3, Springmead Avenue
3, Springmead Avenue
Description & Estimates
Public records show 3, Springmead Avenue, Gloucester to be a modern freehold house with 968 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Springmead Avenue, Gloucester has an estimated sale value of £371,573 and an estimated rental value of £1,761 per month, assuming reasonable condition and based on the information available.
Springmead Avenue, Brockworth, Gloucester, GL3 lies in the borough of Tewkesbury, within the GL3 postal district.
Our Data Sources
3, Springmead Avenue, Gloucester has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 3, Springmead Avenue, Gloucester would be worth £390,152, with a potential rental value of £1,850 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £345,563, with a rental value of £1,638 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Springmead Avenue, Gloucester has declined by £288 (0.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £74 (4.2%). The property's estimated gross yield is currently 5.7%.
Energy Efficiency
3, Springmead Avenue, Gloucester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Mar 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Springmead Avenue, Gloucester last changed hands on 21st April 2023, selling for £374,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 2.0% since April 2023.
- Sold Apr 2023£374,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 850 metres of 3, Springmead Avenue, Gloucester across the last 2 years.
Most recently, 6, Badger Close, Gloucester, GL3 4XR, a freehold house, sold at £365,000 on the 13th November 2024.
Read more about house prices in GL3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Springmead Avenue, Gloucester as the 22nd largest and the 22nd most expensive of the 33 addresses on Springmead Avenue, Brockworth, Gloucester, GL3.
Against the GL3 postcode district average, it is £56k more expensive than the typical property.
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Schools Nearby
- 800mLift Brockworth
- 1.5kmCastle Hill Primary School
- 1.8kmCoopers Edge School
- 1.1kmHenley Bank High School
- 3.0kmChosen Hill School
- 3.3kmBarnwood Park School
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Public Transport Nearby
Gloucester station is the nearest stop to 3, Springmead Avenue, Gloucester at 5.4 kilometres away.
- 5.4kmGloucester
- 6.5kmCheltenham Spa
- 12.7kmStroud (Gloucs)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
