Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 7, Merlin Way, Cheltenham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 922 ft2 of internal area and sits on a 334 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Merlin Way, Cheltenham is £504,630 and the estimated rental value is £2,308 per month.
Merlin Way, Cheltenham, GL53 is located in the borough of Cheltenham within the GL53 postal district.
7, Merlin Way, Cheltenham has a single entry in the Land Registry from November 2007 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 7, Merlin Way, Cheltenham is in very good condition we estimate a sale value of £529,862 and a rental value of £2,424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,306 and a rental value of £2,147 per month.
Over the last 12 months the sale value of 7 Merlin Way Cheltenham has increased by an estimated £4,699 (0.9%) and its rental value has increased by an estimated £75 per month (3.2%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 7, Merlin Way, Cheltenham sits on a plot of 334m2.
We have plot size data on 10 out of 11 other houses in the postcode and 7, Merlin Way, Cheltenham sits on the 9th largest plot.
According to HM Land Registry, 7, Merlin Way, Cheltenham was last sold on 30th November 2007 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2007, the market for similar properties has risen 55.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Merlin Way, Cheltenham within a radius of 620 metres over the last 2 years.
The most recent example is 7, Highwood Avenue, Cheltenham, GL53 0JJ, a freehold house which sold for £488,000 on the 3rd December 2024.
Read more about house prices in GL53.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merlin Way, Cheltenham, GL53 has a total of 37 addresses. According to our analysis of all the public data, 7, Merlin Way, Cheltenham is the 36th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in GL53.
The closest station to 7, Merlin Way, Cheltenham is Cheltenham Spa station which is 1.9 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 7, Merlin Way, Cheltenham, 54.0% of property is privately owned outright and 38.0% 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 7, Merlin Way, Cheltenham, 21.1% of residents are recorded as possessing school level qualifications and 62.2% 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 7, Merlin Way, 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 7, Merlin Way, Cheltenham, 1.7% 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 7, Merlin Way, Cheltenham, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
