Flat 23, Park Gate
Flat 23, Park Gate
Description & Estimates
Public records show Flat 23, Park Gate, Cheltenham to be a modern leasehold apartment with 376 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a balcony.
Flat 23, Park Gate, Cheltenham has an estimated sale value of £144,879 and an estimated rental value of £801 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 23, Park Gate, Cheltenham has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated July 2020.
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 23, Park Gate, Cheltenham would be worth £152,123, with a potential rental value of £841 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £134,737, with a rental value of £744 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 23, Park Gate, Cheltenham has risen by £768 (0.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £33 (4.1%). The property's estimated gross yield is currently 6.6%.
Energy Efficiency
Flat 23, Park Gate, Cheltenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jul 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 23, Park Gate, Cheltenham last changed hands on 7th October 2022, selling for £77,500. 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 4.1% since October 2022.
- Sold Oct 2022£77,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 400 metres of Flat 23, Park Gate, Cheltenham across the last 2 years.
Most recently, Flat 3, Ashford House 2, Ashford Road, Cheltenham, GL50 2QZ, a leasehold flat, sold at £120,000 on the 16th October 2024.
Read more about house prices in GL50.
- Sold Oct 2024£120,000 | 1 Bed FlatAshford House 2, Ashford RoadFlat 3, Ashford House 2, Ashford Road, Cheltenham, GL50 2QZ
- Sold Oct 2024£157,500 | 1 Bed FlatAshford House 2, Ashford RoadFlat 10, Ashford House 2, Ashford Road, Cheltenham, GL50 2QZ
- Sold May 2022£122,500 | 1 Bed FlatAshford House 2, Ashford RoadFlat 2, Ashford House 2, Ashford Road, Cheltenham, GL50 2QZ
•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 23, Park Gate, Cheltenham as the 143rd largest and the 118th most expensive of the 156 addresses on Park Place, Cheltenham, GL50.
Against the GL50 postcode district average, it is £235k 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 23, 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.
