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According to the public record, 2, Morecombe Way, Fairford is a modern freehold house with 1,700 ft2 of internal area and sits on a 441 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Morecombe Way, Fairford is £628,510 and the estimated rental value is £2,003 per month.
Morecombe Way, Fairford, GL7 is located in the borough of Cotswold within the GL7 postal district.
2, Morecombe Way, Fairford has 2 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated December 2017.
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, Morecombe Way, Fairford is in very good condition we estimate a sale value of £659,936 and a rental value of £2,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £584,515 and a rental value of £1,863 per month.
Over the last 12 months the sale value of 2 Morecombe Way Fairford has decreased by an estimated £11,050 (1.8%) and its rental value has increased by an estimated £49 per month (2.4%), giving an expected gross yield of 3.8%.
According to data from HM Land Registry, 2, Morecombe Way, Fairford sits on a plot of 441m2.
We have plot size data on 16 out of 20 other houses in the postcode and 2, Morecombe Way, Fairford sits on the largest plot.
2, Morecombe Way, Fairford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Dec 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Morecombe Way, Fairford was last sold on 25th June 2021 for £600,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2021, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Morecombe Way, Fairford within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 20, Trubshaw Way, Fairford, GL7 4GN, a freehold house which sold for £675,000 on the 18th August 2022.
Read more about house prices in GL7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morecombe Way, Fairford, GL7 has a total of 32 addresses. According to our analysis of all the public data, 2, Morecombe Way, Fairford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £138k more expensive than the average property in GL7.
The closest station to 2, Morecombe Way, Fairford is Swindon (Wilts) station which is 15.9 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, Morecombe Way, Fairford, % of property is and % is .
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, Morecombe Way, Fairford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Morecombe Way, Fairford, 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, Morecombe Way, Fairford, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.