Flat 6, Mercian Court, 46 Park Place, Cheltenham, GL50 2RA is a leasehold flat built before 1900. The property offers approximately 344 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 £78,815 , which equates to approximately £229 per square foot. It was last sold on 30 Jan 2015 for £55,000. Since then, the value has increased by £23,815, representing a 43.3% increase, or approximately 4.0% per year.

The current estimated value of £78,815 is:

  • 82.8% lower than the average property price on Park Place
  • 60.7% lower than the average in the GL50 2RA postcode area
  • and 81.3% 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 9 June 2023, the property was recorded as owner-occupied.

View sold house prices in GL50 2RA

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
344 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£78,815
Price Per sq ft (estimate)
£229
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 6, Mercian Court, 46 Park Place, Cheltenham, Gloucestershire, GL50 2RA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Jun 2023.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are single glazed.

The previous EPC assessment was conducted on 13 Sep 2022, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 10.6%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Sandstone or limestone, 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 2RA

27 th / 40
Price Rank
61% lower than average
27 th / 29
Size Rank
59% smaller than average
10 th / 29
Price Per Sq FT Rank
4% lower than average

Compared to other properties in GL50 2RA , this flat's estimated value ranks 27th out of 40. Based on price per square foot, it ranks 10th out of 29 properties. In terms of size, this home ranks 27th out of 29 properties in its postcode area.

Sale History

Today
£78,815
streetscan.co.uk estimate
+43 %
30 Jan 2015
£55,000
Leasehold
-7.6 %
27 Sep 2004
£59,500
Leasehold
+138 %
1 May 1998
£25,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 377 sq ft
sale price: £63,000
sale date: 6 Aug 2024
rooms: 2
size: 332 sq ft
sale price: £80,000
sale date: 26 Aug 2015
rooms: 2
size: 339 sq ft
sale price: £54,500
sale date: 31 Oct 2014
rooms: 2
size: 369 sq ft
sale price: £38,500
sale date: 30 May 2014
rooms: 2
size: 388 sq ft
sale price: £48,000
sale date: 17 Sep 2013

Data Sources

The property at Flat 6, Mercian Court, 46 Park Place, Cheltenham, GL50 2RA appears three times in the Land Registry records, with the latest transaction recorded on 30 Jan 2015. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Jun 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.


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.