Flat 2 5 Royal Parade

    FLAT 2 5, ROYAL PARADE, CHELTENHAM, GL50 3AY

    This flat/maisonette leasehold property on Royal Parade last sold in October 2013 for £124,500. Based on price growth in the GL50 district since then, its estimated current value is £170,176 — placing it in the 17th percentile nationally and the 11th percentile within GL50. The property covers 23 m² (248 sq ft), giving an estimated value of £7,399 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    23 m²

    (248 sq ft)

    Last Sale Price

    £124,500

    Oct 2013

    Estimated Valuation

    £170,176

    Est. £/m²

    £7,399/m²

    £687/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialD
    Floor area23 m² (248 sq ft)
    EPC dateAug 2019
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    4 Oct 2013

    £124,500

    7 May 1999

    £52,500

    Key Metrics

    Estimated valuation£170,176
    Value per m² / sq ft£7,399/m² (£687/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    GL50 district percentile11th percentile
    National percentile17th 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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