Housing Market Analysis for SMITHS HILL, GL16 7LX

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £249,995 median price is £249,995 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is CHERRY TREES SMITHS HILL: £249,995 (Sold on 06 Aug 2004)
    • The first recorded sale happened at this postcode is CHERRY TREES SMITHS HILL: £249,995 (Sold on 06 Aug 2004)
  • Detached
    • The average price is around £75,000 median price is £75,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is QUARRY HOUSE SMITHS HILL: £75,000 (Sold on 18 Jul 1997)
    • The first recorded sale happened at this postcode is QUARRY HOUSE SMITHS HILL: £75,000 (Sold on 18 Jul 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average GL16 7LX 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£249,9951
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£75,0001

All the Sales in the SMITHS HILL, GL16 7LX

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

AddressSold DatePrice% Change
CHERRY TREES SMITHS HILLTerraced, Freehold06 Aug 2004£249,995First Sale
QUARRY HOUSE SMITHS HILLDetached, Freehold18 Jul 1997£75,000First Sale

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

SMITHS HILL, GL16 7LX Near By properties

Interactive Map

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

  • Detached
    • The average price is around £248,910 median price is £250,000 Standard Deviation is £142,663 with Total Sold: 45
    • The Last 5 Year average price is £403,495 with Total Sold: 10
    • The most recent sale happened at this postcode is , BYWAYS : £329,950 (Sold on 20 Sep 2023)
    • The first recorded sale happened at this postcode is , THE OLD STORES : £25,000 (Sold on 13 Feb 1996)
  • Semi-Detached
    • The average price is around £194,000 median price is £192,000 Standard Deviation is £132,407 with Total Sold: 5
    • The Last 5 Year average price is £400,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , ELLWOOD HOUSE : £400,000 (Sold on 10 Dec 2021)
    • The first recorded sale happened at this postcode is , TWO WAYS : £65,000 (Sold on 22 Dec 1995)
  • Other
    • The average price is around £80,100 median price is £80,100 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE OLD CHAPEL : £80,100 (Sold on 13 Apr 2018)
    • The first recorded sale happened at this postcode is , THE OLD CHAPEL : £80,100 (Sold on 13 Apr 2018)
  • Terraced
    • The average price is around £249,995 median price is £249,995 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , CHERRY TREES SMITHS HILL: £249,995 (Sold on 06 Aug 2004)
    • The first recorded sale happened at this postcode is , CHERRY TREES SMITHS HILL: £249,995 (Sold on 06 Aug 2004)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£313,975 £3,778 2
2022£378,000 £3,500 1
2021£492,500 £2,881 2
2020£458,000 £3,448 3
2019£335,000 £2,897 2
2018£404,000 £3,187 3
2017£278,500 £2,281 2
2016£313,125 £2,641 4
2015£257,500 £1,379 2
2012£308,000 £2,384 2
2010£210,000 £2,260 1
2009£166,250 £1,124 2
2008£220,000 £2,895 1
2007£250,000 £984 1
2006£198,000 £1,358 1
2005£318,000 £2,149 1
2004£189,995 £2,044 1
2003£170,0001
2002£150,0001
2001£140,750 £1,006 2
2000£100,000 £686 1
1999£76,333 £450 3
1998£93,000 £665 1
1997£61,500 £941 2
1996£49,500 £399 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£400,000 £2,837 1
2005£231,0002
1996£43,000 £683 1
1995£65,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£80,100 £395 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£249,9951

House Type in GL16 7LX area

The most common house types in the GL16 7LX postcode area are Detached (78), Semi-detached (19), and Terraced (2).

Total99
Detached78
Semi-detached19
Terraced2
Flat0
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 (56), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright56
Owned: Owns with a mortgage or loan35
Private rented: Other private rented5
Private rented: Private landlord or letting agency4
Does not apply0
Shared ownership: Shared ownership0
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 7LX have 2 people in household (43), and 1 person in household (22).

2 people in household43
1 person in household22
3 people in household20
4 people in household15
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0