50, Springbank Way
50, Springbank Way
Description & Estimates
50, Springbank Way, Cheltenham is recorded publicly as a mid-century freehold house across 1,107 ft2 of internal area, sitting on a 225 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 50, Springbank Way, Cheltenham is £302,622 and its rental estimate is £1,518 per month, given the available information and assuming reasonable condition.
Springbank Way, Cheltenham, GL51 falls within the GL51 postal district, in the borough of Cheltenham.
Our Data Sources
50, Springbank Way, Cheltenham has 31 entries in the Land Registry , most recently in February 2011 and a single entry in the EPC database dated October 2010.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 50, Springbank Way, Cheltenham, we estimate a market value of £317,753 and a rental value of £1,594 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £281,438 and £1,412 per month respectively.
Recent Market Change
Over the last year, 50, Springbank Way, Cheltenham has seen its estimated sale value rise by £1,959 (0.6%) and its estimated rental value move up by £58 per month (3.8%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 50, Springbank Way, Cheltenham as measuring 225 m2.
That makes it the 4th largest plot in the postcode, where all 10 other houses have recorded plot data.
Energy Efficiency
50, Springbank Way, Cheltenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Oct 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 50, Springbank Way, Cheltenham completed on 2nd February 2011 at £186,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 110.6% over the period since February 2011.
- Sold Feb 2011£186,000
- Sold May 2003£128,000
- Sold Aug 1999£69,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 50, Springbank Way, Cheltenham have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th February 2025, was 30, Beaumont Drive, Cheltenham, GL51 0LF, a freehold house which sold for £280,000.
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
Of the 56 addresses on Springbank Way, Cheltenham, GL51, 50, Springbank Way, Cheltenham comes out as the 11th largest and the 13th most expensive in our analysis of the public data.
It is also £18k less expensive than the average property across the GL51 district.
More reading links
Schools Nearby
- 300mSpringbank Primary Academy
- 600mHesters Way Primary School
- 1.1kmSt Thomas More Catholic Primary School
- 600mAll Saints' Academy, Cheltenham
- 700mPate's Grammar School
- 3.2kmCheltenham Bournside School and Sixth Form Centre
More reading links
Public Transport Nearby
From 50, Springbank Way, Cheltenham, the nearest station is Cheltenham Spa, 2.2 kilometres away.
- 2.2kmCheltenham Spa
- 9.6kmAshchurch for Tewkesbury
- 9.8kmGloucester
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
