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By comparing it to neighbours, we estimate that it is a mid-century house with 1,193 ft2 of internal area and sits on a 302 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Melbourne Drive, Stonehouse is £424,856 and the estimated rental value is £1,523 per month.
Melbourne Drive, Stonehouse, GL10 is located in the borough of Stroud within the GL10 postal district.
40, Melbourne Drive, Stonehouse has 2 entries in the Land Registry , most recently in March 2011 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 5 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, Melbourne Drive, Stonehouse is in very good condition we estimate a sale value of £446,098 and a rental value of £1,599 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £395,116 and a rental value of £1,416 per month.
Over the last 12 months the sale value of 40 Melbourne Drive Stonehouse has increased by an estimated £3,700 (0.9%) and its rental value has increased by an estimated £39 per month (2.6%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 40, Melbourne Drive, Stonehouse sits on a plot of 302m2.
We have plot size data on 43 out of 43 other houses in the postcode and 40, Melbourne Drive, Stonehouse sits on the 31st largest plot.
According to HM Land Registry, 40, Melbourne Drive, Stonehouse was last sold on 14th March 2011 for £217,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2011, the market for similar properties has risen 117.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Melbourne Drive, Stonehouse within a radius of 630 metres over the last 2 years.
The most recent example is 7, Ryelands Road, Stonehouse, GL10 2PG, a freehold house which sold for £337,500 on the 30th January 2024.
Read more about house prices in GL10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Drive, Stonehouse, GL10 has a total of 43 addresses. According to our analysis of all the public data, 40, Melbourne Drive, Stonehouse is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £68k more expensive than the average property in GL10.
The closest station to 40, Melbourne Drive, Stonehouse is Stonehouse station which is 900 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 40, Melbourne Drive, Stonehouse, 35.4% of property is privately owned with a mortgage and 31.3% is privately owned outright.
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, Melbourne Drive, Stonehouse, 16.4% of residents are recorded as possessing school level qualifications and 26.1% 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 40, Melbourne Drive, Stonehouse, the average age was 42.6 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, Melbourne Drive, Stonehouse, 0.4% 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, Melbourne Drive, Stonehouse, 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.