According to the public record, 27B, New Street, Cheltenham is a modern leasehold apartment and with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 27, New Street, Cheltenham, GL50.
New Street, Cheltenham, GL50 is located in the borough of Cheltenham within the GL50 postal district.
27B, New Street, Cheltenham has 2 entries in the Land Registry database, most recently in September 2021 and a single entry in the EPC database dated December 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 27B New Street Cheltenham as £200,887 and the rental value as £1,164 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 27B New Street Cheltenham has increased by £4,484 (2.2%) and its rental value has decreased by £9 per month (0.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 27B, New Street, Cheltenham is in very good condition we estimate a sale value of £210,931 and rental value of £1,222 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,825 and a rental value of £1,083 per month.
If you were able to purchase this property for the estimated value of £200,887, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £987 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 27B, New Street, Cheltenham was last sold on 20 Sep 2021 for £186,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2021, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27B, New Street, Cheltenham within a radius of 203m over the last 2 years.
The most recent example is Apartment 6, St. James North 1, St. James Square, Cheltenham, GL50 3PY, a Leasehold flat which sold for £162,500 in Feb 2024.
Read more about house prices in GL50.
New Street, Cheltenham, GL50 has a total of 84 addresses. According to our analysis of all the public data, 27B, New Street, Cheltenham is the 53rd largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in GL50.
27B, New Street, Cheltenham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Dec 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 27B, New Street, Cheltenham is Cheltenham Spa station which is 1.5 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 27B, New Street, Cheltenham, 53.6% of property is privately rented and 17.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 27B, New Street, Cheltenham, 14.5% of residents are recorded as possessing school level qualifications and 37.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 27B, New Street, Cheltenham, the average age was 39 and the most common age was 27.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 27B, New Street, Cheltenham, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 27B, New Street, Cheltenham, there are an average of 0.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.