41, Melbourne Street East
41, Melbourne Street East
Description & Estimates
41, Melbourne Street East, Gloucester is recorded publicly as a modern freehold house across 742 ft2 of internal area, sitting on a 133 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 41, Melbourne Street East, Gloucester is £193,186 and its rental estimate is £1,012 per month, given the available information and assuming reasonable condition.
Melbourne Street East, Gloucester, GL1 falls within the GL1 postal district, in the borough of Gloucester.
Our Data Sources
41, Melbourne Street East, Gloucester has 41 entries in the Land Registry , most recently in May 2007 and a single entry in the EPC database dated March 2022.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 41, Melbourne Street East, Gloucester, we estimate a market value of £202,845 and a rental value of £1,063 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £179,663 and £941 per month respectively.
Recent Market Change
Over the last year, 41, Melbourne Street East, Gloucester has seen its estimated sale value drop by £229 (0.1%) and its estimated rental value rise by £37 per month (3.7%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 41, Melbourne Street East, Gloucester as measuring 133 m2.
That makes it the 20th largest plot in the postcode, where all 21 other houses have recorded plot data.
Energy Efficiency
41, Melbourne Street East, Gloucester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 41, Melbourne Street East, Gloucester completed on 17th May 2007 at £110,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 37.8% over the period since May 2007.
- Sold May 2007£110,000
- Sold Feb 2002£66,250
- Sold Dec 1999£43,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 41, Melbourne Street East, Gloucester have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th September 2024, was 20A, Hatherley Road, Gloucester, GL1 4PN, a freehold house which sold for £4,582,000.
Read more about house prices in GL1.
- Sold Sep 2024£4,582,000 | 3 Bed HouseHatherley Road20A, Hatherley Road, Gloucester, GL1 4PN
- Sold Dec 2023£230,000 | 2 Bed HouseGlynbridge Court, Melbourne Street West1A, Glynbridge Court, Melbourne Street West, Gloucester, GL1 4NT
- Sold Mar 2021£70,000 | 2 Bed HouseMaldon Gardens1, Maldon Gardens, Gloucester, GL1 4PS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 123 addresses on Melbourne Street East, Gloucester, GL1, 41, Melbourne Street East, Gloucester comes out as the 86th largest and the 49th most expensive in our analysis of the public data.
It is also £9k less expensive than the average property across the GL1 district.
More reading links
Schools Nearby
- 100mHatherley Infant School
- 200mTredworth Infant and Nursery Academy
- 400mTredworth Junior School
- 1.0kmRibston Hall High School
- 1.3kmGloucester Academy
- 1.7kmBarnwood Park School
More reading links
Public Transport Nearby
From 41, Melbourne Street East, Gloucester, the nearest station is Gloucester, 1.4 kilometres away.
- 1.4kmGloucester
- 10.4kmCheltenham Spa
- 12.1kmStroud (Gloucs)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
