1, CENTRAL ROAD, GLOUCESTER, GL1 5BY - £115,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 CENTRAL ROAD is a midsized flat of 55m², built sometime between 2007 and 2011, which could now be worth an estimated £110,648. It was last sold for £115,000 in January 2023, which was around 16% below the average January 2023 flat price in the Gloucester local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

1 CENTRAL ROAD Sold Prices

Land registry data shows two sales for 1 CENTRAL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Gloucester local authority area for the corresponding sale date. Both of the two 1 CENTRAL ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 9 JAN	£115,000	£137,132	16% below HPI
2022 14 OCT	£3,000	£136,680	98% below HPI

What might 1 CENTRAL ROAD be worth now?

1 CENTRAL ROAD might now be worth an estimated £110,648.

This is based on house price deflation of 3.8%, between January 2023 and April 2026, for flats, in the Gloucester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% deflationary decrease is applied to the most recent sale price for 1 CENTRAL ROAD of £115,000 on 9th January 2023. For the value to have decreased from £115,000 to £110,648 over the two years and nine months to April 2026, the following assumptions must hold true:

• The value of 1 CENTRAL ROAD has moved in line with the HPI for flats in the Gloucester local authority area.
• The January 2023 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CENTRAL ROAD has not materially changed since January 2023.

How Large is 1 CENTRAL ROAD?

1 CENTRAL ROAD is 55m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 50% of flats in Gloucester, based on EPC data. 45% of flats are smaller than 1 CENTRAL ROAD, and 52% of flats are larger. Note that EPC data is not available for all properties in Gloucester.

1 CENTRAL ROAD: Plot

1 CENTRAL ROAD sits on a plot of roughly 0.043 of an acre, or 175m².

Where is 1 CENTRAL ROAD?

1 CENTRAL ROAD is located in GLOUCESTER, in the GL1 postcode district.