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24 Promenade is a residential building situated on Promenade, Cheltenham, GL50 with 4 addresses.
It ranks as the 407th largest and 647th most expensive of the 1,020 buildings in the GL50 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 4 properties: 4 flats.
24 Promenade is a residential building situated on Promenade, Cheltenham, GL50 with 4 addresses.
It ranks as the 407th largest and 647th most expensive of the 1,020 buildings in the GL50 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 4 properties: 4 flats.
Sale prices range from £217,450 for 2 bedroom leasehold flats (616 ft2) to £299,979 for 2 bedroom leasehold flats (839 ft2) .
Monthly rental prices range from £1,067 pcm for 2 bed flats to £1,189 pcm for 2 bed flats.
The gross rental yield is between 4.8% and 5.9%.
The average value per square foot is £365.
The last sale in 24 Promenade sold for £201,600 on 3rd June 2011. Since then prices are up an average of 37.1%.
The current average value in the building is £263,954.
The 24 Promenade Sales Market has increased by 17.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.5% | £263,954 |
| May 2025 | 0.4% | £265,229 |
| May 2024 | -0.2% | £264,194 |
| May 2023 | 0.1% | £264,646 |
| May 2022 | 5% | £264,403 |
| May 2021 | -1.1% | £251,873 |
| May 2020 | 7% | £254,612 |
| May 2019 | -2.3% | £238,063 |
| May 2018 | 3.9% | £243,740 |
| May 2017 | 4.7% | £234,610 |
| May 2016 | 4.3% | £224,037 |
| May 2015 | 3.3% | £214,791 |
| May 2014 | 4.8% | £207,951 |
| May 2013 | 2.3% | £198,345 |
| May 2012 | 0.7% | £193,838 |
| May 2011 | -1.9% | £192,525 |
| May 2010 | 7.8% | £196,174 |
| May 2009 | -11.5% | £182,050 |
| May 2008 | -3.4% | £205,766 |
| May 2007 | 0% | £212,950 |
The current average rental value in the building is £1,125.
The 24 Promenade Rental Market has increased by 40.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.2% | £1,125pcm |
| May 2025 | 5.2% | £1,090pcm |
| May 2024 | 9.4% | £1,036pcm |
| May 2023 | 9.8% | £947pcm |
| May 2022 | 4% | £862pcm |
| May 2021 | 3.8% | £829pcm |
| May 2020 | 0.3% | £799pcm |
| May 2019 | -0.3% | £796pcm |
| May 2018 | 1.2% | £799pcm |
| May 2017 | -1.1% | £789pcm |
| May 2016 | 4.2% | £798pcm |
| May 2015 | 4.9% | £766pcm |
| May 2014 | 1.5% | £731pcm |
| May 2013 | 0.5% | £720pcm |
| May 2012 | 0.2% | £716pcm |
| May 2011 | 0.2% | £715pcm |
| May 2010 | 2.1% | £714pcm |
| May 2009 | -8.1% | £699pcm |
| May 2008 | 2% | £761pcm |
| May 2007 | 0% | £746pcm |
The last sale was on 3rd June 2011 for £201,600 and since then the market in the area has increased by 37.1%. The building has had a total of 1 sales since 1995.
24, Promenade, Cheltenham, GL50 1LR has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 24, Promenade, Cheltenham, GL50 1LR is Cheltenham Spa station which is 1.7 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 24, Promenade, Cheltenham, GL50 1LR, 47.2% of property is privately rented and 32.2% is privately owned outright.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 24, Promenade, Cheltenham, GL50 1LR, 7.1% of residents are recorded as possessing school level qualifications and 55.5% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 24, Promenade, Cheltenham, GL50 1LR, the average age was 41.2 and the most common age was 27.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 24, Promenade, Cheltenham, GL50 1LR, 2.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 24, Promenade, Cheltenham, GL50 1LR, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.