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According to the public record, 4B, Chad Road, Cheltenham is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 4B, Chad Road, Cheltenham is £162,345 and the estimated rental value is £849 per month.
The apartment is within 4, Chad Road, Cheltenham, GL51.
Chad Road, Cheltenham, GL51 is located in the borough of Cheltenham within the GL51 postal district.
4B, Chad Road, Cheltenham has 41 entries in the Land Registry , most recently in July 2015 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 2 out of 5 and is considered of medium 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 4B, Chad Road, Cheltenham is in very good condition we estimate a sale value of £170,463 and a rental value of £891 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,981 and a rental value of £789 per month.
Over the last 12 months the sale value of 4B Chad Road Cheltenham has decreased by an estimated £91 (0.1%) and its rental value has increased by an estimated £26 per month (3.1%), giving an expected gross yield of 6.3%.
According to HM Land Registry, 4B, Chad Road, Cheltenham was last sold on 6th July 2015 for £100,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since July 2015, the market for similar properties has risen 10.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4B, Chad Road, Cheltenham within a radius of 580 metres over the last 2 years.
The most recent example is 4 Fairmount Court, Fairmount Road, Cheltenham, GL51 7BP, a leasehold flat which sold for £165,000 on the 15th November 2024.
Read more about house prices in GL51.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chad Road, Cheltenham, GL51 has a total of 4 addresses. According to our analysis of all the public data, 4B, Chad Road, Cheltenham is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in GL51.
The closest station to 4B, Chad Road, Cheltenham is Cheltenham Spa station which is 400 metres away.
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 4B, Chad Road, Cheltenham, 32.3% of property is privately rented and 29.8% 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 4B, Chad Road, Cheltenham, 15.9% of residents are recorded as possessing school level qualifications and 48.4% 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 4B, Chad Road, 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 4B, Chad Road, Cheltenham, 1.3% 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 4B, Chad Road, Cheltenham, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
