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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 1, Upper Rea, Gloucester is a period freehold house with 968 ft2 of internal area and sits on a 354 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Upper Rea, Gloucester is £287,450 and the estimated rental value is £1,404 per month.
Upper Rea, Hempsted, Gloucester, GL2 is located in the borough of Gloucester within the GL2 postal district.
1, Upper Rea, Gloucester has 21 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 1, Upper Rea, Gloucester is in very good condition we estimate a sale value of £301,822 and a rental value of £1,474 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £267,328 and a rental value of £1,305 per month.
Over the last 12 months the sale value of 1 Upper Rea Gloucester has increased by an estimated £2,768 (1.0%) and its rental value has increased by an estimated £44 per month (3.1%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 1, Upper Rea, Gloucester sits on a plot of 354m2.
We have plot size data on 11 out of 11 other houses in the postcode and 1, Upper Rea, Gloucester sits on the 8th largest plot.
1, Upper Rea, Gloucester has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 20 Apr 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Portable electric heaters assumed for most rooms.
According to HM Land Registry, 1, Upper Rea, Gloucester was last sold on 11th March 2022 for £240,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2022, the market for similar properties has risen 13.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Upper Rea, Gloucester within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 11, Upper Rea, Gloucester, GL2 5LR, a freehold house which sold for £275,000 on the 11th January 2024.
Read more about house prices in GL2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Upper Rea, Hempsted, Gloucester, GL2 has a total of 11 addresses. According to our analysis of all the public data, 1, Upper Rea, Gloucester is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in GL2.
The closest station to 1, Upper Rea, Gloucester is Gloucester station which is 3.6 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Upper Rea, Gloucester, 58.3% of property is privately owned outright and 30.7% 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 1, Upper Rea, Gloucester, 11.1% of residents are recorded as possessing school level qualifications and 33.9% 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 1, Upper Rea, Gloucester, the average age was 37.8 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, Upper Rea, Gloucester, 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 1, Upper Rea, Gloucester, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
