4, Drakes Place
4, Drakes Place
Description & Estimates
4, Drakes Place, Cheltenham is recorded publicly as a mid-century freehold house across 1,571 ft2 of internal area, sitting on a 442 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 4, Drakes Place, Cheltenham is £933,730 and its rental estimate is £2,405 per month, given the available information and assuming reasonable condition.
Drakes Place, Cheltenham, GL50 falls within the GL50 postal district, in the borough of Cheltenham.
Our Data Sources
4, Drakes Place, Cheltenham has 31 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated February 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 4, Drakes Place, Cheltenham, we estimate a market value of £980,417 and a rental value of £2,525 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £868,369 and £2,236 per month respectively.
Recent Market Change
Over the last year, 4, Drakes Place, Cheltenham has seen its estimated sale value move up by £6,345 (0.7%) and its estimated rental value increase by £99 per month (4.1%). This results in an estimated gross rental yield of 3.1%.
Plot Size
HM Land Registry records the plot of land for 4, Drakes Place, Cheltenham as measuring 442 m2.
That makes it the 2nd largest plot in the postcode, where 11 of the 12 other houses have recorded plot data.
Energy Efficiency
4, Drakes Place, Cheltenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Feb 2016.
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 4, Drakes Place, Cheltenham completed on 4th October 2019 at £748,980 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 27.8% over the period since October 2019.
- Sold Oct 2019£748,980
- Sold Oct 2008£490,000
- Sold Apr 1999£260,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Drakes Place, Cheltenham have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd December 2023, was 20, Christchurch Road, Cheltenham, GL50 2PL, a freehold house which sold for £840,000.
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 12 addresses on Drakes Place, Cheltenham, GL50, 4, Drakes Place, Cheltenham comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £554k more expensive than the average property across the GL50 district.
More reading links
Schools Nearby
- 400mChrist Church CofE Primary School
- 700mThe Catholic School of Saint Gregory the Great
- 800mGloucester Road Primary School
- 1.5kmCheltenham Bournside School and Sixth Form Centre
- 2.2kmPate's Grammar School
- 2.3kmPittville School
More reading links
Public Transport Nearby
From 4, Drakes Place, Cheltenham, the nearest station is Cheltenham Spa, 800 metres away.
- 800mCheltenham Spa
- 10.9kmGloucester
- 11.4kmAshchurch 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.
