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According to the public record, 47, The Forge, Gloucester is a modern freehold house with 818 ft2 of internal area and sits on a 121 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, The Forge, Gloucester is £262,616 and the estimated rental value is £1,310 per month.
The Forge, Hempsted, Gloucester, GL2 is located in the borough of Gloucester within the GL2 postal district.
47, The Forge, Gloucester has 2 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property 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 47, The Forge, Gloucester is in very good condition we estimate a sale value of £275,747 and a rental value of £1,375 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,233 and a rental value of £1,218 per month.
Over the last 12 months the sale value of 47 The Forge Gloucester has increased by an estimated £2,528 (1.0%) and its rental value has increased by an estimated £41 per month (3.1%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 47, The Forge, Gloucester sits on a plot of 121m2.
We have plot size data on 40 out of 40 other houses in the postcode and 47, The Forge, Gloucester sits on the 34th largest plot.
47, The Forge, Gloucester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Dec 2021.
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, 47, The Forge, Gloucester was last sold on 28th March 2022 for £220,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2022, the market for similar properties has risen 13.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, The Forge, Gloucester within a radius of 830 metres over the last 2 years.
The most recent example is 55, The Forge, Gloucester, GL2 5GH, a freehold house which sold for £235,000 on the 9th June 2023.
Read more about house prices in GL2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Forge, Hempsted, Gloucester, GL2 has a total of 45 addresses. According to our analysis of all the public data, 47, The Forge, Gloucester is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in GL2.
The closest station to 47, The Forge, Gloucester is Gloucester station which is 2.7 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 47, The Forge, Gloucester, 56.0% of property is privately owned with a mortgage and 23.9% 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 47, The Forge, Gloucester, 23.6% of residents are recorded as possessing school level qualifications and 44.6% 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 47, The Forge, Gloucester, the average age was 37.8 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 47, The Forge, Gloucester, 1.0% 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 47, The Forge, Gloucester, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.