BASEMENT FLAT, 9, ALEXANDRA ROAD, GLOUCESTER, GL1 3DR - £147,500

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.

BASEMENT FLAT is a midsized flat of 60m², built sometime before 1900, which could now be worth an estimated £175,078. It was last sold for £147,500 in June 2020, which was around 31% above the average June 2020 flat price in the Gloucester local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

BASEMENT FLAT Sold Prices

Land registry data shows two sales for BASEMENT FLAT 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 BASEMENT FLAT 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
2020 19 JUN	£147,500	£113,007	31% above HPI
2018 31 MAY	£131,000	£114,559	14% above HPI

What might BASEMENT FLAT be worth now?

BASEMENT FLAT might now be worth an estimated £175,078.

This is based on house price inflation of 18.7%, between June 2020 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 18.7% inflationary increase is applied to the most recent sale price for BASEMENT FLAT of £147,500 on 19th June 2020. For the value to have increased from £147,500 to £175,078 over the six years and one month to May 2026, the following assumptions must hold true:

• The value of BASEMENT FLAT has moved in line with the HPI for flats in the Gloucester local authority area.
• The June 2020 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of BASEMENT FLAT has not materially changed since June 2020.

How Large is BASEMENT FLAT?

BASEMENT FLAT is 60m² according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of flats in Gloucester, based on EPC data. 59% of flats are smaller than BASEMENT FLAT, and 38% of flats are larger. Note that EPC data is not available for all properties in Gloucester.

BASEMENT FLAT: Plot

BASEMENT FLAT sits on a plot of roughly 0.060 of an acre, or 241m².