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Broadwell and Coalway House Prices Broadwell and Coalway House Prices

The average house price in Broadwell and Coalway is £0 using HM Land Registry data.

The average property price increased by £136,349 (66.52%) over the last 5 years and increased by £27,251 (8.68%) over the last 12 months.

Over the last year, there were 24 residential property sales – a decrease of 10 transactions (-41.67%) relative to the previous year. The majority of house sales (6) were in the £220,000 - £274,000 range. Then came properties in the £274,000 - £328,000 range, where 6 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 46 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,786 (-3%).

In April 2024, there were 8 new estate agency instructions, 6 agreed home sales and 5 property price reductions.

Neighbouring Areas: Coleford

Postcodes Covered: GL16

5-Year Average Property Prices in Broadwell and Coalway

66.52%

Property prices in Broadwell and Coalway increased by 66.52% 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 Broadwell and Coalway Over the Last Year

8.68%

Property prices in Broadwell and Coalway increased by 8.68% 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 Broadwell and Coalway - April 2024

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 Broadwell and Coalway

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 Broadwell and Coalway

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 Broadwell and Coalway

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 Broadwell and Coalway since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Broadwell and Coalway area since 1995.

Recent Property Sales in Broadwell and Coalway

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Deanoaks, Parkend Road, Coalway, Coleford, Gloucestershire, GL16 7HX£375,000£355,000-£20,00014 Oct 202326 Feb 2024135 Days
7 Parkend Road, Coalway, Coleford, Gloucestershire, GL16 7HX£300,000£288,000-£12,00021 Sep 202202 Nov 2023407 Days
5 Forest Road, Mile End, Coleford, Gloucestershire, GL16 7QH£299,950£292,000-£7,95024 May 202301 Nov 2023161 Days
25 Machen Road, Broadwell, Coleford, Gloucestershire, GL16 7BU£270,000£257,000-£13,00027 Apr 202318 Aug 2023113 Days
9 Woodville Avenue, Mile End, Coleford, Gloucestershire, GL16 7DF£400,000£385,000-£15,00009 Aug 202228 Jul 2023353 Days
27 Old Road, Coalway, Coleford, Gloucestershire, GL16 7JN£499,950£489,000-£10,95029 Mar 202311 Jul 2023104 Days
24 Birch Park, Coalway, Coleford, Gloucestershire, GL16 7RU£185,000£180,000-£5,00005 Apr 202330 Jun 202386 Days
1 Edinburgh Place, Broadwell, Coleford, Gloucestershire, GL16 7JG£192,500£120,000-£72,50018 Jul 202026 Jun 20231073 Days
12 Cedar Way, Mile End, Coleford, Gloucestershire, GL16 7NH£279,995£275,000-£4,99513 Jan 202326 May 2023133 Days
Palmelia, Palmers Flat, Coleford, Gloucestershire, GL16 7HU£395,000£390,000-£5,00005 Feb 202303 May 202387 Days
2 Woodville Avenue, Mile End, Coleford, Gloucestershire, GL16 7DF£240,000£235,000-£5,00026 Jan 202319 Apr 202383 Days
73 North Road, Broadwell, Coleford, Gloucestershire, GL16 7BX£319,995£310,000-£9,99517 Oct 202230 Mar 2023164 Days
11 Coalway Road, Coalway, Coleford, Gloucestershire, GL16 7HG£334,950£326,000-£8,95014 Nov 202224 Mar 2023130 Days
Jasmine Cottage, New Road, Coalway, Coleford, Gloucestershire, GL16 7JD£485,000£465,000-£20,00025 Jul 202224 Mar 2023242 Days
12 Foxs Lane, Broadwell, Coleford, Gloucestershire, GL16 7ED£585,000£560,000-£25,00030 Apr 202220 Feb 2023296 Days
28 Woodgate Road, Mile End, Coleford, Gloucestershire, GL16 7QJ£425,000£425,000£0021 Jun 202227 Jan 2023220 Days
12 Birch Park, Coalway, Coleford, Gloucestershire, GL16 7RU£299,950£299,950£0002 Sep 202212 Jan 2023132 Days
10 Foxs Lane, Broadwell, Coleford, Gloucestershire, GL16 7ED£335,000£312,500-£22,50029 Jul 202215 Dec 2022139 Days
8 South Road, Broadwell, Coleford, Gloucestershire, GL16 7EA£245,000£225,000-£20,00018 Aug 202209 Dec 2022113 Days
8 Perch Close, Mile End, Coleford, Gloucestershire, GL16 7DS£249,950£249,950£0021 Jul 202228 Oct 202299 Days

Most Expensive Streets in Broadwell and Coalway

PostcodeStreetAreaAverageNo. of Sales
GL16 7EDFoxs LaneBroadwell£419,1663
GL16 7EBBixhead WalkBroadwell£386,2504
GL16 7BEPoolway RoadBroadwell£377,3754
GL16 7QJWoodgate RoadMile End£376,9378
GL16 7JNOld RoadCoalway£364,7504
GL16 7QDMile End RoadColeford£338,7504
GL16 7BTHoward RoadBroadwell£312,5003
GL16 7HUPalmers FlatColeford£303,2005
GL16 7HGCoalway RoadCoalway£298,2504
GL16 7BUMachen RoadBroadwell£289,0004

Least Expensive Streets in Broadwell and Coalway

PostcodeStreetAreaAverageNo. of Sales
GL16 7JGEdinburgh PlaceBroadwell£121,6663
GL16 7DRNorth RoadBroadwell£183,3333
GL16 7NGChestnut CloseMile End£191,3333
GL16 7JEQueenswayBroadwell£193,7503
GL16 7HFCrown MeadowCoalway£200,6124
GL16 7FFPoppy FieldBroadwell£221,0006
GL16 7HXParkend RoadCoalway£225,6456
GL16 7DGPerch DriveMile End£234,3624
GL16 7RUBirch ParkCoalway£243,14510
GL16 7JDNew RoadCoalway£251,1878

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