The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.
BASEMENT FLAT is a flat, which could now be worth an estimated £237,934. It was last sold for £250,000 in October 2024, which was around 15% above the average October 2024 flat price in the Cheltenham local authority area.
Land registry data shows two sales for BASEMENT FLAT since 1st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Cheltenham local authority area for the corresponding sale date. One of the two BASEMENT FLAT sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
| Date | Price | HPI Price | Variation from HPI |
|---|---|---|---|
2024 30 OCT | £250,000 | £217,679 | 15% above HPI |
2005 1 JUN | £75,000 | £134,499 | 44% below HPI |
BASEMENT FLAT might now be worth an estimated £237,934.
This is based on house price deflation of 4.8%, between October 2024 and April 2026, for flats, in the Cheltenham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).
The 4.8% deflationary decrease is applied to the most recent sale price for BASEMENT FLAT of £250,000 on 30th October 2024. For the value to have decreased from £250,000 to £237,934 over the two years and six months to April 2026, the following assumptions must hold true:
Most recent sales first: