According to the public record, 42, Millham Road, Cheltenham is a modern apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 42, Millham Road, Bishops Cleeve, Cheltenham, GL52.
Millham Road, Bishops Cleeve, Cheltenham, GL52 is located in the borough of Tewkesbury within the GL52 postal district.
42, Millham Road, Cheltenham has no records in the Land Registry database and 2 entries in the EPC database, most recently in January 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 42 Millham Road Cheltenham as £139,706 and the rental value as £756 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 42 Millham Road Cheltenham has increased by £2,119 (1.5%) and its rental value has decreased by £7 per month (1.0%).
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 42, Millham Road, Cheltenham is in very good condition we estimate a sale value of £146,692 and rental value of £793 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £129,927 and a rental value of £703 per month.
If you were able to purchase this property for the estimated value of £139,706, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £687 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Millham Road, Cheltenham within a radius of 438m over the last 2 years.
The most recent example is 3, Rectory Court, Cheltenham, GL52 8LJ, a Leasehold flat which sold for £99,000 in Jul 2023.
Read more about house prices in GL52.
Millham Road, Bishops Cleeve, Cheltenham, GL52 has a total of 99 addresses. According to our analysis of all the public data, 42, Millham Road, Cheltenham is the 95th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £266k less expensive than the average property in GL52.
42, Millham Road, Cheltenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 42, Millham Road, Cheltenham is Cheltenham Spa station which is 6.7 km 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 42, Millham Road, Cheltenham, 52.4% of property is socially rented and 21.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 42, Millham Road, Cheltenham, 21.9% of residents are recorded as possessing school level qualifications and 24.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 42, Millham Road, 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 42, Millham 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 42, Millham Road, Cheltenham, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.