40, Melbourne Street East
40, Melbourne Street East
Description & Estimates
The public record describes 40, Melbourne Street East, Gloucester as a mid-century apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
40, Melbourne Street East, Gloucester has an estimated sale value of £101,271 and an estimated rental value of £706 per month, assuming reasonable condition and based on the information available.
Melbourne Street East, Gloucester, GL1 lies in the borough of Gloucester, within the GL1 postal district.
Our Data Sources
40, Melbourne Street East, Gloucester has no records in the the Land Registry and a single entry in the EPC database dated February 2025.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 40, Melbourne Street East, Gloucester would be worth £106,335, with a potential rental value of £741 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £94,182, with a rental value of £656 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 40, Melbourne Street East, Gloucester has dropped by £448 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £24 (3.5%). The property's estimated gross yield is currently 8.4%.
Energy Efficiency
40, Melbourne Street East, Gloucester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Feb 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 380 metres of 40, Melbourne Street East, Gloucester across the last 2 years.
Most recently, Flat 8, Mill Place 75, Hatherley Road, Gloucester, GL1 4PH, a leasehold flat, sold at £130,000 on the 5th December 2025.
Read more about house prices in GL1.
- Sold Dec 2025£130,000 | 2 Bed FlatMill Place 75, Hatherley RoadFlat 8, Mill Place 75, Hatherley Road, Gloucester, GL1 4PH
- Sold Jun 2024£93,000 | 2 Bed Flat135, High StreetFlat 7, 135, High Street, Gloucester, GL1 4SZ
- Sold Dec 2021£252,300 | 2 Bed Flat1A, Hanman RoadFlat 1, 1A, Hanman Road, Gloucester, GL1 4TG
•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 40, Melbourne Street East, Gloucester as the 113th largest and the 113th most expensive of the 123 addresses on Melbourne Street East, Gloucester, GL1.
Against the GL1 postcode district average, it is £101k less expensive than the typical property.
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Schools Nearby
- 100mTredworth Infant and Nursery Academy
- 200mHatherley Infant School
- 300mTredworth Junior School
- 1.0kmRibston Hall High School
- 1.4kmGloucester Academy
- 1.8kmBarnwood Park School
More reading links
Public Transport Nearby
Gloucester station is the nearest stop to 40, Melbourne Street East, Gloucester at 1.3 kilometres away.
- 1.3kmGloucester
- 10.5kmCheltenham Spa
- 12.2kmStroud (Gloucs)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
