Mercer Way, Tetbury
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Mercer Way, Tetbury

By James Pyle & Co

£ 425,000

Reviews

4 out of 5 stars

James Pyle & Co says ..

This well-appointed semi-detached modern house offers 3 bedroom accommodation with private parking and a garage.

Property Oracle says ..

The property is a 3-bedroom, 2-bathroom semi-detached house located in Tetbury, Gloucestershire. It is situated on Mercer Way, a street with other similar properties. The property benefits from a good-sized garden, as shown in the provided images, which is a desirable feature in the area.

The images suggest the property is in excellent condition, recently built or well-maintained. The interior is modern and clean with a contemporary design. There is no visible evidence of damage or the need for renovation.

Considering the average house price in the area is £243,233 and the average price per square foot is £252, the listing price of £425,000 for this 940.77 sqft property seems slightly high, but not unreasonable. Nearby comparable properties on Mercer Way are listed at £450,000 and £550,000, suggesting that the asking price is within the range for similar properties in this location. However, the lack of sqft data for these comparable properties makes a precise comparison difficult. The property’s modern condition and the presence of a garden likely contribute to the higher price point. The location, close to good schools like St Mary’s Church of England VA Primary School and Sir William Romney’s School, also adds to its desirability and justifies a higher price.

Based on the available information, the property appears to be well-located, in excellent condition, and offers a desirable garden. While the price is on the higher end of the market, it is supported by comparable properties and the property’s features.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
10
Location
9
Land
8
Bedrooms
3
Bathrooms
2
Sqft (est)
940.77

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
616,357.00 £
Decreased by 5.19 %
from 650,071.00 £
Est sale value
396,064.17 £
Decreased by 29.83 %
from 564,462.00 £
Average area rental value
1,925.00 £/mo
Decreased by 49.74 %
from 3,830.00 £/mo
Est letting value
940.77 £/mo
Decreased by 66.67 %
from 2,822.31 £/mo
Est rental Yield
3.75 %
Decreased by 46.96 %
from 7.07 %
Crime Rate
69.00 %
Unchanged by 0.00 %
from 69.00 %

Agent Activity

  • James Pyle & Co created the listing.

Nearby Schools

NameTypeOfstedDistance
St Mary'S Church Of England Va Primary SchoolVoluntary Aided SchoolGood0.90 KM
Sir William Romney'S SchoolAcademy ConverterGood1.02 KM
Springboard Children'S Centre (Tetbury)Children's Centre1.41 KM
Avening Primary SchoolCommunity SchoolGood4.83 KM
Westonbirt SchoolOther Independent School6.75 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Draper Close £ 000.00 KM
London Road £ 395,00000.00 KM
Andrews Close £ 000.00 KM
Northfield Road £ 649,87500.00 KM
Holly Close £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mercer Way, Tetbury £ 425,000BUY8 / 100.00 KM
Mercer Way, Tetbury £ 415,000BUYUnknown0.04 KM
Mercer Way, Tetbury, Gloucestershire, GL8 £ 550,000BUY7 / 100.05 KM
Glovers Way, Tetbury £ 290,000BUY7 / 100.06 KM
Draper Close, Tetbury £ 675,000BUY6 / 100.06 KM

Nearby Properties

AddressPriceDistance
25 Mercer Way £ 330,0000.05 KM
9 Mercer Way £ 320,0000.07 KM
37 Northfield Close £ 120,0000.14 KM
67 Northfield Close £ 130,0000.14 KM
53 Northfield Close £ 83,0000.14 KM