cash, 2015–2025
+29.3%
Change in real terms
-6.3%
Median per m²
£2,304
HM Land Registry328 sales49 with floor areaLatest sale 28 Oct 2025
Section 01
How Park Place, Cheltenham prices moved
The chart tracks the median Park Place, Cheltenham house price for every year with a recorded sale, from 1995 to 2025. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.
| Decade | Years with sales | Median paid | In today's money |
|---|---|---|---|
| 1990s | 5 | £55,000 | £122,126 |
| 2000s | 10 | £145,750 | £265,514 |
| 2010s | 10 | £220,000 | £310,200 |
| 2020s | 5 | £265,000 | £270,761 |
The highest yearly median on record for Park Place, Cheltenham is £445,000 in 2023; the lowest is £26,000 in 1996. Across the full 31-year record the cash median has moved from £55,000 to £265,000.
In 2026 money that first median is worth £122,126, so the real change over the whole record is +121.7% — about +2.69% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.
Over the last decade alone the difference is stark: +29.3% in cash against -6.3% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.
Section 02
The most recent sales
Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.
| Address | Sold | Type | Price paid | In today's money |
|---|---|---|---|---|
| 30 Park Gate | 28 Oct 2025 | Terraced | £199,000 | £203,326 |
| 3 Tunstall House | 25 Sep 2025 | Flat or maisonette | £280,000 | £286,087 |
| Flat 13 Park Gate | 6 Jun 2025 | Flat or maisonette | £265,000 | £270,761 |
| Flat 35 Mercian Court, 46 | 31 Mar 2025 | Flat or maisonette | £90,000 | £91,957 |
| Flat 25 Park House, 39 | 18 Mar 2025 | Flat or maisonette | £270,000 | £275,870 |
| Flat 12 Park House, 39 | 19 Dec 2024 | Flat or maisonette | £300,000 | £315,672 |
| Flat 27 Park House, 39 | 27 Sep 2024 | Flat or maisonette | £320,000 | £336,716 |
| Flat 18 Mercian Court, 46 | 6 Aug 2024 | Flat or maisonette | £63,000 | £66,291 |
| Flat 10 Park House, 39 | 28 Jun 2024 | Flat or maisonette | £258,000 | £271,478 |
| Flat 22 Park Gate | 7 Jun 2024 | Flat or maisonette | £190,000 | £199,925 |
| 6 | 28 May 2024 | Terraced | £1,100,000 | £1,157,463 |
| 2 Tunstall House | 9 May 2024 | Flat or maisonette | £328,282 | £345,431 |
| Flat 9 Park Gate | 14 Mar 2024 | Flat or maisonette | £145,000 | £152,575 |
| Flat 30 Mercian Court, 46 | 29 Feb 2024 | Flat or maisonette | £118,000 | £124,164 |
| 7 | 8 Jan 2024 | Detached | £1,565,000 | £1,646,754 |
| 19c | 5 Jan 2024 | Flat or maisonette | £675,000 | £710,261 |
| Flat 18 Park House, 39 | 3 Nov 2023 | Flat or maisonette | £250,000 | £270,115 |
| Flat 17 Park Gate | 2 Oct 2023 | Flat or maisonette | £215,000 | £232,299 |
| 28 | 25 Sep 2023 | Terraced | £1,100,000 | £1,188,506 |
| 28 | 25 Sep 2023 | Flat or maisonette | £300,000 | £324,138 |
| 34 | 29 Jun 2023 | Terraced | £1,100,000 | £1,188,506 |
| 19a | 3 Mar 2023 | Flat or maisonette | £590,000 | £637,471 |
| Flat 23 Park Gate | 7 Oct 2022 | Flat or maisonette | £77,500 | £89,790 |
| 22 | 25 Aug 2022 | Terraced | £1,600,000 | £1,853,739 |
| 15 | 16 Aug 2022 | Semi-detached | £1,700,000 | £1,969,597 |
Section 03
Homes that sold twice
These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to Park Place, Cheltenham values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| 30 PARK GATE Park Place | £113,000 (2014) | £199,000 (2025) | +5.3% | +2.1% |
| 3 TUNSTALL HOUSE Park Place | £102,000 (1999) | £280,000 (2025) | +4.0% | +1.2% |
| FLAT 35 MERCIAN COURT, 46 Park Place | £55,000 (2001) | £90,000 (2025) | +2.1% | -0.7% |
| FLAT 25 PARK HOUSE, 39 Park Place | £55,000 (1995) | £270,000 (2025) | +5.4% | +2.8% |
| FLAT 12 PARK HOUSE, 39 Park Place | £114,000 (2002) | £300,000 (2024) | +4.5% | +1.7% |
| FLAT 27 PARK HOUSE, 39 Park Place | £239,000 (2014) | £320,000 (2024) | +3.0% | -0.2% |
| FLAT 18 MERCIAN COURT, 46 Park Place | £36,000 (2001) | £63,000 (2024) | +2.5% | -0.3% |
| FLAT 10 PARK HOUSE, 39 Park Place | £200,000 (2004) | £258,000 (2024) | +1.3% | -1.6% |
| FLAT 22 PARK GATE Park Place | £85,000 (1995) | £190,000 (2024) | +2.8% | +0.2% |
| 6 Park Place | £272,500 (1999) | £1,100,000 (2024) | +5.7% | +3.0% |
| 2 TUNSTALL HOUSE Park Place | £225,000 (2011) | £328,282 (2024) | +2.9% | +0.0% |
| FLAT 30 MERCIAN COURT, 46 Park Place | £95,000 (2014) | £118,000 (2024) | +2.2% | -0.9% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. Park Place, Cheltenham is dominated by the type at the top of this table, so its overall median leans that way.
| Property type | Sales | Share | Median paid | Range |
|---|---|---|---|---|
| Flat or maisonette | 256 | 78.0% | £146,000 | £16,000 – £995,000 |
| Terraced | 32 | 9.8% | £445,000 | £59,950 – £1,999,000 |
| Detached | 23 | 7.0% | £623,200 | £128,000 – £1,700,000 |
| Semi-detached | 17 | 5.2% | £600,000 | £47,000 – £1,700,000 |
Section 06
Ownership and new build in Park Place, Cheltenham
264 of the sales on record are leasehold and 64 freehold — 80.5% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.
The median leasehold sale is £145,500 and the median freehold sale £624,100 — a gap of +328.9%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 264 | 80.5% | £145,500 |
| Freehold | 64 | 19.5% | £624,100 |
| New build | 2 | 0.6% | £61,000 |
| Existing home | 326 | 99.4% | £165,750 |
New builds sold for less than the median existing home — -63.2%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.
A further 3 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.
Section 07
Living in Park Place, Cheltenham
Every certificate carries an energy efficiency band as well as a floor area. Across Cheltenham, 45.3% of 65,902 certificates sit in bands A to C, and 4.0% in F or G — the bands that cost the most to heat and are hardest to mortgage.
| Energy band | Certificates | Share |
|---|---|---|
| A | 371 | 0.6% |
| B | 5,973 | 9.1% |
| C | 23,495 | 35.7% |
| D | 24,621 | 37.4% |
| E | 8,791 | 13.3% |
| F | 2,097 | 3.2% |
| G | 554 | 0.8% |
The Office for National Statistics puts the mean private rent in Cheltenham at £1,254 a month as of Jun 2026 — £865 for a one-bedroom home and £1,346 for three bedrooms.
Against the median sale of £165,000 here, that rent is a gross yield of 9.12% a year. It is a measured figure rather than an assumption: a real local rent over a real local price, before any cost of ownership.
No street-level crime was published for GL50 in Jun 2026. Several forces do not supply street-level data to police.uk, so this is a gap in the source rather than a crime-free month — and printing a zero would say something the data does not.
Section 08
The neighbourhood around Park Place, Cheltenham
The 2021 census counted 118,836 residents in Cheltenham across 52,899 households. 64.3% of those households own their home and 35.6% rent — a split the sold record cannot show, because only owners appear in it.
4 state and independent schools have a GL50 postcode: 4 primary. Catchment areas do not follow postcodes, so treat this as what is nearby rather than what a child would be offered.
| School | Phase | Type | Pupils |
|---|---|---|---|
| Dunalley Primary School | Primary | Community school | 456 |
| The Catholic School of Saint Gregory the Great | Primary | Academy converter | 412 |
| St James' Church of England Primary School | Primary | Academy converter | 408 |
| Christ Church CofE Primary School | Primary | Academy converter | 213 |
| Station | Mode | Distance from the district centre |
|---|---|---|
| Cheltenham Spa Rail Station | Rail | 1.3 km |
| Cheltenham Racecourse (Gloucs Warwicks Railway) | Tram | 2.7 km |
| Cheltenham Racecourse (Gloucs Warwicks Railway) | Metro or underground | 2.7 km |
| Gotherington (Gloucs Warwicks Railway) | Metro or underground | 8.0 km |
Section 09
How Park Place, Cheltenham compares
The median across the whole archive is £157,500. Park Place, Cheltenham sits above that national figure — +4.8%.
Within Cheltenham the street ranks 1615 of 2232 by median price, and its median is below the town figure of £194,995 (-15.4%).
Where an EPC floor area could be matched to the sale, the median works out at £2,304 per square metre, across 49 of the 328 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.
The full range on record runs from £16,000 to £1,999,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.
Park Place, Cheltenham sits in Cheltenham, in the South West.
The Office for National Statistics puts the median home in Cheltenham at 7.8 times median local earnings of £41,147 a year, measured to Sep 2025. Across England and Wales the same ratio is 7.6. That number, not the price alone, is what decides whether a place is within reach of the people who work in it.
Section 10
Nearby on the record
Streets nearby
- High Street£125,500 median
- The Park£195,000 median
- St Georges Road£196,000 median
- Brookbank Close£169,950 median
- Queens Road£205,000 median
- St Georges Place£149,500 median
- Lansdown Crescent£123,000 median
- Suffolk Square£183,725 median
- Christchurch Road£166,250 median
- Montpellier Spa Road£185,000 median
- Millbrook Street£110,000 median
- Malvern Road£245,250 median
- Clarence Square£165,000 median
- Montpellier Grove£391,000 median
- Windyridge Gardens£132,500 median
- Brunswick Street£130,000 median
Addresses with more than one recorded sale
- 28 Park Place6 sales
- FLAT 14, PARK HOUSE, 39 Park Place6 sales
- FLAT 2, TUNSTALL LODGE, 1 Park Place6 sales
- 3, TUNSTALL HOUSE Park Place5 sales
- FLAT 10, PARK HOUSE, 39 Park Place5 sales
- FLAT 22, PARK GATE Park Place4 sales
- FLAT 17, PARK GATE Park Place4 sales
- 34 Park Place4 sales
- 19A Park Place4 sales
- FLAT 11, PARK HOUSE, 39 Park Place4 sales
- FLAT 27, PARK GATE Park Place4 sales
- FLAT 5, 9 Park Place4 sales
- FLAT 16, PARK GATE Park Place4 sales
- FLAT 1, 3 Park Place4 sales
- FLAT 23, PARK HOUSE, 39 Park Place4 sales
- 29 Park Place4 sales
- FLAT 8, PARK HOUSE, 39 Park Place4 sales
- 5 Park Place4 sales
- FLAT 6, PARK GATE Park Place4 sales
- THE ELDON APARTMENT, 50 Park Place4 sales
- FLAT 22, MERCIAN COURT, 46 Park Place4 sales
- FLAT 22, PARK HOUSE, 39 Park Place4 sales
- FLAT 4, 3 Park Place4 sales
- 36 Park Place4 sales
Back to Cheltenham house prices.
Quick answers
Common questions about this data
What is the average house price in Park Place, Cheltenham?
The median price paid in Park Place, Cheltenham across every sale on the register is £165,000. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.
How many homes have sold in Park Place, Cheltenham?
328 sales are on record for Park Place, Cheltenham, the most recent completing on 28 Oct 2025. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
Have Park Place, Cheltenham house prices actually risen?
In cash, the median rose +29.3% between 2015 and 2025. In 2026 money — that is, after inflation — the change is -6.3%. Both numbers are true; only the second one tells you whether buying here preserved value.
When were Park Place, Cheltenham house prices at their highest?
The highest yearly median on record is £445,000, set in 2023. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.
What is the price per square metre in Park Place, Cheltenham?
£2,304 per square metre, from the 49 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.
How current is this data?
The latest sale shown here completed on 28 Oct 2025. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.
Cite this page: Sold Price History, “Park Place, Cheltenham house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.