39 Merestones Drive

    39, MERESTONES DRIVE, CHELTENHAM, GL50 2SU

    This detached freehold property on Merestones Drive last sold in March 2024 for £505,000. Based on price growth in the GL50 district since then, its estimated current value is £357,602 — placing it in the 60th percentile nationally and the 62nd percentile within GL50. The property covers 116 m² (1,249 sq ft), giving an estimated value of £3,083 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    116 m²

    (1,249 sq ft)

    Last Sale Price

    £505,000

    Mar 2024

    Estimated Valuation

    £357,602

    Est. £/m²

    £3,083/m²

    £286/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area116 m² (1,249 sq ft)
    EPC dateAug 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Mar 2024

    £505,000

    16 Jul 2001

    £200,000

    2 Jun 1997

    £109,000

    27 Nov 1995

    £100,000

    5 Oct 1995

    £105,000

    Key Metrics

    Estimated valuation£357,602
    Value per m² / sq ft£3,083/m² (£286/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    GL50 district percentile62nd percentile
    National percentile60th 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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