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Merestones Road is a residential street with 3 addresses.
It ranks as the 21st largest and 284th most expensive of the 319 streets in the GL50 area. The dominant property type is a modern house built after 1980.
The street contains a total of 3 properties: 3 houses.
Merestones Road is a residential street with 3 addresses.
It ranks as the 21st largest and 284th most expensive of the 319 streets in the GL50 area. The dominant property type is a modern house built after 1980.
The street contains a total of 3 properties: 3 houses.
Sale prices range from £686,791 for 4 bedroom freehold houses with a garden (1,463 ft2) to £715,257 for 4 bedroom freehold houses with a garden (1,571 ft2) .
Monthly rental prices range from £1,822 pcm for 4 bed houses to £1,842 pcm for 4 bed houses.
The gross rental yield is between 3.1% and 3.2%.
The average value per square foot is £458.
The last sale on Merestones Road sold for £758,000 on 28th June 2024. Since then prices are up an average of 0.5%.
The current average value in the street is £703,893.
The Merestones Road Sales Market has increased by 36.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0% | £703,893 |
| May 2025 | 0.5% | £703,594 |
| May 2024 | -0.6% | £700,116 |
| May 2023 | 3.4% | £704,252 |
| May 2022 | 8.7% | £681,404 |
| May 2021 | 4% | £626,666 |
| May 2020 | 4.4% | £602,468 |
| May 2019 | 1.4% | £577,031 |
| May 2018 | 4.7% | £569,263 |
| May 2017 | 5.1% | £543,805 |
| May 2016 | 6.6% | £517,244 |
| May 2015 | 7.5% | £485,423 |
| May 2014 | 4.7% | £451,350 |
| May 2013 | 4.6% | £431,246 |
| May 2012 | 1.8% | £412,439 |
| May 2011 | 0.6% | £405,266 |
| May 2010 | 16.8% | £402,844 |
| May 2009 | -10.6% | £345,026 |
| May 2008 | -1.3% | £386,017 |
| May 2007 | 0% | £391,226 |
The current average rental value in the street is £1,834.
The Merestones Road Rental Market has increased by 59.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.2% | £1,834pcm |
| May 2025 | 6.1% | £1,777pcm |
| May 2024 | 9.3% | £1,676pcm |
| May 2023 | 10.9% | £1,533pcm |
| May 2022 | 7.1% | £1,382pcm |
| May 2021 | 5.7% | £1,291pcm |
| May 2020 | 0.7% | £1,221pcm |
| May 2019 | 0.9% | £1,212pcm |
| May 2018 | 3.3% | £1,202pcm |
| May 2017 | 1.4% | £1,163pcm |
| May 2016 | 4.7% | £1,147pcm |
| May 2015 | 4.8% | £1,096pcm |
| May 2014 | 3% | £1,045pcm |
| May 2013 | 0.5% | £1,015pcm |
| May 2012 | 1.2% | £1,010pcm |
| May 2011 | 2.7% | £998pcm |
| May 2010 | 7.7% | £972pcm |
| May 2009 | -6% | £902pcm |
| May 2008 | 3.8% | £960pcm |
| May 2007 | 0% | £925pcm |
The last sale was on 28th June 2024 for £758,000 and since then the market in the area has increased by 0.5%. The street has had a total of 4 sales since 1995.
Merestones Road, Cheltenham, GL50 has seen 1 sale in the last three years and no sales in the last twelve months.
Merestones Road, Cheltenham, GL50 is the 21st largest and the 284th most expensive street in the GL50 area.
There is 1 postcode on Merestones Road, Cheltenham, GL50.
The closest station to Merestones Road, Cheltenham, GL50 is Cheltenham Spa station, which is 1.3 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Merestones Road, Cheltenham, GL50, 52.3% of property is privately owned outright and 36.6% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Merestones Road, Cheltenham, GL50, 19.9% of residents are recorded as possessing school level qualifications and 64.3% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Merestones Road, Cheltenham, GL50, the average age was 45.6 and the most common age was 57.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Merestones Road, Cheltenham, GL50, 2.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Merestones Road, Cheltenham, GL50, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.