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According to the public record, 8, Queens Parade, Cheltenham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 582 ft2 of internal area and a balcony and garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Queens Parade, Cheltenham is £718,051 and the estimated rental value is £2,838 per month.
The apartment is within 8, Queens Parade, Cheltenham, GL50.
Queens Parade, Cheltenham, GL50 is located in the borough of Cheltenham within the GL50 postal district.
8, Queens Parade, Cheltenham has 151 entries in the Land Registry , most recently in June 2012 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 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Queens Parade, Cheltenham is in very good condition we estimate a sale value of £753,953 and a rental value of £2,980 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £667,787 and a rental value of £2,639 per month.
Over the last 12 months the sale value of 8 Queens Parade Cheltenham has increased by an estimated £9,258 (1.3%) and its rental value has increased by an estimated £110 per month (3.9%), giving an expected gross yield of 4.7%.
According to HM Land Registry, 8, Queens Parade, Cheltenham was last sold on 8th June 2012 for £165,000 and was recorded as a leasehold flat.
The property has had 15 sales since 1995.
Since June 2012, the market for similar properties has risen 20.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 390 metres radius of 8, Queens Parade, Cheltenham over the last 2 years.
The most recent example is 7C, Queens Parade, Cheltenham, GL50 3BB, a leasehold flat which sold for £460,000 on the 9th October 2020.
Read more about house prices in GL50.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Queens Parade, Cheltenham, GL50 has a total of 59 addresses. According to our analysis of all the public data, 8, Queens Parade, Cheltenham is the 50th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £340k more expensive than the average property in GL50.
The closest station to 8, Queens Parade, Cheltenham is Cheltenham Spa station which is 1.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Queens Parade, Cheltenham, 49.6% of property is privately rented and 21.2% is socially rented.
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 8, Queens Parade, Cheltenham, 2.6% of residents are recorded as possessing school level qualifications and 59.8% 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 8, Queens Parade, Cheltenham, the average age was 41.2 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 8, Queens Parade, Cheltenham, 2.5% 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 8, Queens Parade, 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.