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According to the public record, 2, Friars Walk, Newent is a modern freehold house with 527 ft2 of internal area and sits on a 283 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Friars Walk, Newent is £294,913 and the estimated rental value is £950 per month.
Friars Walk, Newent, GL18 is located in the borough of Forest of Dean within the GL18 postal district.
2, Friars Walk, Newent has 21 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated May 2019.
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 2, Friars Walk, Newent is in very good condition we estimate a sale value of £309,658 and a rental value of £997 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,269 and a rental value of £883 per month.
Over the last 12 months the sale value of 2 Friars Walk Newent has increased by an estimated £351 (0.1%) and its rental value has increased by an estimated £40 per month (4.2%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 2, Friars Walk, Newent sits on a plot of 283m2.
We have plot size data on 7 out of 7 other houses in the postcode and 2, Friars Walk, Newent sits on the 6th largest plot.
2, Friars Walk, Newent has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 2019.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Friars Walk, Newent was last sold on 16th August 2019 for £235,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2019, the market for similar properties has risen 28.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Friars Walk, Newent within a radius of 770 metres over the last 2 years.
The most recent example is 3, Friars Walk, Newent, GL18 1TG, a freehold house which sold for £340,000 on the 15th September 2023.
Read more about house prices in GL18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Friars Walk, Newent, GL18 has a total of 7 addresses. According to our analysis of all the public data, 2, Friars Walk, Newent is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in GL18.
The closest station to 2, Friars Walk, Newent is Ledbury station which is 12.4 kilometres away.
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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Friars Walk, Newent, 49.8% of property is privately owned outright and 21.7% 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 2, Friars Walk, Newent, 17.0% of residents are recorded as possessing school level qualifications and 36.8% 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 2, Friars Walk, Newent, the average age was 44.2 and the most common age was 52.
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 2, Friars Walk, Newent, 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 2, Friars Walk, Newent, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.