Sold Flat

FLAT 1

16 ST MICHAELS SQUARE, GLOUCESTER, GLOUCESTERSHIRE GL1 1HX

1 beds 1 baths 43 m² Listed 5 Apr 2016 (-3759d)

£107,500

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# 1 bedroom flat for sale (GL1 1HX)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 1, 16 ST MICHAELS SQUARE, GLOUCESTER, GLOUCESTERSHIRE GL1 1HX |
| Price | £107,500 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £93,000 Feb 2008 |

## Description

**IDEAL FIRST TIME BUY/INVESTMENT**Situated within a stones throw of Gloucester Quays KJT Residential are pleased to offer for sale this lovely lower ground floor flat, the property has its own entrance and benefits from a 12ft bedroom, 14ft lounge, fitted kitchen, bathroom, allocated parking space. VIEWING RECOMMENDED.

## Property Photos

- ![Photo 9](/listings/photos/58681313/1311753) - Photo 9
- ![Photo 2](/listings/photos/58681313/1311755) - Photo 2
- ![Photo 3](/listings/photos/58681313/1311757) - Photo 3
- ![Photo 4](/listings/photos/58681313/1311759) - Photo 4
- ![Photo 5](/listings/photos/58681313/1311760) - Photo 5
- ![Photo 6](/listings/photos/58681313/1311761) - Photo 6
- ![Photo 7](/listings/photos/58681313/1311763) - Photo 7
- ![Photo 1](/listings/photos/58681313/1311768) - Photo 1
- ![Photo 8](/listings/photos/58681313/1311774) - Photo 8

## EPC Graphs

- ![Energy Perform...](/listings/photos/58681313/1311779) - Energy Perform...

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 16 FLAT 1 ST MICHAELS SQUARE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1HX | £93,000 | 25/02/2008 | Flat |
| 16 FLAT 1 ST MICHAELS SQUARE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1HX | £58,500 | 27/02/2004 | Flat |
| 16 FLAT 1 ST MICHAELS SQUARE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1HX | £38,000 | 26/05/2000 | Flat |
| 16 FLAT 1 ST MICHAELS SQUARE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1HX | £32,000 | 18/12/1998 | Flat |
| 16 FLAT 1 ST MICHAELS SQUARE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1HX | £26,000 | 10/01/1997 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 37 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LN | £59,000 | 10/12/2025 | Flat |
| 15B PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LH | £70,000 | 03/06/2025 | Flat |
| FITZALAN HOUSE FLAT 28 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW | £140,000 | 28/04/2025 | Flat |
| FITZALAN HOUSE FLAT 10 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW | £142,500 | 27/11/2023 | Flat |
| FITZALAN HOUSE FLAT 14 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW | £150,000 | 20/11/2023 | Flat |
| 2 FLAT 3 KILN CLOSE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GG | £185,000 | 17/11/2023 | Flat |
| FITZALAN HOUSE FLAT 26 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW | £125,000 | 22/09/2023 | Flat |
| 3 FLAT 16 FRIARS ORCHARD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GA | £195,000 | 15/08/2023 | Flat |
| 1 FLAT 9 FRIARS ORCHARD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GA | £210,000 | 17/01/2023 | Flat |
| 42 GROUND FLOOR FLAT WELLINGTON STREET, GLOUCESTER, GLOUCESTERSHIRE, GL1 1RD | £105,000 | 16/12/2022 | Flat |
| HENLEY COURT, 2 FLAT 8 MONTPELLIER, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LT | £1,190,000 | 16/12/2022 | Flat |
| FITZALAN HOUSE FLAT 2 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW | £160,000 | 04/11/2022 | Flat |
| LESANNE COURT FLAT 17 PARLIAMENT STREET, GLOUCESTER, GLOUCESTERSHIRE, GL1 1YF | £105,000 | 07/10/2022 | Flat |
| 52 WELLINGTON STREET, GLOUCESTER, GLOUCESTERSHIRE, GL1 1RD | £88,500 | 01/08/2022 | Flat |
| LESANNE COURT FLAT 9 PARLIAMENT STREET, GLOUCESTER, GLOUCESTERSHIRE, GL1 1YF | £94,000 | 15/07/2022 | Flat |
| 2 FLAT 9 KILN CLOSE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GG | £130,000 | 09/06/2022 | Flat |
| 2 FLAT 8 KILN CLOSE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GG | £136,000 | 07/06/2022 | Flat |
| 2 FLAT 10 KILN CLOSE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GG | £125,000 | 04/03/2022 | Flat |
| FITZALAN HOUSE FLAT 22 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW | £115,000 | 23/02/2022 | Flat |
| 3 FLAT 10 FRIARS ORCHARD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GA | £185,000 | 30/11/2021 | Flat |

**Area average:** £185,500 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £138,573 (55 Flat, GL1, 2024–2026)
- **Deviation:** -22.4%

## Rental Range

*ONS Price Index of Private Rents (Gloucester). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £995/mo
- **Realistic:** £1,105/mo
- **Optimistic:** £1,216/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Worcester South (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £567/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Union St, GL1 | £900/mo | 1 | 0.57 miles | OpenRent |

**Average rent: £900/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.84% (okay)
- **Max investor price (0.8%):** £112,500
- **Target investor price (1%):** £90,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £900/mo).*

- **Gross yield:** 10%
- **Cost-to-rent:** 10×
- **Monthly cashflow:** £362/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 13.9%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 13%
- **10y growth:** 16.6%

## House Price Index (HM Land Registry)

*Official index for Gloucester; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -0.3%
- **5y growth (index):** 7.2%
- **10y growth (index):** 32.1%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Floor area

43 m²

Last sold

£93,000 Feb 2008

Local average

£138,573 (-22.4%)

Street crime

3 incidents within 1 mile (May 2026)

Key features

Popular City Centre Location
Viewing Recommended
Well Presented
Gas Central Heating
Grade II Listed Building
EPC Rating D66

Additional details

Parking: Yes

Description

IDEAL FIRST TIME BUY/INVESTMENTSituated within a stones throw of Gloucester Quays KJT Residential are pleased to offer for sale this lovely lower ground floor flat, the property has its own entrance and benefits from a 12ft bedroom, 14ft lounge, fitted kitchen, bathroom, allocated parking space. VIEWING RECOMMENDED.

Listed by

Gloucester

KJT Residential

Reference: 58681313

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

Energy Perform...

Price history

258% since 1997

Event	Date	Price	% change
Sold	25/02/2008 (18 years ago)	£93,000	+59%
Sold	27/02/2004 (22 years ago)	£58,500	+53.9%
Sold	26/05/2000 (26 years ago)	£38,000	+18.8%
Sold	18/12/1998 (27 years ago)	£32,000	+23.1%
Sold	10/01/1997 (29 years ago)	£26,000	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
37 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LN	£59,000	10/12/2025	Flat
15B PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LH	£70,000	03/06/2025	Flat
FITZALAN HOUSE FLAT 28 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW	£140,000	28/04/2025	Flat
FITZALAN HOUSE FLAT 10 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW	£142,500	27/11/2023	Flat
FITZALAN HOUSE FLAT 14 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW	£150,000	20/11/2023	Flat
2 FLAT 3 KILN CLOSE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GG	£185,000	17/11/2023	Flat
FITZALAN HOUSE FLAT 26 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW	£125,000	22/09/2023	Flat
3 FLAT 16 FRIARS ORCHARD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GA	£195,000	15/08/2023	Flat
1 FLAT 9 FRIARS ORCHARD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GA	£210,000	17/01/2023	Flat
42 GROUND FLOOR FLAT WELLINGTON STREET, GLOUCESTER, GLOUCESTERSHIRE, GL1 1RD	£105,000	16/12/2022	Flat
HENLEY COURT, 2 FLAT 8 MONTPELLIER, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LT	£1,190,000	16/12/2022	Flat
FITZALAN HOUSE FLAT 2 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW	£160,000	04/11/2022	Flat
LESANNE COURT FLAT 17 PARLIAMENT STREET, GLOUCESTER, GLOUCESTERSHIRE, GL1 1YF	£105,000	07/10/2022	Flat
52 WELLINGTON STREET, GLOUCESTER, GLOUCESTERSHIRE, GL1 1RD	£88,500	01/08/2022	Flat
LESANNE COURT FLAT 9 PARLIAMENT STREET, GLOUCESTER, GLOUCESTERSHIRE, GL1 1YF	£94,000	15/07/2022	Flat
2 FLAT 9 KILN CLOSE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GG	£130,000	09/06/2022	Flat
2 FLAT 8 KILN CLOSE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GG	£136,000	07/06/2022	Flat
2 FLAT 10 KILN CLOSE, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GG	£125,000	04/03/2022	Flat
FITZALAN HOUSE FLAT 22 PARK ROAD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1LW	£115,000	23/02/2022	Flat
3 FLAT 10 FRIARS ORCHARD, GLOUCESTER, GLOUCESTERSHIRE, GL1 1GA	£185,000	30/11/2021	Flat

Area average: £185,500 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 13%

10y growth 16.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Gloucester. Series: Flats and maisonettes. As of April 2026.

1y (index) -0.3%

5y (index) 7.2%

10y (index) 32.1%

Rental Range

Estimated market rent for Gloucester. Low = conservative, Realistic = average, Optimistic = best case.

Low £995/mo

Realistic £1,105/mo

Optimistic £1,216/mo

Based on Local Authority from postcode lookup → Gloucester.

LHA (30th percentile) floor for Worcester South: £567/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View GL1 1HX

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Hair Design by Sam.B	0.1 miles
Bus stop	St Michael's Square	0.1 miles
Bus stop	Saint Michael's Court	0.1 miles
Shop	Two Magpies Tattoo Studio	0.1 miles
University	University of Gloucestershire City Campus	0.3 miles
Train station	Gloucester	0.4 miles
University	University of Gloucestershire - Oxtalls Campus	1.2 miles
Train station	Cheltenham Spa	6.6 miles
Hospital	NHS Records Office	7.8 miles
Hospital	Estates Workshop	7.9 miles

Street-level crime

Category	Count
Violence and sexual offences	2
Other crime	1
Total incidents	3

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
St Paul's Church of England Primary School	Primary	0.4 miles	Good — 16 Sep 2024
Al-Ashraf Secondary School for Girls	Other	0.4 miles	Requires improvement — 9 Jun 2024
The King's School, Gloucester	Other	0.4 miles	— (No rating)
Widden Primary School	Primary	0.5 miles	Requires improvement — 18 May 2022
Gloucestershire College	Other	0.5 miles	— (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Flat, Union St, GL1	£900/mo	1	0.57 miles	OpenRent

Average rent: £900/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.84%

Max investor price (0.8%) £112,500

Target investor price (1%) £90,000

Gross yield 10%

Cost-to-rent ratio 10×

Monthly cashflow £362/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 13.9%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).