Housing Market Analysis for OLD FURNACE CLOSE, GL15 5FB

Are you looking to understand GL15 5FB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Forest of Dean postcode.

For the location information and nearby amenities in the GL15 5FB area, explore the GL15 5FB Area information page.
For comprehensive crime statistics in the GL15 5FB area, explore the GL15 5FB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the GL15 5FB postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £126,449 median price is £119,500 Standard Deviation is £60,567 with Total Sold: 25
- The most recent sale happened at this postcode is 11 OLD FURNACE CLOSE: £177,000 (Sold on 26 Sep 2017)
- The first recorded sale happened at this postcode is 6 OLD FURNACE CLOSE: £68,443 (Sold on 27 Apr 1998)
Detached
- The average price is around £127,610 median price is £89,950 Standard Deviation is £97,361 with Total Sold: 5
- The Last 5 Year average price is £320,000 with Total Sold: 1
- The most recent sale happened at this postcode is 4 OLD FURNACE CLOSE: £101,000 (Sold on 31 Jul 2000)
- The first recorded sale happened at this postcode is 9 OLD FURNACE CLOSE: £320,000 (Sold on 15 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average GL15 5FB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£168,500	£2,066	2
2016	£192,000	£2,313	1
2015	£225,000	£1,573	1
2014	£181,000	£2,152	1
2013	£172,000	£2,082	1
2011	£185,000	£2,200	1
2009	£164,500	£1,992	1
2006	£220,000		1
2004	£202,000	£1,298	2
2002	£123,875	£1,204	2
2001	£110,000		1
2000	£80,150	£779	2
1999	£61,780	£704	8
1998	£68,443	£378	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2000	£101,000		1
1999	£72,350	£527	3
2024	£320,000		1

All the Sales in the OLD FURNACE CLOSE, GL15 5FB

See the table below for more details on the sold house prices in the GL15 5FB, Forest of Dean postcode.

Address	Sold Date	Price	% Change
11 OLD FURNACE CLOSESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1991-1995	26 Sep 2017	£177,000	166.17%
	22 Apr 1999	£66,500	First Sale
12 OLD FURNACE CLOSESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1996-2002	11 Apr 2017	£160,000	125.35%
	07 Jan 2000	£71,000	56.52%
	10 Jun 1999	£45,363	First Sale
7 OLD FURNACE CLOSESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1991-1995	04 Jul 2016	£192,000	195.38%
	05 Jul 1999	£65,000	First Sale
1 OLD FURNACE CLOSESemi-Detached, FreeholdArea: 143 Sq.mtrAge: 1996-2002	26 Jun 2015	£225,000	150.14%
	08 Oct 1999	£89,950	First Sale
14 OLD FURNACE CLOSESemi-Detached, FreeholdArea: 84.1 Sq.mtrAge: 1991-1995	16 Jun 2014	£181,000	-2.16%
	13 Sep 2011	£185,000	168.70%
	15 Dec 1999	£68,850	First Sale
8 OLD FURNACE CLOSESemi-Detached, FreeholdArea: 82.6 Sq.mtrAge: 1991-1995	04 Jan 2013	£172,000	4.56%
	11 Dec 2009	£164,500	37.66%
	11 Oct 2002	£119,500	163.43%
	17 Feb 1999	£45,363	First Sale
3 OLD FURNACE CLOSESemi-Detached, Freehold	23 Jun 2006	£220,000	150.00%
3 OLD FURNACE CLOSESemi-Detached, Freehold	18 Mar 1999	£88,000	First Sale
6 OLD FURNACE CLOSESemi-Detached, FreeholdArea: 181 Sq.mtrAge: 1996-2002	18 Jun 2004	£220,000	221.44%
	27 Apr 1998	£68,443	First Sale
2 OLD FURNACE CLOSESemi-Detached, FreeholdArea: 133.3 Sq.mtrAge: 1996-2002	29 Apr 2004	£184,000	43.47%
	05 Jun 2002	£128,250	43.62%
	31 Jan 2000	£89,300	First Sale
10 OLD FURNACE CLOSESemi-Detached, Freehold	12 Nov 2001	£110,000	First Sale
4 OLD FURNACE CLOSEDetached, Freehold	31 Jul 2000	£101,000	47.57%
4 OLD FURNACE CLOSEDetached, Freehold	29 Jan 1999	£68,443	First Sale
15 OLD FURNACE CLOSESemi-Detached, Freehold	17 Sep 1999	£70,500	57.85%
15 OLD FURNACE CLOSESemi-Detached, Freehold	13 Aug 1999	£44,663	First Sale
9 OLD FURNACE CLOSEDetached, FreeholdArea: 138 Sq.mtrAge: 1991-1995	29 Mar 1999	£58,658	-81.67%
	15 Aug 2024	£320,000	First Sale

Check out the sold house prices near the GL15 5FB postcode. Properties currently for saleProperties currently for rent

OLD FURNACE CLOSE, GL15 5FB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the GL15 5FB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the GL15 5FB postcode.

Semi-Detached
- The average price is around £141,354 median price is £140,000 Standard Deviation is £77,256 with Total Sold: 340
- The Last 5 Year average price is £249,543 with Total Sold: 63
- The most recent sale happened at this postcode is , 11 GREENWAYS: £100,000 (Sold on 19 Sep 2024)
- The first recorded sale happened at this postcode is , 15 VICTORIA ROAD: £40,500 (Sold on 31 Jan 1995)
Detached
- The average price is around £191,512 median price is £180,000 Standard Deviation is £102,559 with Total Sold: 219
- The Last 5 Year average price is £341,147 with Total Sold: 37
- The most recent sale happened at this postcode is , 18 CHANTRY CLOSE: £337,000 (Sold on 02 Sep 2024)
- The first recorded sale happened at this postcode is , WEST END BUNGALOW TEMPLEWAY WEST: £35,000 (Sold on 13 Jan 1995)
Terraced
- The average price is around £105,072 median price is £92,000 Standard Deviation is £60,886 with Total Sold: 311
- The Last 5 Year average price is £203,507 with Total Sold: 47
- The most recent sale happened at this postcode is , 9 DARTERS CLOSE: £177,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 16 OLD TOWN MEWS: £45,950 (Sold on 02 Feb 1995)
Other
- The average price is around £1,961,369 median price is £353,500 Standard Deviation is £4,218,516 with Total Sold: 8
- The Last 5 Year average price is £697,500 with Total Sold: 2
- The most recent sale happened at this postcode is , THE HOLMS HOLMS FARM ESTATE: £1,000,000 (Sold on 17 Feb 2022)
- The first recorded sale happened at this postcode is , CROSS BANK CHAMBERS, 2 HIGH STREET: £312,000 (Sold on 22 Aug 2014)
Flat
- The average price is around £77,821 median price is £70,000 Standard Deviation is £38,540 with Total Sold: 43
- The Last 5 Year average price is £135,362 with Total Sold: 4
- The most recent sale happened at this postcode is , 4 LYCH GATE MEWS: £144,000 (Sold on 05 Mar 2021)
- The first recorded sale happened at this postcode is , 23D HIGH STREET: £35,750 (Sold on 27 Mar 1997)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£247,300	£3,418	5
2023	£264,900	£3,366	10
2022	£259,920	£3,336	16
2021	£245,179	£2,614	14
2020	£232,833	£2,464	9
2019	£238,778	£2,557	9
2018	£226,821	£2,418	7
2017	£189,625	£1,975	8
2016	£183,350	£2,069	10
2015	£201,600	£1,703	5
2014	£152,750	£1,922	6
2013	£159,045	£1,693	11
2012	£166,167	£1,655	6
2011	£165,500	£1,827	5
2010	£161,869	£1,721	8
2009	£154,900	£2,037	5
2008	£167,100	£2,367	5
2007	£185,132	£2,562	11
2006	£175,344	£2,130	9
2005	£153,387	£1,702	16
2004	£159,688	£1,669	13
2003	£124,900	£1,482	11
2002	£104,064	£1,065	18
2001	£77,700	£965	10
2000	£70,678	£837	25
1999	£62,351	£689	33
1998	£59,271	£676	19
1997	£56,504	£754	24
1996	£46,500	£574	6
1995	£40,500	£463	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£341,750	£3,367	4
2023	£325,553	£3,556	9
2022	£346,861	£3,466	11
2021	£358,000	£2,704	9
2020	£335,000	£2,322	2
2019	£309,000	£2,273	2
2018	£262,667	£2,350	6
2017	£275,194	£2,267	6
2016	£269,564	£2,702	7
2015	£227,750	£2,327	4
2014	£237,500	£2,018	4
2013	£213,950	£1,818	5
2012	£201,096	£1,894	6
2011	£190,000	£1,915	2
2010	£261,000	£1,784	4
2009	£225,000	£1,953	2
2008	£218,625	£1,916	4
2007	£266,483	£1,842	3
2006	£216,450	£1,972	11
2005	£211,550	£1,950	9
2004	£179,750		3
2003	£178,750	£1,549	10
2002	£147,494	£1,166	9
2001	£149,838	£1,111	13
2000	£110,636	£870	11
1999	£83,838	£850	14
1998	£89,035	£829	23
1997	£88,802	£829	22
1996	£68,333	£693	3
1995	£35,000	£412	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£177,000		1
2023	£229,649	£3,531	10
2022	£226,864	£3,154	15
2021	£196,207	£2,643	7
2020	£169,279	£2,359	7
2019	£161,429	£2,472	7
2018	£144,500	£2,020	2
2017	£145,071	£2,340	7
2016	£163,286	£2,676	7
2015	£137,531	£1,691	8
2014	£142,700	£2,260	5
2013	£122,900	£1,650	5
2012	£109,607	£1,937	7
2011	£114,625	£1,590	4
2010	£115,062	£1,943	8
2009	£131,000	£1,947	6
2008	£146,600	£2,190	5
2007	£137,714	£1,823	7
2006	£134,958	£2,266	13
2005	£128,493	£1,850	15
2004	£110,833	£1,742	9
2003	£100,368	£1,429	16
2002	£78,728	£1,262	14
2001	£70,255	£1,065	9
2000	£51,291	£741	11
1999	£48,706	£774	31
1998	£47,843	£778	37
1997	£48,148	£704	27
1996	£37,707	£499	7
1995	£44,862	£642	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£1,000,000		1
2019	£395,000		1
2018	£305,000	£2,927	2
2017	£184,950	£2,255	1
2016	£6,594,500		2
2014	£312,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£144,000	£2,775	1
2020	£127,500	£3,643	1
2019	£134,975	£2,752	2
2017	£130,000	£2,281	1
2016	£65,000	£1,329	2
2014	£70,000	£1,972	2
2013	£88,000	£765	1
2011	£76,500	£1,846	2
2009	£125,000	£2,069	4
2007	£122,000	£2,602	2
2006	£98,750	£2,357	2
2005	£53,500	£833	1
2004	£116,500	£2,694	2
2003	£63,408	£1,073	6
2002	£42,500		2
2001	£33,000	£494	2
2000	£37,833	£1,127	3
1999	£42,262	£984	4
1998	£45,500	£798	1
1997	£38,168	£828	2

House Type in GL15 5FB area

The most common house types in the GL15 5FB postcode area are Terraced (61), Detached (40), and Semi-detached (33).

Total	144
Terraced	61
Detached	40
Semi-detached	33
Flat	5
converted building	3
Shared house	1
commercial building	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright	62
Owned: Owns with a mortgage or loan	38
Private rented: Private landlord or letting agency	38
Social rented: Other social rented	4
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the GL15 5FB have 2 people in household (52), and 1 person in household (51).

2 people in household	52
1 person in household	51
3 people in household	19
4 people in household	12
5 people in household	7
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0