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2 Forest Road is a residential building situated on Forest Road, Milkwall, Coleford, GL16 with 3 addresses.
It ranks as the 153rd largest and 52nd most expensive of the 268 buildings in the GL16 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 3 properties: 3 flats.
2 Forest Road is a residential building situated on Forest Road, Milkwall, Coleford, GL16 with 3 addresses.
It ranks as the 153rd largest and 52nd most expensive of the 268 buildings in the GL16 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 3 properties: 3 flats.
Sale prices range from £132,692 for 2 bedroom Leasehold flats (570 ft2) to £348,466 for 4 bedroom freehold houses with a garden (1,415 ft2) .
Monthly rental prices range from £692 pcm for 2 bed flats to £1,482 pcm for 4 bed houses.
The gross rental yield is between 5.1% and 6.3%.
The average value per square foot is £233.
The last sale in 2 Forest Road sold for £132,000 on 30th September 2025. Since then prices are down an average of 2.0%.
The current average value in the building is £204,617.
The 2 Forest Road Sales Market has increased by 36.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.9% | £204,617 |
| May 2025 | 1% | £208,507 |
| May 2024 | -0.9% | £206,490 |
| May 2023 | 2.6% | £208,376 |
| May 2022 | 9.3% | £203,144 |
| May 2021 | 8% | £185,933 |
| May 2020 | 2.1% | £172,146 |
| May 2019 | 2.5% | £168,549 |
| May 2018 | 3.7% | £164,382 |
| May 2017 | 5.6% | £158,520 |
| May 2016 | 4% | £150,059 |
| May 2015 | 4.7% | £144,247 |
| May 2014 | 5.6% | £137,792 |
| May 2013 | -2.3% | £130,456 |
| May 2012 | -1.8% | £133,509 |
| May 2011 | 0% | £135,920 |
| May 2010 | 3.5% | £135,920 |
| May 2009 | -11.3% | £131,352 |
| May 2008 | -1.4% | £148,111 |
| May 2007 | 0% | £150,252 |
The current average rental value in the building is £955.
The 2 Forest Road Rental Market has increased by 54.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.3% | £955pcm |
| May 2025 | 5.3% | £925pcm |
| May 2024 | 7.5% | £878pcm |
| May 2023 | 5.6% | £817pcm |
| May 2022 | 8.6% | £774pcm |
| May 2021 | 6% | £712pcm |
| May 2020 | 1.6% | £672pcm |
| May 2019 | 3.1% | £661pcm |
| May 2018 | 0.9% | £641pcm |
| May 2017 | 3% | £635pcm |
| May 2016 | 3.8% | £617pcm |
| May 2015 | 2.5% | £594pcm |
| May 2014 | 2.5% | £580pcm |
| May 2013 | 1.4% | £565pcm |
| May 2012 | 0.1% | £558pcm |
| May 2011 | 2.5% | £557pcm |
| May 2010 | 1.9% | £544pcm |
| May 2009 | -8.9% | £534pcm |
| May 2008 | 5.5% | £586pcm |
| May 2007 | 0% | £556pcm |
The last sale was on 30th September 2025 for £132,000 and since then the market in the area has decreased by 2.0%. The building has had a total of 6 sales since 1995.
2, Forest Road, Milkwall, Coleford, GL16 7LB has seen 1 sale in the last three years and 1 sale in the last twelve months.
The closest station to 2, Forest Road, Milkwall, Coleford, GL16 7LB is Lydney station which is 9.0 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Forest Road, Milkwall, Coleford, GL16 7LB, 49.0% of property is privately owned outright and 38.6% is privately owned with a mortgage.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Forest Road, Milkwall, Coleford, GL16 7LB, 16.6% of residents are recorded as possessing school level qualifications and 25.3% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Forest Road, Milkwall, Coleford, GL16 7LB, the average age was 44.7 and the most common age was 52.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Forest Road, Milkwall, Coleford, GL16 7LB, 0.6% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Forest Road, Milkwall, Coleford, GL16 7LB, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.