Flat 37, Mercian Court, 46 Park Place, Cheltenham, GL50 2RA is a leasehold flat built between 1967-1975. The property offers approximately 495 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 £136,071 , which equates to approximately £275 per square foot. It was last sold on 12 Dec 1997 for £30,000. Since then, the value has increased by £106,071, representing a 353.6% increase, or approximately 12.6% per year.

The current estimated value of £136,071 is:

  • 70.3% lower than the average property price on Park Place
  • 32.1% lower than the average in the GL50 2RA postcode area
  • and 67.8% lower than the average price for Cheltenham as a whole

At the most recent EPC inspection on 13 January 2010, the property was recorded as owner-occupied.

View sold house prices in GL50 2RA

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£136,071
Price Per sq ft (estimate)
£275
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 37, 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 8 Jul 2020.

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 mostly double glazed.

The previous EPC assessment was conducted on 13 Jan 2010. The rating of D is unchanged, though the energy efficiency score decreased by 6%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from good to very good, while the system remained as from main system.
  • The roof energy efficiency changing from poor to very poor, with the construction or insulation remaining flat, limited insulation (assumed).
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The windows were upgraded from partial double glazing to mostly double glazing.
  • The lighting was updated from low energy lighting in 14% of fixed outlets to low energy lighting in 38% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Very Good
Roof
Flat, limited insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Mostly double glazing
Average
Lighting
Low energy lighting in 38% of fixed outlets
Average

Compared to GL50 2RA

19 th / 40
Price Rank
32% lower than average
15 th / 29
Size Rank
41% smaller than average
16 th / 29
Price Per Sq FT Rank
16% higher than average

Compared to other properties in GL50 2RA , this flat's estimated value ranks 19th out of 40. Based on price per square foot, it ranks 16th out of 29 properties. In terms of size, this home ranks 15th out of 29 properties in its postcode area.

Sale History

Today
£136,071
streetscan.co.uk estimate
+354 %
12 Dec 1997
£30,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 26, Mercian Court, 46 Park Place, Cheltenham, GL50 2RA
rooms: 3
size: 560 sq ft
sale price: £125,000
sale date: 15 Jul 2022
Flat 5, Mercian Court, 46 Park Place, Cheltenham, GL50 2RA
rooms: 2
size: 452 sq ft
sale price: £65,000
sale date: 22 Apr 2022
Flat 4, Mercian Court, 46 Park Place, Cheltenham, GL50 2RA
rooms: 2
size: 484 sq ft
sale price: £80,000
sale date: 30 Jun 2020
Flat 10, Mercian Court, 46 Park Place, Cheltenham, GL50 2RA
rooms: 4
size: 431 sq ft
sale price: £81,000
sale date: 5 Apr 2019
Flat 34, Mercian Court, 46 Park Place, Cheltenham, GL50 2RA
rooms: 3
size: 549 sq ft
sale price: £85,000
sale date: 21 Mar 2017

Data Sources

The property at Flat 37, Mercian Court, 46 Park Place, Cheltenham, Gloucestershire, GL50 2RA appears once in the Land Registry records, with the transaction recorded on 12 Dec 1997. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Jul 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.


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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