Flat 1B, 3
Flat 1B, 3
Description & Estimates
Flat 1B, 3, Grafton Road, Cheltenham appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 1,060 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 1B, 3, Grafton Road, Cheltenham is £564,615 and its rental estimate is £1,987 per month, given the available information and assuming reasonable condition.
3, Grafton Road is a residential building on Grafton Road, Cheltenham, GL50 and falls within the GL50 postal district and the borough of Cheltenham.
Our Data Sources
Flat 1B, 3, Grafton Road, Cheltenham has 41 entries in the Land Registry , most recently in July 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 1B, 3, Grafton Road, Cheltenham, we estimate a market value of £592,846 and a rental value of £2,086 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £525,092 and £1,848 per month respectively.
Recent Market Change
Over the last year, Flat 1B, 3, Grafton Road, Cheltenham has seen its estimated sale value decline by £6,442 (1.1%) and its estimated rental value climb by £46 per month (2.3%). This results in an estimated gross rental yield of 4.2%.
Sold Prices
The most recent sale of Flat 1B, 3, Grafton Road, Cheltenham completed on 29th July 2016 at £385,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 2.1% over the period since July 2016.
- Sold Jul 2016£385,000
- Sold Jun 2012£355,000
- Sold Jun 2006£225,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1B, 3, Grafton Road, Cheltenham have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th November 2021, was Flat 2, 1, The Park, Cheltenham, GL50 2SL, a leasehold flat which sold for £570,000.
Read more about house prices in GL50.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 27 addresses on Grafton Road, Cheltenham, GL50, Flat 1B, 3, Grafton Road, Cheltenham comes out as the 15th largest and the 13th most expensive in our analysis of the public data.
It is also £185k more expensive than the average property across the GL50 district.
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Schools Nearby
- 700mSt James' Church of England Primary School
- 800mNaunton Park Primary School
- 1.3kmLeckhampton Church of England Primary School
- 1.2kmCheltenham Bournside School and Sixth Form Centre
- 2.9kmBalcarras School
- 2.9kmPittville School
More reading links
Public Transport Nearby
From Flat 1B, 3, Grafton Road, Cheltenham, the nearest station is Cheltenham Spa, 1.5 kilometres away.
- 1.5kmCheltenham Spa
- 10.9kmGloucester
- 12.4kmAshchurch for Tewkesbury
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
