Melrose, The Park - GL50 2SG
Key Building Insights
Melrose, The Park is a residential building situated on The Park, Cheltenham, GL50 with 6 addresses.
It ranks as the 715th largest and 679th 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 6 properties: 5 flats and 1 other property.
- Ave. Sale Price
- £307,446
- 10 Year change
- up 17.2%
- Ave. Rental Price
- £1,353pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £388/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Building Insights
Melrose, The Park is a residential building situated on The Park, Cheltenham, GL50 with 6 addresses.
It ranks as the 715th largest and 679th 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 6 properties: 5 flats and 1 other property.
- Ave. Sale Price
- £307,446
- 10 Year change
- up 17.2%
- Ave. Rental Price
- £1,353pcm
- 10 Year change
- up 41.4%
- Ave. £ per ft²
- £388/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Properties on The Park, Cheltenham, GL50
- Flat 1, Melrose 6 The Park
3 Bed Period Flat
- Flat 2, Melrose 6 The Park
Period Flat
- Flat 3, Melrose 6 The Park
2 Bed Period Flat
- Flat 4, Melrose 6 The Park
2 Bed Period Flat
- Flat 5, Melrose 6 The Park
2 Bed Period Flat
Sales Market Trends
The last sale in Melrose, The Park sold for £545,000 on 21st June 2024. Since then prices are down an average of 1.3%.
The current average value in the building is £307,446.
The Melrose, The Park Sales Market has increased by 17.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -0.1% | £307,446 |
| July 2025 | -1.4% | £307,814 |
| July 2024 | 0% | £312,115 |
| July 2023 | 0.1% | £312,096 |
| July 2022 | 7% | £311,647 |
| July 2021 | 2.1% | £291,341 |
| July 2020 | 3.9% | £285,312 |
| July 2019 | 0.1% | £274,675 |
| July 2018 | 2.3% | £274,412 |
| July 2017 | 2.3% | £268,315 |
| July 2016 | 6% | £262,378 |
| July 2015 | 6.6% | £247,421 |
| July 2014 | 4.6% | £232,030 |
| July 2013 | 4.2% | £221,781 |
| July 2012 | 2.6% | £212,755 |
| July 2011 | -1.3% | £207,442 |
| July 2010 | 10.7% | £210,244 |
| July 2009 | -8.7% | £189,875 |
| July 2008 | -7.8% | £207,898 |
| July 2007 | 0% | £225,580 |
Rental Market Trends
The current average rental value in the building is £1,353.
The Melrose, The Park Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.9% | £1,353pcm |
| July 2025 | 3.9% | £1,303pcm |
| July 2024 | 8.7% | £1,254pcm |
| July 2023 | 10% | £1,154pcm |
| July 2022 | 4.9% | £1,049pcm |
| July 2021 | 3.1% | £1,001pcm |
| July 2020 | 1% | £971pcm |
| July 2019 | 0.3% | £961pcm |
| July 2018 | 0.9% | £958pcm |
| July 2017 | -0.8% | £949pcm |
| July 2016 | 2.4% | £957pcm |
| July 2015 | 5.5% | £934pcm |
| July 2014 | 1.8% | £886pcm |
| July 2013 | 1.4% | £870pcm |
| July 2012 | -0.1% | £858pcm |
| July 2011 | 1.6% | £860pcm |
| July 2010 | 2.8% | £846pcm |
| July 2009 | -6.2% | £823pcm |
| July 2008 | -1.1% | £877pcm |
| July 2007 | 0% | £887pcm |
Sales History
The last recorded sale was on 21st June 2024 for £545,000 and since then the market in the area has decreased by 1.3%.
Melrose, The Park, Cheltenham, GL50 2SG has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Jun 2024£545,000 | 3 Bed FlatFlat 1, Melrose 6, The Park, Cheltenham, GL50 2SGFlat 1, Melrose 6, The Park, Cheltenham, GL50 2SG
- Sold Dec 2023£305,000 | 2 Bed FlatFlat 6, Melrose 6, The Park, Cheltenham, GL50 2SGFlat 6, Melrose 6, The Park, Cheltenham, GL50 2SG
- Sold Feb 2022£259,506 | 2 Bed FlatFlat 5, Melrose 6, The Park, Cheltenham, GL50 2SGFlat 5, Melrose 6, The Park, Cheltenham, GL50 2SG
Property Types
- 5 period flats built between 1800 and 1911
- 1 other address of unknown type
- period flat (5)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (1)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Jun 2019£3,750,000 | 5 Bed House45, The Park, Cheltenham, GL50 2SD45, The Park, Cheltenham, GL50 2SD
- Sold Oct 2022£2,925,000 | 5 Bed House9, The Park, Cheltenham, GL50 2SL9, The Park, Cheltenham, GL50 2SL
- Sold Mar 2010£2,500,000 | 4 Bed House61, The Park, Cheltenham, GL50 2SA61, The Park, Cheltenham, GL50 2SA
Schools Nearby
- St James' Church of England Primary School600 m away
- Naunton Park Primary School900 m away
- Warden Hill Primary School1.2 km away
- Cheltenham Bournside School and Sixth Form Centre1.0 km away
- The High School Leckhampton1.2 km away
- Pate's Grammar School2.9 km away
More reading links
Public Transport Nearby
The closest station to Melrose, The Park, Cheltenham, GL50 2SG is Cheltenham Spa station, which is 1.4 kilometres away.
- Cheltenham Spa|1.4 km away
- Gloucester|10.8 km away
- Ashchurch for Tewkesbury|12.5 km away
- Stroud (Gloucs)|18.4 km away
