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7, French Burr Place, Gloucester is recorded publicly as a modern leasehold apartment across 818 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 7, French Burr Place, Gloucester is £190,143 and its rental estimate is £980 per month, given the available information and assuming reasonable condition.
French Burr Place, Gloucester, GL1 falls within the GL1 postal district, in the borough of Gloucester.
7, French Burr Place, Gloucester has a single entry in the Land Registry from July 2020 and a single entry in the EPC database dated October 2019.
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.
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 7, French Burr Place, Gloucester, we estimate a market value of £199,651 and a rental value of £1,029 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £176,833 and £912 per month respectively.
Over the last year, 7, French Burr Place, Gloucester has seen its estimated sale value decrease by £3,387 (1.8%) and its estimated rental value grow by £20 per month (2.0%). This results in an estimated gross rental yield of 6.2%.
7, French Burr Place, Gloucester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Oct 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 7, French Burr Place, Gloucester completed on 10th July 2020 at £175,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 0.2% over the period since July 2020.
Over the past 2 years 2 properties similar to 7, French Burr Place, Gloucester have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th December 2017, was 20, Barron Way, Gloucester, GL1 5NY, a leasehold flat which sold for £185,000.
Read more about house prices in GL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 12 addresses on French Burr Place, Gloucester, GL1, 7, French Burr Place, Gloucester comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £12k less expensive than the average property across the GL1 district.
From 7, French Burr Place, Gloucester, the nearest station is Gloucester, 2.4 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, French Burr Place, Gloucester, % of property is and % is .
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 7, French Burr Place, Gloucester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 7, French Burr Place, 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 7, French Burr Place, Gloucester, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.