Model valuation£417,0008 Busby Close
Local market context
Flat 1 is a semi-detached house in Cheltenham (GL50 1UA). It has a recorded floor area of 52 m² (around 557 sq ft), construction records dating it to before 1900 and council tax band B. At 52 m² this is the 2nd smallest of 6 units on EPC record in the building, where floor areas span 42–96 m². The building's EPC ratings span E to D, with this unit at the top. The latest certificate (September 2010) shows a D (score 55), a step below the typical UK home. The latest certificate is from September 2010, so improvements made since then won't be reflected.
Across 1999–2012, sale prices on this property compounded at 6.2% per year. Today's modelled estimate of £216,000 sits 61.2% above the 2012 sale of £134,000. On a £-per-square-foot basis, the last sale (£241/sq ft) was about 21.4% above the typical sold price in the postcode. At 52 m² it sits well below the postcode median (96 m² across 13 EPCs), making it one of the more compact homes locally. 4 planning records sit against the property, 4 approved, 0 refused. Past consents include new windows, meaningful when judging how the property has evolved. Last sold in June 2012, so it's been off the market for around 14 years.
Flat 1's EPC is over a decade old — improvements since won't be reflected.
This certificate is over 10 years old and is no longer valid.Expired 08 Sept 2020
Certificate validity
Expired on 8 September 2020
Get a survey for this property
Because the property was built before 1919 and has solid (non-cavity) walls, we believe a Level 3 building survey should be considered.
From £885 · Includes VAT
Flat 1 has been through 4 approved planning applications — a well-evolved property.
4 applications on record at Flat 1, 9 Montpellier Parade, Cheltenham, GL50 1UA
Replacement of x 3 existing casement windows to existing bathroom, airing cupboard and kitchen within ground floor of flat 1
+ 1 more application in the report
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Flat 1 has more than doubled in price since the earliest registered sale in 1999.
£216,000
Modelled from EPC, postcode comparables and a sale-price growth of 6.2% per year over 13 years.
£134,000
Growth on file: 6.2% per year over 13 years.
28 June 2012Most recent
£134,000
+123.3%over 13 years22 January 1999
£60,000
Median price across the last 5 sales in GL50 1UA: £841,955 (2022–2019).
2 Calderwood Court, Montpellier Parade, Cheltenham, GL50 1UA
Sold May 2022
Flat 3, 9 Montpellier Parade, Cheltenham, GL50 1UA
Sold Jul 2021
3 Calderwood Court, Montpellier Parade, Cheltenham, GL50 1UA
Sold Sept 2020
1 Calderwood Court, Montpellier Parade, Cheltenham, GL50 1UA
Sold Jul 2020
Burford Lodge, Flat 6, 5 Montpellier Parade, Cheltenham, GL50 1UA
Sold Aug 2019
Floor Area for Flat 1 lags the street by a wide margin.
Price per m²
£2,591
Street avg £2,235
Floor Area
52 m²
Street avg 72 m²
Habitable Rooms
2 rooms
Street avg 3 rooms
CO₂ Emissions
3.8 t/year
Street avg 3.1 t/year
Property research, connected
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Crime
224/mo
Falling year-on-year across the wider district.
Nearest stop
0.1 km
Suffolk Parade — bus stop.
Closest school
0.8 km
St John's Church of England Primary School. 29 schools nearby.
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