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According to the public record, 8, Addis Road, Cheltenham is a mid-century freehold house with 861 ft2 of internal area and sits on a 169 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Addis Road, Cheltenham is £193,561 and the estimated rental value is £1,010 per month.
Addis Road, Cheltenham, GL51 is located in the borough of Cheltenham within the GL51 postal district.
8, Addis Road, Cheltenham has a single entry in the Land Registry from December 2013 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 1 out of 5 and is considered of low 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 8, Addis Road, Cheltenham is in very good condition we estimate a sale value of £203,239 and a rental value of £1,060 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £180,012 and a rental value of £939 per month.
Over the last 12 months the sale value of 8 Addis Road Cheltenham has increased by an estimated £1,253 (0.6%) and its rental value has increased by an estimated £38 per month (3.8%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 8, Addis Road, Cheltenham sits on a plot of 169m2.
We have plot size data on 4 out of 4 other houses in the postcode and 8, Addis Road, Cheltenham sits on the 3rd largest plot.
8, Addis Road, Cheltenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 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, 8, Addis Road, Cheltenham was last sold on 13th December 2013 for £120,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2013, the market for similar properties has risen 114.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Addis Road, Cheltenham within a radius of 570 metres over the last 2 years.
The most recent example is 40, Bridge Street, Cheltenham, GL51 9DH, a freehold house which sold for £225,000 on the 22nd September 2023.
Read more about house prices in GL51.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Addis Road, Cheltenham, GL51 has a total of 10 addresses. According to our analysis of all the public data, 8, Addis Road, Cheltenham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in GL51.
The closest station to 8, Addis Road, Cheltenham is Cheltenham Spa station which is 1.5 kilometres away.
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 8, Addis Road, Cheltenham, 39.7% of property is socially rented and 35.5% is privately rented.
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 8, Addis Road, Cheltenham, 16.2% of residents are recorded as possessing school level qualifications and 28.0% 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 8, Addis Road, Cheltenham, the average age was 42 and the most common age was 37.
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 8, Addis 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 8, Addis Road, Cheltenham, there are an average of 0.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.