According to the public record, Flat 2, Blake House 23, Cheltenham is a period leasehold apartment and with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in Blake House, Knapp Road, Cheltenham, GL50.
Knapp Road, Cheltenham, GL50 is located in the borough of Cheltenham within the GL50 postal district.
Flat 2, Blake House 23, Cheltenham has 2 entries in the Land Registry database, most recently in June 2022 and 2 entries in the EPC database, most recently in June 2022.
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 Flat 2 Blake House 23 Cheltenham as £156,467 and the rental value as £991 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of Flat 2 Blake House 23 Cheltenham has increased by £3,053 (2.0%) and its rental value has decreased by £11 per month (1.1%).
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 Flat 2, Blake House 23, Cheltenham is in very good condition we estimate a sale value of £164,291 and rental value of £1,041 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,515 and a rental value of £922 per month.
If you were able to purchase this property for the estimated value of £156,467, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £769 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, Flat 2, Blake House 23, Cheltenham was last sold on 27 Jun 2022 for £165,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2022, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Blake House 23, Cheltenham within a radius of 257m over the last 2 years.
The most recent example is Flat 5, 5, St. Georges Square, Cheltenham, GL50 3LJ, a Leasehold flat which sold for £153,000 in May 2024.
Read more about house prices in GL50.
Knapp Road, Cheltenham, GL50 has a total of 56 addresses. According to our analysis of all the public data, Flat 2, Blake House 23, Cheltenham is the 40th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £220k less expensive than the average property in GL50.
Flat 2, Blake House 23, Cheltenham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 2, Blake House 23, Cheltenham is Cheltenham Spa station which is 1.4 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 Flat 2, Blake House 23, Cheltenham, 68.8% of property is privately rented and 20.8% is privately owned outright.
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 Flat 2, Blake House 23, Cheltenham, 11.4% of residents are recorded as possessing school level qualifications and 49.8% 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 Flat 2, Blake House 23, Cheltenham, the average age was 41.2 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 Flat 2, Blake House 23, 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 Flat 2, Blake House 23, Cheltenham, there are an average of 0.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.