40, Read Way
40, Read Way
Description & Estimates
The public record describes 40, Read Way, Cheltenham as a modern house with 904 ft2 of internal area, sitting on a 436 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Read Way, Cheltenham has an estimated sale value of £332,649 and an estimated rental value of £1,542 per month, assuming reasonable condition and based on the information available.
Read Way, Bishops Cleeve, Cheltenham, GL52 lies in the borough of Tewkesbury, within the GL52 postal district.
Our Data Sources
40, Read Way, Cheltenham has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 40, Read Way, Cheltenham would be worth £349,282, with a potential rental value of £1,619 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £309,364, with a rental value of £1,434 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 40, Read Way, Cheltenham has risen by £2,084 (0.6%) over the last year. During the same period, its estimated monthly rental value has moved up by £61 (4.0%). The property's estimated gross yield is currently 5.6%.
Plot Size
40, Read Way, Cheltenham occupies a 436 m2 plot as recorded by HM Land Registry.
All 65 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
40, Read Way, Cheltenham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jul 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
40, Read Way, Cheltenham last changed hands on 29th July 1999, selling for £90,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Jul 1999£90,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 720 metres of 40, Read Way, Cheltenham across the last 2 years.
Most recently, 9, Furlong Lane, Cheltenham, GL52 8NJ, a freehold house, sold at £321,500 on the 22nd October 2025.
Read more about house prices in GL52.
•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 40, Read Way, Cheltenham as the 20th largest and the 38th most expensive of the 67 addresses on Read Way, Bishops Cleeve, Cheltenham, GL52.
Against the GL52 postcode district average, it is £75k less expensive than the typical property.
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Schools Nearby
- 200mGrangefield Primary School
- 700mBishops Cleeve Primary Academy
- 1.3kmWoodmancote School
- 600mCleeve School
- 3.2kmPittville School
- 4.3kmAll Saints' Academy, Cheltenham
More reading links
Public Transport Nearby
Cheltenham Spa station is the nearest stop to 40, Read Way, Cheltenham at 5.4 kilometres away.
- 5.4kmCheltenham Spa
- 7.2kmAshchurch for Tewkesbury
- 14.6kmGloucester
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
