Flat 3, 3 Malvern Place, Cheltenham, GL50 2JN is a leasehold flat built before 1900. The property offers approximately 484 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £233,563 , which equates to approximately £482 per square foot. It was last sold on 1 Sep 2003 for £120,000. Since then, the value has increased by £113,563, representing a 94.6% increase, or approximately 4.2% per year.

The current estimated value of £233,563 is:

  • 49.5% lower than the average property price on Malvern Place
  • 66.5% lower than the average in the GL50 2JN postcode area
  • and 44.7% lower than the average price for Cheltenham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 7 July 2022, the property was recorded as rented.

View sold house prices in GL50 2JN

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£233,563
Price Per sq ft (estimate)
£482
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, 3 Malvern Place, Cheltenham, Gloucestershire, GL50 2JN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 7 Jul 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are single glazed.

The previous EPC assessment was conducted on 22 Aug 2012. The rating of D remains the same, but the energy efficiency score improved by 14%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to granite or whinstone, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The lighting was updated from low energy lighting in 43% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Granite or whinstone, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to GL50 2JN

12 th / 18
Price Rank
66% lower than average
12 th / 16
Size Rank
71% smaller than average
7 th / 16
Price Per Sq FT Rank
16% higher than average

Compared to other properties in GL50 2JN , this flat's estimated value ranks 12th out of 18. Based on price per square foot, it ranks 7th out of 16 properties. In terms of size, this home ranks 12th out of 16 properties in its postcode area.

Sale History

Today
£233,563
streetscan.co.uk estimate
+95 %
1 Sep 2003
£120,000
Leasehold
+182.4 %
5 Jun 1996
£42,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 2, 3 Malvern Place, Cheltenham, GL50 2JN
rooms: 2
size: 453 sq ft
sale price: £165,000
sale date: 9 Nov 2017

Data Sources

The property at Flat 3, 3 Malvern Place, Cheltenham, GL50 2JN appears two times in the Land Registry records, with the latest transaction recorded on 1 Sep 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jul 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.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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