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38 Colerne Drive is a residential building situated on Colerne Drive, Hucclecote, Gloucester, GL3 with 18 addresses.
It ranks as the 133rd largest and 7th most expensive of the 146 buildings in the GL3 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 18 properties: 18 flats.
38 Colerne Drive is a residential building situated on Colerne Drive, Hucclecote, Gloucester, GL3 with 18 addresses.
It ranks as the 133rd largest and 7th most expensive of the 146 buildings in the GL3 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 18 properties: 18 flats.
Sale prices range from £84,984 for studio Leasehold flats (172 ft2) to £169,441 for 2 bedroom Leasehold flats (710 ft2) .
Monthly rental prices range from £541 pcm for studio flats to £1,014 pcm for 2 bed flats.
The gross rental yield is between 7.2% and 7.7%.
The average value per square foot is £430.
The last sale in 38 Colerne Drive sold for £352,000 on 16th August 2000. Since then prices are down an average of 0.0%.
The current average value in the building is £103,863.
The 38 Colerne Drive Sales Market has increased by 30.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.7% | £103,863 |
| May 2025 | 3.5% | £103,169 |
| May 2024 | -2% | £99,658 |
| May 2023 | -0.2% | £101,741 |
| May 2022 | 10.5% | £101,917 |
| May 2021 | 6% | £92,194 |
| May 2020 | 1.8% | £86,996 |
| May 2019 | -1.7% | £85,434 |
| May 2018 | 4.8% | £86,933 |
| May 2017 | 3.9% | £82,963 |
| May 2016 | 4.2% | £79,857 |
| May 2015 | 4.5% | £76,672 |
| May 2014 | 6.5% | £73,365 |
| May 2013 | 1.4% | £68,878 |
| May 2012 | -0.7% | £67,911 |
| May 2011 | -2.5% | £68,381 |
| May 2010 | 3.9% | £70,133 |
| May 2009 | -14.6% | £67,471 |
| May 2008 | 0.4% | £79,006 |
| May 2007 | 0% | £78,682 |
The current average rental value in the building is £659.
The 38 Colerne Drive Rental Market has increased by 60.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5% | £659pcm |
| May 2025 | 7.5% | £627pcm |
| May 2024 | 7.9% | £584pcm |
| May 2023 | 9% | £541pcm |
| May 2022 | 7.1% | £496pcm |
| May 2021 | 5.4% | £463pcm |
| May 2020 | 3.6% | £440pcm |
| May 2019 | 0% | £424pcm |
| May 2018 | 1.5% | £424pcm |
| May 2017 | 2% | £418pcm |
| May 2016 | 2.3% | £410pcm |
| May 2015 | 1.9% | £400pcm |
| May 2014 | 0.5% | £393pcm |
| May 2013 | 1.4% | £391pcm |
| May 2012 | -0.8% | £386pcm |
| May 2011 | 1.8% | £389pcm |
| May 2010 | 0.5% | £382pcm |
| May 2009 | -10.9% | £380pcm |
| May 2008 | 3.9% | £427pcm |
| May 2007 | 0% | £411pcm |
The last sale was on 16th August 2000 for £352,000 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
38, Colerne Drive, Hucclecote, Gloucester, GL3 3SX has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 38, Colerne Drive, Hucclecote, Gloucester, GL3 3SX is Gloucester station which is 4.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 38, Colerne Drive, Hucclecote, Gloucester, GL3 3SX, 64.5% of property is privately owned outright and 17.4% is privately owned with a mortgage.
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 38, Colerne Drive, Hucclecote, Gloucester, GL3 3SX, 11.4% of residents are recorded as possessing school level qualifications and 25.9% 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 38, Colerne Drive, Hucclecote, Gloucester, GL3 3SX, the average age was 38.7 and the most common age was 32.
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 38, Colerne Drive, Hucclecote, Gloucester, GL3 3SX, 1.9% 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 38, Colerne Drive, Hucclecote, Gloucester, GL3 3SX, there are an average of 1.2 cars per household.
See below for how this compares to South West and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.