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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, 40 Road, Gloucester is a modern Leasehold apartment with 592 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 Road, Gloucester is £242,313 and the estimated rental value is £1,182 per month.
The apartment is within 40, London Road, Gloucester, GL1.
London Road, Gloucester, GL1 is located in the borough of Gloucester within the GL1 postal district.
40 Road, Gloucester has a single entry in the Land Registry from December 2007 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Road, Gloucester is in very good condition we estimate a sale value of £254,429 and a rental value of £1,241 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,351 and a rental value of £1,099 per month.
Over the last 12 months the sale value of 40 Road Gloucester has decreased by an estimated £439 (0.2%) and its rental value has increased by an estimated £36 per month (3.0%), giving an expected gross yield of 5.9%.
40 Road, Gloucester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 May 2018.
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, 40 Road, Gloucester was last sold on 13th December 2007 for £200,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2007, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 470 metres radius of 40 Road, Gloucester over the last 2 years.
The most recent example is 28, Oxford Terrace, Gloucester, GL1 3NT, a leasehold flat which sold for £120,000 on the 16th December 2021.
Read more about house prices in GL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Gloucester, GL1 has a total of 352 addresses. According to our analysis of all the public data, 40 Road, Gloucester is the 149th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in GL1.
The closest station to 40 Road, Gloucester is Gloucester station which is 300 metres away.
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 Road, Gloucester, 61.3% of property is privately rented and 15.7% is socially 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 Road, Gloucester, 17.3% of residents are recorded as possessing school level qualifications and 29.5% 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 Road, Gloucester, the average age was 41.4 and the most common age was 22.
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 Road, Gloucester, 0.3% 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 Road, Gloucester, there are an average of 0.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.
