The Bungalow, Gunsmill Farm
The Bungalow, Gunsmill Farm
Description & Estimates
The Bungalow, Gunsmill Farm, Mitcheldean appears in the public record as a freehold house sitting on a 5,075 m2 plot.
By comparing it to nearby properties, we estimate it to be a period house with 1,824 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of The Bungalow, Gunsmill Farm, Mitcheldean is £593,045 and its rental estimate is £1,486 per month, given the available information and assuming reasonable condition.
Spout Lane, Mitcheldean, GL17 falls within the GL17 postal district, in the borough of Forest of Dean.
Our Data Sources
The Bungalow, Gunsmill Farm, Mitcheldean has 31 entries in the Land Registry , most recently in November 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 The Bungalow, Gunsmill Farm, Mitcheldean, we estimate a market value of £622,697 and a rental value of £1,560 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £551,532 and £1,382 per month respectively.
Recent Market Change
Over the last year, The Bungalow, Gunsmill Farm, Mitcheldean has seen its estimated sale value decline by £15,482 (2.6%) and its estimated rental value climb by £35 per month (2.3%). This results in an estimated gross rental yield of 3.0%.
Plot Size
HM Land Registry records the plot of land for The Bungalow, Gunsmill Farm, Mitcheldean as measuring 5,075 m2.
That makes it the 2nd largest plot in the postcode, where 2 of the 4 other houses have recorded plot data.
Sold Prices
The most recent sale of The Bungalow, Gunsmill Farm, Mitcheldean completed on 24th November 2015 at £300,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 54.7% over the period since November 2015.
- Sold Nov 2015£300,000
- Sold Nov 2005£185,000
- Sold Apr 2003£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to The Bungalow, Gunsmill Farm, Mitcheldean have sold within a radius of 2.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th November 2022, was Holme House, Jubilee Road, Mitcheldean, GL17 0EE, a freehold house which sold for £650,000.
Read more about house prices in GL17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Spout Lane, Mitcheldean, GL17, The Bungalow, Gunsmill Farm, Mitcheldean comes out as the largest and the most expensive in our analysis of the public data.
It is also £308k more expensive than the average property across the GL17 district.
More reading links
Schools Nearby
- 2.0kmForest View Primary School
- 2.6kmLittledean Church of England Primary School
- 2.7kmMitcheldean Endowed Primary School
- 1.9kmSGS Forest High School
- 2.1kmDene Magna School
- 10.0kmFive Acres High School
More reading links
Public Transport Nearby
From The Bungalow, Gunsmill Farm, Mitcheldean, the nearest station is Lydney, 14.6 kilometres away.
- 14.6kmLydney
- 15.8kmCam & Dursley
- 16.4kmGloucester
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
