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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, 8, The Close, Cheltenham is a mid-century freehold house with 979 ft2 of internal area and sits on a 340 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, The Close, Cheltenham is £379,239 and the estimated rental value is £1,897 per month.
The Close, Cheltenham, GL53 is located in the borough of Cheltenham within the GL53 postal district.
8, The Close, Cheltenham has 2 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated April 2022.
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 8, The Close, Cheltenham is in very good condition we estimate a sale value of £398,200 and a rental value of £1,992 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £352,692 and a rental value of £1,765 per month.
Over the last 12 months the sale value of 8 The Close Cheltenham has increased by an estimated £3,532 (0.9%) and its rental value has increased by an estimated £62 per month (3.2%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 8, The Close, Cheltenham sits on a plot of 340m2.
We have plot size data on 13 out of 13 other houses in the postcode and 8, The Close, Cheltenham sits on the 7th largest plot.
8, The Close, Cheltenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Apr 2022.
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, The Close, Cheltenham was last sold on 17th October 2022 for £347,777 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2022, the market for similar properties has risen 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, The Close, Cheltenham within a radius of 860 metres over the last 2 years.
The most recent example is 5, Thompson Drive, Cheltenham, GL53 0PJ, a freehold house which sold for £355,000 on the 26th July 2023.
Read more about house prices in GL53.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Close, Cheltenham, GL53 has a total of 32 addresses. According to our analysis of all the public data, 8, The Close, Cheltenham is the 10th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in GL53.
The closest station to 8, The Close, Cheltenham is Cheltenham Spa station which is 2.8 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 8, The Close, Cheltenham, 58.1% of property is privately owned outright and 29.4% 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 8, The Close, Cheltenham, 21.7% of residents are recorded as possessing school level qualifications and 48.4% 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 8, The Close, 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 8, The Close, Cheltenham, 0.6% 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, The Close, Cheltenham, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
