8, Watery Lane
8, Watery Lane
Description & Estimates
8, Watery Lane, Newent is described in the public record as an early-century house with 753 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Watery Lane, Newent is £249,096 and its rental estimate is £1,284 per month, given the available information and assuming reasonable condition.
Watery Lane, Newent, GL18 falls within the GL18 postal district, in the borough of Forest of Dean.
Our Data Sources
8, Watery Lane, Newent has no records in the the Land Registry and a single entry in the EPC database dated November 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 8, Watery Lane, Newent, we estimate a market value of £261,550 and a rental value of £1,348 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £231,659 and £1,194 per month respectively.
Recent Market Change
Over the last year, 8, Watery Lane, Newent has seen its estimated sale value decline by £628 (0.3%) and its estimated rental value climb by £57 per month (4.4%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
8, Watery Lane, Newent has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Watery Lane, Newent have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2019, was 1, Watery Lane, Newent, GL18 1QA, a freehold house which sold for £180,000.
Read more about house prices in GL18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 75 addresses on Watery Lane, Newent, GL18, 8, Watery Lane, Newent comes out as the 74th largest and the 66th most expensive in our analysis of the public data.
It is also £164k less expensive than the average property across the GL18 district.
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Schools Nearby
- 300mGlebe Infants' School
- 300mPicklenash Junior School
- 3.4kmPauntley Church of England Primary School
- 500mNewent Community School and Sixth Form Centre
- 9.5kmDene Magna School
- 11.3kmJohn Masefield High School
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Public Transport Nearby
From 8, Watery Lane, Newent, the nearest station is Ledbury, 12.8 kilometres away.
- 12.8kmLedbury
- 13.8kmGloucester
- 17.0kmColwall
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.
