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According to the public record, Flat 2, 8, Norfolk Street, Gloucester is a modern apartment with 301 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 8, Norfolk Street, Gloucester is £80,774 and the estimated rental value is £578 per month.
The apartment is within 8, Norfolk Street, Gloucester, GL1.
Norfolk Street, Gloucester, GL1 is located in the borough of Gloucester within the GL1 postal district.
Flat 2, 8, Norfolk Street, Gloucester has no records in the the Land Registry and a single entry in the EPC database dated November 2022.
We combine this information with public data 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 Flat 2, 8, Norfolk Street, Gloucester is in very good condition we estimate a sale value of £84,813 and a rental value of £607 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,120 and a rental value of £538 per month.
Over the last 12 months the sale value of Flat 2 8 Norfolk Street Gloucester has increased by an estimated £626 (0.8%) and its rental value has increased by an estimated £23 per month (4.0%), giving an expected gross yield of 8.6%.
Flat 2, 8, Norfolk Street, Gloucester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Nov 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 8, Norfolk Street, Gloucester within a radius of 440 metres over the last 2 years.
The most recent example is Flat 9, The Black Swan 2, Commercial Road, Gloucester, GL1 2EA, a leasehold flat which sold for £85,000 on the 9th April 2021.
Read more about house prices in GL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Norfolk Street, Gloucester, GL1 has a total of 53 addresses. According to our analysis of all the public data, Flat 2, 8, Norfolk Street, Gloucester is the 50th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in GL1.
The closest station to Flat 2, 8, Norfolk Street, Gloucester is Gloucester station which is 900 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 8, Norfolk Street, Gloucester, 74.0% of property is privately rented and 11.6% 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 Flat 2, 8, Norfolk Street, Gloucester, 14.4% of residents are recorded as possessing school level qualifications and 30.4% 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 Flat 2, 8, Norfolk Street, Gloucester, the average age was 37.8 and the most common age was 22.
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 Flat 2, 8, Norfolk Street, Gloucester, 0.7% 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 Flat 2, 8, Norfolk Street, Gloucester, there are an average of 0.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.