38E, Montpellier Spa Road
38E, Montpellier Spa Road
Description & Estimates
Public records show 38E, Montpellier Spa Road, Cheltenham to be a modern leasehold apartment with 839 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
38E, Montpellier Spa Road, Cheltenham has an estimated sale value of £664,947 and an estimated rental value of £2,457 per month, assuming reasonable condition and based on the information available.
The apartment sits within 38, Montpellier Spa Road, Cheltenham, GL50.
Montpellier Spa Road, Cheltenham, GL50 lies in the borough of Cheltenham, within the GL50 postal district.
Our Data Sources
38E, Montpellier Spa Road, Cheltenham has 31 entries in the Land Registry , most recently in March 2015 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 38E, Montpellier Spa Road, Cheltenham would be worth £698,195, with a potential rental value of £2,580 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £618,401, with a rental value of £2,285 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 38E, Montpellier Spa Road, Cheltenham has dropped by £1,711 (0.3%) over the last year. During the same period, its estimated monthly rental value has risen by £85 (3.5%). The property's estimated gross yield is currently 4.4%.
Energy Efficiency
38E, Montpellier Spa Road, Cheltenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Oct 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
38E, Montpellier Spa Road, Cheltenham last changed hands on 12th March 2015, selling for £325,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 6.5% since March 2015.
- Sold Mar 2015£325,000
- Sold Dec 1999£160,000
- Sold Dec 1995£113,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 410 metres of 38E, Montpellier Spa Road, Cheltenham across the last 2 years.
Most recently, 46E, Montpellier Spa Road, Cheltenham, GL50 1UL, a leasehold flat, sold at £540,000 on the 28th April 2023.
Read more about house prices in GL50.
- Sold Apr 2023£540,000 | 2 Bed Flat46E, Montpellier Spa Road, Cheltenham, GL50 1UL46E, Montpellier Spa Road, Cheltenham, GL50 1UL
- Sold May 2021£520,000 | 2 Bed Flat38B, Montpellier Spa Road, Cheltenham, GL50 1UL38B, Montpellier Spa Road, Cheltenham, GL50 1UL
- Sold Apr 2020£550,000 | 2 Bed Flat38C, Montpellier Spa Road, Cheltenham, GL50 1UL38C, Montpellier Spa Road, Cheltenham, GL50 1UL
•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 38E, Montpellier Spa Road, Cheltenham as the 43rd largest and the 16th most expensive of the 117 addresses on Montpellier Spa Road, Cheltenham, GL50.
Against the GL50 postcode district average, it is £285k more expensive than the typical property.
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Schools Nearby
- 700mThe Catholic School of Saint Gregory the Great
- 800mSt John's Church of England Primary School
- 900mChrist Church CofE Primary School
- 1.8kmCheltenham Bournside School and Sixth Form Centre
- 2.0kmPittville School
- 2.8kmPate's Grammar School
More reading links
Public Transport Nearby
Cheltenham Spa station is the nearest stop to 38E, Montpellier Spa Road, Cheltenham at 1.4 kilometres away.
- 1.4kmCheltenham Spa
- 11.4kmGloucester
- 11.7kmAshchurch 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.
