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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, 45, Pitman Road, Cheltenham is a mid-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 45, Pitman Road, Cheltenham is £95,814 and the estimated rental value is £581 per month.
Pitman Road, Cheltenham, GL51 is located in the borough of Cheltenham within the GL51 postal district.
45, Pitman Road, Cheltenham has a single entry in the Land Registry from December 2012 and a single entry in the EPC database dated May 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 45, Pitman Road, Cheltenham is in very good condition we estimate a sale value of £100,605 and a rental value of £610 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £89,107 and a rental value of £540 per month.
Over the last 12 months the sale value of 45 Pitman Road Cheltenham has increased by an estimated £358 (0.4%) and its rental value has increased by an estimated £16 per month (2.8%), giving an expected gross yield of 7.3%.
45, Pitman Road, Cheltenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 45, Pitman Road, Cheltenham was last sold on 21st December 2012 for £54,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2012, the market for similar properties has risen 117.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Pitman Road, Cheltenham within a radius of 520 metres over the last 2 years.
The most recent example is Apartment 4, Tibbett Court, Pinewood Drive, Cheltenham, GL51 0GP, a leasehold flat which sold for £83,750 on the 25th June 2024.
Read more about house prices in GL51.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pitman Road, Cheltenham, GL51 has a total of 108 addresses. According to our analysis of all the public data, 45, Pitman Road, Cheltenham is the 59th largest and the 67th most expensive property on the street.
When compared to the postcode district it is £226k less expensive than the average property in GL51.
The closest station to 45, Pitman Road, Cheltenham is Cheltenham Spa station which is 1.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 45, Pitman Road, Cheltenham, 64.1% of property is socially rented and 14.1% 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 45, Pitman Road, Cheltenham, 20.8% of residents are recorded as possessing school level qualifications and 23.4% 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 45, Pitman Road, Cheltenham, the average age was 35.9 and the most common age was 32.
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 45, Pitman Road, 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 45, Pitman Road, Cheltenham, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.
