Flat 2, 16
Flat 2, 16
Description & Estimates
According to the public record, Flat 2, 16, Newland Street, Gloucester is a modern leasehold apartment with 376 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 Flat 2, 16, Newland Street, Gloucester is £120,851 and the estimated rental value is £662 per month.
The apartment is within 16, Newland Street, Gloucester, GL1.
Newland Street, Gloucester, GL1 is located in the borough of Gloucester within the GL1 postal district.
Our Data Sources
Flat 2, 16, Newland Street, Gloucester has a single entry in the Land Registry from June 2018 and a single entry in the EPC database dated November 2017.
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.
Price Range & Condition
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 Flat 2, 16, Newland Street, Gloucester is in very good condition we estimate a sale value of £126,893 and a rental value of £695 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £112,391 and a rental value of £616 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 16, Newland Street, Gloucester has increased by £369 (0.3%), while its estimated rental value has grown by £27 per month (4.1%). Based on current estimates, the property offers a gross rental yield of 6.6%.
Energy Efficiency
Flat 2, 16, Newland Street, Gloucester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Nov 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, electric.
Sold Prices
According to HM Land Registry, Flat 2, 16, Newland Street, Gloucester was last sold on 29th June 2018 for £105,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2018, the market for similar properties has risen by 29.0%.
- Sold Jun 2018£105,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 16, Newland Street, Gloucester within a radius of 490 metres over the last 2 years.
The most recent example is Flat 3, 16, Newland Street, Gloucester, GL1 3PA, a leasehold flat which sold for £100,000 on the 14th November 2018.
Read more about house prices in GL1.
- Sold Nov 2018£100,000 | 1 Bed Flat16, Newland StreetFlat 3, 16, Newland Street, Gloucester, GL1 3PA
- Sold Sep 2018£100,000 | 1 Bed Flat16, Newland StreetFlat 1, 16, Newland Street, Gloucester, GL1 3PA
- Sold Feb 2018£105,000 | 1 Bed Flat16, Newland StreetFlat 4, 16, Newland Street, Gloucester, GL1 3PA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Newland Street, Gloucester, GL1 has a total of 24 addresses. According to our analysis of all the public data, Flat 2, 16, Newland Street, Gloucester is the 20th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in GL1.
More reading links
Schools Nearby
- 500mKingsholm Church of England Primary School
- 600mSt Peter's Catholic Primary School
- 700mWidden Primary School
- 600mDenmark Road High School
- 2.1kmSir Thomas Rich's School
- 2.1kmBarnwood Park School
More reading links
Public Transport Nearby
The closest station to Flat 2, 16, Newland Street, Gloucester is Gloucester station, which is 400 metres away.
- 400mGloucester
- 9.8kmCheltenham Spa
- 13.8kmStroud (Gloucs)
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
