2, Broad Oak Way
2, Broad Oak Way
Description & Estimates
According to the public record, 2, Broad Oak Way, Cheltenham is a mid-century leasehold apartment with 678 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, Broad Oak Way, Cheltenham is £165,282 and the estimated rental value is £923 per month.
Broad Oak Way, Cheltenham, GL51 is located in the borough of Cheltenham within the GL51 postal district.
Our Data Sources
2, Broad Oak Way, Cheltenham has 31 entries in the Land Registry , most recently in November 2017 and a single entry in the EPC database dated November 2014.
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
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, Broad Oak Way, Cheltenham is in very good condition we estimate a sale value of £173,546 and a rental value of £969 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,712 and a rental value of £858 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Broad Oak Way, Cheltenham has moved down by £93 (0.1%), while its estimated rental value has increased by £29 per month (3.1%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Energy Efficiency
2, Broad Oak Way, Cheltenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Nov 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Broad Oak Way, Cheltenham was last sold on 7th November 2017 for £149,950 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2017, the market for similar properties has risen by 2.8%.
- Sold Nov 2017£149,950
- Sold Jul 2014£138,000
- Sold May 2006£115,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Broad Oak Way, Cheltenham within a radius of 510 metres over the last 2 years.
The most recent example is 10, Broad Oak Way, Cheltenham, GL51 3LG, a leasehold flat which sold for £162,500 on the 10th December 2024.
Read more about house prices in GL51.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Broad Oak Way, Cheltenham, GL51 has a total of 173 addresses. According to our analysis of all the public data, 2, Broad Oak Way, Cheltenham is the 165th largest and the 166th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in GL51.
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Schools Nearby
- 300mGreatfield Park Primary School
- 600mLakeside Primary School
- 800mWarden Hill Primary School
- 700mCheltenham Bournside School and Sixth Form Centre
- 2.5kmPate's Grammar School
- 3.3kmAll Saints' Academy, Cheltenham
More reading links
Public Transport Nearby
The closest station to 2, Broad Oak Way, Cheltenham is Cheltenham Spa station, which is 1.7 kilometres away.
- 1.7kmCheltenham Spa
- 9.0kmGloucester
- 12.8kmAshchurch for Tewkesbury
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
