Flat 2, Mayfield House
Flat 2, Mayfield House
Description & Estimates
The public record describes Flat 2, Mayfield House, Cheltenham as a mid-century apartment with 968 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 2, Mayfield House, Cheltenham has an estimated sale value of £297,461 and an estimated rental value of £1,232 per month, assuming reasonable condition and based on the information available.
The apartment sits within Mayfield House, Lansdown Road, Cheltenham, GL50.
Lansdown Road, Cheltenham, GL50 lies in the borough of Cheltenham, within the GL50 postal district.
Our Data Sources
Flat 2, Mayfield House, Cheltenham has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, Mayfield House, Cheltenham would be worth £312,334, with a potential rental value of £1,294 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £276,639, with a rental value of £1,146 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 2, Mayfield House, Cheltenham has declined by £2,488 (0.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £32 (2.6%). The property's estimated gross yield is currently 5.0%.
Energy Efficiency
Flat 2, Mayfield House, Cheltenham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Oct 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 2, Mayfield House, Cheltenham last changed hands on 3rd November 1995, selling for £55,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Nov 1995£55,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 370 metres of Flat 2, Mayfield House, Cheltenham across the last 2 years.
Most recently, 1 Rutland Court, Douro Road, Cheltenham, GL50 2PE, a leasehold flat, sold at £325,000 on the 22nd March 2024.
Read more about house prices in GL50.
- Sold Mar 2024£325,000 | 3 Bed FlatDouro Road1 Rutland Court, Douro Road, Cheltenham, GL50 2PE
- Sold Feb 2021£442,500 | 2 Bed FlatSeven Arches, Lansdown ParadeFlat 4, Seven Arches, Lansdown Parade, Cheltenham, GL50 2LQ
- Sold Jul 2019£243,500 | 3 Bed FlatDouro Road8 Rutland Court, Douro Road, Cheltenham, GL50 2PE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 2, Mayfield House, Cheltenham as the 34th largest and the 69th most expensive of the 253 addresses on Lansdown Road, Cheltenham, GL50.
Against the GL50 postcode district average, it is £82k less expensive than the typical property.
More reading links
Schools Nearby
- 700mChrist Church CofE Primary School
- 1.0kmSt James' Church of England Primary School
- 1.0kmThe Catholic School of Saint Gregory the Great
- 1.1kmCheltenham Bournside School and Sixth Form Centre
- 2.3kmPate's Grammar School
- 2.6kmPittville School
More reading links
Public Transport Nearby
Cheltenham Spa station is the nearest stop to Flat 2, Mayfield House, Cheltenham at 800 metres away.
- 800mCheltenham Spa
- 10.7kmGloucester
- 11.8kmAshchurch 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.
