6, Drakes Place
6, Drakes Place
Description & Estimates
The public record lists 6, Drakes Place, Cheltenham as a freehold house sitting on a 277 m2 plot.
Comparison with its neighbours suggests a modern house with 1,190 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
6, Drakes Place, Cheltenham has an estimated sale value of £773,720 and an estimated rental value of £2,166 per month, assuming reasonable condition and based on the information available.
Drakes Place, Cheltenham, GL50 lies in the borough of Cheltenham, within the GL50 postal district.
Our Data Sources
6, Drakes Place, Cheltenham has 21 entries in the Land Registry , most recently in January 2011 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 6, Drakes Place, Cheltenham would be worth £812,406, with a potential rental value of £2,274 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £719,560, with a rental value of £2,014 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 6, Drakes Place, Cheltenham has grown by £6,712 (0.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £99 (4.6%). The property's estimated gross yield is currently 3.4%.
Plot Size
6, Drakes Place, Cheltenham occupies a 277 m2 plot as recorded by HM Land Registry.
Of the 12 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 7th largest.
Sold Prices
6, Drakes Place, Cheltenham last changed hands on 21st January 2011, selling for £460,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 0.3% since January 2011.
- Sold Jan 2011£460,000
- Sold Dec 1998£208,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of 6, Drakes Place, Cheltenham across the last 2 years.
Most recently, 24, Lansdown Parade, Cheltenham, GL50 2LH, a freehold house, sold at £850,000 on the 24th January 2022.
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
Our analysis of the public data ranks 6, Drakes Place, Cheltenham as the 10th largest and the 10th most expensive of the 12 addresses on Drakes Place, Cheltenham, GL50.
Against the GL50 postcode district average, it is £394k more expensive than the typical property.
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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
Cheltenham Spa station is the nearest stop to 6, Drakes Place, Cheltenham at 800 metres away.
- 800mCheltenham Spa
- 10.9kmGloucester
- 11.4kmAshchurch 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.
