Housing Market Analysis for GL16 7NZ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £289,275 median price is £266,750 Standard Deviation is £140,583 with Total Sold: 20
    • The Last 5 Year average price is £375,500 with Total Sold: 5
    • The most recent sale happened at this postcode is RIVER VIEW: £712,500 (Sold on 21 Dec 2023)
    • The first recorded sale happened at this postcode is THE OLD COTTAGE: £92,000 (Sold on 23 May 1997)
  • Semi-Detached
    • The average price is around £232,833 median price is £247,500 Standard Deviation is £98,121 with Total Sold: 3
    • The most recent sale happened at this postcode is WOOD LEE: £345,000 (Sold on 25 Jan 2008)
    • The first recorded sale happened at this postcode is WOOD LEE: £106,000 (Sold on 14 Dec 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average GL16 7NZ 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
2023£558,750 £5,000 2
2022£265,000 £3,289 2
2021£230,000 £2,840 1
2018£185,000 £3,136 1
2017£185,000 £2,846 1
2016£185,000 £3,136 1
2014£350,000 £1,336 1
2012£432,500 £3,234 1
2007£412,500 £2,468 2
2006£242,500 £2,308 2
2004£325,0001
2003£214,250 £659 2
2001£250,000 £1,623 1
2000£165,0001
1997£92,000 £351 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£345,0001
2004£247,5001
1999£106,0001

All the Sales in the GL16 7NZ

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

AddressSold DatePrice% Change
RIVER VIEWDetached, Freehold21 Dec 2023£712,500185.00%
06 Apr 2001£250,000First Sale
REDDIN HORNDetached, FreeholdArea: 81 Sq.mtrAge: 1900-192913 Jun 2023£405,00076.09%
29 Apr 2021£230,000First Sale
WOODBINE COTTAGEDetached, FreeholdArea: 93 Sq.mtrAge: 1900-192914 Jun 2022£340,000First Sale
ABBEVILLEDetached, FreeholdArea: 65 Sq.mtrAge: 1967-197511 Mar 2022£190,0002.70%
21 Feb 2017£185,00023.33%
15 Nov 2006£150,000First Sale
HAPPY COWDetached, FreeholdArea: 59 Sq.mtrAge: 1996-200224 Aug 2018£185,0000.0
04 Oct 2016£185,000First Sale
THE OLD COTTAGEDetached, FreeholdArea: 262 Sq.mtrAge: before 190018 Mar 2014£350,000280.43%
23 May 1997£92,000First Sale
OLD SCHOOL HOUSEDetached, FreeholdArea: 133.74 Sq.mtrAge: before 190016 Jan 2012£432,5006.79%
29 Mar 2007£405,000First Sale
WOOD LEESemi-Detached, Freehold25 Jan 2008£345,00039.39%
15 Jul 2004£247,500133.49%
14 Dec 1999£106,000First Sale
WEST DEAN COTTAGEDetached, FreeholdArea: 220.11 Sq.mtrAge: before 190016 Feb 2007£420,000189.66%
27 Jun 2003£145,000First Sale
CHAPEL COTTAGEDetached, Freehold10 Oct 2006£335,00018.17%
11 Jul 2003£283,500First Sale
CLIFFE COTTAGEDetached, Freehold27 Oct 2004£325,00096.97%
13 Oct 2000£165,000First Sale

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

GL16 7NZ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £376,065 median price is £325,000 Standard Deviation is £393,844 with Total Sold: 23
    • The Last 5 Year average price is £620,214 with Total Sold: 7
    • The most recent sale happened at this postcode is , ROYAL TOWER COTTAGE : £350,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , THE OLD COTTAGE : £92,000 (Sold on 23 May 1997)
  • Other
    • The average price is around £450,000 median price is £450,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £450,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , ROSE COTTAGE : £450,000 (Sold on 22 Dec 2021)
    • The first recorded sale happened at this postcode is , ROSE COTTAGE : £450,000 (Sold on 22 Dec 2021)
  • Semi-Detached
    • The average price is around £232,833 median price is £247,500 Standard Deviation is £98,121 with Total Sold: 3
    • The most recent sale happened at this postcode is , WOOD LEE : £345,000 (Sold on 25 Jan 2008)
    • The first recorded sale happened at this postcode is , WOOD LEE : £106,000 (Sold on 14 Dec 1999)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,232,000 £6,445 2
2023£558,750 £5,000 2
2022£265,000 £3,289 2
2021£230,000 £2,840 1
2018£185,000 £3,136 1
2017£185,000 £2,846 1
2016£185,000 £3,136 1
2014£350,000 £1,336 1
2012£432,500 £3,234 1
2007£412,500 £2,468 2
2006£295,000 £2,290 3
2004£325,0001
2003£214,250 £659 2
2001£250,000 £1,623 1
2000£165,0001
1997£92,000 £351 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£450,000 £2,557 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£345,0001
2004£247,5001
1999£106,0001

House Type in GL16 7NZ area

The most common house types in the GL16 7NZ postcode area are Detached (121), Semi-detached (58), and Flat (2).

Total186
Detached121
Semi-detached58
Flat2
Shared house2
converted building2
Terraced1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (115), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright115
Owned: Owns with a mortgage or loan40
Social rented: Other social rented11
Private rented: Private landlord or letting agency9
Social rented: Rents from council or Local Authority5
Private rented: Other private rented4
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the GL16 7NZ have 2 people in household (82), and 1 person in household (65).

2 people in household82
1 person in household65
3 people in household21
4 people in household8
5 people in household7
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0