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According to the public record, 6 Merthyr Terrace, Lydbrook is a period freehold house with 828 ft2 of internal area.
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 6 Merthyr Terrace, Lydbrook is £229,909 and the estimated rental value is £1,280 per month.
Lydbrook, GL17 is located in the borough of Forest of Dean within the GL17 postal district.
6 Merthyr Terrace, Lydbrook has a single entry in the Land Registry from November 2014 and a single entry in the EPC database dated July 2023.
We combine this information with that 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 6 Merthyr Terrace, Lydbrook is in very good condition we estimate a sale value of £241,404 and a rental value of £1,344 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,815 and a rental value of £1,191 per month.
Over the last 12 months the sale value of 6 Merthyr Terrace Lydbrook has decreased by an estimated £2,604 (1.1%) and its rental value has increased by an estimated £46 per month (3.6%), giving an expected gross yield of 6.7%.
6 Merthyr Terrace, Lydbrook has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jul 2023.
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, 6 Merthyr Terrace, Lydbrook was last sold on 26th November 2014 for £125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2014, the market for similar properties has risen 68.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6 Merthyr Terrace, Lydbrook within a radius of 3.0 kilometres over the last 2 years.
The most recent example is Beech Cottage, Lydbrook, GL17 9PZ, a freehold house which sold for £186,000 on the 20th July 2023.
Read more about house prices in GL17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lydbrook, GL17 has a total of 10 addresses. According to our analysis of all the public data, 6 Merthyr Terrace, Lydbrook is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in GL17.
The closest station to 6 Merthyr Terrace, Lydbrook is Lydney station which is 14.0 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 6 Merthyr Terrace, Lydbrook, 46.9% of property is privately owned outright and 35.0% is privately owned with a mortgage.
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 6 Merthyr Terrace, Lydbrook, 18.9% of residents are recorded as possessing school level qualifications and 35.8% 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 6 Merthyr Terrace, Lydbrook, the average age was 49 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 6 Merthyr Terrace, Lydbrook, 1.2% 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 6 Merthyr Terrace, Lydbrook, 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.