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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, 7, Mendip Close, Gloucester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 724 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Mendip Close, Gloucester is £150,442 and the estimated rental value is £756 per month.
Mendip Close, Quedgeley, Gloucester, GL2 is located in the borough of Gloucester within the GL2 postal district.
7, Mendip Close, Gloucester has 21 entries in the Land Registry , most recently in 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 7, Mendip Close, Gloucester is in very good condition we estimate a sale value of £157,964 and a rental value of £794 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,911 and a rental value of £703 per month.
Over the last 12 months the sale value of 7 Mendip Close Gloucester has increased by an estimated £459 (0.3%) and its rental value has increased by an estimated £18 per month (2.3%), giving an expected gross yield of 6%.
According to HM Land Registry, 7, Mendip Close, Gloucester was last sold on 7th September 2007 for £117,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2007, the market for similar properties has risen 27.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Mendip Close, Gloucester within a radius of 510 metres over the last 2 years.
The most recent example is 25, Mendip Close, Gloucester, GL2 4TW, a leasehold flat which sold for £120,000 on the 6th November 2019.
Read more about house prices in GL2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mendip Close, Quedgeley, Gloucester, GL2 has a total of 28 addresses. According to our analysis of all the public data, 7, Mendip Close, Gloucester is the largest and the most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in GL2.
The closest station to 7, Mendip Close, Gloucester is Gloucester station which is 5.9 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 7, Mendip Close, Gloucester, 46.0% of property is privately owned with a mortgage and 36.0% is privately rented.
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, Mendip Close, Gloucester, 22.2% of residents are recorded as possessing school level qualifications and 25.8% 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 7, Mendip Close, Gloucester, the average age was 33.8 and the most common age was 37.
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, Mendip Close, 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, Mendip Close, Gloucester, there are an average of 1.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.
