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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Cathedral House, Gloucester is £138,411 and the estimated rental value is £810 per month.
The apartment is within Cathedral House, Three Cocks Lane, Gloucester, GL1.
Three Cocks Lane, Gloucester, GL1 is located in the borough of Gloucester within the GL1 postal district.
Flat 2, Cathedral House, Gloucester has a single entry in the Land Registry from October 2016 and a single entry in the EPC database dated March 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, Cathedral House, Gloucester is in very good condition we estimate a sale value of £145,331 and a rental value of £850 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,722 and a rental value of £753 per month.
Over the last 12 months the sale value of Flat 2 Cathedral House Gloucester has decreased by an estimated £251 (0.2%) and its rental value has increased by an estimated £25 per month (3.0%), giving an expected gross yield of 7%.
Flat 2, Cathedral House, Gloucester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Mar 2016.
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, Flat 2, Cathedral House, Gloucester was last sold on 14th October 2016 for £105,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2016, the market for similar properties has risen 47.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Cathedral House, Gloucester within a radius of 510 metres over the last 2 years.
The most recent example is Flat 26, 57, Friars Orchard, Gloucester, GL1 1GE, a leasehold flat which sold for £134,000 on the 28th November 2024.
Read more about house prices in GL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Three Cocks Lane, Gloucester, GL1 has a total of 17 addresses. According to our analysis of all the public data, Flat 2, Cathedral House, Gloucester is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in GL1.
The closest station to Flat 2, Cathedral House, Gloucester is Gloucester station which is 800 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Cathedral House, Gloucester, 56.1% of property is socially rented and 25.9% 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 Flat 2, Cathedral House, Gloucester, 13.9% of residents are recorded as possessing school level qualifications and 30.6% 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 Flat 2, Cathedral House, 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, Cathedral House, Gloucester, 1.4% 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, Cathedral House, Gloucester, there are an average of 0.4 cars per household.
See below for how this compares to South West and the rest of England & Wales.