Housing Market Analysis for CHESTNUT CLOSE, GL16 7NG

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

Overview of Sold House prices

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

Terraced
- The average price is around £109,926 median price is £116,000 Standard Deviation is £52,235 with Total Sold: 17
- The Last 5 Year average price is £162,000 with Total Sold: 2
- The most recent sale happened at this postcode is 5 CHESTNUT CLOSE: £160,000 (Sold on 06 Dec 2019)
- The first recorded sale happened at this postcode is 6 CHESTNUT CLOSE: £42,500 (Sold on 26 Jan 1996)
Detached
- The average price is around £149,300 median price is £130,500 Standard Deviation is £72,044 with Total Sold: 10
- The Last 5 Year average price is £250,000 with Total Sold: 1
- The most recent sale happened at this postcode is 9 CHESTNUT CLOSE: £250,000 (Sold on 07 Jun 2019)
- The first recorded sale happened at this postcode is 1 CHESTNUT CLOSE: £71,000 (Sold on 01 Mar 1996)
Semi-Detached
- The average price is around £127,700 median price is £129,500 Standard Deviation is £35,068 with Total Sold: 5
- The most recent sale happened at this postcode is 7 CHESTNUT CLOSE: £145,000 (Sold on 03 Sep 2018)
- The first recorded sale happened at this postcode is 8 CHESTNUT CLOSE: £68,000 (Sold on 26 Sep 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average GL16 7NG 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£162,000	£2,945	2
2017	£223,000	£2,489	1
2016	£132,000	£2,400	1
2015	£105,000	£1,667	1
2010	£116,000	£2,109	1
2007	£137,000	£2,491	1
2006	£124,000	£2,255	1
2005	£150,500	£2,115	2
2003	£106,995	£1,698	1
2001	£59,000	£1,073	1
1999	£57,250	£767	2
1998	£44,750	£814	1
1997	£39,000	£709	1
1996	£42,500		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£250,000	£2,775	1
2017	£229,750	£2,729	2
2014	£220,000	£2,266	1
2003	£141,000	£1,565	1
2002	£120,000		1
2001	£101,000	£1,273	1
1998	£65,000	£819	1
1997	£65,500		1
1996	£71,000	£731	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£145,000	£2,650	1
2014	£121,000	£2,211	1
2009	£175,000	£2,206	1
2006	£129,500	£2,367	1
2000	£68,000		1

All the Sales in the CHESTNUT CLOSE, GL16 7NG

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

Address	Sold Date	Price	% Change
5 CHESTNUT CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1991-1995	06 Dec 2019	£160,000	37.93%
	22 Dec 2010	£116,000	-6.45%
	30 Jun 2006	£124,000	217.95%
	31 Jul 1997	£39,000	First Sale
4 CHESTNUT CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1991-1995	06 Dec 2019	£164,000	24.24%
	07 Oct 2016	£132,000	-3.65%
	01 Jun 2007	£137,000	10.48%
	02 Dec 2005	£124,000	110.17%
	09 Mar 2001	£59,000	31.84%
	17 Jul 1998	£44,750	First Sale
9 CHESTNUT CLOSEDetached, FreeholdArea: 90.1 Sq.mtrAge: 1991-1995	07 Jun 2019	£250,000	77.30%
	07 Nov 2003	£141,000	First Sale
7 CHESTNUT CLOSESemi-Detached, FreeholdArea: 54.72 Sq.mtrAge: 1983-1990	03 Sep 2018	£145,000	19.83%
	06 Jun 2014	£121,000	-6.56%
	20 Jul 2006	£129,500	First Sale
1 CHESTNUT CLOSEDetached, FreeholdArea: 97.1 Sq.mtrAge: 1991-1995	16 Jun 2017	£242,000	10.00%
	05 Nov 2014	£220,000	209.86%
	01 Mar 1996	£71,000	First Sale
2 CHESTNUT CLOSEDetached, FreeholdArea: 73.35 Sq.mtrAge: 1983-1990	12 Jun 2017	£217,500	First Sale
10 CHESTNUT CLOSETerraced, FreeholdArea: 89.6 Sq.mtrAge: 1996-2002	05 May 2017	£223,000	25.99%
	28 Oct 2005	£177,000	195.00%
	22 Jan 1999	£59,999	First Sale
3 CHESTNUT CLOSETerraced, FreeholdArea: 63 Sq.mtrAge: 1996-2002	30 Jan 2015	£105,000	-1.86%
	31 Oct 2003	£106,995	96.32%
	17 Dec 1999	£54,500	First Sale
11 CHESTNUT CLOSESemi-Detached, FreeholdArea: 79.32 Sq.mtrAge: 1991-1995	29 May 2009	£175,000	73.27%
	06 Jul 2001	£101,000	55.38%
	30 Jul 1998	£65,000	First Sale
14 CHESTNUT CLOSEDetached, Freehold	02 Jul 2002	£120,000	83.21%
14 CHESTNUT CLOSEDetached, Freehold	14 Apr 1997	£65,500	First Sale
8 CHESTNUT CLOSESemi-Detached, Freehold	26 Sep 2000	£68,000	First Sale
6 CHESTNUT CLOSETerraced, Freehold	26 Jan 1996	£42,500	First Sale

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

CHESTNUT CLOSE, GL16 7NG Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £130,364 median price is £130,000 Standard Deviation is £67,509 with Total Sold: 247
- The Last 5 Year average price is £231,953 with Total Sold: 34
- The most recent sale happened at this postcode is , 12 SPEEDWELL: £166,000 (Sold on 17 Apr 2024)
- The first recorded sale happened at this postcode is , 10 SPEEDWELL: £54,500 (Sold on 20 Jan 1995)
Detached
- The average price is around £195,452 median price is £188,000 Standard Deviation is £106,435 with Total Sold: 179
- The Last 5 Year average price is £318,319 with Total Sold: 31
- The most recent sale happened at this postcode is , 9 WOODVILLE AVENUE: £385,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is , 51 NORTH ROAD: £45,000 (Sold on 25 Aug 1995)
Other
- The average price is around £125,714 median price is £75,000 Standard Deviation is £111,461 with Total Sold: 7
- The Last 5 Year average price is £162,500 with Total Sold: 5
- The most recent sale happened at this postcode is , 8 PERCH DRIVE: £337,500 (Sold on 02 Feb 2023)
- The first recorded sale happened at this postcode is , 37A WOODGATE ROAD: £65,500 (Sold on 17 Dec 2014)
Terraced
- The average price is around £111,797 median price is £120,000 Standard Deviation is £56,208 with Total Sold: 89
- The Last 5 Year average price is £205,375 with Total Sold: 8
- The most recent sale happened at this postcode is , 5 SPEEDWELL: £180,000 (Sold on 30 May 2022)
- The first recorded sale happened at this postcode is , 18 SPEEDWELL: £45,500 (Sold on 17 Feb 1995)
Flat
- The average price is around £76,400 median price is £64,000 Standard Deviation is £52,064 with Total Sold: 5
- The most recent sale happened at this postcode is , 7 PERCH CLOSE: £120,000 (Sold on 22 Dec 2005)
- The first recorded sale happened at this postcode is , 7 PERCH CLOSE: £4,000 (Sold on 27 Jun 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£166,000	£3,018	1
2023	£246,083	£2,972	6
2022	£258,564	£2,820	7
2021	£229,000	£2,762	7
2020	£257,990	£2,237	5
2019	£192,625	£2,416	8
2018	£192,806	£2,284	8
2017	£159,108	£1,944	6
2016	£170,421	£2,196	7
2015	£147,500	£1,725	6
2014	£135,000	£1,864	15
2013	£144,583	£1,711	6
2012	£136,400	£1,878	10
2011	£133,738	£1,748	4
2010	£163,900	£1,716	5
2009	£147,800	£1,939	5
2008	£171,917	£1,423	6
2007	£168,328	£1,780	9
2006	£152,852	£1,840	17
2005	£141,612	£2,063	4
2004	£158,744	£1,816	8
2003	£127,077	£1,321	13
2002	£83,953	£1,156	12
2001	£69,750	£825	8
2000	£61,375	£558	4
1999	£57,487	£568	15
1998	£49,083	£519	6
1997	£46,692	£494	13
1996	£47,643	£725	7
1995	£44,577	£609	19

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£351,667	£3,002	6
2022	£357,890	£3,655	5
2021	£319,750	£3,227	8
2020	£294,000	£2,980	6
2019	£274,408	£2,462	6
2017	£258,550	£2,476	10
2016	£231,624	£2,017	8
2015	£235,000	£1,927	6
2014	£267,125	£2,218	8
2013	£168,333	£2,087	3
2012	£279,250	£1,835	4
2011	£209,440	£1,957	5
2010	£222,900	£1,716	5
2009	£213,833	£1,661	6
2008	£244,083	£1,807	6
2007	£215,232	£2,190	10
2006	£189,445	£2,007	10
2005	£168,000	£1,274	1
2004	£184,648		3
2003	£164,750	£1,565	4
2002	£126,157	£1,196	14
2001	£99,167	£1,072	3
2000	£98,090	£829	5
1999	£86,214	£984	7
1998	£73,473	£760	13
1997	£66,222	£680	9
1996	£61,953	£519	5
1995	£51,667	£960	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£337,500		1
2021	£250,000	£2,907	1
2020	£72,000	£837	1
2019	£76,500	£815	2
2018	£2,000	£24	1
2014	£65,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£180,000	£2,609	1
2021	£236,250	£2,362	4
2020	£194,000	£2,490	1
2019	£162,000	£2,945	2
2018	£148,500	£2,317	2
2017	£143,820	£1,885	5
2016	£132,000	£2,400	1
2015	£115,667	£1,519	3
2014	£156,250	£2,351	2
2013	£132,000	£1,657	2
2012	£137,138	£1,742	9
2011	£124,000	£1,545	2
2010	£118,000	£1,877	2
2009	£204,975	£2,200	2
2008	£116,500	£1,912	2
2007	£128,500	£1,796	2
2006	£123,700	£2,016	5
2005	£154,800	£1,992	5
2004	£107,750	£1,477	2
2003	£101,998	£1,698	2
2002	£82,333	£1,348	3
2001	£55,512	£1,090	4
2000	£69,317	£889	3
1999	£54,833	£661	6
1998	£52,188	£738	4
1997	£39,475	£560	2
1996	£42,500		1
1995	£46,898	£771	10

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£134,500	£1,342	2
2001	£64,000		1
1998	£45,000		1
1996	£4,000		1

House Type in GL16 7NG area

The most common house types in the GL16 7NG postcode area are Detached (85), Semi-detached (47), and Terraced (16).

Total	151
Detached	85
Semi-detached	47
Terraced	16
Flat	3
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (75), and Owned: Owns with a mortgage or loan (56).

Owned: Owns outright	75
Owned: Owns with a mortgage or loan	56
Private rented: Private landlord or letting agency	11
Social rented: Other social rented	8
Private rented: Other private rented	1
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 GL16 7NG have 2 people in household (67), and 1 person in household (34).

2 people in household	67
1 person in household	34
3 people in household	27
4 people in household	17
5 people in household	2
6 people in household	2
7 people in household	1
8 or more people in household	1
0 people in household	0