Flat 18 Mercian Court, 46 Park Place

    FLAT 18 MERCIAN COURT, 46, PARK PLACE, CHELTENHAM, GL50 2RA

    This flat/maisonette leasehold property on Park Place last sold in August 2024 for £63,000. Based on price growth in the GL50 district since then, its estimated current value is £60,287 — placing it in the 0th percentile nationally and the 0th percentile within GL50. The property covers 32 m² (344 sq ft), giving an estimated value of £1,884 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    32 m²

    (344 sq ft)

    Last Sale Price

    £63,000

    Aug 2024

    Estimated Valuation

    £60,287

    Est. £/m²

    £1,884/m²

    £175/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialD
    Floor area32 m² (344 sq ft)
    EPC dateAug 2019
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    6 Aug 2024

    £63,000

    3 Jan 2001

    £36,000

    Key Metrics

    Estimated valuation£60,287
    Value per m² / sq ft£1,884/m² (£175/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    GL50 district percentile0th percentile
    National percentile0th percentile

    District Context — GL50

    GL50 covers Cheltenham and its surrounding areas in Gloucestershire, located in the west of England. It is an affluent spa town with strong cultural attractions, good schools, and appeal to both families and young professionals.

    Average Property Price - GL50

    £399,680

    67

    National percentile

    Average Net Household Income - GL50

    £40,676

    61

    National percentile

    10-Year Annualised Price Growth - GL50

    3.3%

    38

    National percentile

    10-Year Annualised Rent Growth - GL

    4.2%

    65

    National percentile

    View full analysis for GL50

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