According to the public record, Brook Farm, Longhope is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,896 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Monmouth Road, Longhope, GL17 is located in the borough of Forest of Dean within the GL17 postal district.
Brook Farm, Longhope has a single entry in the Land Registry database from March 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Brook Farm Longhope as £1,101,977 and the rental value as £2,552 per month giving an expected gross yield of 2.8%.
Over the last 12 months the sale value of Brook Farm Longhope has decreased by £5,224 (0.5%) and its rental value has decreased by £12 per month (0.5%).
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 Brook Farm, Longhope is in very good condition we estimate a sale value of £1,157,076 and rental value of £2,679 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,024,838 and a rental value of £2,373 per month.
If you were able to purchase this property for the estimated value of £1,101,977, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,416 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, Brook Farm, Longhope was last sold on 31 Mar 2023 for £576,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2023, the market for similar properties has dropped 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 2.5 kilometres radius of Brook Farm, Longhope over the last 2 years.
The most recent example is Hopeswood Barn, Monmouth Road, Longhope, GL17 0QF, a Freehold house which sold for £515,000 in May 2022.
Read more about house prices in GL17.
Monmouth Road, Longhope, GL17 has a total of 55 addresses. According to our analysis of all the public data, Brook Farm, Longhope is the 12th largest and the most expensive property on the street.
When compared to the postcode district it is £748k more expensive than the average property in GL17.
The closest station to Brook Farm, Longhope is Gloucester station which is 15.7 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 Brook Farm, Longhope, 55.8% of property is privately owned outright and 29.7% 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 Brook Farm, Longhope, 13.0% of residents are recorded as possessing school level qualifications and 39.5% 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 Brook Farm, Longhope, the average age was 47.7 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 Brook Farm, Longhope, 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 Brook Farm, Longhope, there are an average of 1.8 cars per household.
See below for how this compares to South West and the rest of England & Wales.