Housing Market Analysis for PROSPECT CLOSE, GL16 8DB

Are you looking to understand GL16 8DB 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 8DB area, explore the GL16 8DB Area information page.
For comprehensive crime statistics in the GL16 8DB area, explore the GL16 8DB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the GL16 8DB postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £119,644 median price is £120,000 Standard Deviation is £59,316 with Total Sold: 33
- The Last 5 Year average price is £204,500 with Total Sold: 6
- The most recent sale happened at this postcode is 26 PROSPECT CLOSE: £255,000 (Sold on 30 Sep 2022)
- The first recorded sale happened at this postcode is 14 PROSPECT CLOSE: £150,000 (Sold on 06 Dec 2023)
Detached
- The average price is around £156,688 median price is £166,000 Standard Deviation is £42,705 with Total Sold: 8
- The Last 5 Year average price is £215,000 with Total Sold: 1
- The most recent sale happened at this postcode is 9 PROSPECT CLOSE: £215,000 (Sold on 21 May 2019)
- The first recorded sale happened at this postcode is 17 PROSPECT CLOSE: £71,000 (Sold on 15 Aug 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average GL16 8DB 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£248,333	£3,038	3
2020	£166,000	£2,189	2
2018	£173,500	£2,283	1
2017	£170,000	£2,125	1
2016	£170,000	£1,828	1
2015	£140,000	£2,456	1
2014	£131,875	£1,670	2
2013	£98,000	£1,733	2
2012	£100,000	£1,748	1
2010	£150,000	£1,958	1
2009	£154,000	£2,032	1
2008	£100,000	£1,319	1
2007	£156,500	£2,746	1
2005	£120,000	£1,519	1
2003	£127,000	£1,675	1
2002	£93,000	£1,000	1
2000	£66,000	£710	1
1999	£57,099	£784	5
1998	£56,000		2
1997	£47,750	£671	2
1996	£48,500		1
2023	£150,000	£2,586	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£215,000	£2,560	1
2007	£187,750	£2,348	2
2004	£166,000	£1,987	2
2003	£122,500		1
2002	£137,500		1
1997	£71,000		1

All the Sales in the PROSPECT CLOSE, GL16 8DB

See the table below for more details on the sold house prices in the GL16 8DB, Forest of Dean postcode.

Address	Sold Date	Price	% Change
26 PROSPECT CLOSESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1950-1966	30 Sep 2022	£255,000	86.47%
	12 Sep 2014	£136,750	First Sale
28 PROSPECT CLOSESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1967-1975	26 Aug 2022	£250,000	47.06%
	05 Sep 2016	£170,000	82.80%
	28 Jun 2002	£93,000	40.91%
	21 Jul 2000	£66,000	First Sale
30 PROSPECT CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1976-1982	01 Aug 2022	£240,000	38.33%
	25 Jun 2018	£173,500	204.39%
	10 Sep 1999	£57,000	First Sale
1 PROSPECT CLOSESemi-Detached, FreeholdArea: 76.6 Sq.mtrAge: 1967-1975	27 Mar 2020	£178,000	18.67%
	14 May 2010	£150,000	25.00%
	22 Aug 2005	£120,000	116.22%
	03 Sep 1999	£55,500	4.72%
	21 Oct 1997	£53,000	First Sale
5 PROSPECT CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1976-1982	19 Mar 2020	£154,000	First Sale
9 PROSPECT CLOSEDetached, FreeholdArea: 84 Sq.mtrAge: 1976-1982	21 May 2019	£215,000	First Sale
23 PROSPECT CLOSESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1967-1975	18 Aug 2017	£170,000	33.86%
	14 Mar 2014	£127,000	111.68%
	28 May 1999	£59,995	5.25%
	30 Apr 1999	£57,000	First Sale
16 PROSPECT CLOSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1967-1975	23 Jul 2015	£140,000	32.08%
	30 Aug 2013	£106,000	-32.27%
	14 Nov 2007	£156,500	179.46%
	21 Jan 1999	£56,000	First Sale
13 PROSPECT CLOSESemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1976-1982	01 Jul 2013	£90,000	First Sale
15 PROSPECT CLOSESemi-Detached, FreeholdArea: 57.2 Sq.mtrAge: 1967-1975	05 Apr 2012	£100,000	First Sale
25 PROSPECT CLOSESemi-Detached, FreeholdArea: 75.8 Sq.mtrAge: 1967-1975	10 Dec 2009	£154,000	54.00%
	30 Sep 2008	£100,000	-21.26%
	29 Aug 2003	£127,000	First Sale
10 PROSPECT CLOSEDetached, Freehold	01 Oct 2007	£183,000	49.39%
10 PROSPECT CLOSEDetached, Freehold	07 Feb 2003	£122,500	First Sale
19 PROSPECT CLOSEDetached, FreeholdArea: 82 Sq.mtrAge: 1976-1982	08 Feb 2007	£192,500	First Sale
21 PROSPECT CLOSEDetached, Freehold	24 Sep 2004	£175,000	27.27%
21 PROSPECT CLOSEDetached, Freehold	19 Aug 2002	£137,500	First Sale
20 PROSPECT CLOSEDetached, FreeholdArea: 79 Sq.mtrAge: 1967-1975	02 Apr 2004	£157,000	First Sale
12 PROSPECT CLOSESemi-Detached, Freehold	20 Nov 1998	£57,000	First Sale
6 PROSPECT CLOSESemi-Detached, Freehold	29 May 1998	£55,000	First Sale
17 PROSPECT CLOSEDetached, Freehold	15 Aug 1997	£71,000	First Sale
4 PROSPECT CLOSESemi-Detached, Freehold	03 Mar 1997	£42,500	First Sale
3 PROSPECT CLOSESemi-Detached, Freehold	17 Apr 1996	£48,500	First Sale
14 PROSPECT CLOSESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1976-1982	06 Dec 2023	£150,000	First Sale

Check out the sold house prices near the GL16 8DB postcode. Properties currently for saleProperties currently for rent

PROSPECT CLOSE, GL16 8DB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the GL16 8DB 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 8DB postcode.

Semi-Detached
- The average price is around £123,829 median price is £123,000 Standard Deviation is £58,742 with Total Sold: 563
- The Last 5 Year average price is £188,972 with Total Sold: 82
- The most recent sale happened at this postcode is , 3 KINGS MEADE: £177,500 (Sold on 15 Jul 2024)
- The first recorded sale happened at this postcode is , 23 LORDS HILL: £50,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £179,187 median price is £175,000 Standard Deviation is £91,597 with Total Sold: 420
- The Last 5 Year average price is £289,793 with Total Sold: 66
- The most recent sale happened at this postcode is , 16 FAIRWAYS AVENUE: £345,000 (Sold on 11 Jul 2024)
- The first recorded sale happened at this postcode is , 14 PIKE ROAD: £65,000 (Sold on 05 May 1995)
Flat
- The average price is around £66,028 median price is £68,000 Standard Deviation is £30,510 with Total Sold: 289
- The Last 5 Year average price is £96,662 with Total Sold: 37
- The most recent sale happened at this postcode is , 115 FAIRWAYS AVENUE: £87,000 (Sold on 01 Jul 2024)
- The first recorded sale happened at this postcode is , 79 FAIRWAYS AVENUE: £18,000 (Sold on 08 Feb 1995)
Other
- The average price is around £277,891 median price is £175,000 Standard Deviation is £306,608 with Total Sold: 27
- The Last 5 Year average price is £305,676 with Total Sold: 17
- The most recent sale happened at this postcode is , 4 LORDS HILL: £130,000 (Sold on 20 Dec 2023)
- The first recorded sale happened at this postcode is , THE COURT HOUSE GLOUCESTER ROAD: £170,000 (Sold on 29 Feb 2016)
Terraced
- The average price is around £100,257 median price is £97,500 Standard Deviation is £57,232 with Total Sold: 584
- The Last 5 Year average price is £180,925 with Total Sold: 75
- The most recent sale happened at this postcode is , 32 MARKET PLACE: £240,000 (Sold on 08 Dec 2023)
- The first recorded sale happened at this postcode is , 20 NEWLAND STREET: £32,500 (Sold on 22 Feb 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£261,667	£2,939	3
2023	£203,246	£2,859	12
2022	£217,250	£3,165	10
2021	£202,902	£2,673	22
2020	£173,875	£2,550	16
2019	£150,179	£2,559	19
2018	£168,174	£2,521	25
2017	£160,036	£2,484	28
2016	£135,000	£2,100	20
2015	£137,451	£2,200	10
2014	£125,697	£1,879	16
2013	£134,929	£1,813	14
2012	£126,567	£1,753	18
2011	£147,333	£2,091	6
2010	£146,769	£2,151	16
2009	£119,733	£1,900	15
2008	£132,389	£1,757	9
2007	£161,830	£2,267	22
2006	£161,153	£2,230	23
2005	£155,370	£1,928	20
2004	£115,207	£1,836	43
2003	£119,608	£1,449	29
2002	£83,250	£1,075	31
2001	£74,726	£1,002	13
2000	£60,236	£800	22
1999	£55,756	£743	27
1998	£56,720	£728	27
1997	£55,469	£803	12
1996	£47,438	£728	20
1995	£49,100	£679	15

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£286,980	£3,273	5
2023	£300,167	£3,618	6
2022	£309,423	£3,768	13
2021	£322,562	£2,478	16
2020	£296,000	£2,793	11
2019	£230,063	£2,519	15
2018	£271,000	£2,427	11
2017	£251,181	£2,391	13
2016	£237,746	£2,168	12
2015	£249,562	£2,050	16
2014	£202,456	£1,955	14
2013	£192,850	£1,824	10
2012	£183,944	£1,809	9
2011	£211,869	£1,798	8
2010	£220,988	£1,473	4
2009	£184,875	£2,191	8
2008	£167,000	£1,753	3
2007	£209,497	£2,213	17
2006	£220,605	£1,892	18
2005	£247,636	£1,805	11
2004	£169,257	£1,868	21
2003	£172,626	£1,603	19
2002	£144,346	£1,191	27
2001	£103,268	£1,128	11
2000	£103,493	£778	23
1999	£95,259	£691	25
1998	£76,063	£754	27
1997	£72,600	£611	20
1996	£65,844	£625	16
1995	£56,159	£654	11

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£87,000		1
2023	£109,659	£1,809	11
2022	£95,750	£2,378	9
2021	£89,500	£2,041	2
2020	£99,583	£2,023	6
2019	£80,625	£2,002	8
2018	£78,325	£1,895	12
2017	£68,779	£1,515	7
2016	£88,250	£1,723	8
2015	£71,470	£1,645	10
2014	£67,875	£1,561	8
2013	£90,125	£1,697	4
2012	£76,200	£1,569	5
2011	£85,000	£1,767	6
2010	£89,300	£1,611	5
2009	£71,500	£2,031	2
2008	£111,490	£2,425	5
2007	£85,685	£2,189	13
2006	£92,118	£1,904	17
2005	£77,250	£1,731	13
2004	£71,073	£1,832	29
2003	£70,370	£1,487	12
2002	£50,409	£1,208	11
2001	£37,391	£930	17
2000	£29,781	£693	8
1999	£31,123	£711	11
1998	£31,575	£638	14
1997	£27,746	£640	13
1996	£24,128	£573	14
1995	£27,625	£682	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£138,333		3
2022	£165,000		2
2021	£355,000	£1,026	2
2020	£257,750		4
2019	£451,750		6
2018	£274,425	£2,878	6
2017	£250,000		1
2016	£136,667	£1,133	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£185,607	£2,880	18
2022	£240,732	£2,905	17
2021	£153,846	£2,631	13
2020	£158,636	£2,422	11
2019	£149,438	£2,404	16
2018	£150,029	£2,577	12
2017	£144,519	£2,087	21
2016	£117,147	£1,925	17
2015	£99,899	£2,008	5
2014	£114,997	£1,768	19
2013	£118,127	£1,761	11
2012	£109,786	£1,543	14
2011	£103,624	£1,538	6
2010	£131,742	£1,893	16
2009	£114,000	£1,806	11
2008	£139,889	£2,073	9
2007	£126,858	£2,193	18
2006	£128,043	£2,189	22
2005	£123,853	£1,861	30
2004	£113,471	£1,816	38
2003	£90,325	£1,384	29
2002	£73,844	£1,268	33
2001	£59,888	£990	28
2000	£49,134	£806	25
1999	£47,989	£745	28
1998	£51,605	£874	37
1997	£38,699	£705	33
1996	£38,200	£616	31
1995	£36,672	£595	16

House Type in GL16 8DB area

The most common house types in the GL16 8DB postcode area are Semi-detached (93), Detached (32), and Flat (22).

Total	175
Semi-detached	93
Detached	32
Flat	22
Terraced	12
commercial building	8
converted building	5
Shared house	3
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (93), and Private rented: Private landlord or letting agency (41).

Owned: Owns outright	93
Private rented: Private landlord or letting agency	41
Owned: Owns with a mortgage or loan	31
Social rented: Other social rented	4
Private rented: Other private rented	4
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the GL16 8DB have 1 person in household (99), and 2 people in household (50).

1 person in household	99
2 people in household	50
3 people in household	12
4 people in household	10
5 people in household	5
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0