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According to the public record, 29, The Merrin, Mitcheldean is a modern leasehold apartment with 785 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 29, The Merrin, Mitcheldean is £155,705 and the estimated rental value is £641 per month.
The Merrin, Mitcheldean, GL17 is located in the borough of Forest of Dean within the GL17 postal district.
29, The Merrin, Mitcheldean has 31 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated September 2023.
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 29, The Merrin, Mitcheldean is in very good condition we estimate a sale value of £163,491 and a rental value of £673 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,806 and a rental value of £596 per month.
Over the last 12 months the sale value of 29 The Merrin Mitcheldean has decreased by an estimated £3,309 (2.1%) and its rental value has increased by an estimated £18 per month (2.8%), giving an expected gross yield of 4.9%.
29, The Merrin, Mitcheldean has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 29, The Merrin, Mitcheldean was last sold on 18th June 2024 for £160,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since June 2024, the market for similar properties has risen 41.7%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 2.2 kilometres radius of 29, The Merrin, Mitcheldean over the last 2 years.
The most recent example is 30, The Merrin, Mitcheldean, GL17 0BU, a leasehold house which sold for £80,000 on the 19th December 2018.
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, 29, The Merrin, Mitcheldean is the 12th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £194k less expensive than the average property in GL17.
The closest station to 29, 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 29, 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 29, 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 29, 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 29, 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 29, 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.