Flat 16, Park Gate
Flat 16, Park Gate
Description & Estimates
According to the public record, Flat 16, Park Gate, Cheltenham is a modern leasehold apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 16, Park Gate, Cheltenham is £224,730 and the estimated rental value is £1,091 per month.
The apartment is within Park Gate, Park Place, Cheltenham, GL50.
Park Place, Cheltenham, GL50 is located in the borough of Cheltenham within the GL50 postal district.
Our Data Sources
Flat 16, Park Gate, Cheltenham has 41 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated May 2015.
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
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 Flat 16, Park Gate, Cheltenham is in very good condition we estimate a sale value of £235,967 and a rental value of £1,145 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,999 and a rental value of £1,015 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 16, Park Gate, Cheltenham has decreased by £215 (0.1%), while its estimated rental value has grown by £39 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Energy Efficiency
Flat 16, Park Gate, Cheltenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 May 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 16, Park Gate, Cheltenham was last sold on 26th February 2021 for £230,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since February 2021, the market for similar properties has risen by 25.8%.
- Sold Feb 2021£230,000
- Sold Apr 2018£220,000
- Sold Apr 2008£174,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, Park Gate, Cheltenham within a radius of 400 metres over the last 2 years.
The most recent example is Flat 7, Park Gate, Park Place, Cheltenham, GL50 2QE, a leasehold flat which sold for £145,000 on the 16th March 2021.
Read more about house prices in GL50.
- Sold Mar 2021£145,000 | 2 Bed FlatPark Gate, Park PlaceFlat 7, Park Gate, Park Place, Cheltenham, GL50 2QE
- Sold Mar 2020£200,000 | 2 Bed FlatPark Gate, Park PlaceFlat 28, Park Gate, Park Place, Cheltenham, GL50 2QE
- Sold Aug 2019£275,000 | 2 Bed FlatPark Gate, Park PlaceFlat 29, Park Gate, Park Place, Cheltenham, GL50 2QE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Park Place, Cheltenham, GL50 has a total of 156 addresses. According to our analysis of all the public data, Flat 16, Park Gate, Cheltenham is the 63rd largest and the 82nd most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in GL50.
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
The closest station to Flat 16, Park Gate, Cheltenham is Cheltenham Spa station, which is 1.3 kilometres away.
- 1.3kmCheltenham Spa
- 10.9kmGloucester
- 12.3kmAshchurch for Tewkesbury
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
