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According to the public record, 2, Belas Close, Cheltenham is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Belas Close, Cheltenham is £155,504 and the estimated rental value is £852 per month.
Belas Close, Winchcombe, Cheltenham, GL54 is located in the borough of Tewkesbury within the GL54 postal district.
2, Belas Close, Cheltenham has a single entry in the Land Registry from December 2020 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 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Belas Close, Cheltenham is in very good condition we estimate a sale value of £163,280 and a rental value of £895 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,619 and a rental value of £792 per month.
Over the last 12 months the sale value of 2 Belas Close Cheltenham has decreased by an estimated £2,123 (1.4%) and its rental value has increased by an estimated £24 per month (2.8%), giving an expected gross yield of 6.6%.
2, Belas Close, Cheltenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Nov 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Belas Close, Cheltenham was last sold on 23rd December 2020 for £138,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2020, the market for similar properties has risen 9.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Belas Close, Cheltenham within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 1, Belas Close, Cheltenham, GL54 5FP, a leasehold flat which sold for £135,000 on the 5th November 2020.
Read more about house prices in GL54.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Belas Close, Winchcombe, Cheltenham, GL54 has a total of 5 addresses. According to our analysis of all the public data, 2, Belas Close, Cheltenham is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £399k less expensive than the average property in GL54.
The closest station to 2, Belas Close, Cheltenham is Ashchurch for Tewkesbury station which is 10.9 kilometres away.
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 2, Belas Close, Cheltenham, % of property is and % is .
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 2, Belas Close, Cheltenham, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 2, Belas Close, Cheltenham, 0.0% 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 2, Belas Close, Cheltenham, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.