Flat 4, Melrose, 6 The Park, Cheltenham, GL50 2SG is a leasehold flat built before 1900. The property offers approximately 517 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 £244,819 , which equates to approximately £474 per square foot. It was last sold on 29 May 2018 for £200,000. Since then, the value has increased by £44,819, representing a 22.4% increase, or approximately 3.0% per year.

The current estimated value of £244,819 is:

  • 55.2% lower than the average property price on The Park
  • 22.6% lower than the average in the GL50 2SG postcode area
  • and 42.1% lower than the average price for Cheltenham as a whole

At the most recent EPC inspection on 2 November 2017, the property was recorded as owner-occupied.

View sold house prices in GL50 2SG

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
517 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£244,819
Price Per sq ft (estimate)
£474
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, Melrose, 6 The Park, Cheltenham, Gloucestershire, GL50 2SG has an Energy Performance Certificate (EPC) rating of G, based on the latest assessment carried out on 5 Jun 2018.

This property uses an electric boiler with radiators 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 2 Nov 2017, when the property was rated F. The current rating of G reflects a decline in energy efficiency of 46.4%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 100 mm loft insulation, changing energy efficiency from good to average.
  • The wall construction or insulation changed from sandstone or limestone, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 14% of fixed outlets, with efficiency changing from very good to poor.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Very Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 14% of fixed outlets
Poor

Compared to GL50 2SG

29 th / 39
Price Rank
23% lower than average
31 st / 36
Size Rank
36% smaller than average
8 th / 36
Price Per Sq FT Rank
20% higher than average

Compared to other properties in GL50 2SG , this flat's estimated value ranks 29th out of 39. Based on price per square foot, it ranks 8th out of 36 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 31th out of 36 properties in its postcode area.

Sale History

Today
£244,819
streetscan.co.uk estimate
+22 %
29 May 2018
£200,000
Leasehold
+37.9 %
8 Dec 2016
£145,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 9, Beaufort Court, 10 The Park, Cheltenham, GL50 2SG
rooms: 2
size: 517 sq ft
sale price: £195,000
sale date: 23 Jan 2023
Flat 4, Lindholme, 8 The Park, Cheltenham, GL50 2SG
rooms: 2
size: 535 sq ft
sale price: £190,000
sale date: 6 Jul 2018
Flat 2, Beaufort Court, 10 The Park, Cheltenham, GL50 2SG
rooms: 2
size: 517 sq ft
sale price: £116,500
sale date: 25 Nov 2013
Flat 6, Beaufort Court, 10 The Park, Cheltenham, GL50 2SG
rooms: 2
size: 517 sq ft
sale price: £128,200
sale date: 18 Mar 2005
Flat 3, Beaufort Court, 10 The Park, Cheltenham, GL50 2SG
rooms: 3
size: 592 sq ft
sale price: £141,000
sale date: 19 Aug 2004

Data Sources

The property at Flat 4, Melrose, 6 The Park, Cheltenham, GL50 2SG appears two times in the Land Registry records, with the latest transaction recorded on 29 May 2018. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Jun 2018. 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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