GL16 7NT is a residential postcode situated on Shortstanding, Coleford, GL16 with 11 addresses.
It ranks as the 490th largest and 436th most expensive of the 1,010 postcodes in the GL16 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 11 properties: 11 houses.
GL16 7NT is a residential postcode situated on Shortstanding, Coleford, GL16 with 11 addresses.
It ranks as the 490th largest and 436th most expensive of the 1,010 postcodes in the GL16 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 11 properties: 11 houses.
Sale prices range from £243,055 for 2 bedroom freehold houses with a garden (742 ft2) to £522,235 for 5 bedroom freehold houses with a garden (2,809 ft2) .
Monthly rental prices range from £1,209 pcm for 2 bed houses to £2,199 pcm for 5 bed houses.
The gross rental yield is between 4.3% and 6.0%.
The average value per square foot is £293.
The last sale in GL16 7NT sold for £390,000 on 18th July 2022. Since then prices are down an average of 1.7%.
The current average value in the postcode is £351,040.
The GL16 7NT Sales Market has increased by 45.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.2% | £351,040 |
| April 2025 | 0.6% | £355,214 |
| April 2024 | -0.5% | £353,099 |
| April 2023 | 4.4% | £354,905 |
| April 2022 | 9.6% | £340,021 |
| April 2021 | 8.4% | £310,357 |
| April 2020 | 2.2% | £286,254 |
| April 2019 | 3.3% | £280,124 |
| April 2018 | 5.1% | £271,143 |
| April 2017 | 6.8% | £258,089 |
| April 2016 | 4.4% | £241,546 |
| April 2015 | 5.6% | £231,436 |
| April 2014 | 5% | £219,204 |
| April 2013 | 0.4% | £208,828 |
| April 2012 | -3.3% | £208,086 |
| April 2011 | 1.1% | £215,132 |
| April 2010 | 3.7% | £212,810 |
| April 2009 | -10.1% | £205,235 |
| April 2008 | 1.2% | £228,286 |
| April 2007 | 0% | £225,607 |
The current average rental value in the postcode is £1,554.
The GL16 7NT Rental Market has increased by 61.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,554pcm |
| April 2025 | 4.7% | £1,517pcm |
| April 2024 | 8% | £1,449pcm |
| April 2023 | 6.9% | £1,341pcm |
| April 2022 | 8.7% | £1,255pcm |
| April 2021 | 7.1% | £1,154pcm |
| April 2020 | 1.4% | £1,078pcm |
| April 2019 | 3.2% | £1,063pcm |
| April 2018 | 1.5% | £1,029pcm |
| April 2017 | 5.6% | £1,014pcm |
| April 2016 | 3.8% | £960pcm |
| April 2015 | 2.6% | £924pcm |
| April 2014 | 2.9% | £901pcm |
| April 2013 | 3.6% | £876pcm |
| April 2012 | -0.2% | £846pcm |
| April 2011 | 3.7% | £848pcm |
| April 2010 | 1.4% | £818pcm |
| April 2009 | -8.7% | £806pcm |
| April 2008 | 7% | £883pcm |
| April 2007 | 0% | £825pcm |
The last sale was on 18th July 2022 for £390,000 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 10 sales since 1995.
GL16 7NT has seen no sales in the last three years and no sales in the last twelve months.
GL16 7NT is the 490th largest and the 436th most expensive postcode out of the 1,010 postcodes in the GL16 area.
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The closest station to GL16 7NT is Lydney station which is 13.1 kilometres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 GL16 7NT, 60.4% of property is privately owned outright and 27.5% 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 GL16 7NT, 12.0% of residents are recorded as possessing school level qualifications and 24.1% 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 GL16 7NT, the average age was 49 and the most common age was 57.
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 GL16 7NT, 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 GL16 7NT, 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.