Flat 19 Mercian Court, 46 Park Place

    FLAT 19 MERCIAN COURT, 46, PARK PLACE, CHELTENHAM, GL50 2RA

    This flat/maisonette leasehold property on Park Place last sold in September 2013 for £48,000. Based on price growth in the GL50 district since then, its estimated current value is £65,610 — placing it in the 1st percentile nationally and the 0th percentile within GL50. The property covers 36 m² (388 sq ft), giving an estimated value of £1,823 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    36 m²

    (388 sq ft)

    Last Sale Price

    £48,000

    Sept 2013

    Estimated Valuation

    £65,610

    Est. £/m²

    £1,823/m²

    £169/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed End-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area36 m² (388 sq ft)
    EPC dateNov 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    17 Sept 2013

    £48,000

    18 Aug 2006

    £58,500

    11 Aug 2003

    £65,000

    Key Metrics

    Estimated valuation£65,610
    Value per m² / sq ft£1,823/m² (£169/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    GL50 district percentile0th percentile
    National percentile1st 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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