According to the public record, 1 Judges Lodgings, Mitcheldean is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,157 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
New Road, Mitcheldean, GL17 is located in the borough of Forest of Dean within the GL17 postal district.
1 Judges Lodgings, Mitcheldean has 2 entries in the Land Registry database, most recently in May 2022 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Judges Lodgings Mitcheldean as £381,181 and the rental value as £1,291 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 1 Judges Lodgings Mitcheldean has increased by £11,943 (3.1%) and its rental value has increased by £64 per month (4.9%).
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 1 Judges Lodgings, Mitcheldean is in very good condition we estimate a sale value of £400,240 and rental value of £1,356 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,499 and a rental value of £1,201 per month.
If you were able to purchase this property for the estimated value of £381,181, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,873 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1 Judges Lodgings, Mitcheldean was last sold on 20 May 2022 for £325,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 Judges Lodgings, Mitcheldean within a radius of 158m over the last 2 years.
The most recent example is 3, Walwyn Close, Mitcheldean, GL17 0JT, a Freehold house which sold for £310,000 in Nov 2021.
Read more about house prices in GL17.
New Road, Mitcheldean, GL17 has a total of 12 addresses. According to our analysis of all the public data, 1 Judges Lodgings, Mitcheldean is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in GL17.
The closest station to 1 Judges Lodgings, Mitcheldean is Lydney station which is 16.4 km away.
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 1 Judges Lodgings, Mitcheldean, 55.7% of property is privately owned outright and 38.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 1 Judges Lodgings, Mitcheldean, 14.9% of residents are recorded as possessing school level qualifications and 37.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Judges Lodgings, Mitcheldean, the average age was 44.5 and the most common age was 52.
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 1 Judges Lodgings, Mitcheldean, 1.3% 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 1 Judges Lodgings, Mitcheldean, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.