2, Mersey Road
2, Mersey Road
Description & Estimates
2, Mersey Road, Cheltenham is recorded publicly as a mid-century freehold house across 570 ft2 of internal area, sitting on a 119 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, Mersey Road, Cheltenham is £187,050 and its rental estimate is £918 per month, given the available information and assuming reasonable condition.
Mersey Road, Cheltenham, GL52 falls within the GL52 postal district, in the borough of Cheltenham.
Our Data Sources
2, Mersey Road, Cheltenham has 41 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Mersey Road, Cheltenham, we estimate a market value of £196,403 and a rental value of £963 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £173,957 and £853 per month respectively.
Recent Market Change
Over the last year, 2, Mersey Road, Cheltenham has seen its estimated sale value move up by £1,342 (0.7%) and its estimated rental value increase by £38 per month (4.1%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 2, Mersey Road, Cheltenham as measuring 119 m2.
That makes it the 8th largest plot in the postcode, where 10 of the 32 other houses have recorded plot data.
Energy Efficiency
2, Mersey Road, Cheltenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Mersey Road, Cheltenham completed on 13th September 2024 at £195,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 29.3% over the period since September 2024.
- Sold Sep 2024£195,000
- Sold Nov 2020£162,000
- Sold Sep 2005£106,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Mersey Road, Cheltenham have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was 2A, Mersey Road, Cheltenham, GL52 5NZ, a freehold house which sold for £170,000.
Read more about house prices in GL52.
- Sold Aug 2024£170,000 | 2 Bed House2A, Mersey Road, Cheltenham, GL52 5NZ2A, Mersey Road, Cheltenham, GL52 5NZ
- Sold Nov 2022£215,000 | 2 Bed House2B, Mersey Road, Cheltenham, GL52 5NZ2B, Mersey Road, Cheltenham, GL52 5NZ
- Sold Dec 2019£166,000 | 2 Bed House2D, Mersey Road, Cheltenham, GL52 5NZ2D, Mersey Road, Cheltenham, GL52 5NZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 67 addresses on Mersey Road, Cheltenham, GL52, 2, Mersey Road, Cheltenham comes out as the 56th largest and the 55th most expensive in our analysis of the public data.
It is also £221k less expensive than the average property across the GL52 district.
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Schools Nearby
- 700mHoly Apostles' Church of England Primary School
- 800mOakwood Primary School
- 900mHoly Trinity Church of England Primary School
- 1.2kmPittville School
- 2.5kmBalcarras School
- 3.6kmCheltenham Bournside School and Sixth Form Centre
More reading links
Public Transport Nearby
From 2, Mersey Road, Cheltenham, the nearest station is Cheltenham Spa, 3.1 kilometres away.
- 3.1kmCheltenham Spa
- 11.4kmAshchurch for Tewkesbury
- 13.3kmGloucester
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
