7 Merestones Close

    7, MERESTONES CLOSE, CHELTENHAM, GL50 2ST

    This detached freehold property on Merestones Close last sold in September 2018 for £555,000. Based on price growth in the GL50 district since then, its estimated current value is £626,302 — placing it in the 87th percentile nationally and the 85th percentile within GL50. The property covers 123 m² (1,324 sq ft), giving an estimated value of £5,092 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    123 m²

    (1,324 sq ft)

    Last Sale Price

    £555,000

    Sept 2018

    Estimated Valuation

    £626,302

    Est. £/m²

    £5,092/m²

    £473/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area123 m² (1,324 sq ft)
    EPC dateApr 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 Sept 2018

    £555,000

    Key Metrics

    Estimated valuation£626,302
    Value per m² / sq ft£5,092/m² (£473/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    GL50 district percentile85th percentile
    National percentile87th percentile

    District Context — GL50

    GL50 covers Cheltenham and its surrounding areas in Gloucestershire, located in the west of England. It is an affluent spa town with strong cultural attractions, good schools, and appeal to both families and young professionals.

    Average Property Price - GL50

    £399,680

    67

    National percentile

    Average Net Household Income - GL50

    £40,676

    61

    National percentile

    10-Year Annualised Price Growth - GL50

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - GL

    4.2%

    65

    National percentile

    View full analysis for GL50

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