2, Park Lane
2, Park Lane
Description & Estimates
2, Park Lane, Cheltenham is described in the public record as a mid-century house with 1,022 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Park Lane, Cheltenham is £262,941 and its rental estimate is £1,226 per month, given the available information and assuming reasonable condition.
Park Lane, Sevenhampton, Cheltenham, GL54 falls within the GL54 postal district, in the borough of Cotswold.
Our Data Sources
2, Park Lane, Cheltenham has no records in the the Land Registry and a single entry in the EPC database dated April 2016.
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
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 2, Park Lane, Cheltenham, we estimate a market value of £276,088 and a rental value of £1,287 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £244,535 and £1,140 per month respectively.
Recent Market Change
Over the last year, 2, Park Lane, Cheltenham has seen its estimated sale value fall by £3,563 (1.4%) and its estimated rental value move up by £44 per month (3.6%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
2, Park Lane, Cheltenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Apr 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Park Lane, Cheltenham have sold within a radius of 5.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th June 2024, was 32, Templefields, Cheltenham, GL54 4LF, a freehold house which sold for £185,000.
Read more about house prices in GL54.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 4 addresses on Park Lane, Sevenhampton, Cheltenham, GL54, 2, Park Lane, Cheltenham comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £297k less expensive than the average property across the GL54 district.
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Schools Nearby
- 3.0kmAndoversford Primary School
- 5.5kmGlenfall Community Primary School
- 5.6kmPrestbury St Mary's Church of England Junior School
- 5.8kmBalcarras School
- 6.9kmPittville School
- 7.1kmWinchcombe School
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Public Transport Nearby
From 2, Park Lane, Cheltenham, the nearest station is Cheltenham Spa, 9.2 kilometres away.
- 9.2kmCheltenham Spa
- 14.7kmAshchurch for Tewkesbury
- 19.1kmGloucester
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
