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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 40, Pilley Lane, Cheltenham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 414 ft2 of internal area and sits on a 159 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Pilley Lane, Cheltenham is £262,809 and the estimated rental value is £1,255 per month.
Pilley Lane, Cheltenham, GL53 is located in the borough of Cheltenham within the GL53 postal district.
40, Pilley Lane, Cheltenham has a single entry in the Land Registry from December 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 40, Pilley Lane, Cheltenham is in very good condition we estimate a sale value of £275,950 and a rental value of £1,318 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,413 and a rental value of £1,167 per month.
Over the last 12 months the sale value of 40 Pilley Lane Cheltenham has increased by an estimated £2,808 (1.1%) and its rental value has increased by an estimated £51 per month (4.1%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 40, Pilley Lane, Cheltenham sits on a plot of 159m2.
We have plot size data on 11 out of 12 other houses in the postcode and 40, Pilley Lane, Cheltenham sits on the 7th largest plot.
According to HM Land Registry, 40, Pilley Lane, Cheltenham was last sold on 20th December 2017 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2017, the market for similar properties has risen 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 680 metres radius of 40, Pilley Lane, Cheltenham over the last 2 years.
The most recent example is 36, Pilley Lane, Cheltenham, GL53 9ER, a freehold house which sold for £437,995 on the 29th July 2022.
Read more about house prices in GL53.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pilley Lane, Cheltenham, GL53 has a total of 83 addresses. According to our analysis of all the public data, 40, Pilley Lane, Cheltenham is the 83rd largest and the 30th most expensive property on the street.
When compared to the postcode district it is £318k less expensive than the average property in GL53.
The closest station to 40, Pilley Lane, Cheltenham is Cheltenham Spa station which is 2.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 40, Pilley Lane, Cheltenham, 43.8% of property is privately owned outright and 25.6% 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 40, Pilley Lane, Cheltenham, 13.2% of residents are recorded as possessing school level qualifications and 40.4% 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 40, Pilley Lane, Cheltenham, the average age was 45.1 and the most common age was 52.
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 40, Pilley Lane, Cheltenham, 1.0% 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 40, Pilley Lane, Cheltenham, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
