Housing Market Analysis for NERO CLOSE, GL15 5NW

Are you looking to understand GL15 5NW 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 5NW area, explore the GL15 5NW Area information page.
For comprehensive crime statistics in the GL15 5NW area, explore the GL15 5NW Crime Rates page.

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £97,716 median price is £62,950 Standard Deviation is £62,043 with Total Sold: 9
    • The Last 5 Year average price is £245,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 NERO CLOSE: £245,000 (Sold on 25 May 2023)
    • The first recorded sale happened at this postcode is 1A NERO CLOSE: £47,995 (Sold on 23 May 1997)
  • Detached
    • The average price is around £137,194 median price is £96,000 Standard Deviation is £77,522 with Total Sold: 9
    • The Last 5 Year average price is £325,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 NERO CLOSE: £325,000 (Sold on 08 Nov 2019)
    • The first recorded sale happened at this postcode is 2 NERO CLOSE: £87,500 (Sold on 30 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average GL15 5NW 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£245,000 £3,712 1
2014£151,000 £1,936 1
2005£127,000 £1,628 1
2001£65,983 £951 3
2000£51,500 £660 1
1997£53,495 £755 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£325,000 £3,037 1
2007£181,000 £1,645 1
2003£182,000 £1,568 1
2002£130,000 £1,182 1
2001£96,0001
2000£83,750 £974 1
1999£77,500 £705 1
1997£79,748 £704 2

All the Sales in the NERO CLOSE, GL15 5NW

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

AddressSold DatePrice% Change
1 NERO CLOSESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1996-200225 May 2023£245,000226.67%
20 Jun 2001£75,00025.00%
16 Feb 2001£60,0001.70%
25 Jul 1997£58,995First Sale
7 NERO CLOSEDetached, FreeholdArea: 107 Sq.mtrAge: 1991-199508 Nov 2019£325,000First Sale
1A NERO CLOSESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1991-199527 Aug 2014£151,00018.90%
12 Jul 2005£127,000101.75%
10 Aug 2001£62,95022.23%
28 Apr 2000£51,5007.30%
23 May 1997£47,995First Sale
5 NERO CLOSEDetached, FreeholdArea: 110 Sq.mtrAge: 1996-200228 Feb 2007£181,00039.23%
20 Nov 2002£130,00067.74%
15 Dec 1999£77,5007.65%
27 Jun 1997£71,995First Sale
2 NERO CLOSEDetached, FreeholdArea: 116.06 Sq.mtrAge: 1996-200216 Dec 2003£182,000108.00%
30 May 1997£87,500First Sale
4 NERO CLOSEDetached, Freehold04 Jun 2001£96,000First Sale
3 NERO CLOSEDetached, FreeholdArea: 86 Sq.mtrAge: 1976-198218 Mar 2000£83,750First Sale

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

NERO CLOSE, GL15 5NW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the GL15 5NW 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 5NW postcode.

  • Semi-Detached
    • The average price is around £139,558 median price is £130,000 Standard Deviation is £75,756 with Total Sold: 528
    • The Last 5 Year average price is £212,825 with Total Sold: 154
    • The most recent sale happened at this postcode is , 18 EDWIN JONES WAY: £292,500 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 32 MEADOWBANK: £35,000 (Sold on 27 Feb 1995)
  • Terraced
    • The average price is around £104,805 median price is £106,000 Standard Deviation is £56,604 with Total Sold: 406
    • The Last 5 Year average price is £178,168 with Total Sold: 63
    • The most recent sale happened at this postcode is , 79 WOODLAND RISE: £195,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 16 OCTAVIA PLACE: £46,950 (Sold on 30 Mar 1995)
  • Detached
    • The average price is around £196,418 median price is £188,000 Standard Deviation is £102,306 with Total Sold: 1,081
    • The Last 5 Year average price is £304,386 with Total Sold: 303
    • The most recent sale happened at this postcode is , 13 BRACKEN CLOSE: £407,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 17 BEAUCHAMP MEADOW: £69,995 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £732,603 median price is £370,500 Standard Deviation is £978,032 with Total Sold: 22
    • The Last 5 Year average price is £433,276 with Total Sold: 14
    • The most recent sale happened at this postcode is , DRIFFIELD BARN DRIFFIELD ROAD: £200,000 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is , 6 ARCHERS HALL PLACE: £1,000,001 (Sold on 08 Dec 2016)
  • Flat
    • The average price is around £85,044 median price is £87,500 Standard Deviation is £29,767 with Total Sold: 18
    • The Last 5 Year average price is £132,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 10, HAWTHORN COURT KIMBERLEY DRIVE: £132,500 (Sold on 15 Feb 2024)
    • The first recorded sale happened at this postcode is 10, HAWTHORN COURT KIMBERLEY DRIVE: £33,500 (Sold on 27 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£253,214 £3,352 7
2023£248,528 £3,474 18
2022£238,332 £2,931 23
2021£191,883 £2,474 35
2020£179,549 £2,167 34
2019£222,349 £2,840 37
2018£212,399 £2,518 26
2017£154,763 £2,159 15
2016£164,192 £1,976 18
2015£152,250 £2,064 10
2014£158,402 £2,023 16
2013£129,625 £1,635 4
2012£171,929 £1,789 7
2011£134,750 £1,819 2
2010£141,667 £1,673 6
2009£150,550 £1,812 10
2008£222,0001
2007£161,300 £1,812 10
2006£146,898 £2,083 22
2005£143,042 £1,980 12
2004£124,600 £1,890 13
2003£116,667 £1,434 21
2002£80,752 £1,277 27
2001£70,724 £943 23
2000£56,982 £775 25
1999£53,368 £711 36
1998£53,644 £656 20
1997£51,047 £699 23
1996£63,390 £760 11
1995£47,375 £711 16
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£164,250 £3,632 6
2023£166,124 £2,570 8
2022£190,912 £2,907 12
2021£184,683 £2,689 15
2020£201,552 £2,539 2
2019£172,290 £2,556 20
2018£165,234 £2,576 23
2017£136,864 £2,352 11
2016£130,000 £2,081 12
2015£145,287 £1,735 27
2014£121,875 £2,013 8
2013£111,583 £1,977 6
2012£117,625 £1,850 6
2011£106,421 £1,757 7
2010£110,750 £1,842 6
2009£108,136 £1,813 11
2008£124,450 £2,075 10
2007£133,000 £2,123 5
2006£121,385 £2,235 13
2005£114,904 £2,108 13
2004£115,309 £1,701 16
2003£96,714 £1,623 17
2002£66,246 £1,239 16
2001£57,102 £982 26
2000£46,350 £842 17
1999£42,693 £740 14
1998£39,566 £675 27
1997£41,014 £691 17
1996£41,855 £735 22
1995£38,588 £721 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,577 £3,002 13
2023£344,556 £3,242 18
2022£321,531 £2,928 32
2021£304,091 £2,922 59
2020£299,336 £2,848 92
2019£288,767 £2,712 89
2018£294,792 £2,503 49
2017£245,410 £2,333 28
2016£241,552 £2,194 29
2015£213,334 £2,129 36
2014£189,368 £1,919 27
2013£186,600 £1,914 20
2012£199,028 £1,871 18
2011£258,000 £2,034 4
2010£212,000 £2,036 14
2009£208,735 £1,802 17
2008£192,308 £1,921 13
2007£227,376 £2,130 25
2006£224,065 £2,021 30
2005£184,222 £1,876 18
2004£195,747 £2,001 18
2003£160,811 £1,582 33
2002£139,394 £1,294 47
2001£111,112 £1,057 41
2000£96,392 £974 40
1999£82,077 £795 39
1998£89,711 £833 63
1997£84,196 £758 83
1996£75,292 £742 41
1995£70,614 £656 45
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£435,0002
2023£373,500 £2,913 2
2022£947,283 £9,569 2
2021£553,250 £5,483 2
2020£399,001 £5,182 1
2019£209,760 £3,824 5
2018£644,130 £8,447 3
2017£1,779,750 £13,768 4
2016£1,000,001 £8,403 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£132,500 £2,454 1
2017£132,000 £2,276 1
2016£86,000 £1,883 1
2015£107,000 £1,845 1
2014£92,500 £1,643 2
2011£80,000 £1,951 1
2007£98,750 £2,113 2
2006£98,5001
2005£87,333 £1,919 3
2004£82,000 £1,901 2
2002£23,8001
1996£29,000 £707 1
1995£33,500 £620 1

House Type in GL15 5NW area

The most common house types in the GL15 5NW postcode area are Detached (104), Terraced (19), and Semi-detached (4).

Total129
Detached104
Terraced19
Semi-detached4
Flat2
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (68), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright68
Owned: Owns with a mortgage or loan44
Private rented: Private landlord or letting agency13
Social rented: Other social rented2
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the GL15 5NW have 2 people in household (44), and 1 person in household (34).

2 people in household44
1 person in household34
3 people in household19
4 people in household16
5 people in household11
6 people in household4
8 or more people in household1
0 people in household0
7 people in household0