Melrose Cottage The Common

    MELROSE COTTAGE, THE COMMON, ST BRIAVELS, LYDNEY, GL15 6SF

    This detached freehold property on The Common last sold in August 2023 for £492,500. Based on price growth in the GL15 district since then, its estimated current value is £512,621 — placing it in the 80th percentile nationally and the 89th percentile within GL15. The property covers 101 m² (1,087 sq ft), giving an estimated value of £5,075 per m². The EPC rating is E, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,087 sq ft

    101 m²

    Last Sale Price

    £492,500

    Aug 2023

    Estimated Valuation

    £512,621

    Est. £/sq ft

    £471/sq ft

    £5,075/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fueloil (not community)
    EPC currentE
    EPC potentialA
    Floor area1,087 sq ft (101 m²)
    EPC dateJul 2020
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    16 Aug 2023

    £492,500

    13 Oct 2020

    £420,000

    28 Mar 2014

    £226,000

    Key Metrics

    Estimated valuation£512,621
    Value per sq ft / m²£471/sq ft (£5,075/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    GL15 district percentile89th percentile
    National percentile80th percentile

    District Context — GL15

    GL15 covers the Forest of Dean area in Gloucestershire, situated in the west of the county near the Welsh border. It is a rural district with strong appeal to those seeking a quieter, countryside lifestyle with access to outdoor recreation.

    Average Property Price - GL15

    £310,950

    45

    National percentile

    Average Net Household Income - GL15

    £37,343

    46

    National percentile

    10-Year Annualised Price Growth - GL15

    4.2%

    73

    National percentile

    10-Year Annualised Rent Growth - GL

    4.2%

    65

    National percentile

    View full analysis for GL15

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