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Flat 8, 41, Chestnut Road, Gloucester is recorded publicly as a modern leasehold apartment across 635 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 8, 41, Chestnut Road, Gloucester is £116,117 and its rental estimate is £783 per month, given the available information and assuming reasonable condition.
41, Chestnut Road is a residential building on Chestnut Road, Brockworth, Gloucester, GL3 and falls within the GL3 postal district and the borough of Tewkesbury.
Flat 8, 41, Chestnut Road, Gloucester has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated February 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.
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 Flat 8, 41, Chestnut Road, Gloucester, we estimate a market value of £121,923 and a rental value of £822 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £107,989 and £728 per month respectively.
Over the last year, Flat 8, 41, Chestnut Road, Gloucester has seen its estimated sale value drop by £700 (0.6%) and its estimated rental value rise by £28 per month (3.6%). This results in an estimated gross rental yield of 8.1%.
Flat 8, 41, Chestnut Road, Gloucester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Feb 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 8, 41, Chestnut Road, Gloucester completed on 13th October 2023 at £87,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 6.2% over the period since October 2023.
Over the past 2 years 3 properties similar to Flat 8, 41, Chestnut Road, Gloucester have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th December 2024, was Flat 2, 41, Chestnut Road, Gloucester, GL3 4GW, a leasehold flat which sold for £80,000.
Read more about house prices in GL3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 74 addresses on Chestnut Road, Brockworth, Gloucester, GL3, Flat 8, 41, Chestnut Road, Gloucester comes out as the 60th largest and the 69th most expensive in our analysis of the public data.
It is also £200k less expensive than the average property across the GL3 district.
From Flat 8, 41, Chestnut Road, Gloucester, the nearest station is Gloucester, 4.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 Flat 8, 41, Chestnut Road, 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 8, 41, Chestnut Road, 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 8, 41, Chestnut Road, 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 8, 41, Chestnut Road, 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.