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House Prices in GL16 House Prices in GL16 (Coleford)

The average house price in GL16 (Coleford) is £254,500 using HM Land Registry data.

The average property price increased by £39,111 (36.25%) over the last 5 years and increased by £7,836 (5.12%) over the last 12 months.

Over the last year, there were 148 residential property sales – a decrease of 14 transactions (-9.46%) relative to the previous year. The majority of house sales (45) were in the £228,000 - £296,000 range. Then came properties in the £160,000 - £228,000 range, where 32 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 195 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,511 (-3%).

In February 2025, there were 24 new estate agency instructions, 18 agreed home sales and 27 property price reductions.

Nearby Postcodes: GL13, GL14, GL15, GL17, GL18, GL19, GL2, HR1, HR2, HR8, HR9, NP15, NP16, NP25, NP7

5-Year Average Property Prices in GL16 (Coleford)

36.25%

Property prices in GL16 (Coleford) increased by 36.25% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in GL16 (Coleford) Over the Last Year

5.12%

Property prices in GL16 (Coleford) increased by 5.12% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for GL16 (Coleford) - February 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in GL16 (Coleford)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in GL16 (Coleford)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in GL16 (Coleford)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the GL16 (Coleford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the GL16 postcode area since 1995.

Recent Sales in GL16 (Coleford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
46 Coverham Road, Berry Hill, Coleford, Gloucestershire, GL16 7RD£480,000£460,000-£20,00017 Jul 202413 Jan 2025180 Days
Purple Patch, Palmers Flat, Coalway, Coleford, Gloucestershire, GL16 7HT£375,000£350,000-£25,00027 Aug 202407 Jan 2025133 Days
54 Kings Meade, Coleford, Gloucestershire, GL16 8RS£180,000£180,000£019 Sep 202406 Jan 2025109 Days
31 Hillcrest Road, Berry Hill, Coleford, Gloucestershire, GL16 7RG£220,000£200,000-£20,00021 Aug 202420 Dec 2024121 Days
20 Springfield Close, Coleford, Gloucestershire, GL16 8BB£150,000£142,000-£8,00022 Jul 202420 Dec 2024151 Days
17 Poolway Place, Coleford, Gloucestershire, GL16 8DF£220,000£210,000-£10,00013 Sep 202416 Dec 202494 Days
44 Tufthorn Avenue, Coleford, Gloucestershire, GL16 8PT£280,000£268,000-£12,00021 May 202413 Dec 2024206 Days
13 Edinburgh Place, Broadwell, Coleford, Gloucestershire, GL16 7JG£125,000£125,000£028 Aug 202411 Dec 2024105 Days
25 Marians Walk, Berry Hill, Coleford, Gloucestershire, GL16 8QW£350,000£340,000-£10,00003 Jul 202405 Dec 2024155 Days
58 Fairways Avenue, Coleford, Gloucestershire, GL16 8RJ£170,000£168,500-£1,50021 Aug 202429 Nov 2024100 Days
20 Greenfield Road, Coleford, Gloucestershire, GL16 8BY£435,000£421,800-£13,20003 Sep 202428 Nov 202486 Days
23 Lark Rise, Coleford, Gloucestershire, GL16 8EP£290,000£290,000£016 Apr 202426 Nov 2024224 Days
16 Redhouse Lane, English Bicknor, Coleford, Gloucestershire, GL16 7PB£220,000£190,000-£30,00012 Jul 202426 Nov 2024137 Days
17 South Road, Broadwell, Coleford, Gloucestershire, GL16 7EA£250,000£245,000-£5,00023 Apr 202422 Nov 2024213 Days
Hill Crest, Palmers Flat, Coleford, Gloucestershire, GL16 7HU£349,999£318,000-£31,99918 Jun 202422 Nov 2024157 Days
6 Springfield Close, Coleford, Gloucestershire, GL16 8BB£190,000£180,000-£10,00023 Jul 202415 Nov 2024115 Days
17 Michaels Way, Sling, Coleford, Gloucestershire, GL16 8LZ£449,950£432,500-£17,45021 Feb 202413 Nov 2024266 Days
38 Sylvan Close, Coleford, Gloucestershire, GL16 8RU£95,000£88,500-£6,50022 Oct 202406 Nov 202415 Days
Halmar, Brecon Way, Edge End, Coleford, Gloucestershire, GL16 7EW£299,950£250,000-£49,95009 May 202418 Oct 2024162 Days
62 Victoria Road, Coleford, Gloucestershire, GL16 8DS£460,000£440,000-£20,00003 Apr 202410 Oct 2024190 Days

Most Expensive Streets in GL16 (Coleford)

PostcodeStreetAreaAverageNo. of Sales
GL16 8NRNewlandColeford£661,6663
GL16 7PDEnglish BicknorColeford£575,9905
GL16 7NWLilly Close, ChristchurchColeford£546,5005
GL16 8NBWhitecliffColeford£495,6663
GL16 8NPNewlandColeford£494,6605
GL16 7LRGorsty KnollColeford£486,9905
GL16 7JSParkend Walk, CoalwayColeford£445,0003
GL16 8PQWellmeadow, StauntonColeford£444,7374
GL16 7BEPoolway Road, BroadwellColeford£428,6663
GL16 8LLClements EndColeford£426,6669

Least Expensive Streets in GL16 (Coleford)

PostcodeStreetAreaAverageNo. of Sales
GL16 8DDMarine GardensColeford£91,8124
GL16 8BAKings Head Apartments, Bank Street, ColefordColeford£105,0833
GL16 7JGEdinburgh Place, BroadwellColeford£116,0003
GL16 8BLGloucester RoadColeford£118,0003
GL16 7DYConway Court, Berry HillColeford£126,3124
GL16 8ENOakfieldsColeford£131,4374
GL16 8RUSylvan CloseColeford£137,2779
GL16 8DPKings Head Apartments, Spout LaneColeford£140,5836
GL16 8RPFairways AvenueColeford£143,08312
GL16 8RSKings MeadeColeford£157,85421

Explore GL16 (Coleford) using map

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