38, Old Mill Road
38, Old Mill Road
Description & Estimates
The public record describes 38, Old Mill Road, Cheltenham as a modern house with 742 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
38, Old Mill Road, Cheltenham has an estimated sale value of £229,621 and an estimated rental value of £1,220 per month, assuming reasonable condition and based on the information available.
Old Mill Road, Cheltenham, GL51 lies in the borough of Cheltenham, within the GL51 postal district.
Our Data Sources
38, Old Mill Road, Cheltenham has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 38, Old Mill Road, Cheltenham would be worth £241,102, with a potential rental value of £1,281 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £213,547, with a rental value of £1,134 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 38, Old Mill Road, Cheltenham has grown by £1,486 (0.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £46 (3.8%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
38, Old Mill Road, Cheltenham has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 28 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.0 kilometres of 38, Old Mill Road, Cheltenham across the last 2 years.
Most recently, 17, William Gough Close, Cheltenham, GL51 0QL, a freehold house, sold at £212,000 on the 3rd September 2024.
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
Our analysis of the public data ranks 38, Old Mill Road, Cheltenham as the 46th largest and the 43rd most expensive of the 53 addresses on Old Mill Road, Cheltenham, GL51.
Against the GL51 postcode district average, it is £91k less expensive than the typical property.
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Schools Nearby
- 600mSpringbank Primary Academy
- 1.2kmHesters Way Primary School
- 1.5kmSt Thomas More Catholic Primary School
- 1.1kmAll Saints' Academy, Cheltenham
- 1.3kmPate's Grammar School
- 3.7kmCheltenham Bournside School and Sixth Form Centre
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Public Transport Nearby
Cheltenham Spa station is the nearest stop to 38, Old Mill Road, Cheltenham at 2.8 kilometres away.
- 2.8kmCheltenham Spa
- 9.2kmAshchurch for Tewkesbury
- 9.7kmGloucester
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
