Flat 12A, Mercian Court, 46 Park Place, Cheltenham, GL50 2RA is a leasehold flat built before 1900. The property offers approximately 332 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £108,518 , which equates to approximately £325 per square foot. It was last sold on 26 Aug 2015 for £80,000. Since then, the value has increased by £28,518, representing a 35.6% increase, or approximately 3.5% per year.

The current estimated value of £108,518 is:

  • 76.3% lower than the average property price on Park Place
  • 45.8% lower than the average in the GL50 2RA postcode area
  • and 74.3% lower than the average price for Cheltenham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 18 May 2011, the property was recorded as owner-occupied.

View sold house prices in GL50 2RA

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
332 sq ft
Tenure
Leasehold
Price (estimate)
£108,518
Price Per sq ft (estimate)
£325
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 12A, Mercian Court, 46 Park Place, Cheltenham, Gloucestershire, GL50 2RA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 18 May 2011.

This property uses an electric boiler with radiators as its main heating source. Hot water is provided from main heating system. The windows have full secondary glazing.

The previous EPC assessment was conducted on 9 Oct 2008. The rating of D is unchanged, though the energy efficiency score decreased by 4.5%.

Since the previous assessment, several changes were observed:

  • The heating system changed from electric storage heaters to boiler and radiators, electric, with no change in energy efficiency (poor).
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from poor to average.
  • The wall construction or insulation changed from solid brick, as built, partial insulation (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from average to very poor.
  • The windows were upgraded from single glazed to full secondary glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in 80% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, electric
Poor
Hot Water
From main system
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to GL50 2RA

22 nd / 40
Price Rank
46% lower than average
29 th / 29
Size Rank
60% smaller than average
5 th / 29
Price Per Sq FT Rank
37% higher than average

Compared to other properties in GL50 2RA , this flat's estimated value ranks 22th out of 40. Based on price per square foot, it ranks 5th out of 29 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 29th out of 29 properties in its postcode area.

Sale History

Today
£108,518
streetscan.co.uk estimate
+36 %
26 Aug 2015
£80,000
Leasehold
+2.6 %
8 Jun 2012
£78,000
Leasehold
+358.8 %
22 Nov 1996
£17,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 377 sq ft
sale price: £63,000
sale date: 6 Aug 2024
rooms: 2
size: 344 sq ft
sale price: £55,000
sale date: 30 Jan 2015
rooms: 2
size: 339 sq ft
sale price: £54,500
sale date: 31 Oct 2014
rooms: 2
size: 369 sq ft
sale price: £38,500
sale date: 30 May 2014
rooms: 2
size: 344 sq ft
sale price: £41,000
sale date: 23 Jul 2013

Data Sources

The property at Flat 12A, Mercian Court, 46 Park Place, Cheltenham, GL50 2RA appears three times in the Land Registry records, with the latest transaction recorded on 26 Aug 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 May 2011. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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