2, Old Elm Rise
2, Old Elm Rise
Description & Estimates
2, Old Elm Rise, Longhope is recorded publicly as a modern freehold house across 753 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Old Elm Rise, Longhope is £315,017 and its rental estimate is £980 per month, given the available information and assuming reasonable condition.
Old Elm Rise, Longhope, GL17 falls within the GL17 postal district, in the borough of Forest of Dean.
Our Data Sources
2, Old Elm Rise, Longhope has a single entry in the Land Registry from September 2024 and a single entry in the EPC database dated July 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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, Old Elm Rise, Longhope, we estimate a market value of £330,767 and a rental value of £1,029 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £292,965 and £911 per month respectively.
Recent Market Change
Over the last year, 2, Old Elm Rise, Longhope has seen its estimated sale value fall by £4,116 (1.3%) and its estimated rental value move up by £36 per month (3.6%). This results in an estimated gross rental yield of 3.7%.
Energy Efficiency
2, Old Elm Rise, Longhope has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jul 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, LPG.
Sold Prices
The most recent sale of 2, Old Elm Rise, Longhope completed on 12th September 2024 at £365,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 13.5% over the period since September 2024.
- Sold Sep 2024£365,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Old Elm Rise, Longhope have sold within a radius of 2.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2024, was 11, Old Elm Rise, Longhope, GL17 0UZ, a freehold house which sold for £347,000.
Read more about house prices in GL17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 22 addresses on Old Elm Rise, Longhope, GL17, 2, Old Elm Rise, Longhope comes out as the 22nd largest and the 20th most expensive in our analysis of the public data.
It is also £30k more expensive than the average property across the GL17 district.
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Schools Nearby
- 700mHope Brook CofE Primary School
- 2.4kmMitcheldean Endowed Primary School
- 2.9kmHuntley Church of England Primary School
- 2.4kmDene Magna School
- 5.5kmSGS Forest High School
- 6.7kmNewent Community School and Sixth Form Centre
More reading links
Public Transport Nearby
From 2, Old Elm Rise, Longhope, the nearest station is Gloucester, 15.2 kilometres away.
- 15.2kmGloucester
- 18.4kmLydney
- 18.8kmCam & Dursley
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
