Property profile

62 Springbank Road

Map showing 62 Springbank Road, Cheltenham

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£305,000

Semi-Detached sold in Springbank

The box shows the middle 50% of semi-detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold20 Dec 2024
£275,000Change since last sale: +£32,000 (+12%)
Annualised change
+6.3% per yearCheltenham annualised change (semi-detached) since 2024: −1.3% per yearThis property outperformed the market
Price per sq ftLocal median £330 per sq ft
£356 per sq ftEstimate vs local median: +£27 per sq ft (+8.1%)
Local sold pricesMedian for semi-detached in Springbank
£278,850Estimate vs local median: +£28,000 (+10.0%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Semi-Detached
TenureFreehold
Construction period1950-1966
Floor area80 m² / 861 sq ft
Rooms4 habitable / 4 heated
EPC ratingD
EPC inspection23 Aug 2023

Sales history

DatePriceChange
20 Dec 2024£275,000+94%
08 Mar 2013£141,950+103%
08 Jun 1999£69,995-

Local market

Property prices in Springbank

Median price: £267,000
Price per sq ft: £336
Sales (last 12 months): 73
Typical range (middle 50%): £225K – £298K

Based on 73 recent sales, the median property price is £267,000 (about £336 per square foot) in Springbank area, with individual transactions ranging from £64,000 up to £450,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Springbank over the last year.
TypeSalesMedian£/sq ft
Detached7£375,000£369
Semi-Detached34£278,850£330
Terraced29£248,000£337
Flats3£117,500£335

10-year price trendmedian sale price in Springbank

Sale price

Ten year median sale price trend for each property type in Springbank.
YearDetachedFlatsSemi-DetachedTerraced
2016£230,000£113,000£199,975£165,000
2017£245,000£100,000£194,750£162,750
2018£280,000£126,000£215,000£172,500
2019£266,000£170,000£218,750£187,500
2020£289,000£118,000£222,500£180,000
2021£277,500£123,250£242,500£203,000
2022£346,000£160,000£264,250£227,500
2023£335,000£149,000£250,000£255,000
2024£315,000£119,000£270,000£234,250
2025£355,000£117,500£275,000£215,000
2026£398,750£220,000£294,000£249,000
Ten year median sale price trend for each property type in Springbank.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Springbank.
YearDetachedFlatsSemi-DetachedTerraced
2016£253£251£238£217
2017£222£231£238£256
2018£254£227£250£259
2019£262£263£242£253
2020£300£266£257£268
2021£242£266£269£259
2022£359£297£305£333
2023£329£310£335£340
2024£336£343£310£328
2025£382£325£326£336
2026£342£335£335£336
Ten year median sale price per square foot trend for each property type in Springbank.

Price distribution by property typelast 12 months

Price distribution by property type for Springbank in the last year.

Recent sales

There were 38 recent sold properties in the last 18 months near GL51 0NJ.

Recent sold properties in the last 18 months near GL51 0NJ
DateAddressTypeTenurePriceMap
29 Jul 202564, Springbank Road, Cheltenham, GL51 0NJSemi-DetachedFreehold£310,000
30 Jun 202623, Tiverton Close, Cheltenham, GL51 0NNSemi-DetachedFreehold£265,000
07 Oct 202551, Springbank Road, Cheltenham, GL51 0NUSemi-DetachedFreehold£270,000
01 May 202569, Springbank Road, Cheltenham, GL51 0NUSemi-DetachedFreehold£235,500
17 Jul 20265, Hartbury Close, Cheltenham, GL51 0NZTerracedFreehold£255,000

Other properties at this postcode

AddressTenureFloor areaLast sale
58 Springbank Road, CheltenhamFreehold83 m²£182,000 (2004)
60, Springbank Road, CheltenhamFreehold72 m²£156,000 (2013)
64 Springbank Road, CheltenhamFreehold81 m²£310,000 (2025)
66, Springbank Road, CheltenhamFreehold80 m²£215,000 (2018)
68, Springbank Road, Cheltenham-77 m²-

Area insights for GL51 0NJ

Full area profile →

Overview

Postcode GL51 0NJ is located in an urban city, within the Springbank area of Cheltenham in the South West region, and forms part of the Springbank area. It has low deprivation and low crime levels, with around 39.8 crimes per 1,000 residents per year, about 53% below the South West average of 85 per 1,000. The average income per household in Springbank is £44,643 per year. The median sale price in Springbank is £267,000 (around £336 per square foot), with typical sale prices between £225,000 and £297,500. The nearest station is Cheltenham Spa, about 1.3 miles away. There are 5 primary and 2 secondary schools in the area. There is 1 park nearby, the closest small park is Elm Farm Open Space.

Crime rate
4/10
Crimes per 1k residents
40
Deprivation level
4/10
Income level
2/10
Social housing
2.9%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

4/10

Springbank has a low level of deprivation, ranked at position 21,078 out of 32,844 areas in England, placing it within the bottom 36% least deprived areas in England.

Crime level

4/10

Springbank has a low crime rate, with approximately 39.8 reported incidents per 1,000 population each year.

Social housing

2.9%

Approximately 2.9% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 29.4% of dwellings are socially rented.

Income level

2/10

The average income per household in Springbank is £44,643 per year.

Noise Level

No noise

No significant noise sources from railways or roads near GL51 0NJ.

Flood risk

No risk

Springbank near GL51 0NJ has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Cheltenham Spa located about 1.3 miles away. There are no other stations nearby.

Parks

Nearby parks and green spaces for GL51 0NJ
DistanceNameSizeDirections
0.2 miElm Farm Open SpaceSmallWalking directions to Elm Farm Open Space

Area Profile

Population
312
Population density
4,227.6 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
24.64(-26%)
Anti-social behaviour
14.53(-3%)
Criminal damage and arson
4.42(-32%)
Burglary
2.53(-9%)
Vehicle crime
2.53(-13%)
South West average

Demographics

Ethnic groups

British
276
88.46%
Other White
23
7.37%
Indian
9
2.88%
Bangladeshi
1
0.32%
Chinese
1
0.32%
Total population: 312

Economics

Education (age 16+)

Level 4+ (Degree)
70
26.02%
No qualifications
60
22.3%
Level 3 (A level)
48
17.84%
Level 2 (GCSEs 9-4)
38
14.13%
Apprenticeship
27
10.04%
Total 16+ residents: 269

Housing

Housing tenure

Owns outright
66
47.48%
Owns with a mortgage
51
36.69%
Private landlord or letting agency
18
12.95%
Social rents from council
2
1.44%
Other social rented
2
1.44%
Total households: 139

Schools

In the GL51 0NJ postcode area, located within Springbank, there are 5 primary and 2 secondary schools in close proximity.

Nearby primary and secondary schools for GL51 0NJ
DistancePhaseNameTypeRating
0.3 miPrimarySpringbank Primary AcademyAcademy converter

Good

0.4 miSecondaryPate's Grammar SchoolAcademy converter

Outstanding

0.4 miPrimarySt Thomas More Catholic Primary SchoolAcademy converter

N/A

Local amenities

2 nearby supermarkets & convenience stores within 0.5 mi of GL51 0NJ

Nearby supermarkets & convenience stores for GL51 0NJ
DistanceNameAddressDirections
0.2 miSpringbank Stores124 Springbank Road, Cheltenham, GL51 0PGWalking directions to Springbank Stores
0.3 miNisa Local4 Beaumont Road, Cheltenham, GL51 0LAWalking directions to Nisa Local