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According to the public record, Flat 308, Pridays Mills 41-45, Gloucester is a modern leasehold apartment with 419 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 308, Pridays Mills 41-45, Gloucester is £128,449 and the estimated rental value is £679 per month.
The apartment is within Pridays Mills, Commercial Road, Gloucester, GL1.
Commercial Road, Gloucester, GL1 is located in the borough of Gloucester within the GL1 postal district.
Flat 308, Pridays Mills 41-45, Gloucester has 21 entries in the Land Registry , most recently in February 2008 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 308, Pridays Mills 41-45, Gloucester is in very good condition we estimate a sale value of £134,872 and a rental value of £713 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £119,458 and a rental value of £632 per month.
Over the last 12 months the sale value of Flat 308 Pridays Mills 41-45 Gloucester has increased by an estimated £1,150 (0.9%) and its rental value has increased by an estimated £32 per month (4.8%), giving an expected gross yield of 6.3%.
Flat 308, Pridays Mills 41-45, Gloucester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 May 2023.
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 308, Pridays Mills 41-45, Gloucester was last sold on 15th February 2008 for £96,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2008, the market for similar properties has risen 36.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 308, Pridays Mills 41-45, Gloucester within a radius of 430 metres over the last 2 years.
The most recent example is Flat 208, Pridays Mills 41-45, Commercial Road, Gloucester, GL1 2ED, a leasehold flat which sold for £105,000 on the 16th July 2021.
Read more about house prices in GL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commercial Road, Gloucester, GL1 has a total of 87 addresses. According to our analysis of all the public data, Flat 308, Pridays Mills 41-45, Gloucester is the 75th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in GL1.
The closest station to Flat 308, Pridays Mills 41-45, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 308, Pridays Mills 41-45, Gloucester, % of property is and % is .
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 308, Pridays Mills 41-45, Gloucester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 308, Pridays Mills 41-45, 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 Flat 308, Pridays Mills 41-45, Gloucester, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.