3, WHARFSIDE CLOSE, HEMPSTED, GLOUCESTER, GL2 5FB - £166,000

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.

3 WHARFSIDE CLOSE is a small flat of 49m², built sometime between 2007 and 2011, which could now be worth an estimated £165,420. It was last sold for £166,000 in June 2023, which was around 23% above the average June 2023 flat price in the Gloucester local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was C.

3 WHARFSIDE CLOSE Sold Prices

Land registry data shows four sales for 3 WHARFSIDE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Gloucester local authority area for the corresponding sale date. All of the four 3 WHARFSIDE CLOSE sales were for above 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 30 JUN	£166,000	£134,606	23% above HPI
2016 25 NOV	£137,500	£105,965	30% above HPI
2014 30 SEP	£118,000	£91,116	30% above HPI
2010 22 APR	£112,000	£82,381	36% above HPI

What might 3 WHARFSIDE CLOSE be worth now?

3 WHARFSIDE CLOSE might now be worth an estimated £165,420.

This is based on house price deflation of 0.3%, between June 2023 and May 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 0.3% deflationary decrease is applied to the most recent sale price for 3 WHARFSIDE CLOSE of £166,000 on 30th June 2023. For the value to have decreased from £166,000 to £165,420 over the three years and one month to May 2026, the following assumptions must hold true:

• The value of 3 WHARFSIDE CLOSE has moved in line with the HPI for flats in the Gloucester local authority area.
• The June 2023 sale price of £166,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WHARFSIDE CLOSE has not materially changed since June 2023.

How Large is 3 WHARFSIDE CLOSE?

3 WHARFSIDE CLOSE is 49m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 40% of flats in Gloucester, based on EPC data. 33% of flats are smaller than 3 WHARFSIDE CLOSE, and 65% of flats are larger. Note that EPC data is not available for all properties in Gloucester.

3 WHARFSIDE CLOSE: Plot

3 WHARFSIDE CLOSE sits on a plot of roughly 0.049 of an acre, or 199m².

Where is 3 WHARFSIDE CLOSE?

3 WHARFSIDE CLOSE is located in HEMPSTED, in the GL2 postcode district.