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According to the public record, 40, Cherrington Drive, Gloucester is a modern leasehold apartment with 667 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 40, Cherrington Drive, Gloucester is £177,714 and the estimated rental value is £900 per month.
Cherrington Drive, Abbeymead, Gloucester, GL4 is located in the borough of Gloucester within the GL4 postal district.
40, Cherrington Drive, Gloucester has 41 entries in the Land Registry , most recently in August 2016 and a single entry in the EPC database dated May 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.
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 40, Cherrington Drive, Gloucester is in very good condition we estimate a sale value of £186,599 and a rental value of £945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,274 and a rental value of £837 per month.
Over the last 12 months the sale value of 40 Cherrington Drive Gloucester has increased by an estimated £1 (0.0%) and its rental value has increased by an estimated £33 per month (3.7%), giving an expected gross yield of 6.1%.
40, Cherrington Drive, Gloucester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 May 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 40, Cherrington Drive, Gloucester was last sold on 18th August 2016 for £120,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since August 2016, the market for similar properties has risen 13.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Cherrington Drive, Gloucester within a radius of 580 metres over the last 2 years.
The most recent example is 18 Abbeydale Court, Heron Way, Gloucester, GL4 4BH, a leasehold flat which sold for £180,000 on the 25th July 2023.
Read more about house prices in GL4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherrington Drive, Abbeymead, Gloucester, GL4 has a total of 36 addresses. According to our analysis of all the public data, 40, Cherrington Drive, Gloucester is the 19th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in GL4.
The closest station to 40, Cherrington Drive, Gloucester is Gloucester station which is 3.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 40, Cherrington Drive, Gloucester, 40.6% of property is privately owned with a mortgage and 39.9% is privately rented.
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 40, Cherrington Drive, Gloucester, 18.2% of residents are recorded as possessing school level qualifications and 31.8% 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 40, Cherrington Drive, Gloucester, the average age was 42.5 and the most common age was 57.
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 40, Cherrington Drive, Gloucester, 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 40, Cherrington Drive, Gloucester, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
