According to the public record, 58A, Melville Estate, Cheltenham is a modern freehold house with 956 ft2 of internal area and sits on a 198 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melville Estate, Bourton-On-The-Water, Cheltenham, GL54 is located in the borough of Cotswold within the GL54 postal district.
58A, Melville Estate, Cheltenham has a single entry in the Land Registry database from February 2015 and a single entry in the EPC database dated December 2009.
We combine this information with that 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 58A Melville Estate Cheltenham as £282,515 and the rental value as £1,191 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 58A Melville Estate Cheltenham has increased by £8,005 (2.8%) and its rental value has increased by £24 per month (2.0%).
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 58A, Melville Estate, Cheltenham is in very good condition we estimate a sale value of £296,640 and rental value of £1,250 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £262,739 and a rental value of £1,107 per month.
If you were able to purchase this property for the estimated value of £282,515, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,388 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 data from HM Land Registry, 58A, Melville Estate, Cheltenham sits on a plot of 198m2.
We have plot size data on 21 out of 41 other houses in the postcode and 58A, Melville Estate, Cheltenham sits on the 12th largest plot.
According to HM Land Registry, 58A, Melville Estate, Cheltenham was last sold on 13 Feb 2015 for £165,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2015, the market for similar properties has risen 51.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 58A, Melville Estate, Cheltenham within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 16, Beddome Way, Cheltenham, GL54 2GZ, a Freehold house which sold for £325,000 in Jun 2022.
Read more about house prices in GL54.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melville Estate, Bourton-On-The-Water, Cheltenham, GL54 has a total of 78 addresses. According to our analysis of all the public data, 58A, Melville Estate, Cheltenham is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £260k less expensive than the average property in GL54.
58A, Melville Estate, Cheltenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Dec 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 58A, Melville Estate, Cheltenham is Kingham station which is 8.9 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 58A, Melville Estate, Cheltenham, 45.3% of property is socially rented and 24.8% is privately owned outright.
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 58A, Melville Estate, Cheltenham, 20.4% of residents are recorded as possessing school level qualifications and 18.8% 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 58A, Melville Estate, Cheltenham, the average age was 44.7 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 58A, Melville Estate, Cheltenham, 1.1% 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 58A, Melville Estate, 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.