Flat 1, Park Gate
Flat 1, Park Gate
Description & Estimates
Flat 1, Park Gate, Cheltenham is described in the public record as a modern apartment with 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 1, Park Gate, Cheltenham is £175,255 and its rental estimate is £959 per month, given the available information and assuming reasonable condition.
Park Gate, Park Place is a residential building on Park Place, Cheltenham, GL50 and falls within the GL50 postal district and the borough of Cheltenham.
Our Data Sources
Flat 1, Park Gate, Cheltenham has no records in the the Land Registry and a single entry in the EPC database dated November 2010.
We combine this information with public data 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, Park Gate, Cheltenham, we estimate a market value of £184,018 and a rental value of £1,007 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £162,987 and £892 per month respectively.
Recent Market Change
Over the last year, Flat 1, Park Gate, Cheltenham has seen its estimated sale value decline by £168 (0.1%) and its estimated rental value climb by £35 per month (3.6%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
Flat 1, Park Gate, Cheltenham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Nov 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, Park Gate, Cheltenham have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th March 2024, was Flat 9, Park Gate, Park Place, Cheltenham, GL50 2QE, a leasehold flat which sold for £145,000.
Read more about house prices in GL50.
- Sold Mar 2024£145,000 | 2 Bed FlatPark Gate, Park PlaceFlat 9, Park Gate, Park Place, Cheltenham, GL50 2QE
- Sold Mar 2018£175,000 | 2 Bed FlatPark Gate, Park PlaceFlat 12, Park Gate, Park Place, Cheltenham, GL50 2QE
- Sold May 2016£180,000 | 2 Bed FlatPark Gate, Park PlaceFlat 10, Park Gate, Park Place, Cheltenham, GL50 2QE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 156 addresses on Park Place, Cheltenham, GL50, Flat 1, Park Gate, Cheltenham comes out as the 126th largest and the 112th most expensive in our analysis of the public data.
It is also £205k less expensive than the average property across the GL50 district.
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Schools Nearby
- 800mSt James' Church of England Primary School
- 900mNaunton Park Primary School
- 1.3kmChrist Church CofE Primary School
- 1.2kmCheltenham Bournside School and Sixth Form Centre
- 2.8kmPittville School
- 2.9kmPate's Grammar School
More reading links
Public Transport Nearby
From Flat 1, Park Gate, Cheltenham, the nearest station is Cheltenham Spa, 1.3 kilometres away.
- 1.3kmCheltenham Spa
- 10.9kmGloucester
- 12.3kmAshchurch 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.
