Flat 12, Park Gate
Flat 12, Park Gate
Description & Estimates
Public records show Flat 12, Park Gate, Cheltenham to be a modern leasehold apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 12, Park Gate, Cheltenham has an estimated sale value of £173,328 and an estimated rental value of £952 per month, assuming reasonable condition and based on the information available.
The apartment sits within Park Gate, Park Place, Cheltenham, GL50.
Park Place, Cheltenham, GL50 lies in the borough of Cheltenham, within the GL50 postal district.
Our Data Sources
Flat 12, Park Gate, Cheltenham has a single entry in the Land Registry from March 2018 and a single entry in the EPC database dated April 2017.
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
In very good condition, we estimate Flat 12, Park Gate, Cheltenham would be worth £181,994, with a potential rental value of £999 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £161,195, with a rental value of £885 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 Flat 12, Park Gate, Cheltenham has declined by £166 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £34 (3.6%). The property's estimated gross yield is currently 6.6%.
Energy Efficiency
Flat 12, Park Gate, Cheltenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Apr 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 12, Park Gate, Cheltenham last changed hands on 9th March 2018, selling for £175,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 30.9% since March 2018.
- Sold Mar 2018£175,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 400 metres of Flat 12, Park Gate, Cheltenham across the last 2 years.
Most recently, Flat 9, Park Gate, Park Place, Cheltenham, GL50 2QE, a leasehold flat, sold at £145,000 on the 14th March 2024.
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 Dec 2019£175,000 | 2 Bed FlatPark Gate, Park PlaceFlat 5, 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
Our analysis of the public data ranks Flat 12, Park Gate, Cheltenham as the 132nd largest and the 116th most expensive of the 156 addresses on Park Place, Cheltenham, GL50.
Against the GL50 postcode district average, it is £206k less expensive than the typical property.
More reading links
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
Cheltenham Spa station is the nearest stop to Flat 12, Park Gate, Cheltenham at 1.3 kilometres away.
- 1.3kmCheltenham Spa
- 10.9kmGloucester
- 12.3kmAshchurch 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.
