5 The Montpellier Terrace Apartments, Montpellier Terrace
5 The Montpellier Terrace Apartments, Montpellier Terrace
Description & Estimates
Public records show 5 The Montpellier Terrace Apartments, Montpellier Terrace, Cheltenham to be a modern leasehold apartment with 430 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
5 The Montpellier Terrace Apartments, Montpellier Terrace, Cheltenham has an estimated sale value of £197,035 and an estimated rental value of £924 per month, assuming reasonable condition and based on the information available.
Montpellier Terrace, Cheltenham, GL50 lies in the borough of Cheltenham, within the GL50 postal district.
Our Data Sources
5 The Montpellier Terrace Apartments, Montpellier Terrace, Cheltenham has a single entry in the Land Registry from March 2014 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 5 The Montpellier Terrace Apartments, Montpellier Terrace, Cheltenham would be worth £206,886, with a potential rental value of £971 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £183,242, with a rental value of £860 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 5 The Montpellier Terrace Apartments, Montpellier Terrace, Cheltenham has increased by £397 (0.2%) over the last year. During the same period, its estimated monthly rental value has grown by £34 (3.7%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
5 The Montpellier Terrace Apartments, Montpellier Terrace, Cheltenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
5 The Montpellier Terrace Apartments, Montpellier Terrace, Cheltenham last changed hands on 6th March 2014, selling for £158,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 37.6% since March 2014.
- Sold Mar 2014£158,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of 5 The Montpellier Terrace Apartments, Montpellier Terrace, Cheltenham across the last 2 years.
Most recently, Flat 15, Cedar House 112, Bath Road, Cheltenham, GL53 7JX, a leasehold flat, sold at £180,750 on the 30th August 2024.
Read more about house prices in GL50.
- Sold Aug 2024£180,750 | 2 Bed FlatCedar House 112, Bath RoadFlat 15, Cedar House 112, Bath Road, Cheltenham, GL53 7JX
- Sold Feb 2021£208,000 | 2 Bed FlatCedar House 112, Bath RoadFlat 10, Cedar House 112, Bath Road, Cheltenham, GL53 7JX
- Sold Aug 2019£140,000 | 1 Bed FlatCedar House 112, Bath RoadFlat 1, Cedar House 112, Bath Road, Cheltenham, GL53 7JX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 5 The Montpellier Terrace Apartments, Montpellier Terrace, Cheltenham as the 146th largest and the 150th most expensive of the 154 addresses on Montpellier Terrace, Cheltenham, GL50.
Against the GL50 postcode district average, it is £183k less expensive than the typical property.
More reading links
Schools Nearby
- 800mSt John's Church of England Primary School
- 1.0kmNaunton Park Primary School
- 1.0kmThe Catholic School of Saint Gregory the Great
- 1.8kmCheltenham Bournside School and Sixth Form Centre
- 2.2kmPittville School
- 2.6kmBalcarras School
More reading links
Public Transport Nearby
Cheltenham Spa station is the nearest stop to 5 The Montpellier Terrace Apartments, Montpellier Terrace, Cheltenham at 1.6 kilometres away.
- 1.6kmCheltenham Spa
- 11.5kmGloucester
- 11.9kmAshchurch for Tewkesbury
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
