18, Montpellier Grove
18, Montpellier Grove
Description & Estimates
18, Montpellier Grove, Cheltenham is recorded publicly as a modern leasehold house across 2,098 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 18, Montpellier Grove, Cheltenham is £1,087,843 and its rental estimate is £2,872 per month, given the available information and assuming reasonable condition.
Montpellier Grove, Cheltenham, GL50 falls within the GL50 postal district, in the borough of Cheltenham.
Our Data Sources
18, Montpellier Grove, Cheltenham has 21 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 18, Montpellier Grove, Cheltenham, we estimate a market value of £1,142,235 and a rental value of £3,015 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,011,694 and £2,671 per month respectively.
Recent Market Change
Over the last year, 18, Montpellier Grove, Cheltenham has seen its estimated sale value grow by £3 (0.0%) and its estimated rental value climb by £102 per month (3.6%). This results in an estimated gross rental yield of 3.2%.
Energy Efficiency
18, Montpellier Grove, Cheltenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 18, Montpellier Grove, Cheltenham completed on 14th October 2022 at £870,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 12.5% over the period since October 2022.
- Sold Oct 2022£870,000
- Sold Jul 2001£375,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, Montpellier Grove, Cheltenham have sold within a radius of 440 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th May 2023, was 97A, Montpellier Terrace, Cheltenham, GL50 1XA, a freehold house which sold for £1,150,000.
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
Of the 62 addresses on Montpellier Grove, Cheltenham, GL50, 18, Montpellier Grove, Cheltenham comes out as the 12th largest and the 11th most expensive in our analysis of the public data.
It is also £708k more expensive than the average property across the GL50 district.
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Schools Nearby
- 900mNaunton Park Primary School
- 1.0kmSt John's Church of England Primary School
- 1.1kmThe Catholic School of Saint Gregory the Great
- 1.7kmCheltenham Bournside School and Sixth Form Centre
- 2.3kmPittville School
- 2.7kmBalcarras School
More reading links
Public Transport Nearby
From 18, Montpellier Grove, Cheltenham, the nearest station is Cheltenham Spa, 1.6 kilometres away.
- 1.6kmCheltenham Spa
- 11.4kmGloucester
- 12.1kmAshchurch for Tewkesbury
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
