5, The Parade
5, The Parade
Description & Estimates
5, The Parade, Gloucester appears in the public record as a leasehold apartment.
We estimate it to be a mid-century apartment with 605 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 5, The Parade, Gloucester is £92,705 and its rental estimate is £544 per month, given the available information and assuming reasonable condition.
The Parade, Longlevens, Gloucester, GL2 falls within the GL2 postal district, in the borough of Gloucester.
Our Data Sources
5, The Parade, Gloucester has 31 entries in the Land Registry , most recently in April 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 3 out of 5 and is considered of medium 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 5, The Parade, Gloucester, we estimate a market value of £97,340 and a rental value of £572 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £86,216 and £506 per month respectively.
Recent Market Change
Over the last year, 5, The Parade, Gloucester has seen its estimated sale value drop by £560 (0.6%) and its estimated rental value rise by £20 per month (3.7%). This results in an estimated gross rental yield of 7.0%.
Sold Prices
The most recent sale of 5, The Parade, Gloucester completed on 5th April 2007 at £114,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 97.5% over the period since April 2007.
- Sold Apr 2007£114,000
- Sold Jan 2007£110,000
- Sold Nov 2000£92,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, The Parade, Gloucester have sold within a radius of 860 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th October 2021, was 4, The Parade, Gloucester, GL2 0HE, a leasehold flat which sold for £124,000.
Read more about house prices in GL2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 6 addresses on The Parade, Longlevens, Gloucester, GL2, 5, The Parade, Gloucester comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £238k less expensive than the average property across the GL2 district.
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Schools Nearby
- 500mLonglevens Infant School
- 800mLonglevens Junior School
- 1.1kmElmbridge Primary School
- 300mSir Thomas Rich's School
- 1.8kmChurchdown School
- 2.0kmBarnwood Park School
More reading links
Public Transport Nearby
From 5, The Parade, Gloucester, the nearest station is Gloucester, 2.8 kilometres away.
- 2.8kmGloucester
- 7.4kmCheltenham Spa
- 14.5kmStroud (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 very low, based on Environment Agency data.
