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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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2 Midway Cottages, Lechlade appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 1,530 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 2 Midway Cottages, Lechlade is £480,744 and its rental estimate is £1,886 per month, given the available information and assuming reasonable condition.
Thornhill, Lechlade, GL7 falls within the GL7 postal district, in the borough of Cotswold.
2 Midway Cottages, Lechlade has 41 entries in the Land Registry , most recently in August 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2 Midway Cottages, Lechlade, we estimate a market value of £504,781 and a rental value of £1,981 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £447,092 and £1,754 per month respectively.
Over the last year, 2 Midway Cottages, Lechlade has seen its estimated sale value decrease by £8,452 (1.8%) and its estimated rental value grow by £46 per month (2.4%). This results in an estimated gross rental yield of 4.7%.
The most recent sale of 2 Midway Cottages, Lechlade completed on 11th August 2015 at £400,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 39.7% over the period since August 2015.
Over the past 2 years 3 properties similar to 2 Midway Cottages, Lechlade have sold within a radius of 3.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th November 2022, was 41, Aldsworth Close, Fairford, GL7 4LB, a freehold house which sold for £500,000.
Read more about house prices in GL7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 6 addresses on Thornhill, Lechlade, GL7, 2 Midway Cottages, Lechlade comes out as the 3rd largest and the 4th most expensive in our analysis of the public data.
It is also £9k less expensive than the average property across the GL7 district.
From 2 Midway Cottages, Lechlade, the nearest station is Swindon (Wilts), 15.7 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Midway Cottages, Lechlade, 41.4% of property is privately owned outright and 31.0% 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 Midway Cottages, Lechlade, 22.6% of residents are recorded as possessing school level qualifications and 42.4% 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 Midway Cottages, Lechlade, the average age was 45.7 and the most common age was 57.
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 Midway Cottages, Lechlade, 4.8% 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 Midway Cottages, Lechlade, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
