Flat 1, 4
Flat 1, 4
Description & Estimates
Flat 1, 4, Montpellier Spa Road, Cheltenham is recorded publicly as a period leasehold apartment across 635 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 1, 4, Montpellier Spa Road, Cheltenham is £420,926 and its rental estimate is £1,667 per month, given the available information and assuming reasonable condition.
4, Montpellier Spa Road is a residential building on Montpellier Spa Road, Cheltenham, GL50 and falls within the GL50 postal district and the borough of Cheltenham.
Our Data Sources
Flat 1, 4, Montpellier Spa Road, Cheltenham has a single entry in the Land Registry from March 2016 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 1, 4, Montpellier Spa Road, Cheltenham, we estimate a market value of £441,973 and a rental value of £1,751 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £391,461 and £1,551 per month respectively.
Recent Market Change
Over the last year, Flat 1, 4, Montpellier Spa Road, Cheltenham has seen its estimated sale value climb by £3,034 (0.7%) and its estimated rental value rise by £75 per month (4.5%). This results in an estimated gross rental yield of 4.8%.
Energy Efficiency
Flat 1, 4, Montpellier Spa Road, Cheltenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 May 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 1, 4, Montpellier Spa Road, Cheltenham completed on 31st March 2016 at £240,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 10.6% over the period since March 2016.
- Sold Mar 2016£240,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 4, Montpellier Spa Road, Cheltenham have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th March 2022, was Flat 3, 24, Montpellier Spa Road, Cheltenham, GL50 1UL, a leasehold flat which sold for £350,000.
Read more about house prices in GL50.
- Sold Mar 2022£350,000 | 2 Bed Flat24, Montpellier Spa RoadFlat 3, 24, Montpellier Spa Road, Cheltenham, GL50 1UL
- Sold Oct 2021£330,000 | 2 Bed FlatMontpellier Spa Road30A, Montpellier Spa Road, Cheltenham, GL50 1UL
- Sold Mar 2016£270,000 | 2 Bed Flat4, Montpellier Spa RoadFlat 3, 4, Montpellier Spa Road, Cheltenham, GL50 1UL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 117 addresses on Montpellier Spa Road, Cheltenham, GL50, Flat 1, 4, Montpellier Spa Road, Cheltenham comes out as the 90th largest and the 72nd most expensive in our analysis of the public data.
It is also £41k more expensive than the average property across the GL50 district.
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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
From Flat 1, 4, Montpellier Spa Road, Cheltenham, the nearest station is Cheltenham Spa, 1.4 kilometres away.
- 1.4kmCheltenham Spa
- 11.4kmGloucester
- 11.7kmAshchurch for Tewkesbury
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
