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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, 7A, Redding Close, Gloucester is a modern leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 7A, Redding Close, Gloucester is £121,798 and the estimated rental value is £627 per month.
The apartment is within 7, Redding Close, Quedgeley, Gloucester, GL2.
Redding Close, Quedgeley, Gloucester, GL2 is located in the borough of Gloucester within the GL2 postal district.
7A, Redding Close, Gloucester has 21 entries in the Land Registry , most recently in May 2007 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 7A, Redding Close, Gloucester is in very good condition we estimate a sale value of £127,888 and a rental value of £658 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,272 and a rental value of £583 per month.
Over the last 12 months the sale value of 7A Redding Close Gloucester has increased by an estimated £1,099 (0.9%) and its rental value has increased by an estimated £20 per month (3.1%), giving an expected gross yield of 6.2%.
7A, Redding Close, Gloucester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 7A, Redding Close, Gloucester was last sold on 18th May 2007 for £105,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2007, the market for similar properties has risen 22.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7A, Redding Close, Gloucester within a radius of 580 metres over the last 2 years.
The most recent example is 9, Redding Close, Gloucester, GL2 4FT, a leasehold flat which sold for £120,000 on the 8th February 2023.
Read more about house prices in GL2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redding Close, Quedgeley, Gloucester, GL2 has a total of 71 addresses. According to our analysis of all the public data, 7A, Redding Close, Gloucester is the 67th largest and the 66th most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in GL2.
The closest station to 7A, Redding Close, Gloucester is Gloucester station which is 5.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 7A, Redding Close, Gloucester, 43.7% of property is privately owned with a mortgage and 28.6% 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 7A, Redding Close, Gloucester, 5.6% of residents are recorded as possessing school level qualifications and 28.6% 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 7A, Redding Close, Gloucester, the average age was 38 and the most common age was 32.
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 7A, Redding 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 7A, Redding Close, Gloucester, 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.
