Flat 19, Mercian Court, 46 Park Place, Cheltenham, GL50 2RA is a leasehold flat built before 1900. The property offers approximately 388 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £73,225 , which equates to approximately £189 per square foot. It was last sold on 17 Sep 2013 for £48,000. Since then, the value has increased by £25,225, representing a 52.6% increase, or approximately 4.3% per year.

The current estimated value of £73,225 is:

  • 84.0% lower than the average property price on Park Place
  • 63.4% lower than the average in the GL50 2RA postcode area
  • and 82.7% 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 14 November 2012, 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
388 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£73,225
Price Per sq ft (estimate)
£189
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 19, 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 14 Nov 2012.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are single glazed.

The previous EPC assessment was conducted on 23 Aug 2011, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 21.6%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, off-peak to electric instantaneous at point of use, with its energy efficiency changing from poor to very poor.
  • The wall construction or insulation changed from sandstone, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from no low energy lighting to low energy lighting in 60% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, 300+ mm loft insulation
Very Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to GL50 2RA

21 st / 40
Price Rank
63% lower than average
20 th / 29
Size Rank
54% smaller than average
9 th / 29
Price Per Sq FT Rank
21% lower than average

Compared to other properties in GL50 2RA , this flat's estimated value ranks 21th out of 40. Based on price per square foot, it ranks 9th 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 20th out of 29 properties in its postcode area.

Sale History

Today
£73,225
streetscan.co.uk estimate
+53 %
17 Sep 2013
£48,000
Leasehold
-17.9 %
18 Aug 2006
£58,500
Leasehold
-10 %
11 Aug 2003
£65,000
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: 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

Data Sources

The property at Flat 19, Mercian Court, 46 Park Place, Cheltenham, GL50 2RA appears three times in the Land Registry records, with the latest transaction recorded on 17 Sep 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Nov 2012. 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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