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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, 22, The Merrin, Mitcheldean is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 582 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, The Merrin, Mitcheldean is £134,620 and the estimated rental value is £620 per month.
The Merrin, Mitcheldean, GL17 is located in the borough of Forest of Dean within the GL17 postal district.
22, The Merrin, Mitcheldean has a single entry in the Land Registry from September 2008 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 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 22, The Merrin, Mitcheldean is in very good condition we estimate a sale value of £141,351 and a rental value of £651 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,197 and a rental value of £576 per month.
Over the last 12 months the sale value of 22 The Merrin Mitcheldean has decreased by an estimated £2,861 (2.1%) and its rental value has increased by an estimated £17 per month (2.8%), giving an expected gross yield of 5.5%.
According to HM Land Registry, 22, The Merrin, Mitcheldean was last sold on 19th September 2008 for £88,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2008, the market for similar properties has risen 82.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, The Merrin, Mitcheldean within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 1, Sunnyside, Woodend Road, Drybrook, GL17 9LA, a leasehold flat which sold for £250,000 on the 30th June 2021.
Read more about house prices in GL17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Merrin, Mitcheldean, GL17 has a total of 35 addresses. According to our analysis of all the public data, 22, The Merrin, Mitcheldean is the 23rd largest and the 7th most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in GL17.
The closest station to 22, The Merrin, Mitcheldean is Lydney station which is 16.6 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 22, The Merrin, Mitcheldean, 33.2% of property is privately owned outright and 32.1% 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 22, The Merrin, Mitcheldean, 15.5% of residents are recorded as possessing school level qualifications and 24.1% 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 22, The Merrin, Mitcheldean, the average age was 44.5 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 22, The Merrin, Mitcheldean, 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 22, The Merrin, Mitcheldean, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.
