3 Festival Way

    3, FESTIVAL WAY, CHELTENHAM, GL50 4DN

    This semi-detached freehold property on Festival Way last sold in December 2020 for £283,000. Based on price growth in the GL50 district since then, its estimated current value is £305,511 — placing it in the 50th percentile nationally and the 52nd percentile within GL50. The property covers 85 m² (915 sq ft), giving an estimated value of £3,594 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    85 m²

    (915 sq ft)

    Last Sale Price

    £283,000

    Dec 2020

    Estimated Valuation

    £305,511

    Est. £/m²

    £3,594/m²

    £334/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area85 m² (915 sq ft)
    EPC dateNov 2015
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Dec 2020

    £283,000

    18 Dec 2015

    New build

    £234,995

    Key Metrics

    Estimated valuation£305,511
    Value per m² / sq ft£3,594/m² (£334/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    GL50 district percentile52nd percentile
    National percentile50th 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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