According to the public record, 8, Oak Way, Gloucester is a mid-century freehold house with 1,162 ft2 of internal area and sits on a 350 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oak Way, Huntley, Gloucester, GL19 is located in the borough of Forest of Dean within the GL19 postal district.
8, Oak Way, Gloucester has a single entry in the Land Registry database from January 2017 and a single entry in the EPC database dated July 2022.
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 8 Oak Way Gloucester as £341,022 and the rental value as £1,560 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Oak Way Gloucester has increased by £8,434 (2.5%) and its rental value has increased by £9 per month (0.6%).
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 8, Oak Way, Gloucester is in very good condition we estimate a sale value of £358,073 and rental value of £1,638 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,150 and a rental value of £1,451 per month.
If you were able to purchase this property for the estimated value of £341,022, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,676 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, 8, Oak Way, Gloucester sits on a plot of 350m2.
We have plot size data on 37 out of 66 other houses in the postcode and 8, Oak Way, Gloucester sits on the 6th largest plot.
According to HM Land Registry, 8, Oak Way, Gloucester was last sold on 30 Jan 2017 for £220,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2017, the market for similar properties has risen 36.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Oak Way, Gloucester within a radius of 4.3 kilometres over the last 2 years.
The most recent example is 27, Byfords Road, Gloucester, GL19 3EL, a Freehold house which sold for £335,000 in Oct 2023.
Read more about house prices in GL19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Way, Huntley, Gloucester, GL19 has a total of 66 addresses. According to our analysis of all the public data, 8, Oak Way, Gloucester is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in GL19.
8, Oak Way, Gloucester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jul 2022.
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 8, Oak Way, Gloucester is Gloucester station which is 11.6 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 8, Oak Way, Gloucester, 50.0% of property is privately owned outright and 30.1% 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 8, Oak Way, Gloucester, 17.5% of residents are recorded as possessing school level qualifications and 28.0% 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 8, Oak Way, Gloucester, the average age was 44.7 and the most common age was 17.
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 8, Oak Way, Gloucester, 0.6% 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 8, Oak Way, 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.