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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 8, 42, Cromwell Street, Gloucester is described in the public record as a period apartment with 193 ft2 of internal area.
Locally, apartments of this size are normally studios.
Our estimate of the sale value of Flat 8, 42, Cromwell Street, Gloucester is £94,562 and its rental estimate is £485 per month, given the available information and assuming reasonable condition.
42, Cromwell Street is a residential building on Cromwell Street, Gloucester, GL1 and falls within the GL1 postal district and the borough of Gloucester.
Flat 8, 42, Cromwell Street, Gloucester has no records in the the Land Registry and a single entry in the EPC database dated April 2009.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, 42, Cromwell Street, Gloucester, we estimate a market value of £99,290 and a rental value of £509 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £87,943 and £451 per month respectively.
Over the last year, Flat 8, 42, Cromwell Street, Gloucester has seen its estimated sale value climb by £284 (0.3%) and its estimated rental value rise by £20 per month (4.1%). This results in an estimated gross rental yield of 6.2%.
Flat 8, 42, Cromwell Street, Gloucester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Apr 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Over the past 2 years 3 properties have sold within 390 metres of Flat 8, 42, Cromwell Street, Gloucester, per the Land Registry and our network of Estate Agents.
The latest, on the 17th November 2023, was 43, Cromwell Street, Gloucester, GL1 1RE, a freehold house which sold for £280,000.
Read more about house prices in GL1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 87 addresses on Cromwell Street, Gloucester, GL1, Flat 8, 42, Cromwell Street, Gloucester comes out as the 86th largest and the 79th most expensive in our analysis of the public data.
It is also £108k less expensive than the average property across the GL1 district.
From Flat 8, 42, Cromwell Street, Gloucester, the nearest station is Gloucester, 500 metres 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, 42, Cromwell Street, Gloucester, 59.4% of property is privately rented and 18.3% is socially 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 8, 42, Cromwell Street, Gloucester, 15.8% of residents are recorded as possessing school level qualifications and 28.7% 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 8, 42, Cromwell 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 8, 42, Cromwell Street, Gloucester, 0.4% 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 8, 42, Cromwell 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.
