Flat 18, Mercian Court, 46 Park Place, Cheltenham, GL50 2RA is a leasehold flat built between 1950-1966. The property offers approximately 377 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £63,626 , which equates to approximately £169 per square foot. It was last sold on 6 Aug 2024 for £63,000. Since then, the value has increased by £626, representing a 1.0% increase, or approximately 0.7% per year.

The current estimated value of £63,626 is:

  • 86.1% lower than the average property price on Park Place
  • 68.2% lower than the average in the GL50 2RA postcode area
  • and 84.9% lower than the average price for Cheltenham as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (4 out of 5 inspections). 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 23 June 2022, the property was recorded as owner-occupied.

View sold house prices in GL50 2RA

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
377 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£63,626
Price Per sq ft (estimate)
£169
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 18, Mercian Court, 46 Park Place, Cheltenham, Gloucestershire, GL50 2RA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Jun 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows have full secondary glazing.

The previous EPC assessment was conducted on 10 Nov 2021, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 6.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The wall energy efficiency changing from poor to very poor, with the construction or insulation remaining sandstone or limestone, as built, no insulation (assumed).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Flat, insulated
Average
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to GL50 2RA

30 th / 40
Price Rank
68% lower than average
23 rd / 29
Size Rank
55% smaller than average
14 th / 29
Price Per Sq FT Rank
29% lower than average

Compared to other properties in GL50 2RA , this flat's estimated value ranks 30th out of 40. Based on price per square foot, it ranks 14th out of 29 properties. In terms of size, this home ranks 23th out of 29 properties in its postcode area.

Sale History

Today
£63,626
streetscan.co.uk estimate
+1 %
6 Aug 2024
£63,000
Leasehold
+75 %
3 Jan 2001
£36,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 332 sq ft
sale price: £80,000
sale date: 26 Aug 2015
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: 388 sq ft
sale price: £48,000
sale date: 17 Sep 2013

Data Sources

The property at Flat 18, Mercian Court, 46 Park Place, Cheltenham, GL50 2RA appears two times in the Land Registry records, with the latest transaction recorded on 6 Aug 2024. It also has five Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Jun 2022. 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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