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1 Nicholls Way is a residential building situated on Nicholls Way, Gloucester, GL1 with 9 addresses.
It ranks as the 864th largest and 936th most expensive of the 1,054 buildings in the GL1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 9 properties: 9 flats.
1 Nicholls Way is a residential building situated on Nicholls Way, Gloucester, GL1 with 9 addresses.
It ranks as the 864th largest and 936th most expensive of the 1,054 buildings in the GL1 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 9 properties: 9 flats.
Sale prices range from £169,472 for 2 bedroom Leasehold flats (505 ft2) to £209,174 for 2 bedroom Leasehold flats (742 ft2) .
Monthly rental prices range from £865 pcm for 2 bed flats to £999 pcm for 2 bed flats.
The gross rental yield is between 5.7% and 6.1%.
The average value per square foot is £335.
The current average value in the building is £182,706.
The 1 Nicholls Way Sales Market has increased by 21.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.2% | £182,706 |
| May 2025 | 1.4% | £184,871 |
| May 2024 | -1.1% | £182,283 |
| May 2023 | -0.3% | £184,289 |
| May 2022 | 8.4% | £184,831 |
| May 2021 | 4.8% | £170,509 |
| May 2020 | 0.3% | £162,639 |
| May 2019 | 1.7% | £162,225 |
| May 2018 | 3.1% | £159,545 |
| May 2017 | 2.6% | £154,794 |
| May 2016 | 6.9% | £150,868 |
| May 2015 | 4.7% | £141,174 |
| May 2014 | 5.1% | £134,895 |
| May 2013 | -0.8% | £128,362 |
| May 2012 | 0.9% | £129,371 |
| May 2011 | -3.4% | £128,190 |
| May 2010 | 4.8% | £132,649 |
| May 2009 | -16% | £126,525 |
| May 2008 | -6.2% | £150,676 |
| May 2007 | 0% | £160,649 |
The current average rental value in the building is £910.
The 1 Nicholls Way Rental Market has increased by 54.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.6% | £910pcm |
| May 2025 | 6.7% | £887pcm |
| May 2024 | 8.5% | £831pcm |
| May 2023 | 9.2% | £765pcm |
| May 2022 | 6% | £701pcm |
| May 2021 | 5.4% | £661pcm |
| May 2020 | 3% | £628pcm |
| May 2019 | 0% | £609pcm |
| May 2018 | 0.9% | £609pcm |
| May 2017 | 2.5% | £603pcm |
| May 2016 | 2.5% | £588pcm |
| May 2015 | 1.5% | £574pcm |
| May 2014 | 1% | £566pcm |
| May 2013 | 1% | £560pcm |
| May 2012 | -0.1% | £554pcm |
| May 2011 | 2.8% | £555pcm |
| May 2010 | 1% | £540pcm |
| May 2009 | -10.4% | £534pcm |
| May 2008 | 2.9% | £596pcm |
| May 2007 | 0% | £579pcm |
The closest station to 1, Nicholls Way, Gloucester, GL1 3FD is Gloucester station which is 1.0 kilometres away.
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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 1, Nicholls Way, Gloucester, GL1 3FD, 40.8% of property is privately owned outright and 29.1% is privately rented.
The graph below shows how this compares to South West 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 1, Nicholls Way, Gloucester, GL1 3FD, 35.6% of residents are recorded as possessing school level qualifications and 27.1% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Nicholls Way, Gloucester, GL1 3FD, the average age was 41.4 and the most common age was 22.
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 1, Nicholls Way, Gloucester, GL1 3FD, 0.7% 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 1, Nicholls Way, Gloucester, GL1 3FD, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.