Housing Market Analysis for WETHERAL CLOSE, GL16 8RZ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £220,000 median price is £220,000 Standard Deviation is £120,000 with Total Sold: 2
    • The Last 5 Year average price is £340,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WOODVIEW, 4 WETHERAL CLOSE: £340,000 (Sold on 04 Mar 2021)
    • The first recorded sale happened at this postcode is 1 WETHERAL CLOSE: £100,000 (Sold on 24 Mar 2017)
  • Other
    • The average price is around £307,500 median price is £355,000 Standard Deviation is £122,755 with Total Sold: 4
    • The Last 5 Year average price is £390,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 WETHERAL CLOSE: £360,000 (Sold on 04 Dec 2020)
    • The first recorded sale happened at this postcode is 2 WETHERAL CLOSE: £100,000 (Sold on 23 Mar 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average GL16 8RZ 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
2021£340,0001
2017£100,000 £633 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£390,000 £2,579 2
2018£225,000 £1,424 2

All the Sales in the WETHERAL CLOSE, GL16 8RZ

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

AddressSold DatePrice% Change
WOODVIEW, 4 WETHERAL CLOSEDetached, Freehold04 Mar 2021£340,000First Sale
3 WETHERAL CLOSEOther, FreeholdArea: 144 Sq.mtr04 Dec 2020£360,000First Sale
2 WETHERAL CLOSEOther, FreeholdArea: 158 Sq.mtr07 Feb 2020£420,000320.00%
23 Mar 2018£100,000First Sale
1 WETHERAL CLOSEOther, FreeholdArea: 158 Sq.mtr23 Mar 2018£350,000250.00%
24 Mar 2017£100,000First Sale

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

WETHERAL CLOSE, GL16 8RZ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £182,111 median price is £178,500 Standard Deviation is £96,665 with Total Sold: 258
    • The Last 5 Year average price is £320,096 with Total Sold: 36
    • The most recent sale happened at this postcode is , HIGHFIELD TUFTHORN ROAD: £485,000 (Sold on 27 Jun 2024)
    • The first recorded sale happened at this postcode is , HILLSIDE TUFTHORN ROAD: £48,000 (Sold on 16 Aug 1995)
  • Semi-Detached
    • The average price is around £122,374 median price is £122,250 Standard Deviation is £61,166 with Total Sold: 184
    • The Last 5 Year average price is £186,450 with Total Sold: 30
    • The most recent sale happened at this postcode is , BRYDEN HOUSE, 35 EDENWALL ROAD: £260,000 (Sold on 05 Apr 2024)
    • The first recorded sale happened at this postcode is 1, ROSE COTTAGES WOOD EDGE ROAD: £46,000 (Sold on 12 May 1995)
  • Terraced
    • The average price is around £95,743 median price is £93,500 Standard Deviation is £47,922 with Total Sold: 138
    • The Last 5 Year average price is £187,988 with Total Sold: 11
    • The most recent sale happened at this postcode is , 1 TUFTHORN TERRACE: £156,666 (Sold on 18 Mar 2024)
    • The first recorded sale happened at this postcode is , 4 TUFTHORN TERRACE: £46,500 (Sold on 17 Feb 1995)
  • Other
    • The average price is around £285,095 median price is £100,000 Standard Deviation is £273,069 with Total Sold: 21
    • The Last 5 Year average price is £243,571 with Total Sold: 14
    • The most recent sale happened at this postcode is UNIT 1E, TUFTHORN INDUSTRIAL ESTATE STEPBRIDGE ROAD: £616,000 (Sold on 18 May 2023)
    • The first recorded sale happened at this postcode is UNIT 7, PLOT 8, FOREST OF DEAN BUSINESS ESTATE STEPBRIDGE ROAD: £92,000 (Sold on 29 Jun 2015)
  • Flat
    • The average price is around £123,112 median price is £118,750 Standard Deviation is £17,062 with Total Sold: 4
    • The Last 5 Year average price is £131,225 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2A FOREST ROAD: £149,950 (Sold on 09 Sep 2022)
    • The first recorded sale happened at this postcode is , 2A FOREST ROAD: £125,000 (Sold on 27 Apr 2007)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£490,000 £2,526 2
2023£362,500 £2,799 2
2022£398,750 £3,254 2
2021£315,381 £3,220 13
2020£310,438 £2,878 8
2019£270,833 £2,154 9
2018£239,250 £2,236 4
2017£253,182 £2,206 11
2016£231,600 £2,188 12
2015£193,950 £1,609 8
2014£226,571 £2,038 7
2013£241,508 £1,676 6
2012£188,200 £1,556 5
2011£221,286 £1,760 7
2010£244,250 £1,751 4
2009£212,000 £1,875 4
2008£204,333 £1,717 3
2007£208,500 £1,878 4
2006£214,524 £1,843 17
2005£194,200 £2,141 8
2004£203,000 £1,750 13
2003£161,353 £1,597 15
2002£122,000 £1,279 5
2001£114,342 £1,071 13
2000£111,961 £1,049 9
1999£86,818 £740 16
1998£82,525 £827 18
1997£71,860 £713 26
1996£72,748 £550 6
1995£48,000 £425 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£260,0001
2023£165,000 £2,021 2
2022£204,874 £2,900 8
2021£188,643 £2,246 7
2020£158,333 £2,351 3
2019£174,333 £2,546 9
2018£193,750 £2,462 2
2017£165,750 £2,107 10
2016£160,000 £2,105 1
2015£153,000 £1,777 2
2014£128,917 £1,846 3
2013£128,000 £1,767 7
2012£129,986 £1,841 7
2011£194,400 £1,603 5
2010£146,500 £1,975 5
2009£122,500 £2,112 1
2008£133,612 £2,046 4
2007£171,188 £1,980 8
2006£151,408 £2,230 6
2005£147,044 £1,529 10
2004£140,155 £1,748 9
2003£93,370 £1,423 12
2002£80,329 £1,007 11
2001£79,500 £784 6
2000£55,125 £812 4
1999£55,444 £791 9
1998£56,579 £749 12
1997£49,446 £736 10
1996£47,817 £631 8
1995£46,000 £657 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£156,6661
2023£182,650 £2,981 3
2022£194,250 £2,966 2
2021£200,500 £2,835 2
2020£191,250 £2,605 3
2018£175,000 £2,640 1
2017£144,317 £1,957 3
2016£112,300 £2,022 5
2015£107,500 £1,966 2
2014£127,250 £2,120 8
2013£90,500 £1,393 3
2012£129,650 £1,871 2
2011£115,000 £2,038 1
2009£132,750 £1,125 2
2008£134,333 £2,251 3
2007£130,250 £2,119 8
2006£126,979 £2,208 9
2005£133,812 £1,906 8
2004£108,687 £1,784 8
2003£73,500 £1,246 3
2002£79,3502
2001£59,860 £1,044 14
2000£54,750 £1,004 2
1999£46,308 £784 6
1998£49,940 £764 13
1997£47,042 £738 11
1996£42,122 £760 4
1995£40,372 £656 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£583,0002
2022£100,0001
2021£94,167 £1,732 6
2020£488,333 £2,579 3
2019£57,000 £69 2
2018£512,500 £1,424 4
2017£335,0001
2015£96,0002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£149,950 £2,856 1
2019£112,500 £2,125 1
2016£105,000 £2,000 1
2007£125,000 £2,381 1

House Type in GL16 8RZ area

The most common house types in the GL16 8RZ postcode area are Detached (94), Semi-detached (43), and Terraced (5).

Total145
Detached94
Semi-detached43
Terraced5
commercial building2
Shared house1
Flat0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (71), and Owned: Owns with a mortgage or loan (56).

Owned: Owns outright71
Owned: Owns with a mortgage or loan56
Private rented: Private landlord or letting agency16
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the GL16 8RZ have 2 people in household (55), and 1 person in household (36).

2 people in household55
1 person in household36
3 people in household28
4 people in household17
5 people in household7
7 people in household2
8 or more people in household1
0 people in household0
6 people in household0