According to the public record, 4, Commercial Street, Cinderford is a period leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 4, Commercial Street, Cinderford, GL14.
Commercial Street, Cinderford, GL14 is located in the borough of Forest of Dean within the GL14 postal district.
4, Commercial Street, Cinderford has a single entry in the Land Registry database from October 2007 and a single entry in the EPC database dated July 2024.
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 4 Commercial Street Cinderford as £77,612 and the rental value as £415 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 4 Commercial Street Cinderford has increased by £1,949 (2.5%) and its rental value has increased by £33 per month (8.0%).
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 4, Commercial Street, Cinderford is in very good condition we estimate a sale value of £81,493 and rental value of £436 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £72,179 and a rental value of £386 per month.
If you were able to purchase this property for the estimated value of £77,612, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £381 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, 4, Commercial Street, Cinderford was last sold on 12 Oct 2007 for £122,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2007, the market for similar properties has risen 32.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Commercial Street, Cinderford within a radius of 510 metres over the last 2 years.
The most recent example is 1A, Forest Road, Cinderford, GL14 2NT, a Leasehold flat which sold for £108,000 in Mar 2023.
Read more about house prices in GL14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commercial Street, Cinderford, GL14 has a total of 53 addresses. According to our analysis of all the public data, 4, Commercial Street, Cinderford is the 45th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £189k less expensive than the average property in GL14.
4, Commercial Street, Cinderford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jul 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 4, Commercial Street, Cinderford is Lydney station which is 12.2 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 4, Commercial Street, Cinderford, 41.8% of property is privately rented and 28.0% is privately owned outright.
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 4, Commercial Street, Cinderford, 10.3% of residents are recorded as possessing school level qualifications and 16.8% 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 4, Commercial Street, Cinderford, the average age was 43 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 4, Commercial Street, Cinderford, 0.8% 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 4, Commercial Street, Cinderford, there are an average of 1.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.