According to the public record, Blacksmiths Cottage, Drybrook is a period freehold house with 570 ft2 of internal area and sits on a 117 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Morse Lane, Drybrook, GL17 is located in the borough of Forest of Dean within the GL17 postal district.
Blacksmiths Cottage, Drybrook has a single entry in the Land Registry database from June 2022 and a single entry in the EPC database dated October 2021.
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 Blacksmiths Cottage Drybrook as £202,203 and the rental value as £844 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Blacksmiths Cottage Drybrook has increased by £7,068 (3.5%) and its rental value has increased by £47 per month (5.5%).
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 Blacksmiths Cottage, Drybrook is in very good condition we estimate a sale value of £212,313 and rental value of £886 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,049 and a rental value of £785 per month.
If you were able to purchase this property for the estimated value of £202,203, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £994 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, Blacksmiths Cottage, Drybrook sits on a plot of 117m2.
We have plot size data on 7 out of 11 other houses in the postcode and Blacksmiths Cottage, Drybrook sits on the 7th largest plot.
According to HM Land Registry, Blacksmiths Cottage, Drybrook was last sold on 01 Jun 2022 for £199,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2022, the market for similar properties has dropped 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Blacksmiths Cottage, Drybrook within a radius of 2.1 kilometres over the last 2 years.
The most recent example is Rescott, Whitehill Lane, Drybrook, GL17 9AD, a Freehold house which sold for £131,500 in Dec 2021.
Read more about house prices in GL17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morse Lane, Drybrook, GL17 has a total of 35 addresses. According to our analysis of all the public data, Blacksmiths Cottage, Drybrook is the 35th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in GL17.
Blacksmiths Cottage, Drybrook has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and underfloor heating.
The closest station to Blacksmiths Cottage, Drybrook is Lydney station which is 15.6 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 Blacksmiths Cottage, Drybrook, 52.3% of property is privately owned outright and 35.8% 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 Blacksmiths Cottage, Drybrook, 16.7% of residents are recorded as possessing school level qualifications and 26.6% 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 Blacksmiths Cottage, Drybrook, 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 Blacksmiths Cottage, Drybrook, 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 Blacksmiths Cottage, Drybrook, 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.