3, Park Place - GL50 2QS
Key Building Insights
3, Park Place is a residential building situated on Park Place, Cheltenham, GL50 with 4 addresses.
It ranks as the 415th largest and 694th most expensive of the 1,020 buildings in the GL50 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 4 properties: 3 flats and 1 other property.
- Ave. Sale Price
- £317,544
- 10 Year change
- up 16.7%
- Ave. Rental Price
- £1,322pcm
- 10 Year change
- up 41.6%
- Ave. £ per ft²
- £334/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Building Insights
3, Park Place is a residential building situated on Park Place, Cheltenham, GL50 with 4 addresses.
It ranks as the 415th largest and 694th most expensive of the 1,020 buildings in the GL50 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 4 properties: 3 flats and 1 other property.
- Ave. Sale Price
- £317,544
- 10 Year change
- up 16.7%
- Ave. Rental Price
- £1,322pcm
- 10 Year change
- up 41.6%
- Ave. £ per ft²
- £334/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Properties on Park Place, Cheltenham, GL50
- Flat 1, 3 Park Place
2 Bed Period Flat
- Flat 2, 3 Park Place
3 Bed Period Flat
- Flat 3, 3 Park Place
2 Bed Period Flat
- Flat 4, 3 Park Place
Period Flat
Sales Market Trends
The last sale in 3, Park Place sold for £280,000 on 25th September 2025. Since then prices are up an average of 0.8%.
The current average value in the building is £317,544.
The 3, Park Place Sales Market has increased by 16.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -0.1% | £317,544 |
| July 2025 | -0.6% | £317,896 |
| July 2024 | 0% | £319,827 |
| July 2023 | -0.6% | £319,748 |
| July 2022 | 5.9% | £321,594 |
| July 2021 | 0.3% | £303,688 |
| July 2020 | 5.6% | £302,651 |
| July 2019 | -0.4% | £286,629 |
| July 2018 | 2.3% | £287,887 |
| July 2017 | 3.4% | £281,325 |
| July 2016 | 5.8% | £272,101 |
| July 2015 | 4% | £257,221 |
| July 2014 | 5.3% | £247,420 |
| July 2013 | 3.3% | £235,024 |
| July 2012 | 1.8% | £227,593 |
| July 2011 | -1.1% | £223,650 |
| July 2010 | 9.4% | £226,133 |
| July 2009 | -8.5% | £206,620 |
| July 2008 | -7.3% | £225,730 |
| July 2007 | 0% | £243,427 |
Rental Market Trends
The current average rental value in the building is £1,322.
The 3, Park Place Rental Market has increased by 41.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 4.1% | £1,322pcm |
| July 2025 | 3.8% | £1,270pcm |
| July 2024 | 8.7% | £1,224pcm |
| July 2023 | 10% | £1,126pcm |
| July 2022 | 4.9% | £1,023pcm |
| July 2021 | 3% | £976pcm |
| July 2020 | 1% | £947pcm |
| July 2019 | 0.4% | £938pcm |
| July 2018 | 1% | £935pcm |
| July 2017 | -0.9% | £926pcm |
| July 2016 | 2.4% | £934pcm |
| July 2015 | 5.6% | £912pcm |
| July 2014 | 1.8% | £864pcm |
| July 2013 | 1.4% | £849pcm |
| July 2012 | -0.2% | £837pcm |
| July 2011 | 1.6% | £838pcm |
| July 2010 | 2.7% | £825pcm |
| July 2009 | -6.1% | £803pcm |
| July 2008 | -1.1% | £855pcm |
| July 2007 | 0% | £865pcm |
Sales History
The last recorded sale was on 25th September 2025 for £280,000 and since then the market in the area has increased by 0.8%.
3, Park Place, Cheltenham, GL50 2QS has had 3 sales since 1995, 1 of them in the last twelve months.
- Sold Sep 2025£280,000 | 2 Bed FlatFlat 1, 3, Park Place, Cheltenham, GL50 2QSFlat 1, 3, Park Place, Cheltenham, GL50 2QS
- Sold Sep 2020£295,000 | 2 Bed FlatFlat 1, 3, Park Place, Cheltenham, GL50 2QSFlat 1, 3, Park Place, Cheltenham, GL50 2QS
- Sold Dec 2018£290,000 | 3 Bed FlatFlat 2, 3, Park Place, Cheltenham, GL50 2QSFlat 2, 3, Park Place, Cheltenham, GL50 2QS
Property Types
- 3 period flats built between 1800 and 1911
- 1 other address of unknown type
- period flat (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Apr 2014£1,999,000 | 5 Bed House18, Park Place, Cheltenham, GL50 2QT18, Park Place, Cheltenham, GL50 2QT
- Sold Oct 2017£1,700,000 | 5 Bed House29, Park Place, Cheltenham, GL50 2RE29, Park Place, Cheltenham, GL50 2RE
- Sold Aug 2022£1,700,000 | 5 Bed House15, Park Place, Cheltenham, GL50 2QU15, Park Place, Cheltenham, GL50 2QU
Schools Nearby
- St James' Church of England Primary School1.0 km away
- Naunton Park Primary School1.0 km away
- Christ Church CofE Primary School1.1 km away
- Cheltenham Bournside School and Sixth Form Centre1.3 km away
- The High School Leckhampton1.7 km away
- Pittville School2.5 km away
More reading links
Public Transport Nearby
The closest station to 3, Park Place, Cheltenham, GL50 2QS is Cheltenham Spa station, which is 1.3 kilometres away.
- Cheltenham Spa|1.3 km away
- Gloucester|11.1 km away
- Ashchurch for Tewkesbury|12.1 km away
- Stroud (Gloucs)|18.9 km away