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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 5, Melody Way, Gloucester is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 376 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Melody Way, Gloucester is £193,541 and the estimated rental value is £835 per month.
Melody Way, Longlevens, Gloucester, GL2 is located in the borough of Gloucester within the GL2 postal district.
5, Melody Way, Gloucester has a single entry in the Land Registry from September 2007 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 5, Melody Way, Gloucester is in very good condition we estimate a sale value of £203,219 and a rental value of £876 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,994 and a rental value of £776 per month.
Over the last 12 months the sale value of 5 Melody Way Gloucester has decreased by an estimated £439 (0.2%) and its rental value has increased by an estimated £31 per month (3.8%), giving an expected gross yield of 5.2%.
According to HM Land Registry, 5, Melody Way, Gloucester was last sold on 28th September 2007 for £98,500 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since September 2007, the market for similar properties has risen 43.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Melody Way, Gloucester within a radius of 620 metres over the last 2 years.
The most recent example is 26, Breinton Way, Gloucester, GL2 0BD, a freehold house which sold for £137,500 on the 20th September 2024.
Read more about house prices in GL2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melody Way, Longlevens, Gloucester, GL2 has a total of 24 addresses. According to our analysis of all the public data, 5, Melody Way, Gloucester is the 3rd largest and the most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in GL2.
The closest station to 5, Melody Way, Gloucester is Gloucester station which is 3.0 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 5, Melody Way, Gloucester, 42.0% of property is privately owned with a mortgage and 29.0% 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 5, Melody Way, Gloucester, 17.2% of residents are recorded as possessing school level qualifications and 32.0% 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 5, Melody Way, Gloucester, the average age was 43.6 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 5, Melody Way, Gloucester, 0.0% 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 5, Melody Way, Gloucester, 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.
