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According to the public record, 44, Melbourne Street East, Gloucester is a mid-century apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 44, Melbourne Street East, Gloucester is £86,929 and the estimated rental value is £609 per month.
Melbourne Street East, Gloucester, GL1 is located in the borough of Gloucester within the GL1 postal district.
44, Melbourne Street East, Gloucester has no records in the the Land Registry and a single entry in the EPC database dated October 2016.
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.
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 44, Melbourne Street East, Gloucester is in very good condition we estimate a sale value of £91,276 and a rental value of £639 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,844 and a rental value of £566 per month.
Over the last 12 months the sale value of 44 Melbourne Street East Gloucester has increased by an estimated £266 (0.3%) and its rental value has increased by an estimated £25 per month (4.1%), giving an expected gross yield of 8.4%.
44, Melbourne Street East, Gloucester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44, Melbourne Street East, Gloucester within a radius of 380 metres over the last 2 years.
The most recent example is Flat 1, Mill Place 75, Hatherley Road, Gloucester, GL1 4PH, a leasehold flat which sold for £90,000 on the 12th June 2024.
Read more about house prices in GL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Street East, Gloucester, GL1 has a total of 123 addresses. According to our analysis of all the public data, 44, Melbourne Street East, Gloucester is the 119th largest and the 122nd most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in GL1.
The closest station to 44, Melbourne Street East, Gloucester is Gloucester station which is 1.3 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 44, Melbourne Street East, Gloucester, 32.1% of property is privately rented and 26.7% 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 44, Melbourne Street East, Gloucester, 19.9% of residents are recorded as possessing school level qualifications and 23.7% 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 44, Melbourne Street East, Gloucester, the average age was 34.8 and the most common age was 32.
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 44, Melbourne Street East, 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 44, Melbourne Street East, Gloucester, there are an average of 1.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.