According to the public record, 8, Reevers Road, Newent is a mid-century house with 538 ft2 of internal area and sits on a 87.2 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Reevers Road, Newent, GL18 is located in the borough of Forest of Dean within the GL18 postal district.
8, Reevers Road, Newent has no records in the Land Registry database and a single entry in the EPC database dated June 2023.
We combine this information with public data 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 Reevers Road Newent as £196,326 and the rental value as £1,019 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 8 Reevers Road Newent has increased by £6,362 (3.2%) and its rental value has decreased by £12 per month (1.1%).
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, Reevers Road, Newent is in very good condition we estimate a sale value of £206,142 and rental value of £1,070 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,583 and a rental value of £947 per month.
If you were able to purchase this property for the estimated value of £196,326, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £965 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, Reevers Road, Newent sits on a plot of 87m2.
We have plot size data on 24 out of 31 other houses in the postcode and 8, Reevers Road, Newent sits on the 19th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Reevers Road, Newent within a radius of 700 metres over the last 2 years.
The most recent example is 31, Russett Way, Newent, GL18 1TS, a Freehold house which sold for £185,000 in Feb 2024.
Read more about house prices in GL18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reevers Road, Newent, GL18 has a total of 31 addresses. According to our analysis of all the public data, 8, Reevers Road, Newent is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £220k less expensive than the average property in GL18.
8, Reevers Road, Newent has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jun 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 8, Reevers Road, Newent is Ledbury station which is 13.0 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, Reevers Road, Newent, 31.3% of property is privately rented and 30.6% 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 8, Reevers Road, Newent, 13.9% of residents are recorded as possessing school level qualifications and 21.4% 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, Reevers Road, 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 8, Reevers Road, Newent, 0.3% 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, Reevers Road, Newent, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.