15 Merchants Mead, Quedgeley, Gloucester, GL2 4FA is a leasehold flat built between 1983-1990. The property offers approximately 355 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £104,033 , which equates to approximately £293 per square foot. It was last sold on 31 Mar 2016 for £79,000. Since then, the value has increased by £25,033, representing a 31.7% increase, or approximately 3.3% per year.

The current estimated value of £104,033 is:

  • 34.6% lower than the average property price on Merchants Mead
  • 31.0% lower than the average in the GL2 4FA postcode area
  • and 62.1% lower than the average price for Gloucester as a whole

View sold house prices in GL2 4FA

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
355 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£104,033
Price Per sq ft (estimate)
£293
Bedroom Count (estimate)
1 bedroom

EPC Summary

15 Merchants Mead, Quedgeley, Gloucester, Gloucestershire, GL2 4FA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 17 Feb 2020.

This property uses electric room heaters as its main heating source. A gas multipoint water heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 30 Sep 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 15.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 75 mm loft insulation, with no change in energy efficiency (average).
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in 80% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Gas multipoint
Average
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to GL2 4FA

13 th / 15
Price Rank
31% lower than average
9 th / 11
Size Rank
23% smaller than average
8 th / 11
Price Per Sq FT Rank
10% lower than average

Compared to other properties in GL2 4FA , this flat's estimated value ranks 13th out of 15. Based on price per square foot, it ranks 8th out of 11 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 9th out of 11 properties in its postcode area.

Sale History

Today
£104,033
streetscan.co.uk estimate
+32 %
31 Mar 2016
£79,000
Leasehold
-12.2 %
27 Apr 2007
£90,000
Leasehold
+5.9 %
29 Sep 2006
£84,950
Leasehold
+41.7 %
24 Jan 2003
£59,950
Leasehold

Area Insights

Similar Properties Sold Nearby

13 Merchants Mead, Quedgeley, Gloucester, GL2 4FA
rooms: 2
size: 355 sq ft
sale price: £93,250
sale date: 15 Jan 2024
6 Merchants Mead, Quedgeley, Gloucester, GL2 4FA
rooms: 2
size: 377 sq ft
sale price: £136,000
sale date: 28 Oct 2022

Data Sources

The property at 15 Merchants Mead, Quedgeley, Gloucester, GL2 4FA appears four times in the Land Registry records, with the latest transaction recorded on 31 Mar 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Feb 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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