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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 77, Parks Road, Mitcheldean is £182,050 and the estimated rental value is £1,009 per month.
Parks Road, Mitcheldean, GL17 is located in the borough of Forest of Dean within the GL17 postal district.
77, Parks Road, Mitcheldean has a single entry in the Land Registry from June 2011 and a single entry in the EPC database dated August 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 77, Parks Road, Mitcheldean is in very good condition we estimate a sale value of £191,152 and a rental value of £1,059 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,306 and a rental value of £938 per month.
Over the last 12 months the sale value of 77 Parks Road Mitcheldean has decreased by an estimated £2,378 (1.3%) and its rental value has increased by an estimated £37 per month (3.6%), giving an expected gross yield of 6.7%.
According to data from HM Land Registry, 77, Parks Road, Mitcheldean sits on a plot of 175m2.
We have plot size data on 30 out of 41 other houses in the postcode and 77, Parks Road, Mitcheldean sits on the 28th largest plot.
77, Parks Road, Mitcheldean has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Aug 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 77, Parks Road, Mitcheldean was last sold on 10th June 2011 for £99,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2011, the market for similar properties has risen 101.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 77, Parks Road, Mitcheldean within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 38, Parks Road, Mitcheldean, GL17 0DH, a freehold house which sold for £179,000 on the 27th October 2023.
Read more about house prices in GL17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parks Road, Mitcheldean, GL17 has a total of 69 addresses. According to our analysis of all the public data, 77, Parks Road, Mitcheldean is the 26th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in GL17.
The closest station to 77, Parks Road, Mitcheldean is Gloucester station which is 16.9 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 77, Parks Road, Mitcheldean, 39.5% of property is socially rented and 31.6% 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 77, Parks Road, Mitcheldean, 26.1% of residents are recorded as possessing school level qualifications and 22.4% 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 77, Parks Road, Mitcheldean, the average age was 44.5 and the most common age was 52.
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 77, Parks Road, Mitcheldean, 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 77, Parks Road, Mitcheldean, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.