Housing Market Analysis for THE TRAM ROAD, GL16 8TR

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £153,750 median price is £153,750 Standard Deviation is £28,750 with Total Sold: 2
    • The Last 5 Year average price is £153,750 with Total Sold: 2
    • The most recent sale happened at this postcode is THE NEW BUNGALOW THE TRAM ROAD: £182,500 (Sold on 07 Jan 2022)
    • The first recorded sale happened at this postcode is THE SHAMBLES THE TRAM ROAD: £125,000 (Sold on 25 Oct 2019)
  • Other
    • The average price is around £118,000 median price is £118,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is THE SHAMBLES THE TRAM ROAD: £118,000 (Sold on 01 Oct 2018)
    • The first recorded sale happened at this postcode is THE SHAMBLES THE TRAM ROAD: £118,000 (Sold on 01 Oct 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average GL16 8TR 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
2022£182,500 £3,650 1
2019£125,000 £3,049 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£118,000 £2,878 1

All the Sales in the THE TRAM ROAD, GL16 8TR

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

AddressSold DatePrice% Change
THE NEW BUNGALOW THE TRAM ROADDetached, FreeholdArea: 50 Sq.mtrAge: 1996-200207 Jan 2022£182,500First Sale
THE SHAMBLES THE TRAM ROADDetached, FreeholdArea: 41 Sq.mtrAge: before 190025 Oct 2019£125,0005.93%
01 Oct 2018£118,000First Sale

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

THE TRAM ROAD, GL16 8TR Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £130,366 median price is £127,500 Standard Deviation is £60,383 with Total Sold: 715
    • The Last 5 Year average price is £196,624 with Total Sold: 116
    • 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 £202,096 median price is £209,000 Standard Deviation is £94,705 with Total Sold: 615
    • The Last 5 Year average price is £302,667 with Total Sold: 111
    • 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 , 18A ALBERT ROAD: £78,500 (Sold on 14 Mar 1995)
  • Flat
    • The average price is around £69,040 median price is £71,250 Standard Deviation is £32,137 with Total Sold: 312
    • The Last 5 Year average price is £99,929 with Total Sold: 43
    • 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)
  • Terraced
    • The average price is around £100,497 median price is £97,970 Standard Deviation is £56,236 with Total Sold: 621
    • The Last 5 Year average price is £175,101 with Total Sold: 86
    • 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 , 20 NEWLAND STREET: £32,500 (Sold on 22 Feb 1995)
  • Other
    • The average price is around £276,000 median price is £177,950 Standard Deviation is £297,858 with Total Sold: 29
    • The Last 5 Year average price is £308,618 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)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,639 £2,818 6
2023£201,970 £2,659 15
2022£215,412 £3,033 16
2021£215,500 £2,763 33
2020£176,522 £2,767 23
2019£158,996 £2,509 23
2018£175,321 £2,381 31
2017£162,656 £2,260 40
2016£143,029 £2,116 33
2015£160,614 £2,036 22
2014£131,340 £1,888 21
2013£145,135 £1,807 26
2012£141,657 £2,236 30
2011£149,044 £2,683 9
2010£146,224 £2,083 17
2009£118,079 £1,680 19
2008£133,577 £1,733 13
2007£154,844 £2,186 24
2006£156,578 £2,167 26
2005£147,700 £1,791 27
2004£116,838 £1,811 47
2003£117,630 £1,425 28
2002£80,099 £1,037 38
2001£68,759 £928 16
2000£58,258 £758 24
1999£53,852 £702 31
1998£53,759 £706 23
1997£52,255 £738 16
1996£47,062 £669 24
1995£46,178 £679 14
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£286,980 £3,273 5
2023£331,964 £3,281 14
2022£324,645 £3,617 20
2021£320,267 £2,594 30
2020£295,526 £2,659 19
2019£252,074 £2,679 23
2018£274,188 £2,508 24
2017£267,789 £2,261 41
2016£251,758 £2,140 48
2015£245,779 £2,165 34
2014£200,170 £1,937 17
2013£211,545 £2,020 22
2012£183,818 £2,335 14
2011£204,314 £2,243 11
2010£237,325 £1,700 6
2009£183,249 £2,365 8
2008£185,083 £1,905 6
2007£209,631 £2,331 19
2006£211,320 £1,909 20
2005£235,122 £1,794 16
2004£169,329 £1,596 24
2003£167,652 £1,577 19
2002£147,314 £1,240 29
2001£120,441 £1,153 17
2000£104,050 £845 27
1999£90,903 £710 21
1998£70,010 £722 20
1997£72,760 £612 25
1996£67,500 £619 22
1995£60,803 £637 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£86,000 £1,417 2
2023£106,823 £1,822 13
2022£95,750 £2,378 9
2021£118,500 £2,271 4
2020£107,929 £2,132 7
2019£80,625 £2,002 8
2018£81,723 £1,895 13
2017£80,883 £1,639 9
2016£93,800 £1,731 10
2015£71,470 £1,645 10
2014£76,100 £1,615 10
2013£96,688 £1,707 8
2012£87,217 £1,613 9
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£91,889 £1,892 18
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£26,111 £633 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£120,0001
2023£179,466 £2,842 17
2022£222,988 £2,690 21
2021£160,000 £2,825 16
2020£146,833 £2,283 12
2019£151,737 £2,335 19
2018£155,262 £2,787 13
2017£136,167 £1,993 21
2016£117,361 £1,896 18
2015£104,071 £1,837 7
2014£117,997 £2,000 20
2013£117,825 £1,938 12
2012£118,909 £1,917 17
2011£118,330 £1,950 8
2010£129,617 £1,869 16
2009£112,182 £1,764 11
2008£139,889 £2,073 9
2007£128,807 £2,182 21
2006£128,302 £2,189 23
2005£123,284 £1,828 32
2004£109,754 £1,795 37
2003£90,325 £1,384 29
2002£71,453 £1,229 35
2001£60,479 £959 31
2000£49,859 £796 28
1999£46,354 £732 26
1998£51,247 £883 34
1997£38,597 £693 37
1996£38,209 £616 32
1995£37,275 £596 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£138,3333
2022£165,0002
2021£355,000 £1,026 2
2020£270,250 £1,809 4
2019£451,7506
2018£274,425 £2,878 6
2017£250,0001
2016£172,190 £2,177 5

House Type in GL16 8TR area

The most common house types in the GL16 8TR postcode area are Semi-detached (62), Detached (54), and Flat (44).

Total220
Semi-detached62
Detached54
Flat44
Terraced33
commercial building20
Shared house4
converted building3
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (69), and Private rented: Private landlord or letting agency (60).

Owned: Owns outright69
Private rented: Private landlord or letting agency60
Owned: Owns with a mortgage or loan43
Social rented: Other social rented35
Social rented: Rents from council or Local Authority8
Private rented: Other private rented5
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the GL16 8TR have 1 person in household (91), and 2 people in household (64).

1 person in household91
2 people in household64
3 people in household29
4 people in household24
5 people in household11
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0