GL16 8ET is a residential postcode situated on Cadora Way, Coleford, GL16 with 32 addresses.
It ranks as the 904th largest and 430th most expensive of the 1,010 postcodes in the GL16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 32 properties: 28 houses and 4 flats.
GL16 8ET is a residential postcode situated on Cadora Way, Coleford, GL16 with 32 addresses.
It ranks as the 904th largest and 430th most expensive of the 1,010 postcodes in the GL16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 32 properties: 28 houses and 4 flats.
Sale prices range from £132,831 for 2 bedroom leasehold flats (495 ft2) to £437,816 for 4 bedroom freehold houses with a garden (1,851 ft2) .
Monthly rental prices range from £723 pcm for 2 bed flats to £1,697 pcm for 4 bed houses.
The gross rental yield is between 4.7% and 6.5%.
The average value per square foot is £282.
The last sale in GL16 8ET sold for £435,000 on 24th January 2025. Since then prices are up an average of 0.5%.
The current average value in the postcode is £293,135.
The GL16 8ET Sales Market has increased by 42.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.6% | £293,135 |
| April 2025 | 1% | £294,990 |
| April 2024 | -0.4% | £292,051 |
| April 2023 | 4% | £293,324 |
| April 2022 | 9.5% | £282,138 |
| April 2021 | 7.6% | £257,759 |
| April 2020 | 1.9% | £239,614 |
| April 2019 | 3% | £235,085 |
| April 2018 | 5.1% | £228,218 |
| April 2017 | 5.7% | £217,051 |
| April 2016 | 4.1% | £205,252 |
| April 2015 | 6.2% | £197,199 |
| April 2014 | 4.6% | £185,752 |
| April 2013 | -0.7% | £177,537 |
| April 2012 | -3.5% | £178,869 |
| April 2011 | 0% | £185,299 |
| April 2010 | 2.7% | £185,215 |
| April 2009 | -10.3% | £180,397 |
| April 2008 | 0.3% | £201,188 |
| April 2007 | 0% | £200,550 |
The current average rental value in the postcode is £1,327.
The GL16 8ET Rental Market has increased by 59.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £1,327pcm |
| April 2025 | 5.1% | £1,289pcm |
| April 2024 | 7.9% | £1,227pcm |
| April 2023 | 6.5% | £1,136pcm |
| April 2022 | 8.8% | £1,067pcm |
| April 2021 | 6.3% | £981pcm |
| April 2020 | 1.2% | £922pcm |
| April 2019 | 3.1% | £911pcm |
| April 2018 | 1.4% | £884pcm |
| April 2017 | 4.8% | £872pcm |
| April 2016 | 3.7% | £832pcm |
| April 2015 | 2.9% | £803pcm |
| April 2014 | 2.4% | £781pcm |
| April 2013 | 2.5% | £762pcm |
| April 2012 | -0.5% | £744pcm |
| April 2011 | 2.7% | £747pcm |
| April 2010 | 0.3% | £727pcm |
| April 2009 | -9% | £725pcm |
| April 2008 | 6.3% | £797pcm |
| April 2007 | 0% | £750pcm |
The last sale was on 24th January 2025 for £435,000 and since then the market in the area has increased by 0.5%. The postcode has had a total of 29 sales since 1995.
GL16 8ET has seen 4 sales in the last three years and no sales in the last twelve months.
GL16 8ET is the 904th largest and the 430th most expensive postcode out of the 1,010 postcodes in the GL16 area.
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The closest station to GL16 8ET is Lydney station which is 11.2 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 GL16 8ET, 41.9% of property is privately owned outright and 33.1% 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 8ET, 14.5% of residents are recorded as possessing school level qualifications and 37.5% 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 8ET, 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 GL16 8ET, 0.5% 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 8ET, 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.