Melbourne Close - GL53 0JP
Key Street Insights
Melbourne Close is a residential street with 5 addresses.
It ranks as the 44th largest and 286th most expensive of the 334 streets in the GL53 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £868,634
- 10 Year change
- up 35.5%
- Ave. Rental Price
- £2,462pcm
- 10 Year change
- up 60.1%
- Ave. £ per ft²
- £666/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Key Street Insights
Melbourne Close is a residential street with 5 addresses.
It ranks as the 44th largest and 286th most expensive of the 334 streets in the GL53 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £868,634
- 10 Year change
- up 35.5%
- Ave. Rental Price
- £2,462pcm
- 10 Year change
- up 60.1%
- Ave. £ per ft²
- £666/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Explore Propertieson Melbourne Close, Cheltenham, GL53
- 1 Melbourne Close
4 Bed Mid-century House
- 2 Melbourne Close
4 Bed Mid-century House
- 3 Melbourne Close
4 Bed Mid-century House
- 4 Melbourne Close
House
- 5 Melbourne Close
4 Bed Modern House
Sales Market Trends
The last sale on Melbourne Close sold for £600,000 on 30th May 2014. Since then prices are up an average of 61.7%.
The current average value in the street is £868,634.
The Melbourne Close Sales Market has increased by 35.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £868,634 |
| June 2025 | 0.2% | £861,985 |
| June 2024 | -1% | £860,069 |
| June 2023 | 2.7% | £869,022 |
| June 2022 | 9.3% | £846,186 |
| June 2021 | 5.4% | £774,126 |
| June 2020 | 3.8% | £734,551 |
| June 2019 | 2.1% | £707,544 |
| June 2018 | 4% | £692,999 |
| June 2017 | 3.9% | £666,173 |
| June 2016 | 7.5% | £641,179 |
| June 2015 | 9.8% | £596,532 |
| June 2014 | 4.5% | £543,448 |
| June 2013 | 5.8% | £520,085 |
| June 2012 | 2.8% | £491,665 |
| June 2011 | 0% | £478,111 |
| June 2010 | 16.9% | £478,105 |
| June 2009 | -9.5% | £408,865 |
| June 2008 | -4.5% | £451,565 |
| June 2007 | 0% | £472,681 |
Rental Market Trends
The current average rental value in the street is £2,462.
The Melbourne Close Rental Market has increased by 60.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £2,462pcm |
| June 2025 | 6.1% | £2,374pcm |
| June 2024 | 8.4% | £2,237pcm |
| June 2023 | 11.3% | £2,064pcm |
| June 2022 | 7% | £1,854pcm |
| June 2021 | 5.5% | £1,733pcm |
| June 2020 | 0.9% | £1,642pcm |
| June 2019 | 1.1% | £1,628pcm |
| June 2018 | 3.4% | £1,610pcm |
| June 2017 | 1.3% | £1,558pcm |
| June 2016 | 4.3% | £1,538pcm |
| June 2015 | 6.1% | £1,475pcm |
| June 2014 | 2.8% | £1,390pcm |
| June 2013 | 1.2% | £1,352pcm |
| June 2012 | 0.7% | £1,337pcm |
| June 2011 | 2.5% | £1,328pcm |
| June 2010 | 6.3% | £1,295pcm |
| June 2009 | -5.2% | £1,218pcm |
| June 2008 | 1.8% | £1,285pcm |
| June 2007 | 0% | £1,262pcm |
Sales History
The last sale was on 30th May 2014 for £600,000 and since then the market in the area has increased by 61.7%. The street has had a total of 5 sales since 1995.
Melbourne Close, Cheltenham, GL53 has seen no sales in the last three years and no sales in the last twelve months.
- Sold May 2014£600,000 | 4 Bed House1, Melbourne Close, Cheltenham, GL53 0JP1, Melbourne Close, Cheltenham, GL53 0JP
- Sold Apr 2014£565,000 | 4 Bed House3, Melbourne Close, Cheltenham, GL53 0JP3, Melbourne Close, Cheltenham, GL53 0JP
- Sold Apr 2012£455,000 | 4 Bed House1, Melbourne Close, Cheltenham, GL53 0JP1, Melbourne Close, Cheltenham, GL53 0JP
- Sold Jan 2009£442,000 | 4 Bed House2, Melbourne Close, Cheltenham, GL53 0JP2, Melbourne Close, Cheltenham, GL53 0JP
- Sold Sep 2007£415,000 | 4 Bed House5, Melbourne Close, Cheltenham, GL53 0JP5, Melbourne Close, Cheltenham, GL53 0JP
Top 3 Most Expensive Sales
- Sold May 2014£600,000 | 4 Bed House1, Melbourne Close, Cheltenham, GL53 0JP1, Melbourne Close, Cheltenham, GL53 0JP
- Sold Apr 2014£565,000 | 4 Bed House3, Melbourne Close, Cheltenham, GL53 0JP3, Melbourne Close, Cheltenham, GL53 0JP
- Sold Apr 2012£455,000 | 4 Bed House1, Melbourne Close, Cheltenham, GL53 0JP1, Melbourne Close, Cheltenham, GL53 0JP
Nearby Streets
Melbourne Close, Cheltenham, GL53 is the 44th largest and the 286th most expensive street in the GL53 area.
- Pickering Close, Cheltenham, GL535 Addresses|60 m away
- Shurdington Road, Cheltenham, GL53126 Addresses|120 m away
- Pickering Road, Cheltenham, GL5344 Addresses|121 m away
- Moorend Street, Cheltenham, GL5341 Addresses|142 m away
- Moorend Park Road, Cheltenham, GL53126 Addresses|153 m away
- Moorend Terrace, Cheltenham, GL536 Addresses|172 m away
Property Types
- 1 modern house built after 1980
- 3 mid-century houses built between 1936 and 1979
- 1 other address of unknown type
- modern house (1)
- mid-century house (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (1)
- No EPC (1)
Schools Nearby
- Naunton Park Primary School700 m away
- St James' Church of England Primary School700 m away
- Leckhampton Church of England Primary School800 m away
- The High School Leckhampton1.0 km away
- Cheltenham Bournside School and Sixth Form Centre1.2 km away
- Balcarras School2.7 km away
More reading links
Public Transport Nearby
The closest station to Melbourne Close, Cheltenham, GL53 - GL53 0JP is Cheltenham Spa station, which is 1.8 kilometres away.
- Cheltenham Spa|1.8 km away
- Gloucester|10.8 km away
- Ashchurch for Tewkesbury|12.9 km away