Flat 2, Mercian Court, 46 Park Place, Cheltenham, GL50 2RA is a leasehold flat built between 1900-1929. The property offers approximately 334 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 £120,650 , which equates to approximately £362 per square foot. It was last sold on 20 Apr 2000 for £38,000. Since then, the value has increased by £82,650, representing a 217.5% increase, or approximately 8.5% per year.

The current estimated value of £120,650 is:

  • 73.6% lower than the average property price on Park Place
  • 39.8% lower than the average in the GL50 2RA postcode area
  • and 71.4% lower than the average price for Cheltenham as a whole

View sold house prices in GL50 2RA

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
334 sq ft
Tenure
Leasehold
Price (estimate)
£120,650
Price Per sq ft (estimate)
£362
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 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 12 Feb 2020.

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 6 Apr 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 6%.

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 hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from sandstone, as built, no insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The windows were upgraded from single glazed to full secondary glazing.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Sandstone or limestone, 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

23 rd / 40
Price Rank
40% lower than average
28 th / 29
Size Rank
60% smaller than average
6 th / 29
Price Per Sq FT Rank
52% higher than average

Compared to other properties in GL50 2RA , this flat's estimated value ranks 23th out of 40. Based on price per square foot, it ranks 6th 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 28th out of 29 properties in its postcode area.

Sale History

Today
£120,650
streetscan.co.uk estimate
+218 %
20 Apr 2000
£38,000
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 2, Mercian Court, 46 Park Place, Cheltenham, Gloucestershire, GL50 2RA appears once in the Land Registry records, with the transaction recorded on 20 Apr 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Feb 2020. 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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