Housing Market Analysis for BUCHANAN CLOSE, GL16 8EG

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £114,071 median price is £114,000 Standard Deviation is £18,372 with Total Sold: 7
    • The Last 5 Year average price is £136,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 BUCHANAN CLOSE: £125,000 (Sold on 21 Jan 2022)
    • The first recorded sale happened at this postcode is 7 BUCHANAN CLOSE: £122,000 (Sold on 03 Jun 2005)
  • Terraced
    • The average price is around £53,570 median price is £51,140 Standard Deviation is £39,334 with Total Sold: 4
    • The most recent sale happened at this postcode is 10 BUCHANAN CLOSE: £99,999 (Sold on 08 Jan 2014)
    • The first recorded sale happened at this postcode is 19 BUCHANAN CLOSE: £17,280 (Sold on 19 Aug 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average GL16 8EG 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£125,000 £1,420 1
2019£147,500 £1,624 1
2016£114,000 £1,256 1
2015£87,500 £1,167 1
2013£97,500 £2,031 1
2008£105,000 £1,156 1
2005£122,000 £1,344 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£99,999 £1,301 1
2007£85,0001
2002£14,6402

All the Sales in the BUCHANAN CLOSE, GL16 8EG

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

AddressSold DatePrice% Change
5 BUCHANAN CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1930-194921 Jan 2022£125,000First Sale
7 BUCHANAN CLOSESemi-Detached, FreeholdArea: 90.8 Sq.mtrAge: 1950-196618 Mar 2019£147,50029.39%
12 Feb 2016£114,0008.57%
25 Jul 2008£105,000-13.93%
03 Jun 2005£122,000First Sale
12 BUCHANAN CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-196623 Feb 2015£87,500First Sale
10 BUCHANAN CLOSETerraced, FreeholdArea: 76.86 Sq.mtrAge: 1950-196608 Jan 2014£99,999First Sale
2 BUCHANAN CLOSESemi-Detached, FreeholdArea: 48 Sq.mtrAge: 1983-199015 Feb 2013£97,500First Sale
13 BUCHANAN CLOSETerraced, Freehold30 Mar 2007£85,000First Sale
15 BUCHANAN CLOSETerraced, Freehold16 Dec 2002£12,000First Sale
19 BUCHANAN CLOSETerraced, Freehold19 Aug 2002£17,280First Sale

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

BUCHANAN CLOSE, GL16 8EG Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £141,534 median price is £140,000 Standard Deviation is £67,244 with Total Sold: 300
    • The Last 5 Year average price is £219,919 with Total Sold: 53
    • The most recent sale happened at this postcode is , 52 SUNNYBANK: £250,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 27 PIKE ROAD: £40,000 (Sold on 10 Mar 1995)
  • Detached
    • The average price is around £217,524 median price is £231,250 Standard Deviation is £97,720 with Total Sold: 376
    • The Last 5 Year average price is £321,703 with Total Sold: 70
    • The most recent sale happened at this postcode is , 4 POOLWAY PLACE: £225,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 14 LARK RISE: £49,500 (Sold on 03 Feb 1995)
  • Terraced
    • The average price is around £115,814 median price is £114,750 Standard Deviation is £58,143 with Total Sold: 136
    • The Last 5 Year average price is £182,452 with Total Sold: 28
    • The most recent sale happened at this postcode is , 28 CADORA WAY: £120,000 (Sold on 10 Jun 2024)
    • The first recorded sale happened at this postcode is , 26 BOXBUSH ROAD: £27,000 (Sold on 22 Sep 1995)
  • Flat
    • The average price is around £83,148 median price is £87,000 Standard Deviation is £45,403 with Total Sold: 61
    • The Last 5 Year average price is £124,338 with Total Sold: 8
    • The most recent sale happened at this postcode is FLAT 1, CHAPEL APARTMENTS BANK STREET: £122,250 (Sold on 12 Dec 2023)
    • The first recorded sale happened at this postcode is FLAT 11, CHAPEL APARTMENTS BANK STREET: £33,000 (Sold on 16 Aug 1995)
  • Other
    • The average price is around £457,786 median price is £273,000 Standard Deviation is £448,426 with Total Sold: 7
    • The Last 5 Year average price is £713,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , RUSHMERE FARM STABLES CROSSWAYS: £1,530,000 (Sold on 16 Jun 2023)
    • The first recorded sale happened at this postcode is , 38 CADORA WAY: £177,950 (Sold on 12 Aug 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£272,722 £2,841 6
2023£228,120 £2,587 5
2022£204,060 £2,530 10
2021£248,710 £2,447 15
2020£195,875 £2,343 8
2019£171,167 £2,233 9
2018£176,001 £1,957 12
2017£182,861 £2,104 18
2016£162,615 £1,765 17
2015£167,880 £1,866 12
2014£126,000 £1,557 5
2013£139,429 £1,689 14
2012£134,795 £1,560 10
2011£147,000 £2,410 3
2010£164,125 £1,469 4
2009£123,056 £1,127 9
2008£141,667 £1,601 6
2007£162,403 £2,042 13
2006£160,278 £1,900 14
2005£132,591 £1,563 11
2004£143,778 £1,833 14
2003£144,349 £1,767 7
2002£77,341 £934 21
2001£64,375 £696 4
2000£61,094 £621 10
1999£55,016 £585 11
1998£59,800 £581 10
1997£52,725 £640 7
1996£46,906 £512 8
1995£51,428 £482 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£290,990 £3,235 5
2023£382,812 £3,289 8
2022£337,495 £3,260 11
2021£318,968 £2,488 22
2020£313,154 £2,440 13
2019£291,000 £2,253 11
2018£292,139 £2,251 18
2017£287,139 £2,249 36
2016£259,276 £2,090 36
2015£255,310 £2,072 29
2014£214,250 £1,832 10
2013£193,000 £1,950 5
2012£205,300 £1,641 5
2011£179,400 £1,706 5
2010£222,790 £1,682 5
2009£207,250 £2,262 4
2008£234,000 £1,612 3
2007£227,600 £1,989 5
2006£238,333 £2,034 9
2005£211,562 £1,664 8
2004£193,537 £1,656 12
2003£172,895 £1,466 10
2002£158,522 £1,098 16
2001£111,454 £1,116 11
2000£101,653 £797 16
1999£94,926 £745 10
1998£76,639 £739 14
1997£76,441 £528 17
1996£70,750 £618 12
1995£67,400 £652 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£120,0001
2023£220,000 £2,564 3
2022£215,708 £2,315 8
2021£155,700 £2,354 5
2020£157,083 £2,022 6
2019£176,400 £1,933 5
2018£280,000 £1,547 1
2017£138,700 £1,657 8
2016£117,750 £1,370 4
2015£124,995 £2,029 1
2014£112,713 £1,477 7
2013£121,133 £1,273 3
2012£120,000 £1,405 4
2011£122,475 £1,588 2
2010£110,375 £1,676 4
2009£121,667 £1,326 3
2008£137,875 £1,930 4
2007£119,908 £2,378 6
2006£132,000 £2,039 5
2005£122,567 £1,457 9
2004£113,636 £1,293 7
2003£85,500 £1,323 3
2002£54,969 £1,183 9
2001£61,129 £800 7
2000£56,408 £648 6
1999£44,375 £559 4
1998£59,000 £326 1
1997£46,375 £500 4
1996£36,000 £471 4
1995£29,750 £540 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£101,567 £1,938 3
2022£168,000 £2,476 3
2021£104,000 £1,793 1
2019£82,000 £994 1
2018£144,500 £2,056 3
2016£108,500 £1,810 3
2015£89,000 £2,068 2
2014£82,750 £1,454 4
2013£107,000 £1,799 2
2012£97,833 £1,722 6
2011£90,000 £1,647 6
2010£135,000 £1,957 1
2009£78,0001
2007£106,250 £1,692 2
2006£106,500 £1,603 2
2005£61,875 £1,173 2
2004£74,206 £2,357 3
2002£54,0001
2001£44,9501
2000£35,500 £617 2
1999£31,500 £725 2
1998£41,5001
1997£29,000 £808 2
1996£20,800 £405 5
1995£23,500 £341 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,530,000 £12,047 1
2022£305,000 £2,805 2
2018£306,7752
2016£225,475 £3,221 2

House Type in GL16 8EG area

The most common house types in the GL16 8EG postcode area are Semi-detached (90), Terraced (18), and Detached (11).

Total120
Semi-detached90
Terraced18
Detached11
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (37), and Social rented: Other social rented (34).

Owned: Owns outright37
Social rented: Other social rented34
Owned: Owns with a mortgage or loan28
Private rented: Private landlord or letting agency10
Social rented: Rents from council or Local Authority7
Shared ownership: Shared ownership2
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the GL16 8EG have 1 person in household (37), and 2 people in household (31).

1 person in household37
2 people in household31
3 people in household24
4 people in household16
5 people in household8
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0