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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, Millbank, Cheltenham is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 2,225 ft2 of internal area and sits on a 1,851 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Millbank, Cheltenham is £805,424 and the estimated rental value is £2,274 per month.
Oxenton, Cheltenham, GL52 is located in the borough of Tewkesbury within the GL52 postal district.
Millbank, Cheltenham has a single entry in the Land Registry from April 2014 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 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 Millbank, Cheltenham is in very good condition we estimate a sale value of £845,695 and a rental value of £2,388 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £749,044 and a rental value of £2,115 per month.
Over the last 12 months the sale value of Millbank Cheltenham has decreased by an estimated £6,634 (0.8%) and its rental value has increased by an estimated £63 per month (2.8%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, Millbank, Cheltenham sits on a plot of 1851m2.
We have plot size data on 30 out of 42 other houses in the postcode and Millbank, Cheltenham sits on the 8th largest plot.
According to HM Land Registry, Millbank, Cheltenham was last sold on 24th April 2014 for £675,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2014, the market for similar properties has risen 60.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Millbank, Cheltenham within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 12, Shutter Lane, Cheltenham, GL52 9EZ, a freehold house which sold for £860,000 on the 12th October 2023.
Read more about house prices in GL52.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oxenton, Cheltenham, GL52 has a total of 42 addresses. According to our analysis of all the public data, Millbank, Cheltenham is the 9th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £397k more expensive than the average property in GL52.
The closest station to Millbank, Cheltenham is Ashchurch for Tewkesbury station which is 3.6 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 Millbank, Cheltenham, 69.5% of property is privately owned outright and 14.6% 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 Millbank, Cheltenham, 15.4% of residents are recorded as possessing school level qualifications and 30.9% 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 Millbank, Cheltenham, the average age was 46.2 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 Millbank, 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 Millbank, Cheltenham, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
