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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
GL53 0LUHouse Prices / South West, Cheltenham, Merlin Way
Last updated May 2026
Key Postcode Insights
GL53 0LU is a residential postcode situated on Merlin Way, Cheltenham, GL53 with 14 addresses.
It ranks as the 426th largest and 395th most expensive of the 702 postcodes in the GL53 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
14
Properties
- Houses
Key Postcode Insights
GL53 0LU is a residential postcode situated on Merlin Way, Cheltenham, GL53 with 14 addresses.
It ranks as the 426th largest and 395th most expensive of the 702 postcodes in the GL53 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 houses.
14
Properties
- Houses
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House Pricesin GL53 0LU
Sale prices range from £540,455 for 3 bedroom freehold houses with a garden (990 ft2) to £774,656 for 4 bedroom freehold houses with a garden (1,872 ft2) .
Monthly rental prices range from £2,413 pcm for 3 bed houses to £3,154 pcm for 4 bed houses.
The gross rental yield is between 4.9% and 5.4%.
The average value per square foot is £491.
Average Sale Value
£627,794
Average Rental Value
£2,671 pcm
Average Rental Yield
5.1% /year
Average Value Per Sqft
£491 /ft2
Sales Market Trendsin GL53 0LU
The last sale in GL53 0LU sold for £540,000 on 17th March 2025. Since then prices are up an average of 1.1%.
The current average value in the postcode is £627,794.
The GL53 0LU Sales Market has increased by 39.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.9% | £627,794 |
| April 2025 | 0.9% | £622,170 |
| April 2024 | -1% | £616,781 |
| April 2023 | 5.6% | £622,868 |
| April 2022 | 7.6% | £589,574 |
| April 2021 | 5.1% | £547,744 |
| April 2020 | 2.8% | £521,222 |
| April 2019 | 2.4% | £507,244 |
| April 2018 | 4.5% | £495,324 |
| April 2017 | 5% | £474,081 |
| April 2016 | 7.6% | £451,655 |
| April 2015 | 9.8% | £419,715 |
| April 2014 | 3.9% | £382,135 |
| April 2013 | 9% | £367,953 |
| April 2012 | 1.7% | £337,691 |
| April 2011 | -1.5% | £331,903 |
| April 2010 | 14.9% | £337,012 |
| April 2009 | -13.8% | £293,375 |
| April 2008 | 1% | £340,271 |
| April 2007 | 0% | £337,036 |
Rental Market Trendsin GL53 0LU
The current average rental value in the postcode is £2,671.
The GL53 0LU Rental Market has increased by 63.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.1% | £2,671pcm |
| April 2025 | 5.2% | £2,591pcm |
| April 2024 | 9.2% | £2,462pcm |
| April 2023 | 8.7% | £2,255pcm |
| April 2022 | 8.3% | £2,074pcm |
| April 2021 | 6.3% | £1,915pcm |
| April 2020 | 2.9% | £1,803pcm |
| April 2019 | 1.5% | £1,751pcm |
| April 2018 | 2.1% | £1,726pcm |
| April 2017 | 3.3% | £1,691pcm |
| April 2016 | 4.1% | £1,637pcm |
| April 2015 | 3.2% | £1,572pcm |
| April 2014 | 3.9% | £1,524pcm |
| April 2013 | 4.2% | £1,466pcm |
| April 2012 | 0.3% | £1,407pcm |
| April 2011 | 3.4% | £1,402pcm |
| April 2010 | 4.2% | £1,356pcm |
| April 2009 | -9.5% | £1,301pcm |
| April 2008 | 5.9% | £1,437pcm |
| April 2007 | 0% | £1,358pcm |
Explore Propertiesin GL53 0LU, Merlin Way, Cheltenham, GL53
- 26, Merlin Way, Cheltenham, GL53 0LU3 bed mid-century house
- 28, Merlin Way, Cheltenham, GL53 0LU4 bed house
- 30, Merlin Way, Cheltenham, GL53 0LU
- 32, Merlin Way, Cheltenham, GL53 0LU
- 34, Merlin Way, Cheltenham, GL53 0LU4 bed mid-century house
- 36, Merlin Way, Cheltenham, GL53 0LU4 bed mid-century house
- 38, Merlin Way, Cheltenham, GL53 0LU4 bed mid-century house
- 40, Merlin Way, Cheltenham, GL53 0LU3 bed mid-century house
- 42, Merlin Way, Cheltenham, GL53 0LU3 bed mid-century house
- 44, Merlin Way, Cheltenham, GL53 0LU3 bed mid-century house
- 46, Merlin Way, Cheltenham, GL53 0LU3 bed mid-century house
- 48, Merlin Way, Cheltenham, GL53 0LU
- 50, Merlin Way, Cheltenham, GL53 0LU3 bed mid-century house
- 52, Merlin Way, Cheltenham, GL53 0LU
Sales Historyin GL53 0LU
The last sale was on 17th March 2025 for £540,000 and since then the market in the area has increased by 1.1%. The postcode has had a total of 12 sales since 1995.
GL53 0LU has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Mar 2025£540,000 | 3 Bed HouseMerlin Way40, Merlin Way, Cheltenham, GL53 0LU
Sold Jul 2020£475,000 | 3 Bed HouseMerlin Way42, Merlin Way, Cheltenham, GL53 0LU
Sold Aug 2018£462,000 | 3 Bed HouseMerlin Way26, Merlin Way, Cheltenham, GL53 0LU
Sold Sep 2017£575,000 | 4 Bed HouseMerlin Way34, Merlin Way, Cheltenham, GL53 0LU
Sold Dec 2015£345,000 | 3 Bed HouseMerlin Way44, Merlin Way, Cheltenham, GL53 0LU
Sold Jul 2014£475,000 | 4 Bed HouseMerlin Way36, Merlin Way, Cheltenham, GL53 0LU
Sold Sep 2012£312,000 | 3 Bed HouseMerlin Way46, Merlin Way, Cheltenham, GL53 0LU
Sold Sep 2007£410,000 | 4 Bed HouseMerlin Way28, Merlin Way, Cheltenham, GL53 0LU
Sold Dec 2005£277,500 | 3 Bed HouseMerlin Way46, Merlin Way, Cheltenham, GL53 0LU
Sold Oct 2004£285,000 | 3 Bed HouseMerlin Way52, Merlin Way, Cheltenham, GL53 0LU
Sold Apr 2003£286,000 | 4 Bed HouseMerlin Way32, Merlin Way, Cheltenham, GL53 0LU
Sold Nov 2002£250,000 | 4 Bed HouseMerlin Way28, Merlin Way, Cheltenham, GL53 0LU
Nearby Postcodesto GL53 0LU
GL53 0LU is the 426th largest and the 395th most expensive postcode out of the 702 postcodes in the GL53 area.
- 60 mGL53 0LP, Hobby Close, Cheltenham, GL53GL53 0LP13 Addresses
- 76 mGL53 0LW, Peregrine Road, Cheltenham, GL53GL53 0LW5 Addresses
- 98 mGL53 0LY, Allenfield Road, Cheltenham, GL53GL53 0LY7 Addresses
- 111 mGL53 0LR, Peregrine Road, Cheltenham, GL53GL53 0LR5 Addresses
- 126 mGL53 0LX, Allenfield Road, Cheltenham, GL53GL53 0LX6 Addresses
- 130 mGL53 0LJ, Osprey Road, Cheltenham, GL53GL53 0LJ3 Addresses
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Property Typesin GL53 0LU
- 9 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 4 other addresses of unknown type
- mid-century house (9)
- house (1)
- Unknown (4)
Energy Efficiencyof properties in GL53 0LU
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The dominant rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (0)
- G (0)
- D (6)
- No EPC (5)
Schools Nearbyto GL53 0LU
The nearest primary school to GL53 0LU is Leckhampton Church of England Primary School which is 558 metres away.
- 558mLeckhampton Church of England Primary School
- 794mSt James' Church of England Primary School
- 923mNaunton Park Primary School
The nearest secondary school is Cheltenham Bournside School and Sixth Form Centre which is 1.2 kilometres away.
- 1.2kmCheltenham Bournside School and Sixth Form Centre
- 2.9kmBalcarras School
- 3.6kmPate's Grammar School
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Public Transport Nearbyto GL53 0LU
The closest station to GL53 0LU is Cheltenham Spa station which is 2.1 kilometres away.
- 2.1kmCheltenham Spa
- 10.6kmGloucester
- 13.3kmAshchurch for Tewkesbury
- 17.7kmStroud (Gloucs)
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