Flat 23, Somerset House Knapp Road, Cheltenham, GL50 3QQ is a leasehold flat built before 1900. The property offers approximately 538 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 £73,526 , which equates to approximately £137 per square foot. It was last sold on 3 Nov 2023 for £71,500. Since then, the value has increased by £2,026, representing a 2.8% increase, or approximately 1.3% per year.

The current estimated value of £73,526 is:

  • 58.7% lower than the average property price on Knapp Road
  • 62.3% lower than the average in the GL50 3QQ postcode area
  • and 82.6% 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 4 April 2023, the property was recorded as owner-occupied.

View sold house prices in GL50 3QQ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£73,526
Price Per sq ft (estimate)
£137
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 23, Somerset House Knapp Road, Cheltenham, Gloucestershire, GL50 3QQ has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 4 Apr 2023.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows have full secondary glazing.

The previous EPC assessment was conducted on 7 May 2011, when the property was rated C. The current rating of F reflects a decline in energy efficiency of 58.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water system was changed from electric immersion, off-peak to electric instantaneous at point of use, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from flat, insulated (assumed) to flat, no insulation (assumed), changing energy efficiency from average to very poor.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 12% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Flat, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Full secondary glazing
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to GL50 3QQ

49 th / 51
Price Rank
62% lower than average
23 rd / 41
Size Rank
27% smaller than average
40 th / 41
Price Per Sq FT Rank
48% lower than average

Compared to other properties in GL50 3QQ , this flat's estimated value ranks 49th out of 51. Based on price per square foot, it ranks 40th out of 41 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 23th out of 41 properties in its postcode area.

Sale History

Today
£73,526
streetscan.co.uk estimate
+3 %
3 Nov 2023
£71,500
Leasehold
+43 %
11 Dec 2015
£50,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 463 sq ft
sale price: £72,000
sale date: 25 Oct 2024
rooms: 3
size: 570 sq ft
sale price: £78,000
sale date: 8 Jan 2024
rooms: 3
size: 538 sq ft
sale price: £72,500
sale date: 28 Nov 2022
rooms: 2
size: 463 sq ft
sale price: £70,000
sale date: 6 May 2022
rooms: 2
size: 603 sq ft
sale price: £60,000
sale date: 18 Jun 2021

Data Sources

The property at Flat 23, Somerset House Knapp Road, Cheltenham, GL50 3QQ appears two times in the Land Registry records, with the latest transaction recorded on 3 Nov 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Apr 2023. 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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