Flat 4, 8 Royal Parade, Cheltenham, GL50 3AY is a leasehold flat built before 1900. The property offers approximately 1,066 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £575,674 , which equates to approximately £540 per square foot. It was last sold on 16 Mar 2020 for £482,750. Since then, the value has increased by £92,924, representing a 19.2% increase, or approximately 3.3% per year.

The current estimated value of £575,674 is:

  • 20.7% lower than the average property price on Royal Parade
  • 30.3% lower than the average in the GL50 3AY postcode area
  • and 36.3% higher 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 7 September 2015, the property was recorded as owner-occupied.

View sold house prices in GL50 3AY

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1066 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£575,674
Price Per sq ft (estimate)
£540
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 4, 8 Royal Parade, Cheltenham, Gloucestershire, GL50 3AY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 7 Sep 2015.

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 21 May 2015. The rating of D remains the same, but the energy efficiency score improved by 3.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 50 mm loft insulation to pitched, 75 mm loft insulation, improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 36% of fixed outlets, with efficiency changing from very good to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 75 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 36% of fixed outlets
Average

Compared to GL50 3AY

17 th / 39
Price Rank
30% lower than average
14 th / 24
Size Rank
35% smaller than average
15 th / 24
Price Per Sq FT Rank
7% higher than average

Compared to other properties in GL50 3AY , this flat's estimated value ranks 17th out of 39. Based on price per square foot, it ranks 15th out of 24 properties. In terms of size, this home ranks 14th out of 24 properties in its postcode area.

Sale History

Today
£575,674
streetscan.co.uk estimate
+19 %
16 Mar 2020
£482,750
Leasehold
+7.3 %
27 Oct 2017
£450,000
Leasehold
+669.2 %
27 Apr 1995
£58,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 926 sq ft
sale price: £425,000
sale date: 5 Dec 2019

Data Sources

The property at Flat 4, 8 Royal Parade, Cheltenham, GL50 3AY appears three times in the Land Registry records, with the latest transaction recorded on 16 Mar 2020. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Sep 2015. 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.