1 Cross Cottages Rea Lane

    1 CROSS COTTAGES, REA LANE, HEMPSTED, GLOUCESTER, GL2 5LP

    This semi-detached freehold property on Rea Lane last sold in May 2017 for £142,000. Based on price growth in the GL2 district since then, its estimated current value is £189,963 — placing it in the 22nd percentile nationally and the 11th percentile within GL2. The property covers 53 m² (570 sq ft), giving an estimated value of £3,584 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    570 sq ft

    53 m²

    Last Sale Price

    £142,000

    May 2017

    Estimated Valuation

    £189,963

    Est. £/sq ft

    £333/sq ft

    £3,584/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area570 sq ft (53 m²)
    EPC dateFeb 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 May 2017

    £142,000

    22 Feb 2007

    £290,000

    Key Metrics

    Estimated valuation£189,963
    Value per sq ft / m²£333/sq ft (£3,584/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    GL2 district percentile11th percentile
    National percentile22nd percentile

    District Context — GL2

    GL2 covers the central Gloucestershire area, including towns such as Cinderford and the Forest of Dean locality. It is a mixed residential area with both urban and rural character, offering a blend of community living and countryside access.

    Average Property Price - GL2

    £314,168

    46

    National percentile

    Average Net Household Income - GL2

    £42,144

    67

    National percentile

    10-Year Annualised Price Growth - GL2

    3.9%

    62

    National percentile

    10-Year Annualised Rent Growth - GL

    4.2%

    65

    National percentile

    View full analysis for GL2

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