3, Richmond Drive
3, Richmond Drive
Description & Estimates
The public record describes 3, Richmond Drive, Cheltenham as a mid-century house with 1,184 ft2 of internal area, sitting on a 378 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Richmond Drive, Cheltenham has an estimated sale value of £351,546 and an estimated rental value of £1,603 per month, assuming reasonable condition and based on the information available.
Richmond Drive, Cheltenham, GL52 lies in the borough of Cheltenham, within the GL52 postal district.
Our Data Sources
3, Richmond Drive, Cheltenham has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2022.
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 3, Richmond Drive, Cheltenham would be worth £369,124, with a potential rental value of £1,683 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £326,938, with a rental value of £1,491 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 3, Richmond Drive, Cheltenham has climbed by £2,203 (0.6%) over the last year. During the same period, its estimated monthly rental value has risen by £64 (4.0%). The property's estimated gross yield is currently 5.5%.
Plot Size
3, Richmond Drive, Cheltenham occupies a 378 m2 plot as recorded by HM Land Registry.
Of the 4 other houses in this postcode, 2 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
3, Richmond Drive, Cheltenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Richmond Drive, Cheltenham last changed hands on 29th July 2005, selling for £175,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Jul 2005£175,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of 3, Richmond Drive, Cheltenham across the last 2 years.
Most recently, 16, Hillview Road, Cheltenham, GL52 5AE, a freehold house, sold at £460,000 on the 31st July 2024.
Read more about house prices in GL52.
•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 3, Richmond Drive, Cheltenham as the largest and the 2nd most expensive of the 4 addresses on Richmond Drive, Cheltenham, GL52.
Against the GL52 postcode district average, it is £57k less expensive than the typical property.
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Schools Nearby
- 400mHoly Apostles' Church of England Primary School
- 1.0kmOakwood Primary School
- 1.0kmHoly Trinity Church of England Primary School
- 1.4kmPittville School
- 2.2kmBalcarras School
- 3.5kmCheltenham Bournside School and Sixth Form Centre
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Public Transport Nearby
Cheltenham Spa station is the nearest stop to 3, Richmond Drive, Cheltenham at 3.1 kilometres away.
- 3.1kmCheltenham Spa
- 11.6kmAshchurch for Tewkesbury
- 13.2kmGloucester
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
