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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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Binks, Newent appears in the public record as a freehold house sitting on a 4,579 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,532 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of Binks, Newent is £572,456 and its rental estimate is £1,537 per month, given the available information and assuming reasonable condition.
Judges Lane, Newent, GL18 falls within the GL18 postal district, in the borough of Forest of Dean.
Binks, Newent has a single entry in the Land Registry from March 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 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 Binks, Newent, we estimate a market value of £601,079 and a rental value of £1,614 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £532,384 and £1,430 per month respectively.
Over the last year, Binks, Newent has seen its estimated sale value fall by £2,983 (0.5%) and its estimated rental value move up by £65 per month (4.2%). This results in an estimated gross rental yield of 3.2%.
HM Land Registry records the plot of land for Binks, Newent as measuring 4,579 m2.
That makes it the 2nd largest plot in the postcode, where 7 of the 8 other houses have recorded plot data.
The most recent sale of Binks, Newent completed on 16th March 2007 at £395,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 54.9% over the period since March 2007.
Over the past 2 years 3 properties similar to Binks, Newent have sold within a radius of 3.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd January 2020, was Hill Farm, Glasshouse Hill, Longhope, GL17 0NN, a freehold house which sold for £730,000.
Read more about house prices in GL18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 10 addresses on Judges Lane, Newent, GL18, Binks, Newent comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £160k more expensive than the average property across the GL18 district.
From Binks, Newent, the nearest station is Gloucester, 12.8 kilometres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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 Binks, Newent, 58.4% of property is privately owned outright and 25.8% 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 Binks, Newent, 16.1% of residents are recorded as possessing school level qualifications and 48.5% 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 Binks, Newent, the average age was 44.7 and the most common age was 17.
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 Binks, Newent, 3.0% 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 Binks, Newent, there are an average of 1.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.
