According to the public record, 1, Wellsprings Road, Gloucester is a early-century freehold house and with 1,033 ft2 of internal area and sits on a 1000 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wellsprings Road, Gloucester, GL2 is located in the borough of Gloucester within the GL2 postal district.
1, Wellsprings Road, Gloucester has a single entry in the Land Registry database from December 2023 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Wellsprings Road Gloucester as £389,391 and the rental value as £1,421 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 1 Wellsprings Road Gloucester has increased by £8,510 (2.2%) and its rental value has increased by £20 per month (1.4%).
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, Wellsprings Road, Gloucester is in very good condition we estimate a sale value of £408,860 and rental value of £1,492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,133 and a rental value of £1,322 per month.
If you were able to purchase this property for the estimated value of £389,391, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,914 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 data from HM Land Registry, 1, Wellsprings Road, Gloucester sits on a plot of 1000m2.
We have plot size data on 18 out of 44 other houses in the postcode and 1, Wellsprings Road, Gloucester sits on the largest plot.
According to HM Land Registry, 1, Wellsprings Road, Gloucester was last sold on 18 Dec 2023 for £425,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2023, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Wellsprings Road, Gloucester within a radius of 190m over the last 2 years.
The most recent example is 7, Rydal Road, Gloucester, GL2 0NT, a Freehold house which sold for £375,000 in Nov 2023.
Read more about house prices in GL2.
Wellsprings Road, Gloucester, GL2 has a total of 74 addresses. According to our analysis of all the public data, 1, Wellsprings Road, Gloucester is the 14th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £71k more expensive than the average property in GL2.
1, Wellsprings Road, Gloucester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Wellsprings Road, Gloucester is Gloucester station which is 1.6 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, Wellsprings Road, Gloucester, 44.9% of property is privately owned outright and 44.9% 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, Wellsprings Road, Gloucester, 18.4% of residents are recorded as possessing school level qualifications and 35.3% 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, Wellsprings Road, Gloucester, the average age was 43.6 and the most common age was 57.
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, Wellsprings 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 1, Wellsprings Road, Gloucester, there are an average of 1.6 cars per household.
See below for how this compares to South West and the rest of England & Wales.