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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
According to the public record, 2 May Trees, Cheltenham is a mid-century leasehold apartment with 947 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 May Trees, Cheltenham is £350,778 and the estimated rental value is £1,240 per month.
The apartment is within May Trees, Lansdown Crescent, Cheltenham, GL50.
Lansdown Crescent, Cheltenham, GL50 is located in the borough of Cheltenham within the GL50 postal district.
2 May Trees, Cheltenham has 3 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2 May Trees, Cheltenham is in very good condition we estimate a sale value of £368,317 and a rental value of £1,302 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,223 and a rental value of £1,153 per month.
Over the last 12 months the sale value of 2 May Trees Cheltenham has increased by an estimated £3,471 (1.0%) and its rental value has increased by an estimated £44 per month (3.5%), giving an expected gross yield of 4.2%.
2 May Trees, Cheltenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Nov 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 May Trees, Cheltenham was last sold on 28th August 2024 for £420,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2024, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 May Trees, Cheltenham within a radius of 390 metres over the last 2 years.
The most recent example is 5 May Trees, Lansdown Crescent, Cheltenham, GL50 2LE, a leasehold flat which sold for £343,000 on the 9th May 2023.
Read more about house prices in GL50.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lansdown Crescent, Cheltenham, GL50 has a total of 308 addresses. According to our analysis of all the public data, 2 May Trees, Cheltenham is the 15th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in GL50.
The closest station to 2 May Trees, Cheltenham is Cheltenham Spa station which is 800 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2 May Trees, Cheltenham, 48.6% of property is privately rented and 31.4% is privately owned outright.
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 2 May Trees, Cheltenham, 9.2% of residents are recorded as possessing school level qualifications and 57.7% 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 2 May Trees, Cheltenham, the average age was 41.2 and the most common age was 27.
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 2 May Trees, Cheltenham, 3.3% 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 2 May Trees, Cheltenham, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
