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450, High Street, Cheltenham appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a period apartment with 961 ft2 of internal area and a garden.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 450, High Street, Cheltenham is £162,358 and its rental estimate is £766 per month, given the available information and assuming reasonable condition.
High Street, Cheltenham, GL50 falls within the GL50 postal district, in the borough of Cheltenham.
450, High Street, Cheltenham has 2 entries in the Land Registry , most recently in March 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 450, High Street, Cheltenham, we estimate a market value of £170,475 and a rental value of £804 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £150,993 and £712 per month respectively.
Over the last year, 450, High Street, Cheltenham has seen its estimated sale value increase by £1,170 (0.7%) and its estimated rental value grow by £34 per month (4.5%). This results in an estimated gross rental yield of 5.7%.
The most recent sale of 450, High Street, Cheltenham completed on 5th March 2021 at £200,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 47.2% over the period since March 2021.
Over the past 2 years 1 property similar to 450, High Street, Cheltenham has sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th March 2023, was 446A, High Street, Cheltenham, GL50 3JA, a leasehold flat which sold for £150,000.
Read more about house prices in GL50.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 420 addresses on High Street, Cheltenham, GL50, 450, High Street, Cheltenham comes out as the 101st largest and the 233rd most expensive in our analysis of the public data.
It is also £217k less expensive than the average property across the GL50 district.
From 450, High Street, Cheltenham, the nearest station is Cheltenham Spa, 1.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 450, High Street, Cheltenham, 60.1% of property is privately rented and 23.3% is privately owned with a mortgage.
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 450, High Street, Cheltenham, 19.4% of residents are recorded as possessing school level qualifications and 43.0% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 450, High Street, Cheltenham, the average age was 39 and the most common age was 27.
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 450, High Street, Cheltenham, 0.6% 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 450, High Street, Cheltenham, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.