16, Park Place
16, Park Place
Description & Estimates
The public record describes 16, Park Place, Cheltenham as a period house with 3,046 ft2 of internal area, sitting on a 897 m2 plot.
In this area, houses of this size normally have 6 bedrooms with a garden.
16, Park Place, Cheltenham has an estimated sale value of £1,373,295 and an estimated rental value of £3,625 per month, assuming reasonable condition and based on the information available.
Park Place, Cheltenham, GL50 lies in the borough of Cheltenham, within the GL50 postal district.
Our Data Sources
16, Park Place, Cheltenham has no records in the the Land Registry and a single entry in the EPC database dated December 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 16, Park Place, Cheltenham would be worth £1,441,960, with a potential rental value of £3,807 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,277,164, with a rental value of £3,372 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, Park Place, Cheltenham has grown by £4 (0.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £129 (3.6%). The property's estimated gross yield is currently 3.2%.
Plot Size
16, Park Place, Cheltenham occupies a 897 m2 plot as recorded by HM Land Registry.
All 6 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
16, Park Place, Cheltenham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Dec 2015.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 400 metres of 16, Park Place, Cheltenham across the last 2 years.
Most recently, 22, Park Place, Cheltenham, GL50 2QT, a freehold house, sold at £1,600,000 on the 25th August 2022.
Read more about house prices in GL50.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 16, Park Place, Cheltenham as the 7th largest and the 9th most expensive of the 156 addresses on Park Place, Cheltenham, GL50.
Against the GL50 postcode district average, it is £994k more expensive than the typical property.
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Schools Nearby
- 1.0kmSt James' Church of England Primary School
- 1.0kmNaunton Park Primary School
- 1.1kmChrist Church CofE Primary School
- 1.3kmCheltenham Bournside School and Sixth Form Centre
- 2.6kmPittville School
- 2.8kmPate's Grammar School
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Public Transport Nearby
Cheltenham Spa station is the nearest stop to 16, Park Place, Cheltenham at 1.3 kilometres away.
- 1.3kmCheltenham Spa
- 11.1kmGloucester
- 12.1kmAshchurch for Tewkesbury
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
