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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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6, Old Reddings Close, Cheltenham is recorded publicly as a mid-century freehold house across 828 ft2 of internal area, sitting on a 284 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 6, Old Reddings Close, Cheltenham is £318,068 and its rental estimate is £1,467 per month, given the available information and assuming reasonable condition.
Old Reddings Close, The Reddings, Cheltenham, GL51 falls within the GL51 postal district, in the borough of Cheltenham.
6, Old Reddings Close, Cheltenham has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated September 2023.
We combine this information with that 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.
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 6, Old Reddings Close, Cheltenham, we estimate a market value of £333,972 and a rental value of £1,540 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £295,803 and £1,364 per month respectively.
Over the last year, 6, Old Reddings Close, Cheltenham has seen its estimated sale value rise by £2,059 (0.6%) and its estimated rental value move up by £56 per month (3.8%). This results in an estimated gross rental yield of 5.5%.
HM Land Registry records the plot of land for 6, Old Reddings Close, Cheltenham as measuring 284 m2.
That makes it the 10th largest plot in the postcode, where all 15 other houses have recorded plot data.
6, Old Reddings Close, Cheltenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 6, Old Reddings Close, Cheltenham completed on 14th June 2024 at £315,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 6.7% over the period since June 2024.
Over the past 2 years 3 properties similar to 6, Old Reddings Close, Cheltenham have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th January 2025, was 4, Old Reddings Road, Cheltenham, GL51 6RZ, 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.
Of the 15 addresses on Old Reddings Close, The Reddings, Cheltenham, GL51, 6, Old Reddings Close, Cheltenham comes out as the 15th largest and the 13th most expensive in our analysis of the public data.
It is also £3k less expensive than the average property across the GL51 district.
From 6, Old Reddings Close, Cheltenham, the nearest station is Cheltenham Spa, 2.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Old Reddings Close, Cheltenham, 59.4% of property is privately owned outright and 23.8% 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 6, Old Reddings Close, Cheltenham, 15.4% of residents are recorded as possessing school level qualifications and 24.8% 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 6, Old Reddings Close, Cheltenham, the average age was 43.7 and the most common age was 57.
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 6, Old Reddings Close, Cheltenham, 0.3% 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 6, Old Reddings Close, Cheltenham, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
