GL16 8LZ

GL16 8LZHouse Prices / South West, Forest of Dean, Michaels Way

Last updated May 2026

Key Postcode Insights

GL16 8LZ is a residential postcode situated on Michaels Way, Sling, Coleford, GL16 with 24 addresses.

It ranks as the 815th largest and 253rd 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 24 properties: 24 houses.

24
Properties
  • Houses

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House Pricesin GL16 8LZ

Sale prices range from £189,494 for 2 bedroom freehold houses with a garden (635 ft2) to £424,403 for 4 bedroom freehold houses with a garden (1,593 ft2) .

Monthly rental prices range from £1,005 pcm for 2 bed houses to £1,584 pcm for 4 bed houses.

The gross rental yield is between 4.5% and 7.0%.

The average value per square foot is £265.

Average Sale Value
£245,826
Average Rental Value
£1,290 pcm
Average Rental Yield
6.3% /year
Average Value Per Sqft
£265 /ft2
Prices last updated 1st May 2026
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Sales History
in GL16 8LZ

The last sale was on 20th February 2026 for £417,500 and since then the market in the area has increased by 0.9%. The postcode has had a total of 40 sales since 1995.

GL16 8LZ has seen 6 sales in the last three years and 1 sale in the last twelve months.

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Nearby Postcodesto GL16 8LZ

GL16 8LZ is the 815th largest and the 253rd most expensive postcode out of the 1,010 postcodes in the GL16 area.

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Property Typesin GL16 8LZ

  • 9 modern houses built after 1980
  • 2 mid-century houses built between 1936 and 1979
  • 3 houses of an unknown age
  • 10 other addresses of unknown type
  • modern house (9)
  • mid-century house (2)
  • house (3)
  • Unknown (10)
Energy Efficiency

Energy Efficiencyof properties in GL16 8LZ

  • Energy Performance Certificate (EPC) surveys conducted for 11 properties.
  • The dominant rating is C.
  • A (0)
  • E (1)
  • B (0)
  • F (0)
  • C (9)
  • G (0)
  • D (1)
  • No EPC (13)
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Schools Nearby

Schools Nearbyto GL16 8LZ

The nearest primary school to GL16 8LZ is Ellwood Primary School which is 704 metres away.
  • 704
    m
    Ellwood Primary School
  • 1.4
    km
    Clearwell Church of England Primary School
  • 2.6
    km
    Coalway Primary School
The nearest secondary school is Five Acres High School which is 4.6 kilometres away.
  • 4.6
    km
    Five Acres High School
  • 6.9
    km
    The Dean Academy
More reading links
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearbyto GL16 8LZ

The closest station to GL16 8LZ is Lydney station which is 7.7 kilometres away.

  • 7.7
    km
    Lydney
  • 15.0
    km
    Chepstow
  • 17.7
    km
    Cam & Dursley
  • 22.4
    km
    Stonehouse
Source: National Rail
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