20, Old Reddings Close
20, Old Reddings Close
Description & Estimates
20, Old Reddings Close, Cheltenham is described in the public record as a modern house with 1,140 ft2 of internal area, sitting on a 501 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 20, Old Reddings Close, Cheltenham is £374,992 and its rental estimate is £1,752 per month, given the available information and assuming reasonable condition.
Old Reddings Close, The Reddings, Cheltenham, GL51 falls within the GL51 postal district, in the borough of Cheltenham.
Our Data Sources
20, Old Reddings Close, Cheltenham has no records in the the Land Registry and a single entry in the EPC database dated December 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 20, Old Reddings Close, Cheltenham, we estimate a market value of £393,742 and a rental value of £1,839 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £348,743 and £1,629 per month respectively.
Recent Market Change
Over the last year, 20, Old Reddings Close, Cheltenham has seen its estimated sale value move up by £1,468 (0.4%) and its estimated rental value increase by £62 per month (3.5%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 20, Old Reddings Close, Cheltenham as measuring 501 m2.
That makes it the largest plot in the postcode, where all 15 other houses have recorded plot data.
Energy Efficiency
20, Old Reddings Close, Cheltenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Dec 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 20, Old Reddings Close, Cheltenham have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th June 2024, was 20, Messenger Way, Cheltenham, GL51 6GH, a freehold house which sold for £375,000.
Read more about house prices in GL51.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 15 addresses on Old Reddings Close, The Reddings, Cheltenham, GL51, 20, Old Reddings Close, Cheltenham comes out as the largest and the most expensive in our analysis of the public data.
It is also £54k more expensive than the average property across the GL51 district.
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Schools Nearby
- 700mSt Mark's Church of England Junior School
- 800mBenhall Infant School
- 800mLakeside Primary School
- 1.9kmCheltenham Bournside School and Sixth Form Centre
- 2.3kmPate's Grammar School
- 2.4kmChosen Hill School
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Public Transport Nearby
From 20, Old Reddings Close, Cheltenham, the nearest station is Cheltenham Spa, 2.2 kilometres away.
- 2.2kmCheltenham Spa
- 8.0kmGloucester
- 12.5kmAshchurch 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.
