GL16 8JZ is a residential postcode situated on Lower Cross, Clearwell, Coleford, GL16 with 6 addresses.
It ranks as the 288th largest and 756th 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 6 properties: 6 houses.
GL16 8JZ is a residential postcode situated on Lower Cross, Clearwell, Coleford, GL16 with 6 addresses.
It ranks as the 288th largest and 756th 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 6 properties: 6 houses.
Sale prices range from £307,974 for 2 bedroom freehold houses with a garden (645 ft2) to £537,854 for 4 bedroom freehold houses with a garden (1,625 ft2) .
Monthly rental prices range from £1,046 pcm for 2 bed houses to £1,807 pcm for 4 bed houses.
The gross rental yield is between 3.4% and 5.2%.
The average value per square foot is £324.
The last sale in GL16 8JZ sold for £460,000 on 17th September 2021. Since then prices are up an average of 10.2%.
The current average value in the postcode is £428,694.
The GL16 8JZ Sales Market has increased by 46.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.1% | £428,694 |
| April 2025 | 1.1% | £433,578 |
| April 2024 | -1.2% | £428,858 |
| April 2023 | 4.6% | £434,134 |
| April 2022 | 9.8% | £415,065 |
| April 2021 | 8.8% | £377,961 |
| April 2020 | 0.9% | £347,400 |
| April 2019 | 4.3% | £344,314 |
| April 2018 | 5.6% | £330,193 |
| April 2017 | 7% | £312,825 |
| April 2016 | 4.1% | £292,457 |
| April 2015 | 5.8% | £281,039 |
| April 2014 | 5.5% | £265,507 |
| April 2013 | 0.1% | £251,575 |
| April 2012 | -3% | £251,284 |
| April 2011 | 0.5% | £259,121 |
| April 2010 | 3.6% | £257,849 |
| April 2009 | -10.5% | £248,801 |
| April 2008 | 0.5% | £278,112 |
| April 2007 | 0% | £276,699 |
The current average rental value in the postcode is £1,459.
The GL16 8JZ Rental Market has increased by 61.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,459pcm |
| April 2025 | 4.9% | £1,425pcm |
| April 2024 | 8% | £1,358pcm |
| April 2023 | 6.6% | £1,258pcm |
| April 2022 | 9.5% | £1,180pcm |
| April 2021 | 6.1% | £1,078pcm |
| April 2020 | 1.4% | £1,015pcm |
| April 2019 | 3.5% | £1,001pcm |
| April 2018 | 2% | £968pcm |
| April 2017 | 4.9% | £948pcm |
| April 2016 | 4.6% | £905pcm |
| April 2015 | 3.1% | £865pcm |
| April 2014 | 2.9% | £838pcm |
| April 2013 | 3% | £814pcm |
| April 2012 | -0.5% | £791pcm |
| April 2011 | 2.9% | £795pcm |
| April 2010 | 1.4% | £772pcm |
| April 2009 | -8.3% | £761pcm |
| April 2008 | 6.6% | £830pcm |
| April 2007 | 0% | £778pcm |
The last sale was on 17th September 2021 for £460,000 and since then the market in the area has increased by 10.2%. The postcode has had a total of 10 sales since 1995.
GL16 8JZ has seen no sales in the last three years and no sales in the last twelve months.
GL16 8JZ is the 288th largest and the 756th most expensive postcode out of the 1,010 postcodes in the GL16 area.
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The closest station to GL16 8JZ is Lydney station which is 9.1 kilometres away.
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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 8JZ, 34.7% of property is privately owned with a mortgage and 34.1% is privately owned outright.
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 8JZ, 14.7% of residents are recorded as possessing school level qualifications and 41.4% 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 8JZ, the average age was 46 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 8JZ, 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 8JZ, 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.