According to the public record, 2, St. Michaels Close, Mitcheldean is a mid-century freehold house and with 731 ft2 of internal area and sits on a 160 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
St. Michaels Close, Mitcheldean, GL17 is located in the borough of Forest of Dean within the GL17 postal district.
2, St. Michaels Close, Mitcheldean has 21 entries in the Land Registry database, most recently in March 2012 and a single entry in the EPC database dated July 2016.
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 2 St. Michaels Close Mitcheldean as £132,476 and the rental value as £573 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 2 St. Michaels Close Mitcheldean has increased by £4,150 (3.1%) and its rental value has increased by £28 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 2, St. Michaels Close, Mitcheldean is in very good condition we estimate a sale value of £139,099 and rental value of £601 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,202 and a rental value of £533 per month.
If you were able to purchase this property for the estimated value of £132,476, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £651 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, 2, St. Michaels Close, Mitcheldean sits on a plot of 160m2.
We have plot size data on 3 out of 4 other houses in the postcode and 2, St. Michaels Close, Mitcheldean sits on the 2nd largest plot.
According to HM Land Registry, 2, St. Michaels Close, Mitcheldean was last sold on 08 Mar 2012 for £82,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2012, the market for similar properties has risen 69.0%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 2, St. Michaels Close, Mitcheldean within a radius of 12m over the last 2 years.
The most recent example is 4, St. Michaels Close, Mitcheldean, GL17 0HU, a Freehold house which sold for £87,500 in Oct 2016.
Read more about house prices in GL17.
St. Michaels Close, Mitcheldean, GL17 has a total of 4 addresses. According to our analysis of all the public data, 2, St. Michaels Close, Mitcheldean is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in GL17.
2, St. Michaels Close, Mitcheldean has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jul 2016.
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 2, St. Michaels Close, Mitcheldean is Lydney station which is 16.9 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 2, St. Michaels Close, Mitcheldean, 51.3% of property is privately owned outright and 34.0% 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 2, St. Michaels Close, Mitcheldean, 16.3% of residents are recorded as possessing school level qualifications and 24.8% 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 2, St. Michaels Close, 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 2, St. Michaels Close, Mitcheldean, 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 2, St. Michaels Close, Mitcheldean, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.