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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
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According to the public record, 3, Merchant Close, Cheltenham is a modern freehold house with 2,185 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Merchant Close, Cheltenham is £734,595 and the estimated rental value is £2,616 per month.
Merchant Close, Winchcombe, Cheltenham, GL54 is located in the borough of Tewkesbury within the GL54 postal district.
3, Merchant Close, Cheltenham has a single entry in the Land Registry from December 2024 and a single entry in the EPC database dated October 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 3, Merchant Close, Cheltenham is in very good condition we estimate a sale value of £771,325 and a rental value of £2,747 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £683,173 and a rental value of £2,433 per month.
Over the last 12 months the sale value of 3 Merchant Close Cheltenham has decreased by an estimated £25,971 (3.5%) and its rental value has increased by an estimated £44 per month (1.7%), giving an expected gross yield of 4.3%.
3, Merchant Close, Cheltenham has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 08 Oct 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Merchant Close, Cheltenham was last sold on 3rd December 2024 for £795,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2024, the market for similar properties has risen 50.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Merchant Close, Cheltenham within a radius of 920 metres over the last 2 years.
The most recent example is 2, Pickering Close, Cheltenham, GL54 5GJ, a freehold house which sold for £795,000 on the 29th May 2025.
Read more about house prices in GL54.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merchant Close, Winchcombe, Cheltenham, GL54 has a total of 6 addresses. According to our analysis of all the public data, 3, Merchant Close, Cheltenham is the largest and the most expensive property on the street.
When compared to the postcode district it is £175k more expensive than the average property in GL54.
The closest station to 3, Merchant Close, Cheltenham is Ashchurch for Tewkesbury station which is 10.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Merchant Close, Cheltenham, 68.9% of property is privately owned outright and 24.2% 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 3, Merchant Close, Cheltenham, 10.4% of residents are recorded as possessing school level qualifications and 54.9% 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 3, Merchant Close, Cheltenham, the average age was 48.1 and the most common age was 72.
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 3, Merchant Close, Cheltenham, 0.0% 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 3, Merchant Close, Cheltenham, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
