Merlin Way - GL53 0LT
Key Postcode Insights
GL53 0LT is a residential postcode situated on Merlin Way, Cheltenham, GL53 with 12 addresses.
It ranks as the 372nd largest and 380th most expensive of the 703 postcodes in the GL53 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £608,538
- 10 Year change
- up 35.9%
- Ave. Rental Price
- £2,128pcm
- 10 Year change
- up 60.7%
- Ave. £ per ft²
- £524/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Postcode Insights
GL53 0LT is a residential postcode situated on Merlin Way, Cheltenham, GL53 with 12 addresses.
It ranks as the 372nd largest and 380th most expensive of the 703 postcodes in the GL53 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £608,538
- 10 Year change
- up 35.9%
- Ave. Rental Price
- £2,128pcm
- 10 Year change
- up 60.7%
- Ave. £ per ft²
- £524/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Propertiesin GL53 0LT
- 2 Merlin Way
3 Bed Mid-century House
- 4 Merlin Way
3 Bed Mid-century House
- 6 Merlin Way
4 Bed Mid-century House
- 8 Merlin Way
4 Bed Mid-century House
- 10 Merlin Way
3 Bed Mid-century House
Sales Market Trends
The last sale in GL53 0LT sold for £600,000 on 17th October 2025. Since then prices are up an average of 2.3%.
The current average value in the postcode is £608,538.
The GL53 0LT Sales Market has increased by 35.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1% | £608,538 |
| June 2025 | 0.3% | £602,626 |
| June 2024 | -1% | £600,530 |
| June 2023 | 2.6% | £606,687 |
| June 2022 | 9.6% | £591,475 |
| June 2021 | 5.3% | £539,661 |
| June 2020 | 3.7% | £512,426 |
| June 2019 | 2% | £494,340 |
| June 2018 | 4% | £484,717 |
| June 2017 | 4% | £466,035 |
| June 2016 | 7.5% | £447,923 |
| June 2015 | 9.7% | £416,832 |
| June 2014 | 4.6% | £379,887 |
| June 2013 | 5.5% | £363,206 |
| June 2012 | 2.8% | £344,142 |
| June 2011 | -0.2% | £334,743 |
| June 2010 | 16.3% | £335,461 |
| June 2009 | -10% | £288,367 |
| June 2008 | -4.6% | £320,287 |
| June 2007 | 0% | £335,677 |
Rental Market Trends
The current average rental value in the postcode is £2,128.
The GL53 0LT Rental Market has increased by 60.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £2,128pcm |
| June 2025 | 6.2% | £2,047pcm |
| June 2024 | 8.4% | £1,927pcm |
| June 2023 | 11.2% | £1,778pcm |
| June 2022 | 7.3% | £1,599pcm |
| June 2021 | 5.5% | £1,490pcm |
| June 2020 | 0.7% | £1,412pcm |
| June 2019 | 1.1% | £1,402pcm |
| June 2018 | 3.3% | £1,388pcm |
| June 2017 | 1.4% | £1,343pcm |
| June 2016 | 4.3% | £1,325pcm |
| June 2015 | 6.2% | £1,270pcm |
| June 2014 | 2.8% | £1,196pcm |
| June 2013 | 1% | £1,163pcm |
| June 2012 | 0.7% | £1,151pcm |
| June 2011 | 2.3% | £1,144pcm |
| June 2010 | 5.9% | £1,117pcm |
| June 2009 | -5.8% | £1,055pcm |
| June 2008 | 1.7% | £1,120pcm |
| June 2007 | 0% | £1,101pcm |
Sales History
The last sale was on 17th October 2025 for £600,000 and since then the market in the area has increased by 2.3%. The postcode has had a total of 20 sales since 1995.
GL53 0LT has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£600,000 | 3 Bed House22, Merlin Way, Cheltenham, GL53 0LT22, Merlin Way, Cheltenham, GL53 0LT
- Sold Oct 2024£595,000 | 3 Bed House20, Merlin Way, Cheltenham, GL53 0LT20, Merlin Way, Cheltenham, GL53 0LT
- Sold Jul 2022£555,000 | 3 Bed House10, Merlin Way, Cheltenham, GL53 0LT10, Merlin Way, Cheltenham, GL53 0LT
- Sold May 2022£675,000 | 4 Bed House8, Merlin Way, Cheltenham, GL53 0LT8, Merlin Way, Cheltenham, GL53 0LT
- Sold Apr 2019£583,150 | 4 Bed House6, Merlin Way, Cheltenham, GL53 0LT6, Merlin Way, Cheltenham, GL53 0LT
Nearby Postcodes
GL53 0LT is the 372nd largest and the 380th most expensive postcode out of the 703 postcodes in the GL53 area.
- GL53 0LX, Allenfield Road, Cheltenham, GL53GL53 0LX6 Addresses|55 m away
- GL53 0LS, Merlin Way, Cheltenham, GL53GL53 0LS11 Addresses|71 m away
- GL53 0LY, Allenfield Road, Cheltenham, GL53GL53 0LY7 Addresses|96 m away
- GL53 0JJ, Highwood Avenue, Cheltenham, GL53GL53 0JJ36 Addresses|101 m away
- GL53 0NF, Merlin Close, Cheltenham, GL53GL53 0NF9 Addresses|114 m away
Property Types
- 9 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 2 other addresses of unknown type
- mid-century house (9)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (1)
- F (0)
- C (2)
- G (0)
- D (4)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Oct 2024£717,500 | 4 Bed House3, Merlin Way, Cheltenham, GL53 0LS3, Merlin Way, Cheltenham, GL53 0LS
- Sold May 2022£675,000 | 4 Bed House8, Merlin Way, Cheltenham, GL53 0LT8, Merlin Way, Cheltenham, GL53 0LT
- Sold Nov 2024£650,000 | 5 Bed House17, Merlin Way, Cheltenham, GL53 0LS17, Merlin Way, Cheltenham, GL53 0LS
Schools Nearby
- St James' Church of England Primary School600 m away
- Leckhampton Church of England Primary School700 m away
- Naunton Park Primary School900 m away
- The High School Leckhampton700 m away
- Cheltenham Bournside School and Sixth Form Centre1.1 km away
- Balcarras School2.9 km away
More reading links
Public Transport Nearby
The closest station to GL53 0LT is Cheltenham Spa station, which is 1.9 kilometres away.
- Cheltenham Spa|1.9 km away
- Gloucester|10.6 km away
- Ashchurch for Tewkesbury|13.1 km away
- Stroud (Gloucs)|17.8 km away
