2 Nimbus House, Cheltenham
2 Nimbus House, Cheltenham
Description & Estimates
2 Nimbus House, Cheltenham is recorded publicly as a modern leasehold apartment across 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 2 Nimbus House, Cheltenham is £171,352 and its rental estimate is £891 per month, given the available information and assuming reasonable condition.
Nimbus House, Gemini Close is a residential building on Gemini Close, Cheltenham, GL51 and falls within the GL51 postal district and the borough of Cheltenham.
Our Data Sources
2 Nimbus House, Cheltenham has a single entry in the Land Registry from April 2008 and a single entry in the EPC database dated January 2019.
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 Nimbus House, Cheltenham, we estimate a market value of £179,920 and a rental value of £936 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £159,358 and £829 per month respectively.
Recent Market Change
Over the last year, 2 Nimbus House, Cheltenham has seen its estimated sale value decrease by £96 (0.1%) and its estimated rental value grow by £28 per month (3.1%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
2 Nimbus House, Cheltenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jan 2019.
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 Nimbus House, Cheltenham completed on 18th April 2008 at £161,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 19.1% over the period since April 2008.
- Sold Apr 2008£161,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2 Nimbus House, Cheltenham have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th July 2022, was 23 Nimbus House, Gemini Close, Cheltenham, GL51 0FH, a leasehold flat which sold for £150,000.
Read more about house prices in GL51.
- Sold Jul 2022£150,000 | 2 Bed Flat23 Nimbus House, Gemini Close, Cheltenham, GL51 0FH23 Nimbus House, Gemini Close, Cheltenham, GL51 0FH
- Sold Nov 2021£147,500 | 2 Bed Flat20 Nimbus House, Gemini Close, Cheltenham, GL51 0FH20 Nimbus House, Gemini Close, Cheltenham, GL51 0FH
- Sold Sep 2014£135,000 | 2 Bed Flat26 Nimbus House, Gemini Close, Cheltenham, GL51 0FH26 Nimbus House, Gemini Close, Cheltenham, GL51 0FH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 44 addresses on Gemini Close, Cheltenham, GL51, 2 Nimbus House, Cheltenham comes out as the 38th largest and the 38th most expensive in our analysis of the public data.
It is also £150k less expensive than the average property across the GL51 district.
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Schools Nearby
- 600mSt Mark's Church of England Junior School
- 700mBenhall Infant School
- 900mSt Thomas More Catholic Primary School
- 1.3kmPate's Grammar School
- 1.9kmCheltenham Bournside School and Sixth Form Centre
- 2.2kmAll Saints' Academy, Cheltenham
More reading links
Public Transport Nearby
From 2 Nimbus House, Cheltenham, the nearest station is Cheltenham Spa, 1.7 kilometres away.
- 1.7kmCheltenham Spa
- 8.5kmGloucester
- 11.5kmAshchurch for Tewkesbury
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
