According to the public record, 36, Colchester Close, Mitcheldean is a mid-century freehold house with 935 ft2 of internal area and sits on a 211 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Colchester Close, Mitcheldean, GL17 is located in the borough of Forest of Dean within the GL17 postal district.
36, Colchester Close, Mitcheldean has 2 entries in the Land Registry database, most recently in January 2017 and a single entry in the EPC database dated April 2009.
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 36 Colchester Close Mitcheldean as £258,144 and the rental value as £1,066 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 36 Colchester Close Mitcheldean has increased by £8,289 (3.2%) and its rental value has increased by £41 per month (3.9%).
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 36, Colchester Close, Mitcheldean is in very good condition we estimate a sale value of £271,052 and rental value of £1,119 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,074 and a rental value of £992 per month.
If you were able to purchase this property for the estimated value of £258,144, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,269 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, 36, Colchester Close, Mitcheldean sits on a plot of 211m2.
We have plot size data on 18 out of 42 other houses in the postcode and 36, Colchester Close, Mitcheldean sits on the 12th largest plot.
According to HM Land Registry, 36, Colchester Close, Mitcheldean was last sold on 27 Jan 2017 for £174,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2017, the market for similar properties has risen 39.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Colchester Close, Mitcheldean within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 40, Baynham Road, Mitcheldean, GL17 0JR, a Freehold house which sold for £205,000 in Mar 2021.
Read more about house prices in GL17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colchester Close, Mitcheldean, GL17 has a total of 43 addresses. According to our analysis of all the public data, 36, Colchester Close, Mitcheldean is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in GL17.
36, Colchester Close, Mitcheldean has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Apr 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Warm air, Electricaire.
The closest station to 36, Colchester Close, Mitcheldean is Lydney station which is 16.6 kilometres 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 36, Colchester Close, Mitcheldean, 33.2% of property is privately owned outright and 32.1% 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 36, Colchester Close, Mitcheldean, 15.5% of residents are recorded as possessing school level qualifications and 24.1% 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 36, Colchester 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 36, Colchester 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 36, Colchester Close, Mitcheldean, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.