Housing Market Analysis for NINE WELLS CLOSE, GL16 7BZ

Are you looking to understand GL16 7BZ 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 GL16 7BZ area, explore the GL16 7BZ Area information page.
For comprehensive crime statistics in the GL16 7BZ area, explore the GL16 7BZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the GL16 7BZ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £191,425 median price is £177,475 Standard Deviation is £67,581 with Total Sold: 8
    • The most recent sale happened at this postcode is 4 NINE WELLS CLOSE: £325,000 (Sold on 08 Feb 2018)
    • The first recorded sale happened at this postcode is 6 NINE WELLS CLOSE: £117,500 (Sold on 20 Sep 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average GL16 7BZ 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£325,000 £2,083 1
2014£228,000 £1,510 1
2013£250,0001
2002£177,4752
1999£129,9501
1998£121,750 £834 2

All the Sales in the NINE WELLS CLOSE, GL16 7BZ

See the table below for more details on the sold house prices in the GL16 7BZ, Forest of Dean postcode.

AddressSold DatePrice% Change
4 NINE WELLS CLOSEDetached, FreeholdArea: 156 Sq.mtrAge: 1976-198208 Feb 2018£325,000First Sale
2 NINE WELLS CLOSEDetached, FreeholdArea: 151 Sq.mtrAge: 1983-199004 Jul 2014£228,00080.95%
14 Dec 1998£126,000First Sale
THE BUNGALOW NINE WELLS CLOSEDetached, Freehold03 Dec 2013£250,000First Sale
6 NINE WELLS CLOSEDetached, Freehold18 Oct 2002£180,00053.19%
20 Sep 1998£117,500First Sale
5 NINE WELLS CLOSEDetached, Freehold12 Aug 2002£174,95034.63%
07 Oct 1999£129,950First Sale

Check out the sold house prices near the GL16 7BZ postcode. Properties currently for saleProperties currently for rent

NINE WELLS CLOSE, GL16 7BZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the GL16 7BZ 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 GL16 7BZ postcode.

  • Semi-Detached
    • The average price is around £128,493 median price is £131,250 Standard Deviation is £65,880 with Total Sold: 209
    • The Last 5 Year average price is £221,054 with Total Sold: 27
    • The most recent sale happened at this postcode is , 1 DUKES CLOSE: £295,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 20 PARK ROAD: £44,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £110,692 median price is £107,995 Standard Deviation is £61,359 with Total Sold: 25
    • The Last 5 Year average price is £197,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , 33B COVERHAM ROAD: £182,000 (Sold on 07 Mar 2024)
    • The first recorded sale happened at this postcode is , 33A COVERHAM ROAD: £33,000 (Sold on 09 Jun 1995)
  • Detached
    • The average price is around £205,257 median price is £197,000 Standard Deviation is £105,156 with Total Sold: 325
    • The Last 5 Year average price is £306,082 with Total Sold: 61
    • The most recent sale happened at this postcode is , 10 PARK ROAD: £255,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , HEDGEROW HOUSE : £91,000 (Sold on 23 Jan 1995)
  • Flat
    • The average price is around £61,906 median price is £57,000 Standard Deviation is £34,984 with Total Sold: 33
    • The Last 5 Year average price is £103,367 with Total Sold: 6
    • The most recent sale happened at this postcode is , 1 CONWAY COURT: £150,000 (Sold on 09 Feb 2024)
    • The first recorded sale happened at this postcode is , 3 CONWAY COURT: £19,500 (Sold on 16 Aug 1996)
  • Other
    • The average price is around £285,708 median price is £277,500 Standard Deviation is £257,397 with Total Sold: 12
    • The Last 5 Year average price is £269,286 with Total Sold: 7
    • The most recent sale happened at this postcode is , 30 TUDOR WALK: £365,000 (Sold on 29 Jul 2021)
    • The first recorded sale happened at this postcode is , 1 CLAY ROAD: £290,000 (Sold on 22 Apr 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£236,667 £3,026 3
2023£282,333 £3,311 3
2022£237,500 £4,398 1
2021£228,790 £2,856 5
2020£209,000 £2,108 6
2019£197,333 £2,537 9
2018£219,765 £2,306 13
2017£167,512 £2,155 13
2016£148,958 £1,554 6
2015£156,667 £1,547 6
2014£138,062 £1,792 8
2013£144,833 £1,742 9
2012£132,500 £1,754 4
2011£131,000 £1,653 6
2010£139,944 £1,747 9
2009£112,500 £1,678 2
2008£162,000 £1,833 2
2007£139,500 £1,347 5
2006£160,357 £1,721 7
2005£139,250 £1,708 2
2004£123,994 £1,449 10
2003£128,436 £1,811 8
2002£87,322 £1,083 9
2001£68,638 £735 8
2000£63,312 £723 8
1999£56,786 £679 7
1998£52,265 £647 13
1997£44,994 £539 8
1996£43,389 £402 9
1995£45,087 £628 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£182,0001
2022£260,000 £2,835 1
2021£154,000 £3,143 1
2020£195,000 £2,267 1
2018£165,000 £2,760 2
2017£115,000 £2,347 1
2016£160,000 £1,860 1
2013£100,000 £2,222 1
2010£153,000 £1,668 1
2007£136,500 £1,816 2
2006£90,750 £1,055 1
2004£119,648 £1,759 3
2001£65,000 £1,327 1
2000£41,500 £834 2
1999£42,000 £857 1
1998£45,600 £530 1
1997£38,000 £792 1
1996£44,500 £488 2
1995£33,000 £688 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£410,000 £4,947 2
2023£353,000 £3,070 5
2022£305,356 £3,292 10
2021£304,824 £3,245 17
2020£319,350 £2,993 10
2019£273,938 £2,611 17
2018£312,107 £2,310 14
2017£254,828 £2,316 18
2016£267,140 £2,296 10
2015£208,600 £1,880 10
2014£238,500 £1,906 8
2013£212,223 £1,849 11
2012£207,267 £1,776 6
2011£209,542 £2,338 12
2010£239,0002
2009£320,583 £1,705 6
2008£190,391 £1,714 8
2007£236,409 £2,196 11
2006£254,541 £2,622 11
2005£207,786 £2,008 14
2004£181,000 £1,783 14
2003£170,100 £1,199 5
2002£157,260 £1,465 15
2001£145,875 £1,243 8
2000£120,477 £796 13
1999£87,130 £897 15
1998£96,476 £862 23
1997£69,317 £678 15
1996£58,500 £668 8
1995£82,700 £708 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,000 £2,459 1
2023£155,250 £2,929 1
2022£95,000 £1,508 1
2020£75,975 £2,301 2
2019£68,000 £2,000 1
2018£105,000 £1,981 1
2015£59,500 £2,219 2
2012£57,000 £1,676 1
2009£79,500 £2,338 1
2007£92,500 £2,891 1
2006£85,667 £2,566 3
2005£76,000 £2,815 1
2004£72,500 £2,132 1
2003£68,498 £1,469 2
2002£52,498 £939 2
2000£31,500 £781 2
1999£31,150 £655 3
1998£28,333 £544 3
1997£20,000 £667 1
1996£20,250 £519 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£632,500 £2,963 2
2020£217,500 £1,613 2
2019£61,667 £636 3
2018£265,000 £2,477 1
2017£219,250 £3,346 2
2016£420,000 £2,990 2

House Type in GL16 7BZ area

The most common house types in the GL16 7BZ postcode area are Detached (105), Semi-detached (15), and Terraced (4).

Total125
Detached105
Semi-detached15
Terraced4
commercial building1
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (78), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright78
Owned: Owns with a mortgage or loan39
Social rented: Other social rented3
Private rented: Private landlord or letting agency3
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the GL16 7BZ have 2 people in household (63), and 1 person in household (23).

2 people in household63
1 person in household23
4 people in household17
3 people in household13
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0