Parkway, Cheltenham
Parkway, Cheltenham
Description & Estimates
Parkway, Cheltenham is described in the public record as a modern house with 2,421 ft2 of internal area, sitting on a 576 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Parkway, Cheltenham is £1,240,683 and its rental estimate is £3,275 per month, given the available information and assuming reasonable condition.
West Drive, Cheltenham, GL50 falls within the GL50 postal district, in the borough of Cheltenham.
Our Data Sources
Parkway, Cheltenham has no records in the the Land Registry and a single entry in the EPC database dated June 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
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 Parkway, Cheltenham, we estimate a market value of £1,302,717 and a rental value of £3,439 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,153,835 and £3,046 per month respectively.
Recent Market Change
Over the last year, Parkway, Cheltenham has seen its estimated sale value rise by £4 (0.0%) and its estimated rental value move up by £117 per month (3.6%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for Parkway, Cheltenham as measuring 576 m2.
That makes it the 4th largest plot in the postcode, where 10 of the 12 other houses have recorded plot data.
Energy Efficiency
Parkway, Cheltenham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Parkway, Cheltenham have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th May 2024, was 8, Wellington Square, Cheltenham, GL50 4JU, a freehold house which sold for £1,210,000.
Read more about house prices in GL50.
- Sold May 2024£1,210,000 | 5 Bed House8, Wellington Square, Cheltenham, GL50 4JU8, Wellington Square, Cheltenham, GL50 4JU
- Sold Dec 2021£995,000 | 5 Bed HouseCanonbury, West Drive, Cheltenham, GL50 4LBCanonbury, West Drive, Cheltenham, GL50 4LB
- Sold Sep 2019£940,000 | 5 Bed House8, Wellesley Mews, Cheltenham, GL50 4LZ8, Wellesley Mews, Cheltenham, GL50 4LZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 12 addresses on West Drive, Cheltenham, GL50, Parkway, Cheltenham comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £861k more expensive than the average property across the GL50 district.
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Schools Nearby
- 100mDunalley Primary School
- 700mHoly Trinity Church of England Primary School
- 1.1kmThe Catholic School of Saint Gregory the Great
- 500mPittville School
- 2.8kmAll Saints' Academy, Cheltenham
- 3.2kmPate's Grammar School
More reading links
Public Transport Nearby
From Parkway, Cheltenham, the nearest station is Cheltenham Spa, 2.4 kilometres away.
- 2.4kmCheltenham Spa
- 10.4kmAshchurch for Tewkesbury
- 12.5kmGloucester
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.
