Housing Market Analysis for MERLIN WAY, GL53 0LU

Are you looking to understand GL53 0LU house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Cheltenham postcode.

For the location information and nearby amenities in the GL53 0LU area, explore the GL53 0LU Area information page.
For comprehensive crime statistics in the GL53 0LU area, explore the GL53 0LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the GL53 0LU postcode area, The average prices are as follows,

  • Detached
    • The average price is around £377,500 median price is £345,000 Standard Deviation is £102,135 with Total Sold: 11
    • The Last 5 Year average price is £475,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 42 MERLIN WAY: £475,000 (Sold on 17 Jul 2020)
    • The first recorded sale happened at this postcode is 28 MERLIN WAY: £250,000 (Sold on 08 Nov 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average GL53 0LU house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£475,000 £4,897 1
2018£462,000 £4,915 1
2017£575,000 £3,305 1
2015£345,000 £3,557 1
2014£475,000 £3,740 1
2012£312,000 £3,319 1
2007£410,0001
2005£277,500 £2,952 1
2004£285,0001
2003£286,0001
2002£250,0001

All the Sales in the MERLIN WAY, GL53 0LU

See the table below for more details on the sold house prices in the GL53 0LU, Cheltenham postcode.

AddressSold DatePrice% Change
42 MERLIN WAYDetached, FreeholdArea: 97 Sq.mtrAge: 1950-196617 Jul 2020£475,000First Sale
26 MERLIN WAYDetached, FreeholdArea: 94 Sq.mtrAge: 1967-197529 Aug 2018£462,000First Sale
34 MERLIN WAYDetached, FreeholdArea: 174 Sq.mtrAge: 1967-197521 Sep 2017£575,000First Sale
44 MERLIN WAYDetached, FreeholdArea: 97 Sq.mtrAge: 1967-197517 Dec 2015£345,000First Sale
36 MERLIN WAYDetached, FreeholdArea: 127 Sq.mtrAge: 1930-194904 Jul 2014£475,000First Sale
46 MERLIN WAYDetached, FreeholdArea: 94 Sq.mtrAge: 1967-197507 Sep 2012£312,00012.43%
19 Dec 2005£277,500First Sale
28 MERLIN WAYDetached, Freehold06 Sep 2007£410,00064.00%
08 Nov 2002£250,000First Sale
52 MERLIN WAYDetached, Freehold28 Oct 2004£285,000First Sale
32 MERLIN WAYDetached, Freehold17 Apr 2003£286,000First Sale

Check out the sold house prices near the GL53 0LU postcode. Properties currently for saleProperties currently for rent

MERLIN WAY, GL53 0LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the GL53 0LU postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the GL53 0LU postcode.

  • Terraced
    • The average price is around £223,073 median price is £207,500 Standard Deviation is £133,544 with Total Sold: 290
    • The Last 5 Year average price is £410,869 with Total Sold: 43
    • The most recent sale happened at this postcode is , 58 MOOREND PARK ROAD: £925,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 32 EYNON CLOSE: £45,000 (Sold on 05 Jan 1995)
  • Semi-Detached
    • The average price is around £296,285 median price is £250,000 Standard Deviation is £207,197 with Total Sold: 583
    • The Last 5 Year average price is £544,997 with Total Sold: 82
    • The most recent sale happened at this postcode is , 11 MORNINGTON DRIVE: £576,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 4 CROFT STREET: £68,500 (Sold on 10 Jan 1995)
  • Flat
    • The average price is around £129,742 median price is £104,000 Standard Deviation is £88,539 with Total Sold: 303
    • The Last 5 Year average price is £199,035 with Total Sold: 43
    • The most recent sale happened at this postcode is , 8 DORCHESTER COURT: £275,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 19, WATERFORD COURT MOOREND PARK ROAD: £55,000 (Sold on 24 Mar 1995)
  • Detached
    • The average price is around £446,001 median price is £380,000 Standard Deviation is £349,578 with Total Sold: 540
    • The Last 5 Year average price is £775,980 with Total Sold: 88
    • The most recent sale happened at this postcode is , 8 HALL ROAD: £1,528,000 (Sold on 14 Aug 2024)
    • The first recorded sale happened at this postcode is , 124 LECKHAMPTON ROAD: £86,000 (Sold on 04 Apr 1995)
  • Other
    • The average price is around £564,379 median price is £255,000 Standard Deviation is £578,283 with Total Sold: 7
    • The Last 5 Year average price is £313,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , 17 MERESTONES DRIVE: £1,000 (Sold on 18 Nov 2021)
    • The first recorded sale happened at this postcode is , 110 LECKHAMPTON ROAD: £743,650 (Sold on 28 Apr 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£451,000 £5,000 5
2023£376,000 £5,358 5
2022£431,667 £5,084 6
2021£397,029 £4,048 12
2020£434,300 £4,473 10
2019£367,000 £4,427 5
2018£345,333 £4,004 9
2017£330,714 £4,402 7
2016£307,905 £3,963 11
2015£249,564 £3,926 7
2014£260,246 £3,233 12
2013£256,993 £2,875 7
2012£215,107 £3,124 7
2011£246,467 £3,190 9
2010£243,912 £2,925 8
2009£192,425 £2,512 6
2008£267,714 £2,336 7
2007£250,064 £2,764 7
2006£272,625 £2,860 21
2005£219,000 £2,860 12
2004£189,300 £2,296 10
2003£167,892 £2,304 13
2002£154,583 £2,135 9
2001£129,532 £1,562 14
2000£116,933 £1,403 9
1999£90,950 £1,287 10
1998£84,845 £1,096 11
1997£68,898 £864 22
1996£56,312 £712 8
1995£54,182 £782 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£579,250 £9,746 4
2023£653,750 £5,176 16
2022£572,415 £5,771 15
2021£541,069 £4,412 20
2020£479,010 £4,630 15
2019£443,333 £4,157 12
2018£491,888 £4,352 13
2017£408,447 £4,091 19
2016£493,824 £4,033 17
2015£450,939 £3,583 19
2014£407,189 £3,390 18
2013£406,197 £3,434 15
2012£318,045 £3,098 21
2011£309,663 £2,654 13
2010£365,679 £2,874 14
2009£298,676 £2,584 17
2008£319,833 £2,955 9
2007£287,214 £3,014 21
2006£285,951 £2,673 38
2005£272,479 £2,474 29
2004£251,712 £2,349 26
2003£206,700 £2,054 17
2002£194,319 £1,984 21
2001£170,404 £1,479 28
2000£146,765 £1,250 17
1999£141,161 £1,162 23
1998£102,266 £918 31
1997£97,774 £860 23
1996£97,433 £776 26
1995£89,227 £684 26
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,500 £4,189 4
2023£230,500 £3,693 9
2022£199,500 £3,534 7
2021£240,278 £3,114 9
2020£172,167 £2,699 6
2019£137,750 £2,304 8
2018£165,000 £2,862 7
2017£155,750 £2,495 10
2016£191,900 £2,628 10
2015£144,083 £2,375 6
2014£151,197 £2,237 15
2013£143,033 £2,416 6
2012£159,650 £1,798 6
2011£122,900 £1,856 10
2010£127,583 £2,475 6
2009£124,191 £2,119 11
2008£156,750 £2,203 4
2007£198,285 £2,473 7
2006£156,854 £2,273 12
2005£174,291 £2,659 17
2004£181,052 £2,235 18
2003£114,919 £2,046 13
2002£97,250 £1,653 12
2001£77,654 £1,401 13
2000£67,314 £1,506 7
1999£54,633 £1,200 15
1998£60,271 £890 12
1997£46,216 £755 22
1996£48,297 £723 13
1995£45,562 £756 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£885,429 £5,626 7
2023£824,854 £5,388 12
2022£909,270 £6,492 10
2021£739,189 £4,871 22
2020£661,318 £4,606 17
2019£779,638 £6,630 20
2018£722,018 £4,801 11
2017£698,066 £4,681 22
2016£561,268 £3,962 28
2015£524,728 £3,675 18
2014£630,840 £4,004 21
2013£513,771 £3,409 12
2012£413,436 £3,290 20
2011£411,342 £3,092 19
2010£386,231 £2,994 13
2009£436,700 £3,134 20
2008£477,917 £3,020 12
2007£390,735 £2,851 32
2006£434,441 £2,833 27
2005£361,275 £2,733 18
2004£308,650 £2,213 21
2003£296,395 £2,271 19
2002£326,732 £2,107 17
2001£211,205 £1,572 14
2000£224,447 £1,285 19
1999£188,164 £1,186 21
1998£173,136 £1,012 14
1997£151,760 £976 21
1996£132,586 £975 18
1995£102,167 £843 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£334,000 £10 3
2020£250,000 £3,086 1
2018£1,700,0001
2017£499,325 £4,159 2

House Type in GL53 0LU area

The most common house types in the GL53 0LU postcode area are Detached (74), Semi-detached (36), and Terraced (1).

Total112
Detached74
Semi-detached36
Terraced1
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (72), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright72
Owned: Owns with a mortgage or loan37
Private rented: Private landlord or letting agency5
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the GL53 0LU have 2 people in household (36), and 1 person in household (32).

2 people in household36
1 person in household32
4 people in household23
3 people in household14
5 people in household7
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0