According to the public record, Meadow Bank, Newent is a early-century freehold house and with 775 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gloucester Street, Newent, GL18 is located in the borough of Forest of Dean within the GL18 postal district.
Meadow Bank, Newent has a single entry in the Land Registry database from October 2020 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 Meadow Bank Newent as £429,657 and the rental value as £1,460 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of Meadow Bank Newent has increased by £13,923 (3.2%) and its rental value has decreased by £17 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 Meadow Bank, Newent is in very good condition we estimate a sale value of £451,140 and rental value of £1,533 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £399,581 and a rental value of £1,358 per month.
If you were able to purchase this property for the estimated value of £429,657, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,112 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, Meadow Bank, Newent was last sold on 14 Oct 2020 for £100,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2020, the market for similar properties has risen 22.6%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Meadow Bank, Newent within a radius of 448m over the last 2 years.
The most recent example is 41, Court Road, Newent, GL18 1SY, a Freehold house which sold for £365,000 in Jan 2024.
Read more about house prices in GL18.
Gloucester Street, Newent, GL18 has a total of 25 addresses. According to our analysis of all the public data, Meadow Bank, Newent is the 13th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in GL18.
Meadow Bank, Newent has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Aug 2021.
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 Meadow Bank, Newent is Ledbury station which is 12.8 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 Meadow Bank, 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 Meadow Bank, 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 Meadow Bank, 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 Meadow Bank, 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 Meadow Bank, 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.