74 Drift Way, Cirencester, GL7 1WN is a leasehold flat built between 1991-1995. The property offers approximately 484 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £142,244 , which equates to approximately £294 per square foot. It was last sold on 21 Dec 1995 for £31,000. Since then, the value has increased by £111,244, representing a 358.9% increase, or approximately 12.0% per year.

The current estimated value of £142,244 is:

  • 48.9% lower than the average property price on Drift Way
  • 42.2% lower than the average in the GL7 1WN postcode area
  • and 66.7% lower than the average price for Cirencester as a whole

At the most recent EPC inspection on 24 May 2021, the property was recorded as rented.

View sold house prices in GL7 1WN

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£142,244
Price Per sq ft (estimate)
£294
Bedroom Count (estimate)
1 bedroom

EPC Summary

74 Drift Way, Cirencester, Cotswold, Gloucestershire, GL7 1WN has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 24 May 2021.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Jun 2011, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 8.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from average to poor, while the heating system type remained the same (electric storage heaters).
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 270 mm loft insulation, improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 33% of fixed outlets, with efficiency changing from good to average.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 270 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to GL7 1WN

48 th / 50
Price Rank
42% lower than average
29 th / 41
Size Rank
20% smaller than average
41 st / 41
Price Per Sq FT Rank
28% lower than average

Compared to other properties in GL7 1WN , this flat's estimated value ranks 48th out of 50. Based on price per square foot, it ranks 41th out of 41 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 29th out of 41 properties in its postcode area.

Sale History

Today
£142,244
streetscan.co.uk estimate
+359 %
21 Dec 1995
£31,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 484 sq ft
sale price: £140,000
sale date: 15 Jun 2020
rooms: 2
size: 484 sq ft
sale price: £115,000
sale date: 30 Oct 2015
rooms: 2
size: 463 sq ft
sale price: £110,000
sale date: 8 Dec 2006
rooms: 2
size: 452 sq ft
sale price: £117,000
sale date: 26 May 2006
rooms: 2
size: 484 sq ft
sale price: £107,500
sale date: 5 Aug 2005

Data Sources

The property at 74 Drift Way, Cirencester, Cotswold, Gloucestershire, GL7 1WN appears once in the Land Registry records, with the transaction recorded on 21 Dec 1995. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 May 2021. 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.


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