Flat 29, Park Gate
Flat 29, Park Gate
Description & Estimates
Flat 29, Park Gate, Cheltenham is recorded publicly as a modern leasehold apartment across 871 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 29, Park Gate, Cheltenham is £223,415 and its rental estimate is £1,089 per month, given the available information and assuming reasonable condition.
Park Gate, Park Place is a residential building on Park Place, Cheltenham, GL50 and falls within the GL50 postal district and the borough of Cheltenham.
Our Data Sources
Flat 29, Park Gate, Cheltenham has 21 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated October 2012.
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
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 29, Park Gate, Cheltenham, we estimate a market value of £234,586 and a rental value of £1,143 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £207,776 and £1,012 per month respectively.
Recent Market Change
Over the last year, Flat 29, Park Gate, Cheltenham has seen its estimated sale value move down by £214 (0.1%) and its estimated rental value increase by £39 per month (3.6%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
Flat 29, Park Gate, Cheltenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Flat 29, Park Gate, Cheltenham completed on 30th August 2019 at £275,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 30.9% over the period since August 2019.
- Sold Aug 2019£275,000
- Sold Dec 2001£163,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 29, Park Gate, Cheltenham have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th March 2021, was Flat 7, Park Gate, Park Place, Cheltenham, GL50 2QE, a leasehold flat which sold for £145,000.
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 Feb 2021£230,000 | 2 Bed FlatPark Gate, Park PlaceFlat 16, 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
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 156 addresses on Park Place, Cheltenham, GL50, Flat 29, Park Gate, Cheltenham comes out as the 64th largest and the 83rd most expensive in our analysis of the public data.
It is also £156k less expensive than the average property across the GL50 district.
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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
From Flat 29, Park Gate, Cheltenham, the nearest station is Cheltenham Spa, 1.3 kilometres away.
- 1.3kmCheltenham Spa
- 10.9kmGloucester
- 12.3kmAshchurch for Tewkesbury
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
