According to the public record, 7 St. Marys Court, Newent is a modern leasehold apartment and with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in St. Marys Court, Church Street, Newent, GL18.
Church Street, Newent, GL18 is located in the borough of Forest of Dean within the GL18 postal district.
7 St. Marys Court, Newent has a single entry in the Land Registry database from July 2016 and no records in the EPC database.
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 7 St. Marys Court Newent as £109,423 and the rental value as £673 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 7 St. Marys Court Newent has increased by £2,080 (1.9%) and its rental value has decreased by £16 per month (2.4%).
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 7 St. Marys Court, Newent is in very good condition we estimate a sale value of £114,894 and rental value of £707 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £101,764 and a rental value of £626 per month.
If you were able to purchase this property for the estimated value of £109,423, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £538 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, 7 St. Marys Court, Newent was last sold on 15 Jul 2016 for £85,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2016, the market for similar properties has risen 28.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 St. Marys Court, Newent within a radius of 405m over the last 2 years.
The most recent example is Flat 3, 43, Church Street, Newent, GL18 1AA, a Leasehold flat which sold for £95,000 in Aug 2020.
Read more about house prices in GL18.
Church Street, Newent, GL18 has a total of 79 addresses. According to our analysis of all the public data, 7 St. Marys Court, Newent is the 44th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £307k less expensive than the average property in GL18.
7 St. Marys Court, Newent has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jun 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 7 St. Marys Court, Newent is Ledbury station which is 12.7 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 7 St. Marys Court, Newent, 66.4% of property is socially rented and 17.6% 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 7 St. Marys Court, Newent, 8.3% of residents are recorded as possessing school level qualifications and 22.5% 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 7 St. Marys Court, Newent, the average age was 44.2 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 7 St. Marys Court, Newent, 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 7 St. Marys Court, Newent, there are an average of 0.9 cars per household.
See below for how this compares to South West and the rest of England & Wales.