Housing Market Analysis for LOWER PALMERS FLAT, GL16 7LT

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £256,500 median price is £262,500 Standard Deviation is £118,282 with Total Sold: 5
    • The Last 5 Year average price is £450,000 with Total Sold: 1
    • The most recent sale happened at this postcode is MON ABRI LOWER PALMERS FLAT: £450,000 (Sold on 28 Jun 2021)
    • The first recorded sale happened at this postcode is 2 LOWER PALMERS FLAT: £112,000 (Sold on 18 Jul 1997)
  • Semi-Detached
    • The average price is around £178,600 median price is £208,000 Standard Deviation is £71,553 with Total Sold: 5
    • The most recent sale happened at this postcode is 5 LOWER PALMERS FLAT: £208,000 (Sold on 25 Apr 2013)
    • The first recorded sale happened at this postcode is 4 LOWER PALMERS FLAT: £40,000 (Sold on 11 Nov 1996)
  • Flat
    • The average price is around £40,000 median price is £40,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3A LOWER PALMERS FLAT: £40,000 (Sold on 22 Dec 2005)
    • The first recorded sale happened at this postcode is 3A LOWER PALMERS FLAT: £40,000 (Sold on 22 Dec 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average GL16 7LT 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
2021£450,000 £3,600 1
2015£300,000 £2,400 1
2011£262,500 £2,100 1
2001£158,0001
1997£112,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£208,000 £2,122 1
2010£220,000 £2,222 1
2006£240,000 £2,424 1
2005£185,000 £1,888 1
1996£40,000 £404 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£40,0001

All the Sales in the LOWER PALMERS FLAT, GL16 7LT

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

AddressSold DatePrice% Change
MON ABRI LOWER PALMERS FLATDetached, FreeholdArea: 125 Sq.mtrAge: 1976-198228 Jun 2021£450,00050.00%
13 Nov 2015£300,00014.29%
26 May 2011£262,500First Sale
5 LOWER PALMERS FLATSemi-Detached, FreeholdArea: 98 Sq.mtrAge: before 190025 Apr 2013£208,00012.43%
26 May 2005£185,000First Sale
4 LOWER PALMERS FLATSemi-Detached, FreeholdArea: 99 Sq.mtrAge: before 190012 Mar 2010£220,000-8.33%
16 Jan 2006£240,000500.00%
11 Nov 1996£40,000First Sale
3A LOWER PALMERS FLATFlat, Freehold22 Dec 2005£40,000First Sale
2 LOWER PALMERS FLATDetached, Freehold25 Jul 2001£158,00041.07%
18 Jul 1997£112,000First Sale

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

LOWER PALMERS FLAT, GL16 7LT Near By properties

Interactive Map

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

  • Detached
    • The average price is around £196,131 median price is £186,000 Standard Deviation is £112,667 with Total Sold: 243
    • The Last 5 Year average price is £359,866 with Total Sold: 34
    • The most recent sale happened at this postcode is , FOXGLOVE COTTAGE EDENWALL: £400,000 (Sold on 05 Jun 2024)
    • The first recorded sale happened at this postcode is , GLEBE HOUSE PARKEND WALK: £39,400 (Sold on 06 Jun 1996)
  • Terraced
    • The average price is around £101,877 median price is £115,000 Standard Deviation is £49,165 with Total Sold: 83
    • The Last 5 Year average price is £189,200 with Total Sold: 6
    • The most recent sale happened at this postcode is , 2 BRAMBLE ROAD: £189,950 (Sold on 01 Dec 2023)
    • The first recorded sale happened at this postcode is , 9 CLOVER CLOSE: £47,995 (Sold on 29 Nov 1995)
  • Semi-Detached
    • The average price is around £132,998 median price is £125,000 Standard Deviation is £68,364 with Total Sold: 127
    • The Last 5 Year average price is £228,448 with Total Sold: 12
    • The most recent sale happened at this postcode is , 7 PARKEND ROAD: £288,000 (Sold on 02 Nov 2023)
    • The first recorded sale happened at this postcode is , 3 CLOVER CLOSE: £53,995 (Sold on 30 Aug 1996)
  • Other
    • The average price is around £365,000 median price is £410,000 Standard Deviation is £208,087 with Total Sold: 5
    • The Last 5 Year average price is £470,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , FOXES MOON PALMERS FLAT: £620,000 (Sold on 25 May 2022)
    • The first recorded sale happened at this postcode is , OAKDENE : £410,000 (Sold on 06 Jan 2017)
  • Flat
    • The average price is around £88,750 median price is £104,000 Standard Deviation is £28,252 with Total Sold: 4
    • The Last 5 Year average price is £101,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 1, BRITANNIA HOUSE PARKEND ROAD: £101,000 (Sold on 11 Jun 2021)
    • The first recorded sale happened at this postcode is 2, BRITANNIA FLATS PARKEND ROAD: £107,000 (Sold on 17 Nov 2004)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£464,000 £3,482 5
2023£382,500 £2,799 2
2022£399,112 £3,518 4
2021£348,318 £3,116 11
2020£329,000 £2,813 5
2019£296,786 £2,364 7
2018£262,500 £2,503 4
2017£260,500 £2,891 5
2016£296,450 £2,221 10
2015£253,000 £2,050 7
2014£227,244 £1,857 8
2013£190,592 £1,656 6
2012£205,790 £2,342 5
2011£225,333 £1,917 9
2010£265,200 £2,009 5
2009£254,625 £2,640 4
2008£225,500 £2,182 6
2007£246,750 £2,670 8
2006£224,150 £2,095 13
2005£217,844 £1,814 9
2004£206,082 £1,992 6
2003£166,131 £1,559 14
2002£145,214 £1,285 7
2001£114,035 £1,119 13
2000£96,693 £972 7
1999£89,534 £783 17
1998£79,791 £771 17
1997£77,598 £715 24
1996£58,578 £478 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£189,950 £3,518 1
2021£170,000 £2,842 2
2020£193,875 £2,800 2
2019£217,500 £2,014 1
2017£157,983 £2,325 3
2016£134,500 £2,319 1
2014£140,750 £2,084 4
2013£135,500 £1,557 1
2012£129,650 £1,871 2
2011£105,500 £1,892 2
2010£120,000 £1,980 1
2009£158,0001
2008£130,250 £2,251 2
2007£138,900 £2,206 5
2006£129,700 £2,182 5
2005£128,571 £1,845 7
2004£135,499 £1,848 6
2002£79,3502
2001£68,420 £1,120 5
2000£60,000 £1,109 1
1999£50,336 £820 4
1998£52,597 £779 10
1997£43,933 £702 11
1996£43,163 £760 3
1995£47,9951
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£288,000 £2,504 1
2022£195,000 £3,095 1
2021£242,062 £2,880 6
2020£212,500 £2,799 2
2019£190,500 £2,813 2
2018£187,500 £2,120 2
2017£174,900 £2,664 5
2016£210,000 £1,896 2
2015£123,000 £2,562 1
2014£211,000 £1,976 3
2013£158,429 £1,816 7
2012£133,779 £1,728 7
2011£148,500 £1,613 8
2010£164,667 £2,189 3
2009£155,000 £2,435 2
2008£134,725 £2,108 2
2007£215,125 £1,722 4
2006£177,650 £2,376 3
2005£172,743 £1,827 8
2004£160,0002
2003£129,243 £1,365 8
2002£102,055 £1,229 9
2001£82,000 £886 4
2000£54,525 £773 4
1999£74,643 £855 7
1998£59,232 £749 11
1997£51,370 £736 8
1996£47,597 £601 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£620,000 £3,116 1
2021£395,000 £3,221 2
2017£207,500 £52 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£101,000 £935 1
2005£73,500 £991 2
2004£107,000 £1,621 1

House Type in GL16 7LT area

The most common house types in the GL16 7LT postcode area are Detached (61), temporary structure (30), and Semi-detached (23).

Total115
Detached61
temporary structure30
Semi-detached23
Terraced1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (79), and Owned: Owns with a mortgage or loan (26).

Owned: Owns outright79
Owned: Owns with a mortgage or loan26
Private rented: Private landlord or letting agency7
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the GL16 7LT have 2 people in household (61), and 1 person in household (29).

2 people in household61
1 person in household29
3 people in household11
4 people in household9
6 people in household3
5 people in household2
0 people in household0
7 people in household0
8 or more people in household0