Housing Market Analysis for MERCIAN WAY, NP16 7AP

Are you looking to understand NP16 7AP 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 NP16 7AP area, explore the NP16 7AP Area information page.
For comprehensive crime statistics in the NP16 7AP area, explore the NP16 7AP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NP16 7AP postcode area, The average prices are as follows,

Terraced
- The average price is around £150,131 median price is £131,000 Standard Deviation is £55,102 with Total Sold: 27
- The Last 5 Year average price is £221,500 with Total Sold: 7
- The most recent sale happened at this postcode is 2 MERCIAN WAY: £228,500 (Sold on 27 Jan 2023)
- The first recorded sale happened at this postcode is 10 MERCIAN WAY: £102,950 (Sold on 22 Aug 2003)
Semi-Detached
- The average price is around £139,507 median price is £121,950 Standard Deviation is £43,070 with Total Sold: 15
- The Last 5 Year average price is £242,000 with Total Sold: 2
- The most recent sale happened at this postcode is 15 MERCIAN WAY: £244,000 (Sold on 09 Jul 2021)
- The first recorded sale happened at this postcode is 1 MERCIAN WAY: £101,950 (Sold on 12 Sep 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average NP16 7AP 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£228,500	£2,431	1
2022	£233,000	£2,330	1
2021	£216,500	£2,475	2
2020	£193,000	£2,126	1
2019	£231,500	£2,513	2
2018	£265,000	£2,294	1
2015	£135,500	£1,425	2
2014	£132,500	£1,435	2
2012	£122,000	£1,344	1
2011	£168,000	£1,212	1
2009	£132,500	£1,484	1
2008	£164,000	£1,802	1
2005	£113,750	£1,238	2
2003	£98,672	£1,032	9

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£244,000	£2,773	1
2020	£240,000	£2,353	1
2015	£138,000	£1,427	2
2007	£142,000		1
2006	£156,000	£1,773	1
2005	£138,000	£1,353	1
2004	£121,950		1
2003	£110,664	£1,121	7

All the Sales in the MERCIAN WAY, NP16 7AP

See the table below for more details on the sold house prices in the NP16 7AP, Forest of Dean postcode.

Address	Sold Date	Price	% Change
2 MERCIAN WAYTerraced, FreeholdArea: 94 Sq.mtrAge: 1950-1966	27 Jan 2023	£228,500	132.10%
	20 Nov 2003	£98,450	First Sale
9 MERCIAN WAYTerraced, FreeholdArea: 100 Sq.mtrAge: 1950-1966	01 Apr 2022	£233,000	140.33%
	17 Oct 2003	£96,950	First Sale
13 MERCIAN WAYTerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	23 Aug 2021	£228,000	80.95%
	22 Oct 2015	£126,000	28.64%
	27 Aug 2003	£97,950	First Sale
15 MERCIAN WAYSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1930-1949	09 Jul 2021	£244,000	56.41%
	16 Jan 2006	£156,000	32.26%
	04 Nov 2003	£117,950	First Sale
3 MERCIAN WAYTerraced, FreeholdArea: 91.7 Sq.mtrAge: 1950-1966	23 Jun 2021	£205,000	56.49%
	06 Jun 2014	£131,000	35.12%
	08 Sep 2003	£96,950	First Sale
6 MERCIAN WAYSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1950-1966	01 Dec 2020	£240,000	70.21%
	18 Dec 2015	£141,000	2.17%
	03 Oct 2005	£138,000	35.36%
	02 Oct 2003	£101,950	First Sale
8 MERCIAN WAYTerraced, FreeholdArea: 90.8 Sq.mtrAge: 1930-1949	06 Nov 2020	£193,000	58.20%
	30 Apr 2012	£122,000	7.25%
	08 Jul 2005	£113,750	First Sale
7 MERCIAN WAYTerraced, FreeholdArea: 93 Sq.mtrAge: 1930-1949	19 Dec 2019	£265,000	97.76%
	02 Sep 2014	£134,000	17.80%
	08 Jul 2005	£113,750	First Sale
5 MERCIAN WAYTerraced, FreeholdArea: 91 Sq.mtrAge: 1930-1949	05 Nov 2019	£198,000	20.73%
	17 Apr 2008	£164,000	69.16%
	16 Sep 2003	£96,950	First Sale
10 MERCIAN WAYTerraced, FreeholdArea: 115.53 Sq.mtrAge: 1950-1966	09 May 2018	£265,000	157.41%
	22 Aug 2003	£102,950	First Sale
17 MERCIAN WAYSemi-Detached, FreeholdArea: 91.73 Sq.mtrAge: 1950-1966	21 Jul 2015	£135,000	14.46%
	04 Nov 2003	£117,950	First Sale
4 MERCIAN WAYTerraced, FreeholdArea: 107.38 Sq.mtrAge: 1930-1949	30 Jan 2015	£145,000	49.56%
	29 Aug 2003	£96,950	First Sale
1 MERCIAN WAYTerraced, FreeholdArea: 138.58 Sq.mtrAge: 1950-1966	17 Jun 2011	£168,000	64.79%
	12 Sep 2003	£101,950	First Sale
14 MERCIAN WAYTerraced, FreeholdArea: 89.28 Sq.mtrAge: 1950-1966	28 Aug 2009	£132,500	28.70%
	05 Sep 2003	£102,950	First Sale
20 MERCIAN WAYSemi-Detached, Freehold	06 Jul 2007	£142,000	16.44%
20 MERCIAN WAYSemi-Detached, Freehold	25 Aug 2004	£121,950	First Sale
12 MERCIAN WAYTerraced, Freehold	17 Oct 2003	£97,950	First Sale
18 MERCIAN WAYSemi-Detached, FreeholdArea: 91.4 Sq.mtrAge: 1950-1966	30 Sep 2003	£115,950	First Sale
11 MERCIAN WAYSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1930-1949	19 Sep 2003	£102,950	First Sale
16 MERCIAN WAYSemi-Detached, Freehold	15 Sep 2003	£115,950	First Sale

Check out the sold house prices near the NP16 7AP postcode. Properties currently for saleProperties currently for rent

MERCIAN WAY, NP16 7AP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NP16 7AP 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 NP16 7AP postcode.

Semi-Detached
- The average price is around £136,238 median price is £138,000 Standard Deviation is £67,463 with Total Sold: 376
- The Last 5 Year average price is £234,421 with Total Sold: 62
- The most recent sale happened at this postcode is , 3 WYEBANK WAY: £278,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 11 TYLERS WAY: £60,000 (Sold on 03 Mar 1995)
Detached
- The average price is around £185,899 median price is £184,950 Standard Deviation is £101,678 with Total Sold: 221
- The Last 5 Year average price is £320,037 with Total Sold: 35
- The most recent sale happened at this postcode is , 6 ARLINGTON COURT: £414,000 (Sold on 06 Jun 2024)
- The first recorded sale happened at this postcode is , 5 WYEBANK PLACE: £45,000 (Sold on 10 Feb 1995)
Terraced
- The average price is around £126,105 median price is £109,000 Standard Deviation is £61,474 with Total Sold: 110
- The Last 5 Year average price is £222,921 with Total Sold: 19
- The most recent sale happened at this postcode is , 6 SEDBURY COURT: £290,000 (Sold on 19 Apr 2024)
- The first recorded sale happened at this postcode is , 5 BUTTINGTON TERRACE: £37,000 (Sold on 30 Jun 1995)
Other
- The average price is around £133,200 median price is £125,000 Standard Deviation is £72,076 with Total Sold: 5
- The Last 5 Year average price is £255,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 13 BRIDGET DRIVE: £255,000 (Sold on 07 Jul 2023)
- The first recorded sale happened at this postcode is , 1 DAIRY MEWS: £40,000 (Sold on 16 Apr 2014)
Flat
- The average price is around £173,025 median price is £173,475 Standard Deviation is £2,393 with Total Sold: 10
- The Last 5 Year average price is £173,025 with Total Sold: 10
- The most recent sale happened at this postcode is 4, THE BEECHES ORMEROD ROAD: £169,000 (Sold on 25 Aug 2021)
- The first recorded sale happened at this postcode is 6, THE BEECHES ORMEROD ROAD: £173,950 (Sold on 18 May 2021)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£250,600	£3,450	5
2023	£251,472	£3,552	9
2022	£247,100	£3,534	10
2021	£238,557	£2,834	17
2020	£215,408	£2,708	12
2019	£211,833	£2,655	9
2018	£210,217	£2,453	9
2017	£170,223	£2,224	13
2016	£179,091	£2,064	16
2015	£145,730	£1,954	15
2014	£153,000	£1,773	15
2013	£127,600	£1,872	5
2012	£147,195	£1,870	10
2011	£127,286	£1,682	7
2010	£130,707	£1,737	7
2009	£143,250	£1,866	12
2008	£173,818	£1,989	11
2007	£150,383	£2,529	12
2006	£156,288	£1,791	12
2005	£140,498	£1,796	13
2004	£134,581	£1,645	16
2003	£100,012	£1,146	26
2002	£94,100	£1,112	18
2001	£72,870	£998	15
2000	£70,314	£930	14
1999	£58,566	£692	19
1998	£53,500	£619	14
1997	£53,445	£810	11
1996	£46,938	£649	12
1995	£54,075	£591	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£281,000	£3,087	4
2023	£320,000	£3,560	4
2022	£322,500	£3,407	6
2021	£361,707	£3,425	7
2020	£323,800	£3,128	8
2019	£289,992	£2,927	6
2018	£271,050	£3,231	8
2017	£236,375	£2,820	4
2016	£236,996	£2,392	13
2015	£213,000	£2,434	4
2014	£191,461	£2,119	9
2013	£241,600	£2,188	5
2012	£206,857	£2,006	7
2011	£220,357	£2,214	7
2010	£191,333	£1,837	3
2009	£179,583	£1,896	6
2008	£231,527	£2,126	11
2007	£220,333	£2,502	6
2006	£231,640	£1,964	5
2005	£182,000	£2,346	3
2004	£176,750	£2,005	8
2003	£182,290	£1,791	5
2002	£125,866	£1,406	16
2001	£107,556	£1,191	8
2000	£107,250	£910	4
1999	£85,746	£840	12
1998	£78,175	£822	12
1997	£71,391	£786	12
1996	£70,908	£633	12
1995	£64,317	£672	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£290,000		1
2023	£266,167	£2,541	3
2022	£251,500	£3,308	2
2021	£204,250	£2,470	8
2020	£194,000	£2,610	2
2019	£207,333	£2,355	3
2018	£221,000	£1,976	2
2017	£153,667	£2,596	3
2016	£122,000	£1,419	1
2015	£132,000	£1,420	3
2014	£118,806	£1,384	8
2013	£115,750	£1,212	2
2012	£145,667	£1,316	3
2011	£138,000	£1,298	2
2010	£117,000	£1,358	1
2009	£121,875	£1,390	4
2008	£157,857	£1,378	7
2007	£128,270	£1,508	4
2006	£114,000	£1,731	2
2005	£112,500	£1,247	3
2004	£110,000	£2,155	2
2003	£93,585	£1,023	20
2002	£81,480	£1,009	5
2001	£83,817	£625	3
2000	£53,250	£651	2
1999	£53,000	£654	1
1998	£60,100	£549	5
1997	£42,612	£412	4
1996	£37,000	£474	1
1995	£38,000	£500	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£255,000	£2,656	1
2018	£156,000		1
2017	£125,000	£1,289	1
2016	£90,000	£783	1
2014	£40,000	£426	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£173,025	£2,184	10

House Type in NP16 7AP area

The most common house types in the NP16 7AP postcode area are Semi-detached (58), Terraced (50), and Detached (14).

Total	122
Semi-detached	58
Terraced	50
Detached	14
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (62), and Owned: Owns outright (30).

Owned: Owns with a mortgage or loan	62
Owned: Owns outright	30
Private rented: Private landlord or letting agency	15
Social rented: Other social rented	9
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	3
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the NP16 7AP have 2 people in household (48), and 3 people in household (31).

2 people in household	48
3 people in household	31
1 person in household	23
4 people in household	16
5 people in household	4
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0